Crypto Flipsider News — Crypto Apps Become More Popular, Cardano TVL Rises 6,000%, Cardano-Polkadot ETPs Launch, Ethereum $21 Million, Institutional Investment, BlockFi to Pay $100 Million
Read in the Digest:
Popularity of crypto-related apps skyrockets after the Super Bowl.
Cardano’s TVL gains 1,000%, Cardano ETP debuts on Frankfurt exchange, double hacker rewards for spotting vulnerabilities.
Ethereum receives $21 million from institutional investors to end 9-week outflows.
BlockFi to pay $100 million to the SEC for offering unregistered securities.
Popularity of Crypto-Related Apps Skyrockets After the Super Bowl
The Super Bowl undoubtedly ranks as one of the most watched sporting events globally, with over 96 million viewers worldwide tuning in for the big game. Taking advantage of the Super Bowl LVI frenzy, some of the biggest names in cryptocurrency booked ad slots to run during the commercial breaks.
The Los Angeles Rams were not the only winners of 2022’s edition as crypto-related apps recorded quantum-scale leaps in their popularity on app stores.
Crypto.com, which also released an advert, is now the 13th most popular app in the finance category. FTX similarly jumped to 31st in the finance categor, while eToro has also moved significantly up the rankings, placing as the 69th most popular app, just behind Binance.
The world’s largest crypto exchange, Binance, chose to take a different route, warning the crypto-curious to be wary when investing investing because because of celebrities.
Why You Should Care
Crypto brands took to the Super Bowl to advertise themselves on one of the world’s biggest stages in a bid to increase the popularity and adoption of crypto assets.
Cardano’s TVL Gains 1,000%, Cardano ETP Debuts on Frankfurt Exchange; Double Hacker Rewards for Spotting Vulnerabilities
Following the implementation of smart contracts to the Cardano ecosystem through the