KuCoin Makes a USD 100M Bet on Metaverse


The investment and research arm of KuCoin exchange, KuCoin Labs, has launched a USD 100m fund to support metaverse-related projects and promote the metaverse education programs, assisting the public - particularly the younger generation - get acquainted with this new concept. ... Read More: KuCoin...

Digital Ruble Should Not Boost Inflation, Bank of Russia Says


Bank of Russia is preparing for a prolonged trial of the digital version of the national fiat to ensure this is a “full-fledged ruble,” the head of the monetary authority has emphasized. The regulator has put forward some conditions for the implementation of the new currency project....

SAND Rallies as Sandbox Unveils its Upcoming Metaverse Event


The Sandbox gaming platform announced The Sandbox Alpha, an upcoming event that will allow players to explore the ecosystem's metaverse for the first time and earn rewards in the process. The news had pushed SAND, the native token of The Sandbox ecosystem, to its new all-time high of USD 3.63...

Valkyrie Will Launch On-Chain Defi Fund Next Week


Valkyrie Investments, one of the biggest cryptocurrency asset managers, has announced it will launch a so-called on-chain defi fund next week. This new fund would be substantially different than other, similar offerings, due to the location of the assets that will be available to earn yield...

CRO Rallies as Crypto.com Scores USD 700M Arena Deal


Crypto.com coin (CRO) has jumped nearly 10% in a day, following the news that the Singapore-headquartered crypto platform Crypto.com has signed a deal with sports and live entertainment group AEG to secure the naming rights for the famous Staples Center.  At 8:43 UTC, CRO was trading at USD 0.458...

‘Final and Binding’ Mt. Gox Resolution Agreed


The protracted struggle of the creditors waiting to get their hands on bitcoin (BTC) holdings left in limbo since the collapse of the crypto exchange Mt. Gox could finally come to an end – with a “final and binding” resolution now legally “confirmed” by the Japanese courts. ... Read More: ‘Final...

Seed Round Ends In Just 8 Hours for Cardano Escrow Protocol – ADEED


ADEED is a new project that has gained a lot of good feedback from the recent pitch deck that the company has presented to several venture capitalists, investors, and incubators. The company had recently announced the opening of its seed round, which entails 1,500,000 ADE (3% of Total Supply)....

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