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Report: A16z to Raise $4.5 Billion for Crypto Investments
21.1.2022
A16z, a leading VC company in crypto, is reportedly ramping up its investments in the field this year. The company is said to be looking for $4.5 billion to invest in different cryptocurrency-related funds. This amount more than doubles the entire amount the company invested in crypto last year....
Tom Brady’s Autograph NFT Agency Gets $170 Million in Series B Funding Round
21.1.2022
Autograph, the NFT agency co-founded by famous NFL player Tom Brady, has raised $170 million in its series B funding round. The company revealed that the funding round was led by Andreessen Horowitz and Kleiner Perkins, with the participation of other notable companies in the field. The funds...
Pokémon Go Trading Halted After Player Gets Extremely Lucky
20.1.2022
Niantic, makers of Pokémon Go, recently disabled trading in its popular augmented-reality game after the discovery of a bug that gave one player a bunch of “lucky” Pokémon via trade (h/t Nintendo Life).Read more
Crypto.com Reveals 483 Accounts Compromised in Recent Hack — $34 Million in Bitcoin, Ether Stolen
20.1.2022
Crypto.com has revealed that 483 user accounts were compromised in the recent hack that resulted in unauthorized withdrawals of about $34 million in cryptocurrencies, including bitcoin and ether. Nonetheless, the company stressed that customer funds were never at risk. Crypto.com’s Hack...
Mastercard and Coinbase Partner to Make NFTs More Accessible to Everyone
20.1.2022
Payments giant Mastercard has partnered with cryptocurrency exchange Coinbase to make non-fungible tokens (NFTs) more accessible to everyone. Mastercards can be used to make purchases on Coinbase’s upcoming NFT marketplace. Mastercard Partners With Coinbase Payments giant Mastercard...
Bitmex Acquiring German Bank to Create ‘Regulated Crypto Powerhouse’ in Europe
19.1.2022
Crypto exchange Bitmex is acquiring a German bank to create “a regulated crypto powerhouse.” The company plans to establish “a one-stop shop for regulated crypto products in Germany, Austria, and Switzerland.” Bitmex Plans to Become a Regulated Crypto Powerhouse...
Gold Miner Says Investors Prefer Hedging Against Inflation With Gold, Not Crypto
19.1.2022
The CEO of a Canada-headquartered gold mining company, Mark Bristow, has insisted that gold currently has little downside risk. He also highlighted the precious nature of the metal and how it is a better alternative store of value than cryptocurrencies. Better Inflation Hedge Mark Bristow, the...
Bitcoin Mining Company GRIID to Be First Recipient of Intel's "Bonanza Mine" Chips
19.1.2022
GRIID, an American infrastructure company that owns and operates a number of Bitcoin (BTC) mining facilities, has inked a partnership with major multinational corporation and technology company Intel to become the first recipient of its upcoming "Bonanza Mine" chips....
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Binance to Launch New Cryptocurrency Exchange in Thailand After Thai SEC Filed Criminal Complaint
19.1.2022
Crypto exchange Binance is launching a new exchange in Thailand after the country’s Securities and Exchange Commission (SEC) filed a complaint against the company for operating without a license. Binance has now signed an agreement with Gulf Energy Development, a Thai public company,...
Mr. Wonderful plans to invest in mining company stocks
18.1.2022
Entrepreneur Kevin O’Leary expressed his interest in purchasing stocks of mining companies that use sustainable energy
Most Defi Hacks in 2021 Had to Do With Centralization Issues, According to Certik
17.1.2022
Certik, a blockchain security and auditing firm, has reported that the most common attack vector for hacks in decentralized finance (defi) protocols had to do with centralization in 2021. This data is present in Certik’s latest report, where the company also examines the growth of defi...
Robinhood on Listing More Cryptocurrencies: ‘It’s Important That We Get a Bit More Clarity From Regulators’
17.1.2022
Robinhood’s chief financial officer has revealed the popular trading platform’s crypto priority and the potential of listing more cryptocurrencies. “We’re a highly regulated company in a highly regulated industry, and we think it’s important that we get a bit more...
Jack Dorsey’s Payments Company Is ‘Officially Building an Open Bitcoin Mining System’
16.1.2022
In mid-October 2021, Twitter founder Jack Dorsey revealed the payments firm Block Inc. (formally Square) was considering joining the bitcoin mining industry. Three months later, Dorsey tweeted that his firm was “officially building an open bitcoin mining system.” The Block’s...
Foam Shoe Giant Crocs Files NFT and Digital Collectibles Trademark Application
16.1.2022
According to a recent trademark application, Crocs, the American shoe company based in Colorado may be delving into the world of non-fungible tokens (NFTs). Since 2004, Crocs has sold 300 million pairs of foam clog shoes and the application describes a protocol that can manage and store digital...
Tesla Begins Accepting Dogecoin Payments — Some Merchandise Can Only Be Purchased With DOGE
14.1.2022
Tesla now accepts dogecoin for some merchandise on its website. CEO Elon Musk delivered on the promise he made in December that his electric car company will accept DOGE. Meanwhile, Tesla still has not resumed accepting bitcoin. Dogecoin Now Accepted for Select Tesla Merchandise Elon Musk’s...
Revolut Launches Banking Services in Spain Featuring Deposit Insurance
14.1.2022
Revolut, a leading fintech platform and neobank, has received a special banking license to operate in Spain. User deposits are now insured up to €100K, with the coverage being provided by Deposit and Investment Insurance, a Lithuanian state company. The company, which now has over 800,000...
Russia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition
14.1.2022
The Russian neobank Tinkoff is joining the world of cryptocurrencies with the purchase of a stake in Aximetria, a Swiss-registered and licensed company which provides clients around the world with services and solutions for digital financial assets. Tinkoff Bank Buys Stake in Aximetria TCS Group...
GAIMIN Brings Blockchain and NFTs to Minecraft
13.1.2022
PRESS RELEASE. Zug, Switzerland, 13th January 2022: As part of its strategic business objective to become the leading gaming technology company, GAIMIN announces a plug-in and metaverse environment that enables blockchain technology and NFTs to be used within Minecraft. GAIMIN has developed...
Bitcoin Mining Firm Luxor Launches ASIC Trading Desk
13.1.2022
On January 11, 2022, the Washington-based bitcoin mining operation Luxor announced the launch of a new application-specific integrated circuit (ASIC) trading desk. According to the company, Luxor’s new trading desk will give miners and investors access to bitcoin ASIC mining rigs “at...
German Online Bank N26 to Launch Cryptocurrency Trading Business This Year
13.1.2022
N26, a German online neobank, has announced it will get into the cryptocurrency trading business this year. The announcement was made by Max Tayenthal, co-founder and a CEO of the company, who pondered whether focusing on cryptocurrency instead of going global may have been a better idea....