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Daily Crypto News Jan 15, 2022: Top 3 crypto updates for today

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Today on Cryptocurrently, Zero Hash is all decked up to bring crypto products to financial companies. After crypto received the mainstream limelight it is quite evident that financial institutions are looking for ways to incorporate the same in their services. Zero Hash aims to streamline this entire process for these giants and ultimately turn every company into a crypto company someday. 

After Nike, H&M, Adidas, and Macy jumped into the NFT and metaverse sector, the famous Gap hoodie is also now an NFT. Gap has gamified the entire process of NFT collection and every NFT has different price points based on its rarity. More on this below. 

Near Protocol has raised $150 million in seed funding with Andreessen Horowitz and Three Arrows Capital. The fund has been raised to promote decentralized and Web3 technologies and educate billions of people on the blockchain. 

Quick Crypto News Roundup! 

Daily Crypto News  Jan 15, 2022

Zero Hash raises $105M to bring crypto products to financial companies

With financial companies realizing the importance of digital assets Zero hash has raised $105 million to bring those crypto products to all the financial companies. 

The company shall provide the business ability to embed NFT and crypto products and services in their platform. This will enable customers to trade, earn, reward and stake digital assets. According to an interview with the co-founder of Zero hash, Edward Woodford, he believes that every company will be a crypto company in some form in the near future. 

Read more in detail about Zero Hash raising $105M and what it means for financial institutions in the future. 


Gap to launch NFT hoodies art that will unlock physical clothing

Following the trail of other big retailers like Nike, Adidas, and Macy’s, Gap has also started to sell NFTs. These NFTs have been built on the Tezos blockchain which is considered to be more energy-efficient. These NFTs come in the form of a series of digital hoodie art that has different levels of rarity for different price points. The common level pieces that start at roughly $8.30 or 2 Tez were on sale yesterday. The next few weeks shall see the launch of epic, rare, and one-of-kind NFT arts. 

According to Decrypt, buyers must buy 4 common NFTs and one rare NFT to become eligible to buy an epic one. According to Gap, the gamified version shall encourage users to collect this hoodie art which will eventually lead to the epic level. 

Read more in detail about what NFT art Gap has in store and how it is adding to the craze around NFTs. 

Source: The Verge

Near Protocol raises $150M to promote Web3 Adoption

Near Protocol, Ethereum competitor has raised $150 million for its Web3 projects with Andreessen Horowitz and Three Arrows Capital supporting PoS blockchain. It has raised this amount in seed investments to accelerate the entire process of Web3 adoption. The team declared that the funds shall be utilized to build regional hubs and spread awareness around decentralized tech and blockchain. 

The announcement says that these funds shall be used to help billions learn how to use blockchain. The projects being built on the Near blockchain shall have the opportunity to connect to new set audiences. 

Read more in detail about Near protocol and its plans to promote Web3 adoption. 

Source: Cointelegraph 

Crypto Market Trend January 15, 2022

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

Top 3 Crypto Gainers 

Cryptocurrency  Price (latest by January 15, 2022)  Change in % 
Chromia (CHR) ₹66.17 12.02%
Curve (CRV) ₹427.30 10.99%
Aave (AAVE) ₹18402.77 7.67%

*Prices are latest by 11:30 AM January 15, 2022.*

Top 3 Crypto Losers 

Cryptocurrency  Price (Latest by January 15,  2022)  Change in % 
Loopring (LRC) ₹113.07 7.54%
Stellar Lumens (XLM) ₹20.80 5.19%
Harmony (ONE) ₹27.50 5.04%

*Prices are latest by 11:30 AM January 15, 2022.*

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