Grayscale Investments LLC has announced a quarterly rebalancing of funds for some of its clients, including the Digital Large Cap Fund and the DeFi Fund. Grayscale invests in Solana (SOL) for the first time Today, Grayscale Investments is one of the most famous digital asset management companies in the world,…

The ecosystem of Axie Infinity, the famous game on the Ethereum (ETH) blockchain, continues to grow. On 2nd October, it became known that the developers are launching their own decentralized exchange for exchanging AXS tokens. Axie Infinity Launches Dex Platform Axie Infinity’s revenues have grown exponentially over the past few…

Crypto blogger Colin Wu looked into Huobi’s exodus from the Chinese market. He shared the details with his followers on Twitter. Huobi will completely cease operations in China Colin Wu is a well-known blogger covering events related to mining, digital assets, and cryptocurrency exchanges. A few hours ago, he posted…

Polygon co-founder and CEO Sandeep Nailwal said that Ethereum (ETH) would soon become the #1 cryptocurrency. Speaking about blockchains, he highlighted a number of differences between the two largest platforms. The DeFi space is thriving Analysts say the proliferation of DeFi and NFT (non-fungible tokens) has significantly increased the…

Digital currencies can be used to speed up payments and make transfers cheaper, according to a report published by the Bank for International Settlements (BIS) and a group of central banks. Using a prototype, the banking group has demonstrated how money transfers can be made in seconds with minimal processing…

Binance, one of the world’s most famous crypto exchanges, has been the focus of quite a legal ruckus as of late. The platform is currently under scrutiny by financial services regulators around the world. In that light, the head of Binance, Changpeng Zhao, stepped forth and in one of his…

There have been some pretty significant rearrangements in the TOP 10 cryptocurrencies according to CoinMarketCap. Not only has Binance Coin (BNB) managed to give up its place in the ranking to the stablecoin Tether (USDT), but also Ripple (XRP) has displaced Solana (SOL), the last few weeks’ favourite, from its…

On August 5th, the London Hark Fork took place, leading to transaction fees, initially meant for paying out miners, being burnt out of circulation. What caused the burning The upgrade EIP-1559, introduced within the hard fork, caused Ethereum to become a deflationary asset. Ever since the…

OKEx crypto exchange has developed a DeFi hub in order to attract new users by the expanded scope of the provided services. What’s more, the platform is also introducing an NFT marketplace.  On 2nd September, OKEx announced its DeFi hub along with the NFT marketplace. The marketplace will…

Cardano is one of the world’s leading cryptocurrencies sitting proudly at third place on the CoinMarketCap list. So it should come as no surprise that the coin is constantly being improved as new features and updates are being rolled out by the devs. The development team has released a testnet…