Circle stablecoin USDC depegs to under $0.90 | Invezz

USD Coin (USDC/USD) has fallen below $0.90, sharply depegging after Circle confirmed exposure to Silicon Valley Bank.   The cryptocurrency news this Saturday also sees major cryptocurrencies, including Bitcoin and Ethereum struggle with selloff pressure near $20,000 and $1,400 respectively. USDC falls under $0.90 Simply, the stablecoin is falling because Silicon Valley Bank, one of ...

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On-chain data shows bullish growth for game-fi universe | Invezz

According to DappRadar’s most recent Games Report, on-chain gaming activity rebounded from a “tough” 2022 in early 2023. Leading the charge in momentum are the usual incumbents in the game-fi sector, most notably Gala Games (GALA/USD), Axie Infinity (AXS/USD), Decentraland (MANA/USD), Floki Inu (FLOKI/USD), among many others. Leading the charge is Floki which is up ...

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Bakkt partners with Caesars Entertainment to bring crypto rewards to the Las Vegas strip | Invezz

Bakkt Holdings, Inc., a company focused on unlocking the crypto economy for partners through commerce and loyalty programs, has announced a partnership with US-based casino-entertainment firm Caesars Entertainment (NASDAQ: CZR). The deal sees the Bakkt Crypto rewards come to the Las Vegas strip, with Caesars not just the leading entertainment company in the United States, ...

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Mintlayer announces the listing of ML token on Gate.io | Invezz

Mintlayer, a future-proof blockchain providing direct token interoperability and empowering Bitcoin (BTC/USD) with a sidechain, has announced that its native token ML will be listed on Gate.io before the end of March. According to the announcement by Mintilayer, ML token will be listed on Gate.io, one of the largest Crypto exchanges worldwide by volume, on ...

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Freshforex grows brand with over 200 instruments across crypto, stocks and commodities | Invezz

Freshforex, a forex broker founded in 2004 and among the leading online trading platforms with a presence in over 150 countries, eyes further growth as more users access its large portfolio of products. The platform is owned by Riston Capital Ltd, a company registered with the Financial Services Authority of Saint Vincent and the Grenadines. ...

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Verichains discloses critical blockchain security vulnerabilities | Invezz

Verichains, a leading blockchain security firm, has identified significant blockchain security vulnerabilities. In an urgent public advisory to projects in the ecosystem, the Verichains team said the vulnerabilities relate to IAVL proof verification and spoofing attacks in Tendermint Core and Cosmos. Specifically, the security risks relate to critical Empty Merkle Tree vulnerability and IAVL Spoofing ...

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GameFi leading the way for Web3 adoption: Metacade presale advances to stage 6 | Invezz

The GameFi space is witnessing explosive growth as the crypto market finds its way out of the long crypto winter that started in 2022.  GameFi projects including the GameFi newcomer Metacade (MCADE) have seen increased traction since the start of the year. GameFi (an intersection of gaming and finance) has revolutionized the gaming industry through ...

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Metacade price prediction: MCADE outlook as GALA, FLOKI tokens rally | Invezz

Floki Inu (FLOKI/USD) and Gala Games (GALA/USD) are currently the top trending coins in the GameFi ecosystem, with their native tokens making impressive moves in the past 24 hours. This price prediction for MCADE, and the comparison to GALA and FLOKI, highlights the differences in price outlook and why Metacade could offer a greater opportunity. ...

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Telegram investor groups buzzing as AltSignals announces its crypto presale | Invezz

The crypto world seems to have found a favored method to exchange ideas, having chosen instant messenger service Telegram for its communication needs. It often means that the earliest chance to spot top-notch crypto presale opportunities is across the application. Investors paying attention are currently witnessing the wave of excitement rippling across Telegram due to ...

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CoinFLEX restructuring plan approved: FLEX price explodes | Invezz

The price of FLEX (FLEX/USD), the native token of cryptocurrency exchange CoinFLEX, has soared to a daily high of $2.06. The sudden surge came against the backdrop of CoinFLEX getting approval for a restructuring plan it filed in August last year. The exchange suspended withdrawals in June last year citing a liquidity crunch. The approval ...

