CRYPTO DIGEST

🗓 Thursday 28.04.22

📌 Flare receives grant from Algorand to create bitcoin bridge

Flare has received a grant from the Algorand SupaGrant Foundation to create a BTC-ALGO bridge. The bridge will provide greater security through consensus and risk reduction. Flare will also add bitcoin as a FAsset, which can be used to create decentralized applications on Flare.

📌 UAE real estate firm begins accepting cryptocurrencies

Another Emirat real estate giant Damac Properties announced that it is adding Bitcoin and Etherium as new payment methods. The UAE is increasingly adopting crypto.

📌 Rain raises $6 million to launch credit cards

U.S. startup Rain has raised $6 million in seed funding to provide corporate credit cards to decentralized autonomous organizations (DAO).

📌 Dragonfly Capital launches $650 million fund with a focus on Web 3.0

Investment firm Dragonfly Capital has launched a new $650 million venture capital fund that will focus on Web 3.0 application developers. A company spokesperson said Dragonfly Capital’s assets reached about $3 billion with its launch.

📌 Cardano developers have increased block size on the network by 10%

In addition to increasing the bandwidth and scalability of the blockchain, the increase in block size should improve the performance of decentralized applications on the Cardano network.

🔥 Rate:

🪙 Bitcoin — $39 001,10 (-0,64%)
📈 S&P 500 — $4.209,67 (+0,61%)
🌕 Gold — $1.885,01 (-0,05%)
⬛️ Oil Brent — $104,77 (-0,17%)