Korean Officials Quit Jobs to Join Crypto Industry, Lawmaker Reveals

Public officials in South Korea are increasingly choosing career opportunities in the cryptocurrency sector. Some of them come from financial authorities which raises ethical questions, according to the findings of a Korean lawmaker, quoted by local media. Former Financial Officials Hired by Major Korean Exchanges A growing number of officials in Seoul are vacating their … Read more

Top 5 Most Popular dApps on the Avalanche Network

Avalanche is one of the most popular blockchains for Dapps and DeFi platforms. With a market cap of over $21.7 billion, it ranks as the 12th largest cryptocurrency on the market. This article looks at the top five most popular Dapps on the Avalanche network, ordered by 30-day user count, lowest to highest. 5. Lydia … Read more

Analyst Expects US to Embrace Crypto With Proper Regulation in 2022 – Sees ‘Refreshed’ Bitcoin Bull Market

Analyst Mike McGlone with Bloomberg Intelligence has shared his outlook for the cryptocurrency market going forward. “We expect the U.S. to embrace cryptocurrencies in 2022, with proper regulation and related bullish price implications,” he detailed. Noting that “Bitcoin appears to be on a trajectory for $100,000,” the analyst added that we are likely to see … Read more

Fractional NFT Markets See Significant Growth in 2021 as Market Cap Surpasses $200 Million

While the non-fungible token (NFT) economy has exploded in value, another sector of the NFT industry called fractionalization has seen immense growth. A bunch of projects today are dealing with fractional NFTs, which are basically NFT assets chopped into a number of pieces and shared among a community of holders. According to statistics on Sunday, … Read more

Kenya Based Fintech Kwara Raises $4 Million in Seed Round

A Kenya based fintech, Kwara has raised $4 million in a seed round that was led by Breega VC firm. The funds will be used to create an app that allows members of credit unions to access financial services. The Rising Demand for Financial Services by Credit Union Members Kwara, a Kenyan fintech that focuses … Read more

Ascendex Hacked — Exchange Loses $77 Million in ERC20, BSC, Polygon Tokens

Ascendex, a cryptocurrency exchange, suffered a security breach that allowed hackers to take control of some of the wallets of the exchange. The attack focused on hot wallets, where funds are kept as a buffer to tend to customers’ withdrawals. The company announced that it would reimburse these funds to any affected user. Peckshield, a … Read more

Top 5 Metaverse Coins Built on the Binance Smart Chain

With Metaverse coins rising in popularity, there are dozens of platforms available for projects to build their next-generation virtual universe. Some of the more popular options for Metaverse coins include Ethereum, Solana, and Polygon. This article will explore the top GameFi / Metaverse coins built on the Binance Smart Chain, ordered by active users in … Read more