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Riot Games will invest $10 million in minority-owned game studios

League of Legends publisher Riot Games said that it will invest $10 million in founders who are underrepresented minorities in the video game...

Chainlink’s price oracles power derivatives and crypto-finance products running on new DeFi exchange

One year after launching its mainnet, Chainlink is forging ahead with partnerships and industry collaborations.The project partnered with a decentralized exchange, the Opium...

Amazon Bags Patent to Use Blockchain Technology for Enhanced Supply Chain Transparency

E-commerce juggernaut Amazon has secured a patent that involves using distributed ledger technology (DLT) to track delivery packages. This, according to an article by Nasdaq, June...

CoinMarketCap Changes Ranking Algorithm Again, Binance Holds Top Spot

CoinMarketCap, one of the top trackers and insight platforms in the crypto industry, has made another change to its ranking algorithm as it...

Hydrogen on the Rise of Payments as a Service in Fintech

The latest report from fintech enablement platform Hydrogen, which made its Finovate debut in 2018, takes a look at how the global public...

Despite Decentralization Ambitions, DeFi is Still Dominated by Super Rich Tokenholders

Decentralized finance doesn't seem so decentralized after all, especially when looking at token concentration. Key Takeaways 90% of the supply for most DeFi tokens...

BankBazaar Scores $6 Million; PayPal Makes Strategic Investment in Tink

Courtesy of a round featuring new investor WSV – a joint venture fund of Walden International and Korean firm SKTA – online financing...

Poloniex Lists Binance Coin Following Tensions Over Steem

Poloniex, a veteran exchange that was recently purchased by a consortium including Tron founder Justin Sun, has launched Binance Coin (BNB) and Binance...

Crypto Derivatives Hit New Record as Stablecoins Collapsed in May

Cryptocurrency derivatives volumes recorded their best month yet in May, a new report has revealed. According to the report, derivatives noted a 32%...

Alexis Ohanian steps down from Reddit board to make room for a black candidate

Reddit co-founder Alexis Ohanian announced via Twitter on Friday that he’s resigning from the Reddit board and urging the board to fill his...

Building on Bitcoin? Blockstream is connecting investors with Liquid Network fanatics

Bitcoin-focused entrepreneurs have a reason to rejoice.Earlier this week, Blockstream announced its “Liquid Ventures Initiative,” targeting developers working on the firm’s Lightning Network...

DeFi’ing the Odds; Celsius Network Reports Over $1 Billion Cryptocurrency Deposits

In a press release issued on June 4, 2020, decentralized finance (DeFi) platform crypto interest-earning platform Celsius Network announced that it had surpassed over $1...

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