Clients are increasingly pushing investment advisors into crypto, Kucoin’s native KCS token is up 3100 percent year-on-year, and many other crypto market highlights compiled over the past 24 hours.
Blockchain software company CasperLabs said it has reached an agreement with China’s Blockchain-based Services Network (BSN) that BSN will adopt Casper Network’s Open Permitted Blockchain Adaptation Program (OPB) to serve as the preferred blockchain for the city of Fuzhou. CasperLabs is building the OPB protocol and will be the service provider for BSN.
Terraform Labs, the company behind the Terra blockchain (LUNA), has announced the creation of the Luna Foundation Guard (LFG), a non-profit organization formed to encourage the growth of the Terra ecosystem. LFG’s initial target areas include raising awareness of blockchain technology, building educational programs, awarding grants for product development, and providing transparency to the online community about ongoing activities and projects.
KuCoin’s annual report shows that the price of their native KCS token is up 3,100% year-on-year and the average daily trading volume on their platform is up 1,100%. Additionally, the exchange reached $1 million in cumulative trading volume, with KuCoin futures market share increasing from 0.9% to 3%.
Virtual Non-Fungible Token (NFT) gallery startup Cyberhas unveiled new features that allow users to connect with each other via a portal with “doors,” each leading to a gallery owned by a managed by another user. The company has also raised $6.7 million from investors like Variant and TCG.
Kim Miloseevich, former vice president of communications at cryptocurrency exchange Coinbase, is returning to Andreessen Horowitz (a16z) as chief crypto marketing officer. She will work with General Partner Chris Dixon and the team to “build the future of Web 3.”
Open Network (TON), a project by Russian social media giant Telegram, has confirmed what was reported by Cryptonews.com yesterday that former CEO of social network VK Andrew Rogozov will join as a founding member of their group. The project was reportedly abandoned, but the municipality picked up the pieces and began rebuilding.
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