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FTX Raises $420 Million in Series B-1 — Crypto Exchange Commands $25 Billion Valuation
22.10.2021
The digital currency exchange FTX Trading Limited announced the firm has raised more than $420 million in a Series B-1 fundraise. The capital raise follows the crypto exchange’s financing round at the end of July when FTX raised $900 million. After the raise was announced on October 21,...
Big NFT Project Cancelled After Just Five Hours
22.10.2021
Yesterday a group of respected young adult novelists thought it would be a good idea to launch a new project spearheaded by NFT purchases. Sadly/hilariously, their big plans went from “let’s do this” to “we’re not doing this” in a matter of hours.Read more
After Backlash, Mass Effect 3 Devs Say Team Crunched To Deliver New Ending
21.10.2021
Almost a decade ago the internet blew up over Mass Effect 3’s controversial ending, resulting in death threats and online harassment of BioWare developers and helping to set a new, terrible tone for the video game fan/developer relationship in the years since. It also reportedly resulted in more...
Bitcoin bulls set to net an $830M profit after Friday's BTC options expiry
21.10.2021
Bitcoin's surge to $67,000 has given bulls an advantage in Friday's $1.8 billion BTC options expiry
Ethereum Jumps 21% Higher This Week, Second Largest Crypto Market Nears All-Time High
21.10.2021
After bitcoin reached its all-time high (ATH) on Wednesday, the second-largest crypto asset in terms of market capitalization, ethereum, is nearing its own ATH. The last time the crypto asset hit an ATH was five months ago on May 12. Ethereum Climbs 46% in 30 Days, Commands Half Trillion Market...
Sources Say Valkyrie Bitcoin Strategy ETF Set to Launch on Nasdaq This Week
21.10.2021
After the Proshares Bitcoin Strategy exchange-traded fund (ETF) listed and smashed records in the first two days of trading, Vaneck’s bitcoin futures ETF was given the green light to start trading next week. Furthermore, sources say that the Valkyrie Bitcoin Strategy ETF is set to launch...
Bitcoin gains $2K in hours after BTC price bounces near previous all-time high
21.10.2021
Weak stocks and fresh worries over Evergrande fail to keep Bitcoin down for long as $67,000 all-time highs reappear on the horizon
Blockchain Game Developer Animoca Brands Raises $65 Million – Ubisoft, Sequoia China Participate in Funding
21.10.2021
On Wednesday, the global developer utilizing popular brands, gamification, A.I., blockchain, non-fungible tokens (NFTs), and mobile technology, Animoca Brands announced the company has closed a capital raise for $65 million. Animoca Brands now has an overall valuation of $2.2 billion after raising...
Mt. Gox Bitcoin Payouts On Horizon After Creditors Approve Plan
21.10.2021
The light finally appears to be at the end of the tunnel for the Mt. Gox creditors, who have approved a plan that will let them choose to receive some of the coins they have been waiting years for.
In a translated letter, Nobuaki Kobayashi, the Japanese lawyer and trustee for the now-defunct...
WoW Character Renamed After 2007 'C**ks*cker' Video Resurfaces
21.10.2021
A World of Warcraft character named Gorge the Corpsegrinder, named after Corpsegrinder frontman George ‘Corpsegrinder’ Fisher, has had its name changed as Blizzard continues combing through the archives and finding references in the game that, in 2021, maybe aren’t as cool as they used to be.Read...
Vaneck Bitcoin Futures ETF Gets Green Light from SEC — Fund to Join Proshares BTC ETF Listing on NYSE
20.10.2021
The wealth manager Vaneck will be launching its bitcoin futures exchange-traded fund (ETF) in the United States following the Proshares ETF listing that launched on Tuesday. According to the post-effective filing with the U.S. Securities and Exchange Commission (SEC), the Vaneck bitcoin futures...
Bitcoin briefly flippens Swiss franc after rally to new ATH
20.10.2021
The crypto asset's market capitalization overtook the Russian ruble in February after a major announcement from car manufacturer Tesla
Bitcoin Smashes Through All-Time High Surpassing $66,000 per Unit
20.10.2021
The spot price of bitcoin smashed through the leading crypto asset’s all-time high (ATH) surpassing $66,000 per unit after the first bitcoin exchange-traded fund (ETF) was launched in the United States. The last time bitcoin touched an ATH six months ago on April 14, 2021, the price tapped...
Polkadot and Ethereum 2.0 — A Look at the Solutions Building the Scalability of Tomorrow
20.10.2021
Both Ethereum 2.0 and Polkadot are promising sharding-based protocols overcoming the scalability challenges facing legacy blockchains. Although slightly different, together, the Relay Chain and Beacon Chain represent another significant leap forward, especially for interoperability. Partitioning...
NY Attorney General Targets 5 Crypto Companies: 2 Lending Platforms Ordered to Shut Down
19.10.2021
New York Attorney General Letitia James has ordered two cryptocurrency lending platforms to shut down and requested three other platforms to answer questions regarding their activities immediately. The letters to the companies published on the attorney general’s website indicate that the...
Animal Crossing Fans Are Playing Again After Months Of Hopelessness
19.10.2021
It’s been a hot minute since Animal Crossing: New Horizons received an update, with the last one, the Super Mario 35th Anniversary Event, launching way back in March 2021. But that’s about to change now that Nintendo’s announced the Happy Home Paradise DLC dropping on November 5. This paid DLC...
Bulls target $100 Filecoin (FIL) after data points to improving fundamentals
18.10.2021
FIL might be more than 70% away from its all-time high, but derivatives data shows traders are steadily building leveraged positions
A Slew of Defi Tokens Outperform Bitcoin’s Weekly Gains, Defi TVL and NFT Sales Spike
18.10.2021
October has been a strong month for cryptocurrencies like bitcoin but a number of decentralized finance (defi) tokens have seen higher double-digit gains this past week. Moreover, non-fungible token (NFT) sales have picked up and after the total-value locked (TVL) in defi crossed $200 billion...
After Iconic Sega Arcade Closes, A New One Will Open Soon Nearby
18.10.2021
Last month, hundreds of fans gathered in Tokyo’s Ikebukuro to say goodbye to an iconic arcade. After 28 years, Sega Ikekuburo Gigo called it a day. But this month, a new Sega arcade will open right across the way. Read more
‘Big Short’ Investor Michael Burry Not Shorting Bitcoin, Warns ‘Cryptocurrencies Are in a Bubble’
18.10.2021
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has confirmed that he has not been shorting cryptocurrencies, including bitcoin, despite speculations that he may have. His confirmation came after he recently asked how to short crypto. Michael Burry Says He Is...