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Crypto converts JPMorgan, DBS, Temasek pivot to blockchain for interbank remittances

American investment bank JPMorgan has teamed up with Singaporean DBS Bank and holding company Temasek to develop a blockchain-based interbank remittance system, dubbed Patrior, that aims to soothe some of the most common “pain points” in the sector. “We believe a shared ledger infrastructure such as the Partior platform will change the way payments are…

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Bitcoin bulls attack $57,000 and altcoins rally as April comes to a close

Altcoins moved toward new highs and Bitcoin price rallied above $57,000 shortly after today’s uneventful $4.2 billion monthly options expiry. Bitcoin (BTC) and the overall cryptocurrency market sprang to life on April 30 as an uneventful close to this month’s $4.2 billion options expiry occurred without any signs of controversy.  Data from Cointelegraph Markets and…

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A $1 billion crypto fund could be on its way from Andreessen Horowitz

The VC firm is looking to raise a considerable sum to put towards crypto investments. Building on its previous crypto involvement, VC firm Andreessen Horowitz is now reportedly gathering thunder for another fund, according to an article from the Financial Times, or FT. “The new fund, Andreessen’s third that is focused on cryptocurrency investments, is…

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Got crypto? Here are 3 debit cards that let you spend your stack

Crypto debit cards are growing in popularity as holders look for effortless ways to spend their assets. As blockchain technology and the public’s awareness of cryptocurrency continues to grow, a range of new use cases a coming to market and enhancing the efficacy of legacy financial systems. Despite its many applications, the original use case…

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Cardano Africa Special Event Soured by Fact Checking Calls

The Africa Special event aired on Thursday, showcasing Cardano developments on the continent. At the time of writing, the show has hit over 120k views, with IOG CEO Charles Hoskinson calling it the most popular show they’ve done to date. Although the response was largely positive, with a wide range of mainstream and crypto publications…

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Binance Smart Chain Partner Receives Funds From 16 Institutions

Built on top of Binance Smart Chain, CryptoTycoon (CTT) is a monopoly game based on Binance Coin (BNB), Binance USDC (BUSD), and stablecoin Tether (USDT). With it, users can play to construct in-game buildings by rolling the dice. The game operates with a deflationary and dividend model, according to an official post. The team behind…

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How This Bitcoin Pegged Token Could Protect Holders From Volatility

Anonymous analyst “Wezek Bruh” posted the main reasons why BadgerDAO and its native token pegged to Bitcoin, DIGG, could be a great opportunity for investors. Created as a rebase token, DIGG has the capacity to contract or expand its supply to meet a price target, as Wezek Bruh explained. The analyst believes there is value…

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Biggest Token Burning in History: Sensorium Burns Over $10B Worth of SENSO Tokens; Reveals NFT Functionality

Sensorium Corporation, the company behind the highly-anticipated digital metaverse Sensorium Galaxy, has burned 4.2 billion SENSO tokens reducing the existing supply by 70%. To date, this is the largest token burning in the entire history of cryptocurrencies. In dollar value, this supply shedding is estimated at $10 billion. As of this writing, SENSO trades at…