Cronos partners with Chainalysis for security and compliance support

Chainalysis x Cronos

Cronos, the native token of Crypto.com’s ecosystem, has partnered with leading blockchain analytics firm Chainalysis to bring security and data services to its token.

Previously known as Crypto.com Coin, Cronos (CRO) runs on the first Ethereum-compatible blockchain network to use Cosmos SDK technology. It fluctuates towards the end of the top twenty cryptocurrencies in terms of its market capitalisation.

The partnership has already added Chainalysis KYT (Know Your...

Solana NFTs launch in beta on leading marketplace OpenSea

Sun Rising

Solana NFTs (non-fungible tokens) have finally gone live on Opensea, the leading NFT marketplace.

Despite being the home ground of Ethereum-based NFTs, OpenSea’s users have long requested integration of the Solana network.

Launching in beta with 165 NFT collections and partners, OpenSea plans to “improve the Solana experience” over time and add more collections every day.

OpenSea said: “Solana has emerged as one of the fastest growing NFT ecosystems in...

Terra buys another 4,550 Bitcoin worth over $206M

Blockchain project Terra continues to amass Bitcoin by taking another 4,550 off the market, worth over $206 million.

Terra has been following a number of companies – including MicroStrategy, Tesla, Square, and others – in adding Bitcoin to its reserves.

Do Kwon, CEO of Terraform Labs, has said his ultimate aim is to have Terra’s reserves of Bitcoin rival that of Satoshi Nakomoto...

What are meme coins and are they worth investing?

Dogecoin

Ever since the advent of Bitcoin in the latter half of 2012, the idea behind a digital currency has become incredibly popular to investors as more and more people get interested in cryptocurrency.

As one would expect, this phenomenon has driven large corporations and even individuals to create and release all sorts of cryptocurrencies in the market. The reasoning behind this is to serve as a way for people to send money over the internet. But amongst these cryptocurrencies,...

Omicron crypto explodes by 900% following Covid variant naming

Omicron Covid-19 Variant

Omicron (OMIC), an unsuspectingly named cryptocurrency, skyrocketed in value by 900 percent over this final weekend of November.

The relatively unknown crypto coincidentally shares a name with the new fast-spreading variant of Covid-19 that was discovered in South Africa.

The B.1.1.529 strain was named after the fifteenth letter of the Greek alphabet by the World Health Organisation (WHO) on Friday 26.

Whilst leading currencies such as Bitcoin and Ethereum...

Cardano Summit 2021 sees DeFi, NFT and climate partnerships

A protester holding a sign that reads 'Earth is more valuable than money'.

The Cardano Summit 2021 on September 26 has led to a number of strategic partnerships designed to drive adoption of the Cardano blockchain being announced.

Held by the non-profit custodian of the blockchain, the Cardano Foundation, the Summit was co-located across a mixture of virtual and physical events in New York, Miami, Wyoming, London, Berlin and Cape Town.

At the event, Frederik Gregaard, CEO of the Cardano Foundation, said: "At Cardano, our goal is to provide...

Avalanche rakes in £167m of funding led by Polychain

Avalanche

Avalanche, a proof-of-stake and smart-contract enabled cryptocurrency, has received £167 million in funding through a private sale led by Polychain and Three Arrows Capital.

R/Crypto Fund, Dragonfly and CMS Holdings also invested substantially by buying up the company’s native AVAX token.

Avalanche is an ultra-fast and eco-friendly blockchain protocol with a growing ecosystem of decentralised finance (DeFi) products.

Avalanche has experienced monumental...

HIVE Blockchain warns of fraudulent impersonator websites

Crypto miner HIVE Blockchain Technologies has issued a warning against multiple imposter groups pretending to be HIVE to “defraud individuals”.

According to a post on its website, some people have already been targeted and affected by these groups, having lost money to supposed investments.

“Some of these impersonator groups appear to promise large returns on investment and are not legitimate. Other impostors are promoting investment through an app. We are not...

DigitalBits signs £73m deal with Inter Milan FC

Inter Milan DigitalBits Partnership

DigitalBits has signed a €85 million (£73m) multi-year partnership with Italian Serie A’s reigning champions Inter Milan FC.

The partnership marks the second Italian top-flight team to sign a major deal with the cryptocurrency company in recent months, with AS Roma FC agreeing to a €36m deal in July.

As part of this partnership, DigitalBits becomes the ‘Official Global Cryptocurrency’ and Zytara Labs becomes the ‘Official Global Digital Banking Partner’...

Cardano’s ADA token becomes third largest cryptocurrency

Cardano ADA Token

ADA, Cardano’s native token, has surpassed stablecoin Tether to become the third largest cryptocurrency based on market cap.

According to cryptocurrency tracker CoinGecko, the ADA token now has a market cap of $64.9 billion (£47.2bn) compared to recently overtaken Tether which sits just shy at $64.6 bn (£46.9bn).

Perhaps more notably, the Cardano coin has a seven day growth rate of 20.8%, putting it leaps and bounds ahead of Tether’s 0.7% growth or top dog...