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Metaverse Avatar Creator Ready Player Me Raises $56M in Series B led by a16z
23.8.2022
Ready Player Me, an Estonian company that creates avatars in the Metaverse, has raised $56 million in a Series B funding round led by Andreessen Horowitz's crypto and gaming funds
Citigroup Digital-Assets Driver Itay Tuchman to Depart: Report
23.8.2022
Citi's head of foreign exchange, Itay Tuchman, who was central to the bank's exploration of digital assets in recent years, is to depart, Reuters reported Monday citing an internal memo
Andreessen Horowitz Says Crypto Can Shift Power Away From Big Internet Companies: Report
23.8.2022
The high-profile venture capitalist group has said that Web3 and cryptocurrencies can disrupt the concentration of internet power gathered by big tech companies
Turkish Delight or Slight: Decoding Eurasia’s Largest Blockchain Event
23.8.2022
Blockchain Economy Istanbul, held July 27-28 and billed as Eurasia’s largest blockchain conference saw close to 3,000 people attending to listen to 50 speakers but did the pre-event hype match the on-ground atmosphere?
Bank Run at NFT Lender BendDAO Prompts Attempt to Avert Another Liquidity Crisis
22.8.2022
Ex-OpenSea Executive Files to Dismiss DOJ Case Alleging NFT Insider Trading
22.8.2022
The motion argues the NFT sales in question cannot be classified as instances of inside trading because NFTs are neither securities, nor commodities
Telegram Founder Teases Marketplace for Address Auctions
22.8.2022
Since founder Pavel Durov teased the feature Monday afternoon, the price of TON, the native token behind The Open Network, increased 15%
Crypto.com moves forward with multimillion-dollar renovation of Staples Center following staff cuts
22.8.2022
"Brave of them... maybe fortune favor them," said one Redditor in response to an artist's rendering of the renovations
FTX Posted $1 Billion in Revenue Last Year Amid Crypto Rally: Report
22.8.2022
Revenues soared 1,000% from just $89 million in 2020, according to internal documents seen by CNBC
FTX Could Buy BlockFi for Only $15M – or a Lot More If Crypto Lender Hits Big Goals
22.8.2022
FTX’s option to acquire BlockFi includes performance targets around a key SEC approval and more than doubling client assets that boost the purchase price to $240 million, people familiar with the matter told CoinDesk
CryptoPunks Briefly Flip Bored Apes as NFT Prices Continue to Crater
22.8.2022
The original PFP NFT collection briefly reclaimed the top spot from Bored Apes in a sign of the softening market
Bitcoin Website Editor Hodlonaut Receives Almost $1M in BTC as Craig Wright Case Looms
22.8.2022
A prominent member of the Bitcoin community, Hodlnaut, has received a 47 bitcoin donation ahead of a defamation court hearing involving Craig Wright
Celsius Depositors Fracture Again on Legal Strategy as 'Withhold' Group Lawyers Up
22.8.2022
A subset of Celsius Network depositors are trying to get their marooned funds returned
Wall Street's DTCC Launches Private Blockchain Platform to Settle Trades
22.8.2022
New York-based post-trade financial services company, The Depository Trust & Clearing Corporation (DTCC), has released a private blockchain project aimed at providing a secure settlement service to clients
Seven S. Korean Brokerages Plan to Start Crypto Exchanges Next Year: Report
22.8.2022
Authorities in the country have been trending towards stricter oversight since the TerraUSD collapse
Can Ethereum Fight Back Against the US’ Sweeping Censorship Attempt?
21.8.2022
In a world where Ethereum users don’t want to be censored, the idea of a user activated soft fork offers one way to push back
Leading Japanese Online Broker SBI to Pull Out of Russia’s Crypto Mining Sector
21.8.2022
SBI Holdings, the largest online brokerage in Japan, is shutting down its crypto mining business in the Russian Federation. Amid mounting uncertainty over the future of such investments due to the ongoing conflict in Ukraine, as well as decreased mining profits, the financial firm said it plans...
Korean Regulator Takes Action Against 16 Foreign Crypto Exchanges
20.8.2022
The South Korean financial intelligence unit is taking action against 16 foreign cryptocurrency exchanges for operating illegally in the country. “For illegal business activities of unregistered entities, maximum of 5 years of imprisonment or up to KRW 50 million of fines can...
Many Bored Ape NFTs Are in Danger of Getting Liquidated as Borrowed Money Comes Back to Bite
19.8.2022
The NFT lending platform BendDAO has collateralized almost 3% of the entire Bored Ape collection, and many NFTs have recently entered the “danger zone” of liquidation
Bankrupt Crypto Lender Celsius Now Says It Likely Has Enough Cash to Last Through End of Year
19.8.2022
The company’s CFO testified the company will receive additional funds in maturing loans and sales and use tax savings in a bankruptcy hearing with creditors