CoinDCX News, Crypto News Global

Top Crypto News: Twitch’s co-founder raises $35M for Gaming NFT platform Fractal

In today’s crypto news, Circle Internet Financial; the issuer of the USDC  stablecoin; announced on Thursday that BNY Melon is taking charge and will be serving as the “primary custodian” for the reserve assets that are behind the USDC stablecoin. The relationship is likely to carry good publicity for both financial brands.

The Gaming NFTs have garnered a massive craze within the crypto space! Following the massive interest of the crypto community, Twitch’s Co-founder’s new Gaming NFT Marketplace, Fractal, has raised $35 million in its seed funding! Not only that, but Fractal is also ramping up development with the help of big-name backers. To name a few Andreessen Horowitz (a16z), Solana Labs, Animoca Brands, Coinbase Ventures and Terraform Labs CEO Do Kwon, among others.

In today’s global crypto news, Binance took the initiative to sponsor the music industry’s biggest night of the year! Yes, the GRAMMYS! The crypto exchange also mentioned that some Web 3 initiatives with the Recording Academy are also in the works. Before diving into the news section, let’s have a quick glance at the latest crypto price trends.

CRYPTO PRICES TODAY 

Price Trend  Price for April 3, 2022  Percentage change 
The global cryptocurrency market cap  $2,150,662,050,294 +0.0025%
The total crypto market volume $94,999,011,443 -0.12%
Bitcoin Price $46,073.02 -0.43%
Ethereum Price  $3,495.93 5.11%

*All prices are latest by 10:45AM, 04 April 2022.

TOP GAINERS AND LOSERS TODAY

TOP 3 CRYPTO GAINERS  

Crypto Price Percentage Change
Oasis Network (ROSE) ₹24.04 12.23%
PancakeSwap (CAKE) ₹793.73 11.42%
Spell Token (SPELL) ₹ 0.48 11.08%

*All prices are latest by 11:30 AM, 26 March 2022.

TOP 3 CRYPTO LOSERS 

Crypto Price Percentage Change
Zilliqa (ZIL) ₹11.77 -6.30%
STP Network (STPT) ₹8.41 -5.21%
ICON (ICX) ₹79.84 -5.05%

*All prices are latest by 11:30 AM, 26 March 2022.

Crypto News Global

BNY Mellon to Custody Assets Backing Circle’s USDC Stablecoin

Circle Internet Financial, the issuer of USDC stablecoin, announced on Thursday that BNY Melon, one of the oldest U.S. banks and one of the first to lean into custodying digital assets, will be serving as the “primary custodian” for the reserve assets behind the USDC stablecoin.

The popular go-between for crypto traders keeps its dollar peg with a mix of cash, cash equivalents, and U.S. Treasuries. According to Circle’s website, there are just under 52 billion USDC in circulation as of the present time. USDC is the second-largest stablecoin by issuance size, behind Tether’s US1dt.

Read: Top 20 Institutional Investments in the Crypto Industry

Source: CoinDesk

Binance Is Sponsoring the Grammys This Year

Binance announced in a press release on Thursday that it is “the first-ever official cryptocurrency exchange partner” of the Recording Academy, the organizer of the annual Grammy Awards. They also mentioned that the partnership with the Recording Academy could extend beyond just a branding opportunity. That being said, the crypto exchange did not hold back from mentioning that some Web 3 initiatives with the Recording Academy are also in the works. 

Read: Digital Fashion in the Metaverse

Source: CoinDesk

Top NFT News

Twitch Co-Founder’s Gaming NFT Marketplace Raises $35M

Fractal, the platform for game-related non-fungible tokens (NFT), founded by Twitch’s co-founder Justin Kan, has raised $35 million in a seed round led by Paradigm and Multicoin Capital. Other investors include Andreessen Horowitz (a16z), Solana Labs, Animoca Brands, Coinbase Ventures, and Terraform Labs CEO Do Kwon, among others.

The platform functions as a marketplace for players to buy Solana-based NFTs directly from game companies as well as a secondary marketplace for peer-to-peer trading.

Read: What are P2E games?

Source: CoinDesk

NEW COIN LISTING ON COINDCX 

New Coin Market Cap Circulating Supply
Apecoin (APE) $3,410,708,201 277,500,000.00 APE
Celer Network (CELR) $461,305,192 6.84B CELR
Monero (XMR) $3,899,274,274 18,102,420.39 XMR
Anchor Protocol (ANC) $793,978,858 274,674,778.07 ANC
Stacks (STX) $1,961,380,190 1.31B STX

DAILY CRYPTO NEWS ROUND-UP

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