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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...
Bitcoin retests support with trader forecasting $55K BTC price dip
4.11.2021
The odds are on for a fresh Bitcoin price dip, and Ethereum may join in, analysis warns
Avalanche Foundation Launches $200 Million Blizzard Fund to Entice Innovation on Its Chain
4.11.2021
Avalanche Foundation, the organization behind the Avalanche chain, has announced the launch of Blizzard, a fund that will entice development and innovation on the Avalanche ecosystem. The Fund, which has $200 million available for its task, is composed of contributions coming from Avalanche...
Total Value Locked in Defi Reaches $250 Billion — Uniswap, Quickswap, Trader Joe Dominate Dex Volumes
4.11.2021
During the second week of October, the total value locked (TVL) in decentralized finance (defi) protocols crossed $200 billion, and two weeks later in November, the TVL in defi surpassed $250 billion gaining 25% in value. Meanwhile, Ethereum commands more than 67% of the $253 billion TVL in defi...
LTNM and OSO ATMs Enters Into a 3 Year Partnership to Install LTNM ATMs in the US
4.11.2021
PRESS RELEASE. Palo Alto, CA – LTNM, the next generation, insured asset-backed cryptocurrency, is proud to announce an exclusive partnership with OSO ATMs, one of the biggest ATM providers, to help install 100,000 LTNM ATMs across all fifty states in the United States. Developed by Monsoon...
Iran Blockchain Association Offers Help With Crypto Regulations, Says Regulators Are Not Qualified
4.11.2021
The leading crypto industry association in Iran has slammed authorities for their passive stance regarding crypto regulation. The government’s inaction is a source of concern, the organization said, offering its assistance to regulators whom it considers not sufficiently qualified to deal...
Bitcoin and Ethereum Consolidate, SOL Tests USDT Positions, SHIB Slides
4.11.2021
Bitcoin price failed to gain momentum above USD 64,000 and corrected lower. BTC declined below USD 63,000 and is currently (04:46 UTC) consolidating near USD 62,700.
Besides, most major altcoins are showing mixed results. ETH traded to a new all-time high above USD 4,650 before it started...
Mobius Capital Founder Says Crypto Is Not an Investment but ‘a Means to Speculate and Have Fun’
4.11.2021
Mobius Capital Partners founder Mark Mobius says that cryptocurrency is not an investment, calling it “a means to speculate and have fun.” He prefers stocks and believes “the U.S. market is going to continue to prosper and continue to do well.” Mark Mobius Does Not...
Australia’s Commonwealth Bank Lets Customers Trade Crypto Directly Through Its App
4.11.2021
The Commonwealth Bank of Australia (CBA), the country’s biggest bank, is providing customers with the ability to buy, sell, and hold crypto assets directly through its app. The bank has partnered with crypto exchange Gemini and blockchain analytics firm Chainalysis to provide crypto...
Congressmen Emmer & Soto to SEC Chair Gensler: We want BTC Spot ETFs
3.11.2021
The bipartisan pair sent a letter to the securities regulator demanding spot ETF approval
Silk Road 2 Admin Forfeits $667,000 in Bitcoin to British Law Enforcement
3.11.2021
According to reports, the founder of the now-defunct Silk Road 2 marketplace has forfeited more than half-billion dollars worth of bitcoin to British authorities. White’s Silk Road 2 admin handle was called “Cthulhu,” and he also dubbed himself as “DPR2.” Silk...
ADALend Ignites the Defi Space
3.11.2021
ADALend is a scalable and decentralized lending protocol governed by a decentralized autonomous organization (DAO). ADALend will offer various features that will provide its users with decentralized financial instruments accessible to everyone with access to the internet, without the complicated...
$1.75 Trillion for Climate Change, Social Services — Biden’s ‘Build Back Better’ Plan Advances While Inflation Grips US
3.11.2021
This week, U.S. lawmakers are preparing to debate the advance of Joe Biden’s Build Back Better proposal, which is now estimated at $1.75 trillion. The new proposal follows the expansive monetary policy the Federal Reserve engaged in during the last two years expanding the money supply like...
Marathon Digital stock reaches 6-year high as company HODLs $460M Bitcoin
3.11.2021
The mining firm said it expects its fleet of 133,000 miners to produce a hash rate of roughly 13.3 EH/s by 2023
US Senator submits resolution too allow crypto payments in US Capitol Complex
3.11.2021
The proposal, called the ACCEPT Resolution, would apply to gift shops, vending machines and restaurants
Hong Kong regulator re-evaluates retail crypto ETFs laws
3.11.2021
The Securities and Futures Commission of Hong Kong has received many requests to approve Crypto ETFs for trading
Green Bay Packers Quarterback Aaron Rodgers Gets Paid in Bitcoin, Gives Away $1 Million in BTC
3.11.2021
Green Bay Packers quarterback Aaron Rodgers is taking a portion of his salary in bitcoin. He also gave away $1 million in the cryptocurrency to his fans in collaboration with Square’s Cash App. “I believe in bitcoin,” he said, adding that “the future is bright.”...
Here’s Why Bitcoin Miners Should Pay Attention to COP26
3.11.2021
The COP26 climate summit, currently being held in Scotland – albeit without key leaders from Russia and China in attendance – has thus far made no direct reference to bitcoin (BTC) or altcoins. But there may already be key takeaways from the decision already taken that could impact the industry...
Money managers with zero crypto exposure risk being left behind — Bloomberg strategist
3.11.2021
Crypto has grown to become a $2.7 trillion asset class, with Bitcoin, Ether and DeFi attracting more institutional interest
Coinbase Lets Customers Borrow up to $1 Million Using Bitcoin as Collateral
3.11.2021
The Nasdaq-listed crypto exchange Coinbase is now letting customers borrow up to $1 million using bitcoin as collateral. The company charges 8% APR but there is no credit check. The exchange said that the bitcoin used as collateral “remains safely held by Coinbase,” emphasizing...