Crypto Insider

2023-01-12 21:00:08 One of the world's largest banks, Morgan Stanley, bought shares of GBTC, the second-largest holder of BTC

Morgan Stanley Europe Opportunity Fund said it bought $3.6 million worth of shares in Grayscale Bitcoin Trust (GBTC).

Morgan Stanley is the largest investment bank in the world with $6.5 trillion in funds under management. This is very important news for the market. Открыть/Комментировать

2023-01-12 14:00:07 PancakeSwap Attains Majority Share of TVL on Aptos Chain

PancakeSwap now accounts for more than 50% of the TVL on the growing Aptos chain, mirroring its status as the dominant DEX on BNB Chain. The chefs have done it again. PancakeSwap has broken the 50% barrier in terms of Total Value Locked (TVL) on the Aptos blockchain, meaning the majority of Decentralized Finance (DeFi) funds are on the platform.PancakeSwap is not only the dominant Decentralized Exchange (DEX) on both BNB Chain and Aptos, but it is head-and-shoulders above competing DeFi Decentralized Applications (Dapps) on those chains. The DEX marked its Aptos achievement with a celebratory Tweet. Открыть/Комментировать

2023-01-11 21:00:09 The United States has arrested and charged 24-year-old French citizen Aurelian Michel for defrauding purchasers of the "Mutant Ape Planet" NFT collection (
mutantapeplanetnft) out of $2.9 million.

During the NFT bull run of 2021-2022, there were so many scams and rug-pulls that it was impossible to keep track of.

But it seems like the US government was watching closely. Открыть/Комментировать

2023-01-11 14:00:07 Jumbo Raises $3.5M to Deliver Its Decentralized Exchange Ecosystem to the NEAR Protocol

Jumbo, a leading decentralized exchange built on the NEAR Protocol, is proud to announce the successful completion of a $3.5 million fundraising round led by Pantera and Huobi Incubator, with additional funding from DWEB3, D21 Ventures, Metaweb Ventures, Fundamental Labs, Proximity, and Genblock Capital. The funds contributed to developing the user-friendly design and feature offerings that have positioned Jumbo as one of the largest DEXs on NEAR since its establishment in late 2021. Jumbo Exchange also employs HAPI, a novel security system that uses know-your-transaction (KYT) technology to ensure safety and security of users."Thanks to the trust of investors, Jumbo is delivering a user-friendly exchange experience that is rapidly developing, keeping pace with market demands and with the NEAR ecosystem," said Alex Dyatlenko, CEO of Jumbo. Открыть/Комментировать

2023-01-10 21:00:08 Mastercard's plan to bring music to the metaverse

According to Mastercard, the next big stage for the music industry is the metaverse. Mastercard on Friday announced the Mastercard Artist Accelerator, which will connect artists with mentors and other technology experts to learn how to use Web 3.0, the metaverse and related technology.

Financial services firms are still in the early stages of using Web 3.0, which broadly refers to development over decentralized networks; and the metaverse, an immersive internet experience which often makes use of virtual reality. While the Mastercard program is aimed at all demographics, the card brand sees the music business as an opportunity to gain insight into how it can apply the emerging innovation in the real world. Открыть/Комментировать

2023-01-10 14:00:06 PancakeSwap Voting to Continue Deployment on Aptos

PancakeSwap is now the dominant DEX on both BNB Chain and Aptos. The community is voting now to continue the $CAKE protocol's multichain deployment. PancakeSwap quickly rose to become the top DEX on Aptos blockchain, and it appears the $CAKE-loving community is overwhelmingly in favor of continuing this multichain endeavor. PancakeSwap, which of course, is the dominant Decentralized Exchange (DEX) on BNB Chain, is currently holding a vote on a proposal to continue and build on the deployment to Aptos.The proposal notes PancakeSwap has 14 farms deployed on Aptos, with APRs consistent with or higher than offerings from other DEXes on Aptos.As for future plans for Aptos, the DEX chefs aim to attract more Aptos-based projects, enhance their own product offerings, and leverage its position on BNB Chain to attract Aptos projects to BNB Chain and vice versa -- with the goal of improving $CAKE burn. Открыть/Комментировать

2023-01-09 21:00:08 E-commerce Giant Shopify Supported Avalanche NFT Minting And Direct Selling

Avalanche said Shopify supported Avalanche NFT minting and selling directly on their online store. Shopify is a powerful e-commerce platform that powers online stores for millions of sellers worldwide, the company claims.

Shopify previously only offered NFT selling and minting to a few merchants, but now the service is fully open. In 2022, Avalanche NFT online retail ecommerce sales reached $5.4 billion, with year-over-year growth projected at 5% until 2025. With the continuous growth of ecommerce, merchants are looking for more innovative ways to stay ahead of their competition.NFTs through their existing storefronts through one of Shopify’s blockchain apps. Открыть/Комментировать

2023-01-09 14:00:05 MetaTdex becomes first decentralized exchange to obtain Dubai DMCC license

DMCC is an independent government organization, which exercises supervision and management functions on enterprises such as trade, operation, investment behavior, and financial products in accordance with the law. As the regulator of Dubai's banking, securities, foreign exchange, and other important parts of Dubai's financial system, DMCC is an important part of Dubai's financial system. DMCC's regulatory licenses are divided into three categories: trading licenses, service licenses, and industrial licenses. MetaTdex has obtained the trading license ( No.DMCC-870791 ), which means that it has obtained the authority to provide all encrypted digital asset exchange services in Dubai, including BTC(Bitcoin), ETH(Ether), USDT (USDT token), and more. Открыть/Комментировать

2023-01-08 21:00:08 NFT project founder DNP3 admits to gambling away user funds

The founder of Goobers NFT, who goes by the name DNP3, blamed a gambling addiction for why he gambled and lost user funds. DNP3 did not respond to The Block’s request to clarify the amount gambled, but the The Block Research estimated the amount to be in the millions.

DNP3 is the founder of the NFT project Goobers, which launched in September 2021 and amassed a 968 ETH total trading volume. At its peak, the project's floor price was 55.25 ETH on Feb. 20, 2022 before falling to 0.02 ETH on Jan 3. DNP3 did not respond to The Block's request to clarify the amount of money used for gambling. However, The Block Research estimated that millions of dollars worth of funds were gambled. Открыть/Комментировать

2023-01-08 14:00:06 Despite Upstaging Uniswap’s TVL, Curve May Still Not be Largest DEX

Uniswap may have slipped from its standing as the largest decentralized exchange — depending how you define it. Curve Finance has surpassed Uniswap in terms of total value locked (TVL), according to data compiled by DeFiLama.TVL is calculated by compiling the number of staked assets on a given smart contract. The commonly referenced metric represents funds available to a protocol to exercise daily market function including spending and borrowing. The figure often skews toward volatility and is heavily affected by market conditions. Traders, as such, typically use TVL as one measure of many to evaluate the overall health of a protocol. Other indications include the number of unique active wallets on a protocol and its market capital (the decentralized equivalent of TradFi’s market capitalization). DappRadar data show that over the past 30 days, Uniswap V3 has an estimated 440,000 unique active wallets. Открыть/Комментировать