Crypto venture firm Multicoin Capital has announced its second fund worth $100 million to invest in DeFi, NFT, and other projects.

The post Multicoin Capital announces new $100 million fund to invest in DeFi, NFT and other projects appeared first on The Block.

The Austin-based investment firm says its well-positioned to put serious money behind the next wave of innovators and entrepreneurs in crypto.

Serum—one of the world’s actively used DEX on the Solana blockchain preferred because of its low transaction costs and speed–concurrently burned and dropped to stakers a combined $1.3 million of SRM, an update on May 3 reads. Serum DEX Burns Specifically, the DEX destroyed 84,538 SRM—or $1.03 million—, dropping 21,134 SRM—or $257k—to stakers. In total,Read More

CryptoNinjas » Umbrella Network reduces fees by migrating its oracle solution to Binance Smart Chain

Umbrella Network, a scalable and cost-efficient layer-2 oracle solution for blockchain and decentralized finance (DeFi) ecosystems, today announced that they are formally shifting their computations and consensus mechanics from Ethereum to Binance Smart Chain (BSC), the blockchain platform from crypto exchange company, Binance. Working on BSC will empower Umbrella to update its data more frequently […]

CryptoNinjas » Umbrella Network reduces fees by migrating its oracle solution to Binance Smart Chain

During this episode of The Scoop, we dive deep into the Solana and Serum eco-systems. Sam Bankman-Fried explains why FTX decided to launch a decentralized exchange on Solana versus Ethereum, which supports the vast majority of non-custodial protocols. 

The post FTX’s Sam Bankman-Fried breaks down the Solana and Serum ecoystems appeared first on The Block.

Recently, crypto influencer and trader Elliot Wainman, the owner/host of YouTube channel “EllioTrades Crypto” told his over 313K subscribers that two altcoins he’s following could explode into the list of top 10 cryptoassets (by market cap).  Wainman made his comments during a YouTube video released on April 29. The two crypto projects he focused on in this video were […]

TL;DR Breakdown BTC finds resistance at $58,500. Some support found around $56,000. Next target to the upside at $59,500. Today’s Bitcoin price prediction is bearish as the market will likely continue retracing some of the gain seen on Friday. The first support is located around the $56,000 previous resistance. However, likely we will see BTC/USD […]

Chorus One proposes a liquid staking token that will result in getting staking rewards and staking positions with Lido validators on the Solana blockchain.

The post New Projects for Cardano Could Be a Game-Changer! ADA Price appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Cardano’s native token, ADA, has risen 722% in value this year, from $0.18 in January to an all-time high of $1.48. Also, NFTs created a lot of buzz and the craze around them was unbelievable. Lark Davis, a well-known crypto trader, predicts that a range of convincing crypto narratives will provide early investors with significant …

The post Polygon(MATIC) and Solana(SOL) May Soon Enter Top 10 Crypto! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The new altcoin craze seems to be picking up steam. Bitcoin Dominance (BTC) has recently fallen below 50%, and ETH has recently reached 0.05 BTC, the pair’s highest price in over 2.5 years. Many altcoins have made huge gains, and some have also surpassed their all-time highs. Amidst all the alt craze Elliot Wainman, a …

Infrastructure provider Chorus One believes they can help Lido corner 25% of all staked SOL.