Enjin wants to decentralize its metaverse with new $100M fund
4.11.2021
The Efinity Metaverse Fund will focus on seed equity investments for projects building Efinity
SQUID Token Rising Again Despite Earlier Collapse, Binance Investigation
4.11.2021
The price of squid game (SQUID), a token widely suspected of being a rug pull or a form of exit scam, is once again on the rise, with triple-digit percentage returns seen in the past 24 hours.
Based on an alleged play-to-earn game with the same name as a popular series on Netflix, the SQUID token...
NFTs and play-to-earn are future of gaming industry, says EA boss
4.11.2021
Major video game publisher Electronic Arts sees NFTs and blockchain-based games as the future of the industry
NFT-Backed Lending Market Rises, USD 1.4M Borrowed With an NFT as Collateral
4.11.2021
Non-fungible tokens (NFTs) are increasingly being used as collateral against loans. Recently, the possibly largest ever such loan was issued for USD 1.4m using the crypto lending platform NFTfi, with the Autoglyph 488 NFT as collateral.
Autoglyphs are an “on-chain” generative art collection made...
Iran Blockchain Association head calls for special council on crypto laws
4.11.2021
The Blockchain Association is offering to assist with crypto regulations in the Islamic state
African Fintech Giant Raises $150 Million in Funding Round Led by FTX, Firm Now Valued at Over $2 Billion
4.11.2021
Chipper Cash, one of Africa’s biggest fintechs, recently concluded a Series C extension funding round in which it raised $150 million, a report by Techcrunch has revealed. New Investors Participate in Latest Round According to the report, this latest funding round — which was led...
Bitcoin and Ethereum Dip, Scared SHIB - Worst Performer Among Top 100
4.11.2021
Bitcoin price started a downside correction below USD 63,500. BTC declined below USD 62,500 and USD 62,000. It is currently (11:58 UTC) showing bearish signs and it might drop below USD 61,200.
Besides, most major altcoins are struggling to gain pace. ETH is correcting lower below USD 4,550....
Apple App Store removes crypto wallet TokenPocket after PayPal complaint
4.11.2021
PayPal’s lawyers informed TokenPocket about the dispute over the company’s trademark earlier this year
Binance to spend $115M in France to develop European crypto ecosystem
4.11.2021
Binance CEO Changpeng Zhao announced the launch of the $115 million crypto and blockchain initiative during a conference in France
Man ‘Tried to Set Himself on Fire’ at S Korean Crypto Exchange Upbit Customer Center
4.11.2021
A man who police claim was ready to set himself on fire at the South Korean crypto exchange giant Upbit’s flagship customer service center has been taken into custody and charged with attempted arson.
Per iNews24, as well as SBS and the Hankyoreh, at 4:20 PM local time on November 4, police...
Crypto and Stock Market Link in Question After Fed Signals Tapering
4.11.2021
Despite the US Federal Reserve (Fed) saying yesterday that it is committed to maintaining its “accommodative stance of monetary policy,” major cryptoassets dipped immediately following the news. Meanwhile, this dip stood in contrast to the stock market, which surged higher as the Fed’s statement...
The Sandbox Scores $93 Million Investment Led by Softbank as Metaverse Tokens Thrive
4.11.2021
The Sandbox, a blockchain-based metaverse game, has scored an investment of $93 million to keep expanding its metaverse proposal. The funding round was led by Softbank’s Vision Fund 2, an investment vehicle that puts funds on early tech-based companies. Other investors in the round included...