Kriptomat Automates Portfolio Growth

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[PRESS RELEASE – Please Read Disclaimer] With Kriptomat’s updated Recurring Buy feature, investors can set up dollar cost averaging in seconds using credit cards. Kriptomat has added an automated recurring purchase feature to its toolkit for crypto investors in Europe and around the world. The updated Recurring Buy feature allows investors to define a quantity … Read more

ECB: High Correlation Casts Doubt Over Crypto’s Usefulness in Portfolio Diversification

ecb:-high-correlation-casts-doubt-over-crypto’s-usefulness-in-portfolio-diversification

Amid fears of recession and rising inflation, the cryptocurrency industry witnessed the entry of many new participants who bought digital assets to diversify portfolios. But the latest declines are hitting them hard as the space continues to move in lockstep with stocks and bonds. Increasing Correlation During Market Stress The European Central Bank (ECB) has … Read more

Coinbase Is the First Cryptocurrency Company to Enter the Fortune 500 List

coinbase-is-the-first-cryptocurrency-company-to-enter-the-fortune-500-list

Despite the recent uncertainty and unfavorable market sentiment, Coinbase has climbed into the list of the Fortune top 500 firms. The exchange registered one of the most significant yearly increases in profits and revenue compared to the previous year. Started in the 1950s, the Fortune 500 list is an annually-published ranking of the largest US … Read more

Magic Square Integrates With deBridge

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[PRESS RELEASE – Please Read Disclaimer] In the initial stage of the blockchain industry, the priority for many stakeholders was simply getting their feet in the door. This means attracting more people to the blockchain industry, securing mainstream acceptance, and so on. Now, over a decade since the inception of Bitcoin, these priorities have changed. … Read more

Institutional Exodus: Crypto Fund AUM Fell to Lowest Levels in 10 Months

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Institutional funds are still flowing out of crypto products, so much so that over the past week, the total assets under management (AUM) figure fell to a ten-month low. CoinShare’s weekly ‘Digital Asset Fund Flows’ report has detailed another week with an exodus of institutional capital. The $141 million outflows have dropped the total AUM … Read more

UGC Game ArchLoot Closed Beta Test Ended: A Crypto Game That Can Exceed Your Expectations

ugc-game-archloot-closed-beta-test-ended:-a-crypto-game-that-can-exceed-your-expectations

[PRESS RELEASE – Please Read Disclaimer] May 23, 2022, Singapore – GameFi project ArchLoot recently announced its Closed Beta Test (hereinafter referred to as CBT) that took place from May 18 to May 22. The event, initially designed to be a 48-hour-long carnival, was extended to twice as long amidst the growing needs of participants. … Read more

Bluebay Launches KlayDino Limited Edition NFTs

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[PRESS RELEASE – Please Read Disclaimer] Earlier this year, Delio, a licensed international crypto bank, launched its NFT marketplace named Bluebay. With no listing fees and no transaction costs, Bluebay is designed to be a playground for NFT creators. The platform has quickly gained popularity among artists, graphic designers, 3D illustrators, and songwriters as well. … Read more

ADDX bags $58M to reduce min. private investment by 10x via smart contracts

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ADDX uses blockchain technology and smart contracts to tokenize and fractionalize private markets, including pre-IPO equity, private equity, and hedge funds and bonds. ADDX, a blockchain and smart contract-based digital securities platform from Singapore raised $58 million from mainstream financial institutions to fund its goal of reducing minimum private investment sizes via tokenization and fractionalization. … Read more

Polkadot Partners With Frank McCourt’s Project Liberty to Democratize Social Media Data

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Leading interoperability blockchain network Polkadot has partnered with Frank McCourt’s Project Liberty on the first implementation of the latter’s Decentralized Social Networking Protocol (DSNP). Democratizing Social Media Data According to a press release shared with CryptoPotato, the new collaboration will see Project Liberty leverage Polkadot’s technology to boost the adoption of its DSNP. Project Liberty is … Read more