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Cryptocurrencies see uninspired action as stocks open higher | Invezz

Cryptocurrencies remain largely indecisive since last week’s heavy selling that pushed the prices of the leading digital assets below key support levels. Bitcoin and Ethereum for instance have found it difficult to reclaim the $23k and $1.6k levels, with the declines in crypto contrasting with slight gains for stocks after major indices ended last week ...

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Coinbase, Paxos halt business with Silvergate Bank | Invezz

Coinbase (NASDAQ: COIN) has announced it is discontinuing its business relationship with Silvergate (NYSE: SI), a crypto-friendly bank that is looking increasingly in trouble following the crypto winter and the collapse of FTX. On Thursday, Coinbase said it will no longer accept or initiate payments with the bank and that going forward, it will facilitate ...

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CryptoUnity has partnered with Lenovo for a beginner-focused crypto exchange | Invezz

CryptoUnity is working on a beginner-focused crypto exchange that has a user-friendly interface and comprehensive educational resources to bridge the gap for beginners in the cryptocurrency space. The project aims at simplifying the crypto involvement process which can be otherwise overwhelming and complicated for those just starting out. The startup’s mission is to help beginners ...

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4 Reasons Why Metacade’s Web3 Community Is a Much Better Investment Than NFT Crypto | Invezz

As the crypto market begins to show signs of recovery following a tough 2022, analysts have been furiously working to uncover where the best Web3 opportunities lie for the biggest profits. NFTs are one area expected to have a very bright future. A newcomer known as Metacade looks to be a far better investment than ...

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Chainlink launches Chainlink Functions, a powerful Web3 serverless platform | Invezz

Chainlink (LINK/USD) has taken its Web3 services a notch higher with the launch of its new powerful new Web3 serverless developer platform Chainlink Functions. The new developer platform is aimed at allowing developers to connect their decentralized (dApps) or smart contracts to any Web2 API with just a few lines of code. Besides connecting to ...

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VIDEO: GameFi – where did it all go wrong, and what does the future hold? | Invezz

They said that blockchain and gaming were a match made in heaven. The only problem is that match got very, very ugly over the past year or so. The decline of the play-to-earn model and wipeout of capital from the crypto space at large has hit GameFi particularly hard. This week on the podcast, I ...

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VIDEO: Running a web3 company amid crypto winter | Invezz

It’s been a horrendous year for crypto as a whole. The hysteria of the pandemic bull run came to an emphatic halt in 2022 with prices collapsing across the space. We saw several scandals – LUNA’s death spiral, FTX’s egregious fraud and Celsius’ demise being the biggest examples – as crypto descended into chaos. As ...

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What will happen if Metacade performs better than Litecoin in 2023? | Invezz

Up-and-comer Metacade has been generating significant hype over the past few weeks. But how does it stack up against Litecoin? In this article, you’ll read why Litecoin might not perform as well as expected in 2023, some Litecoin price predictions, and why Metacade could be offering investors a much better investment opportunity.  Litecoin (LTC) lags ...

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QANplatform becomes the official Alpine Esports blockchain partner | Invezz

Renault-owned and top 10 Formula 1 constructor team Alpine Esports has selected QANplatform blockchain as its official partner. The partnership will see Apline Esports use QANplatform’s blockchain to develop use cases that enhance Alpine’s esports offerings. Alpine Esports’ Formula 1 constructor team plays a pivotal role in optimizing race cars and the simulations undertaken by ...

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Liquity token price takes a ride after Binance listing | Invezz

Liquity (LQTY/USD) has surged by more than 110% today after news of being listed in Binance’s innovation zone. At press time, the LQTY token was trading at $2.75, up 110.04%. The token is trading at a 10-month high as its trading volume surged by 733 % in the last 24 hours. Listing on Binance Binance ...

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