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Daily Crypto News Dec 28, 2021: Top 3 crypto updates for today

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After Uniswap deployed its latest version of Polygon leading to a massive rise in prices of the token, another Polygon integration is about to come. It’s the Norwegian browser Opera and Polygon Integration that will take place in the first quarter of 2022. Read more in detail below. 

Arcade successfully raised $15 million in the Series A funding for its lending system using NFTs as collateral. This project will be an amazing collaboration between the NFT and the DeFi space. Some of the big investors backing this funding were Pantera Capital and BlockFi CEO Zac Prince. 

After famous celebrities such as Gary Vee and Steve Aoki, another celeb has joined the NFT promoter’s list. And this time it’s our beloved cricketer Rohit Sharma. He is partnering with FanCraze to launch a few NFTs from his cricket memorabilia. Will you buy this NFT? Read more in detail below. 

Quick Crypto News Roundup! 

Daily Crypto News  Dec 28, 2021

Opera eyes Polygon for its next mobile wallet Integration 

Opera, the famous Norwegian web browser developer is all ready to support transactions using Polygon MATIC from quarter 1 of 2022. Opera is in talks with Polygon MATIC to add it to its native digital wallet in the first quarter of 2022. This would help opera extend its reach into Ethereum’s layer 2. Polygon shall become Opera’s first supporting layer 2 tokens. What does it hold for MATIC? Being in Opera’s native wallet will imply that users shall have better and seamless access to the realm. 

Read more in detail about Opera’s and Polygon’s collaboration

Source: Coindesk 

Arcade raises $15 million to offer NFT-backed loans

Arcade has raised a whopping sum of $15 million in its series A funding for its collateralized lending system. This will connect the expanding non-fungible token (NFT) space to Decentralized finance (DeFi). 

This funding shall be utilized in building products and looking for human resources for legal and other purposes that will help Arcade navigate the regulatory landscape. some of the investors present during the fundraise were Pantera Capital, BlockFi CEO Zac Prince, Castle Island ventures, Quantstamp CEO Richard Ma, and Franklin Templeton. 

Read more on arcade raising $15 million in series A funding in detail. 

Source: Coindesk 

Cricketer Rohit Sharma joins the NFT train to launch his collection on FanCraze 

Rohit Sharma partners with FanCraze to launch cricket memorabilia in the form of NFT. It will include NFTs of famous videos from the 2019 ICC World Cup and shall also include some of the cricketer’s scores of 150 or more. FanCraze is looking forward to creating a new model of athlete-fan collection and has agreed to an agreement with the International Cricket Council (ICC) for a 3-year use of ICC’s collection of audio as well as video materials. Some of the materials will date back to  1975. 

Source: Aliens.com

Crypto Market Trend December 28, 2021 

Here is a quick summary of the top crypto gainers and losers for the day. 

Top 3 Crypto Gainers 

Cryptocurrency  Price (latest by December 28, 2021)  Change in % 
ICON (ICX) ₹149.90 24.01%
Sushi (SUSHI) ₹ 710.97 15.78%
Ravencoin (RVN) ₹8.38 8.97%

*Prices are latest by 11: 40 AM December 28,2021.*

Top 3 Crypto Losers 

Cryptocurrency  Price (Latest by December 28,  2021)  Change in % 
Chromia (CHR) ₹58.88 9.86%
Fantom (FTM) ₹171.57 8.92%
Theta Token (THETA) ₹419.22 8.1%

*Prices are latest by 11: 40 AM December 28,2021.*

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