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Airstack Raises Over $7M for AI-Backed Web3 Developer Platform
17.5.2023
The pre-seed funding extension was led by Superscrypt, and Polygon was a prior investor
StanChart-Backed Zodia and LMAX Digital to Provide CoinShares With Crypto Trading Infrastructure
17.5.2023
LMAX Digital and Zodia Custody are to provide institutional-grade trading infrastructure and custody to CoinShares
Crypto Startup Hourglass Starts Unique Marketplace to Trade Locked Up DeFi Assets
15.5.2023
The company raised $4.2 million in seed round, led by ElectricCapital
Zimbabwe sells millions of gold-backed crypto tokens despite IMF warning
15.5.2023
The Reserve Bank of Zimbabwe’s first gold-backed cryptocurrency sale has been a success
Jack Butcher Expands Checks NFTs Ecosystem With Physical Print-Backed 'Elements' Collection
15.5.2023
The artists' new NFT collection, featuring the signature Checks grid, explores the four classical elements of earth, fire, water and air
Paradigm-Backed NFT Ownership Platform Tessera is Shutting Down
12.5.2023
Co-founder Andy Chorlian tweeted that the decision was made after "carefully analyzing possible market scenarios, our company structure and our financial situation."
IMF Says Zimbabwe Gold-Backed Digital Currency a Potential Threat to Financial Stability
11.5.2023
The International Monetary Fund has urged Zimbabwean authorities to weigh the benefits versus risks of issuing a gold-backed digital currency. Instead of using gold-backed digital currency to limit the demand for the greenback, the global lender said monetary authorities should consider...
Fiat-backed stablecoins could be used to post bail in New York under proposed bill
11.5.2023
A New York lawmaker has introduced a new bill that proposes to allow certain stablecoins to be accepted as payment for bail
Tencent-backed Everledger collapses amid lack of funding: Report
8.5.2023
Everledger was quietly placed into insolvency after it didn't manage to materialize its planned funding round from an undisclosed investor
Texas House Advances Gold-Backed Digital Currency Bill
6.5.2023
Texas has taken its first steps in order to approve a bill that would issue a 100% gold-backed digital currency. If enacted as law, the bill, which is being discussed by a Texas House committee, would create an electronic system for users to transact and pay with this digital currency and would...
Cryptoys Unveils Star Wars Digital Toys in New Line of Collectibles
5.5.2023
The crypto platform Cryptoys, backed by Andreessen Horowitz, has announced the launch of Star Wars collectible digital toys featuring iconic characters Darth Vader, Luke Skywalker, and Princess Leia. Cryptoys stated on Thursday that 15 digital action figures will be available to collect in total...
Pump the BRCs: The Promise and Peril of Bitcoin-backed Tokens
5.5.2023
A new way of issuing tokens on Bitcoin is growing fast. So why did their creator warn that they “will be worthless”?
Zimbabwe sets price to sell gold-backed digital tokens
5.5.2023
Zimbabwe's central bank plans to sell gold-backed digital tokens at $10 for individuals and $5,000 for corporates
Zimbabwe Central Bank Wants Citizens to Subscribe to Its Gold-Backed Digital Currency
5.5.2023
The Reserve Bank of Zimbabwe has said the tokens will be issued by May 8
Coinbase to cease issuing new Bitcoin-backed loans via Borrow service
4.5.2023
The service allows users to borrow up to $1 million with no credit check, provided they post Bitcoin as collateral
Rainbow Six Kickstarter Asks For More Money From People Who Already Backed
4.5.2023
In 2021 Mythic Games, with the backing of Ubisoft, announced a Kickstarter campaign for an officially-licensed board game adaptation of Rainbow Six: Siege. Two years later, Mythic are asking people who already paid for the game to pay a bit—and in some cases a lot—more.Read more
Nigeria's SEC May Permit Asset-Backed Tokens, Crypto Trading Remains Off-Limits
2.5.2023
Despite banning crypto transactions in February 2021, Nigeria is now considering a new approach to digital asset trading by allowing asset-backed tokens.
According to a recent report by Bloomberg, the Nigerian SEC has opened up the application process for digital exchanges to test tokenized asset...
Jack Dorsey-Backed Bitcoin Legal Defense Fund Supports Open Source Developers in Lawsuit With Craig Wright
1.5.2023
Bitcoin Legal Defense Fund (BLDF) recently delivered on its promise to fund the legal costs of 11 Bitcoin developers that are the target of the self-proclaimed Bitcoin inventor Craig Wright’s lawsuit. According to Alex Morcos, the “mission [of BLDF] is to safeguard innovation...
Zimbabwe’s De-Dollarization: Central Bank to Issue Gold-Backed Digital Currency in Early May
30.4.2023
The Reserve Bank of Zimbabwe (RBZ) has said it will start issuing gold-backed digital tokens on May 8. The first phase of the launch will see the digital tokens being issued for “investment purposes with a vesting period of 180 days.” The RBZ also revealed that the gold-backed digital...
Web3 Entertainment Studio Toonstar to Release NFT-Backed TV Series ‘Space Junk’
25.4.2023
The animated show about trash collectors in space was written by “Workaholics” producer Dominic Russo and stars "Napoleon Dynamite" actor Jon Heder