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Sequoia Capital Creating $500 Million Crypto Fund for Token Investment
18.2.2022
Last October, Sequoia Capital announced intentions to deconstruct the traditional venture capital model by forming a single fund to handle all of its U.S. and European assets (including publicly-traded shares). Now it’s setting out its next steps, including a $600 million fund focused...
Universal Music Group Partners With Curio — Entertainment Giant Plans to Use NFT Platform for Labels, Recording Artists
18.2.2022
The multinational music corporation  Universal Music Group (UMG) announced the company has partnered with the non-fungible token (NFT) platform Curio on Thursday. UMG says Curio will be a “dedicated global outlet for future officially licensed NFT projects” for...
Sequoia Capital Designates $500-600 Million to Crypto Fund Focused on Liquid Digital Assets
18.2.2022
On February 17, the venture capital firm Sequoia Capital announced the launch of a new $500 million to $600 million sub-fund dedicated to “liquid tokens and digital assets.” The company noted during its announcement that the new fund highlights Sequoia’s strategic...
Platinum Games On NFTs: "No Positive Impact" And "Zero Interest"
17.2.2022
These days, it seems like so many game companies are interested in NFTs. So while Konami is rushing into the NFT space, don’t expect Platinum Games to follow suit.Read more
Fake alert! New projects pose as prominent brands to lure crypto investors
17.2.2022
Projects trying to mimic popular brands like Tesla, Jurassic Park, Meta and Animoca Brands are trying to lure people to buy their crypto tokens
NFT Sales Nosedive This Week as Volume Drops Close to 30%
16.2.2022
According to current metrics, non-fungible token (NFT) sales have dropped 29.35% since last week. While Ethereum and Solana are the two blockchains with the most NFT sales volume, both blockchain networks have seen NFT sales nosedive anywhere between 27% to 32% over the last seven days. Weekly...
Bybit Enters USD 150M Deal with Red Bull F1 Team; Plans Fan Token, NFT Collaboration
16.2.2022
Bybit, one of the top 10 crypto exchanges by spot volume, has entered into a major sponsorship agreement with the Formula One team Oracle Red Bull Racing, with the exchange now taking on a new role of the “Issuance Partner” for fan tokens and non-fungible tokens (NFTs) for the racing team.
With...
Magic: The Gathering-Loving Crypto Losers Fail To Understand Copyright Law
16.2.2022
Stop me if you’ve heard this one before.Read more
Cere Network and Polygon Launch ‘NFT Content Monetization’ Platform Davinci
15.2.2022
On February 14, Cere Network and Polygon launched a non-fungible token (NFT) marketplace and Web3 platform called Davinci, a project that aims to bolster the security behind NFT data. The platform is described as an “all-in-one Web3 media platform” that leverages Cere’s...
UK Seizes First NFTs in $2 Million Fraud Crackdown — Arrests 3 People
15.2.2022
The U.K.’s. HM Revenue & Customs (HMRC) has made its first non-fungible token (NFT) seizure. British authorities also seized some crypto and arrested three people in a fraud case involving 250 allegedly fake companies. “Our first seizure of a non-fungible token serves as...
Chingari integrates native token to advance Web3 social networking
15.2.2022
The 100 million-user Indian social network successful deployed a beta testnet of the $GARI token to 500 dedicated community members in December 2021 in preparation for this week's mainnet release
Super Bowl Crypto Ads, Which One Was the Most Interesting?
14.2.2022
The 2022 Super Bowl was inundated with crypto ads as four crypto trading platforms and one decentralized autonomous organization (DAO) aired ads promoting the nascent industry.
Reactions varied widely, but the majority in the crypto community seemed to be impressed with the ads by major crypto...
Top 5 cryptocurrencies to watch this week: BTC, XRP, CRO, FTT, THETA
13.2.2022
BTC’s price action is looking grim, but traders hope that a bounce off the $42,000 support will complete a bullish technical analysis pattern and trigger a rally in Bitcoin and altcoins
Bandana Wearing Cryptopunk NFT Smashes Records Selling for $23 Million in Ethereum
13.2.2022
The Cryptopunks non-fungible token (NFT) collection has seen a new record as the NFT Cryptopunk #5822 sold on Saturday for 8,000 ether or more than $23 million. The new owner of the NFT, Deepak Thapliyal, the CEO of a blockchain firm called Chain explained that he used leverage via Compound Finance...
Content Subscription Service Onlyfans Adds Ethereum-Based NFT Profile Feature
12.2.2022
The internet content subscription service Onlyfans has announced the launch of a feature that leverages non-fungible token (NFT) technology. The newly-added feature, introduced on Thursday, gives Onlyfans members the ability to display authenticated NFTs as their profile pictures. Onlyfans Steps...
Report: Ubisoft Employees Are Still Telling Their Bosses That NFTs Suck
11.2.2022
Ubisoft employees continue to push back on the company’s plans to utilize blockchain technology for, among other things, the distribution of NFTs (non-fungible tokens), according to a new Bloomberg report.Read more
Technical Analysis: IOTX Captures the Biggest Gains, as Crypto Markets Fall on Friday
11.2.2022
IOTX was Friday’s big gainer, as crypto markets were lower across the board to end the week. Overall, the global cryptocurrency market cap is down close to 4% in today’s session. Biggest gainers Following a strong start to the week, which saw the likes of shiba inu (SHIB), and...
Farmville Creator Zynga to Launch NFT Games, Says Gaming Firm’s Blockchain Lead
11.2.2022
American social game developer Zynga has plans to launch non-fungible token (NFT) games in the near future. Zynga’s vice president of blockchain, ​​Matt Wolf, told the press that the company is looking at the cycle right now and “figuring out where we want to jump...
Enjoy Trading BFG Token on Coinsbit
11.2.2022
What is BetFury? BetFury is a young yet ambitious project that has made a substantial breakthrough in the last two years in the i-Gaming space and has gained a tremendous reputation as one of the leading crypto casinos. It welcomes all crypto passionate players and enthusiasts from around...
McDonald’s Trademark Filings Hint at Fast Food Giant’s Intent to Produce Metaverse Restaurants
11.2.2022
Following a slew of well known brands filing trademarks for metaverse related products and virtual goods, the American fast food firm founded in 1940, McDonald’s, has filed for ten trademark applications that describe plans to offer virtual restaurants and other digital-based products....