DeFi TVL Tanks 20% Following Crypto Market Woes
Decentralized finance (DeFi) has felt the impact of the market crash that happened on Wednesday. The space which had already been struggling due to low interest had seen its total value locked (TVL) tank by more than $10 billion in a three-day period. TVL Falls To $44 Billion For the last couple of weeks, the […]
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Social media users have slammed China’s reported use of military tanks to intimidate bank customers protesting against the freezing of their savings. Some users claimed the deployment of military tanks exposes the country’s underlying economic problems. Crypto proponents see the issue as a vindication of their long-standing argument.
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Some social media users have derided Chinese authorities’ reported decision to deploy tanks around the central bank’s offices in Henan where bank customers have been protesting against the....
In this episode of "Fed Watch," the hosts discuss the world's three major central banks and their actions in the face of economic turmoil. The post Video: Central Bank Woes appeared first on Bitcoin Magazine.
The bear market in crypto hasn’t deterred venture capital firms from investing heavily in blockchain and Web3 projects. Digital asset exchange Huobi Global has spun out a new investment arm focused on decentralized finance (DeFi) and Web3 projects, further highlighting venture capital interest in the blockchain economy. Dubbed Ivy Blocks, the new investment arm has over $1 billion in crypto assets under management to deploy, a spokesperson for Huobi confirmed. These funds have been earmarked for “identifying and investing in promising blockchain projects,” the company said. In addition to....
PRESS RELEASE. The blockchain game, built by GAMEDIA and published by Web3 industry leader Gala Games, is currently operating its final round of playtests before making preparations for the full October 31st launch. Spider Tanks is one of the first games powered by Web3 (blockchain) tech from Gala Games, with official release scheduled for Halloween 2022. The game is an arena style PvP brawler. Players customize their tanks in a garage that consists of player-owned upgradeable parts. These parts are also owned as transferable blockchain items, commonly known as NFTs. The launch of Spider....
PRESS RELEASE. Jackson, Wyoming (August 29, 2022) – Gala Games, the leading pioneer in web3 entertainment and blockchain gaming, today announced that Spider Tanks, the first Web3 PvP esports brawler, will launch on October 31, 2022 as the debut game on Project GYRI, Gala Games’ proprietary games-first blockchain. In anticipation of the launch, starting today Gala is kicking off a limited time sale for its Spider Tanks Planetary Nodes. Planetary Nodes will be operated by community members who have purchased licenses in this sale. In return for using their computing resources....