We at Evercode Lab love our industry and the promising developments in the web 3.0 domain. That is why it is a source of enormous pleasure for us to track fresh news related to cryptocurrencies, tokens, NFTs, etc. Prices might fluctuate, but digital assets remain an extremely lucrative direction!

24.01

Robinhood proved itself extremely useful in terms of granting access to the stock market to individual investors. With this service in action, the market has become much more egalitarian and democratic. Hasn’t the right moment arrived for the crypto industry?

Well, it might have arrived indeed. Finally, Robinhood has made its crypto wallet available. While the current version is still a beta one, it is going to be used by 1,000 users. This March it is expected to be opened to many more users!

Great news! 

25.01

NFTs seem to be the best possible channel for celebrities and influencers to capitalize on their popularity. Here is a recent example!

Yuqing Irene Zhao, a social media star based in Singapore, launched her NFT project a couple of weeks ago.

What was it about? Basically, it is based on her Telegram sticker pack, i.e. a collection of images of her.

What is the market cap of the project now? Don’t get too surprised, it has just reached a trading volume of 2,300 ETH!  

26.01

There is no shortage of opinions and speakers proclaiming a new crypto winter. We cannot know the truth, but we all can see that the prices have plummeted indeed. What should investors do if they want to survive this bear market without abandoning crypto?

Fortune proposes crypto staking, defined as ‘locking away your crypto coins on a blockchain for a minimum amount of time to create passive income,’ as a possible option.

27.01

Everybody loves Rio! Even those who have never been there! Now there is one more reason for that! Coindesk reports that one of the key local officials confirms an ambitious plan. It turns out that Rio may invest 1% of its reserves in digital assets.

Rio is a large city! Thus, it must be an impressive percentage!

What is the rationale behind that decision? The case is that the authorities are determined to transform Rio into a truly ‘global crypto hub and lessen locals’ distrust towards cryptocurrencies!’

We at Evercode Lab can only wish them the best of luck!

28.01

Another piece of promising news. As ‘American Banker’ finds, on the basis of its recent survey, 44% of financial executives involved – representing both global and local entities – are planning ‘to offer cryptocurrency services to retail clients by the end’ of 2022.