Crypto.com Is Now Sponsor of Aston Martin Formula One Team

Aston Martin’s partnership with Crypto.com is a clear indication that the interest in cryptocurrency adoption is increasing. According to recent reports, one of the biggest trading sites Crypto.com has agreed to collaborate with the Aston Martin Formula One team and to sponsor the team. The multi-year sponsorship deal of the crypto trading platform and the motorsports team came amidst the incredible stance pulled by the crypto market from the beginning of the year. As per reports from the British-based luxury car manufacturer Aston Martin, this deal comes as part of…

Jelurida and Simplex Partnership Set to Unlock Further Blockchain Capabilities

With the Jelurida and Simplex partnership, customers can look forward to excellent KYC/AML capabilities. Jelurida, a blockchain development company, entered into a strategic partnership with Simplex, a firm that allows its customers to purchase different digital assets with different payment methods, to steer forward the blockchain capabilities in real-world use cases. Industry pioneers are seeking ways to tap the blockchain technology and help businesses integrate them seamlessly and securely. Integration of the fiat market and the crypto industry is one of the areas that developers are focused on. As crypto…

Foxconn-backed TV Maker Vizio Submits IPO Application, Five Years Later after First Attempt

After traversing through some rough roads over the last few years, the smart-TV maker Vizio will be going ahead with a $100 million public offering. Vizio Holding Corp, the smart tv-maker backed by the Taiwan-based tech giant Foxconn, has submitted a fresh IPO application. With its increasing market share in the entertainment industry, the smart-tv maker is looking to raise funds from the public. The size of Vizio’s IPO offering is currently pegged at $100 million. However, the company hasn’t yet disclosed the total number of shares and the proposed…

Blockchain Sports Firm Chiliz Eyes American Leagues with Proposed $50M Investment

Chiliz has already churned out an impressive list of blockchain tokens for European football clubs and now it is planning to rock the US market. Malta-based blockchain sports firm Chiliz is set to make its entry into the American market with a planned $50 million investment. As reported by Reuters, the plan was revealed by the company’s Chief Executive Officer Alexandre Dreyfus and will involve the opening of an office in New York. The firm, which prides itself in creating fan tokens for the top sports outfits in Europe is…

Coronavirus-Induced Digitization and Crypto Adoption May Push Crypterium’s CRPT Token in 2021

According to Wallet Investor, Crypterium’s CRPT token is a worthwhile long-term investment. They project the CRPT token price to reach $1.55 in years to come. 2020 was an exceptional year for cryptocurrencies. Year-to-date, for instance, Bitcoin prices have more than quadrupled to spot rates at over $46k. By mid-February 2021, Bitcoin breached $50k to become a trillion-dollar asset, on track of toppling gold as the leading store of value. US Multi-billion Firms Adopting Bitcoin and Crypto Although prices may be volatile, understandably being a relatively illiquid asset in operation for…

Da Vinci Capital Investors Seek $100M Compensation from Telegram CEO

Telegram was ordered to halt sales of Gram after it allegedly failed to register an early sale of $1.7 billion in tokens before the launch of its Telegram Open Network. Investors at Da Vinci Capital, a private equity management firm are reportedly demanding compensation for Telegram’s failed launch of their Telegram Open Network (TON). Da Vinci Capital, which is a major investor in Telegram’s $1.7 billion initial coin offering reportedly sent a letter before claim (LBC) to Pavel Durov, CEO of Telegram on March 1, revealing plans of pursuing legal…

Ethereum Price & Technical Analysis: ETH Will Use Any Chance to Grow

Yesterday the ETH grew noticeably, and on Tuesday, March 2nd, it keeps looking for a foothold, trading at 1,541 USD. The market looks clearly positive. By Dmitriy Gurkovskiy, Chief Analyst at RoboForex. On D1, ETH/USD keeps trading under 23.6% Fibo. The MACD histogram is below zero and keeps declining, which is a signal for a correction. Meanwhile, the signal lines of the indicator have formed a Black Cross, which is another reason for a pullback. Judging by the previous dynamics, the quotations might correct to the support at 38.2% before breaking…

Altcoins To Watch: ZRX, XLM, LTC

In this article we will review three altcoins that are showing signs of a bullish continuation according to the technical analysis and will add some updates of their projects. Cryptocurrencies salute the spring with their recovery from the February sharp fall. There are many technical and fundamental signs of the upcoming new bullish cycle for the crypto-market, including CME Bitcoin ETF, Grayscale broadening their product offering by adding other cryptocurrencies, FD7 to sell $750 worth of Bitcoin to purchase ADA and DOT. Stellar Lumens Stellar announced today their launch of…

xWIN to Use Binance Smart Chain to Break Limitations of Traditional Fund Management Model

As decentralized finance continues to evolve, the xWIN project can confidently put forward the vision of technology innovation beyond traditional funds.  2020 was an extraordinary year. Due to the impact of Covid-19, the world is facing disrupted transformation and digitalization, and many companies are accelerating their reform and transformation. This is especially true in the digital asset world. The total value of DeFi exceeded US$10 billion for the first time, which is equivalent to 2.5 times the total value of DeFi in 2019, with a year-on-year growth rate of 1410%.…

Cardano Becomes Multi-Asset Blockchain Following Mary Protocol Update

Cardano native token ADA has been recording gains, pushing the cryptocurrency project to the place of the third-largest digital asset by market cap. The Cardano blockchain has become a multi-asset chain following its hard fork, which is the “Mary” protocol update on the 1st of March. The hard fork, the “Mary” protocol update, was eventually completed after a long wait. After the Mary update launched to mainnet, the blockchain said it represents a major milestone in its ongoing rollout. Before the Mary update, Cardano founder, Charles Hoskinson, referred to the…