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Blockchain.com's USD 270M Exposure to Three Arrows Capital + More News
8.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Blockchain.com's USD 270M Exposure to Three Arrows Capital + More News
Crypto Exchange Blockchain.com Faces $270M Hit on Loans to Three Arrows Capital
8.7.2022
Cryptocurrency exchange Blockchain.com stands to lose $270 million from lending to Three Arrows Capital, the over-leveraged hedge fund that is now the subject of a liquidation order in the British Virgin Islands
Former Tiktok Gaming Boss Launches Metao, a ‘Blockchain Agnostic’ Gaming Company
8.7.2022
Jason Fung, former head of gaming at Tiktok, the video-based social media, is launching a blockchain-based gaming startup. The company, called Metao, will focus on providing “blockchain-agnostic” solutions that will allow Web3 game creators to expand their reach and not be limited...
Colombia Issues Guide for Implementing Blockchain for Public Projects in the Country
8.7.2022
The Ministry of Information Technologies and Communications of Colombia, Mintic, has issued a guide that describes the steps to implement blockchain in projects directed at the state level. The document defines blockchain and its basic elements, and also describes the guidelines that some projects...
Reddit announces new blockchain-backed ‘Collectible Avatars’
8.7.2022
The company said that the project is set to utilize the Polygon (MATIC) blockchain for decentralized trading and third-party sales
VC firm Konvoy launches new $150M fund, eyes blockchain-based games
8.7.2022
Gaming venture capital firm Konvoy launches new $150 million fund, with a portion set to be invested in cryptocurrency and blockchain-based games
Reddit Avatars Get The NFT Treatment In Cursed Limited-Edition Campaign
8.7.2022
Reddit just announced and opened a “Collectible Avatar” storefront. In this hub you can buy artists’ renditions of the social site’s congenial alien mascot Snoo, except they’re all NFTs. Hold for applause or for a little vomit to come out of your mouth.Read more
Discussion Platform Reddit Introduces Blockchain-Backed Collectible Avatars to 52 Million Users
7.7.2022
The social media and discussion website Reddit has announced the launch of blockchain-backed collectible avatars. The collectible avatars are stored via the Polygon blockchain as the chain was chosen for its “low-cost transactions and sustainability commitments.” Reddit’s...
How will NFTs bridge traditional gaming with blockchain? Enjin's CTO Witek Radomski explains
7.7.2022
"There's also a hugely untapped mountain of gold in gameplay possibilities with NFTs," says Radomski
Another miner cashes in: Argo Blockchain reports selling 637 BTC to pay debts
7.7.2022
Argo reported it had an outstanding balance of $22 million on a loan from Galaxy Digital, from which it secured BTC-backed loan agreements in 2021
Value Locked in Defi Swells by $7 Billion, Tron’s TVL Spikes 34.85%, Ethereum Dominates by 62%
7.7.2022
After tapping a 2022 low of $70 billion on June 19, the total value locked (TVL) in decentralized finance (defi) has increased by more than $7 billion. During the last seven days, the TVL in defi held within the Ethereum blockchain has increased by 4.47% as Ethereum’s TVL commands 62.92%...
P2E gaming is in a rut, but Axie Infinity (AXS) could rebound for 3 key reasons
7.7.2022
AXS could recapture its former glory if market participants view the launch of land staking, increasing activity on the Ronin bridge and upcoming roadmap targets as bullish catalysts
What is SolScan and how to use it?
7.7.2022
A well-liked substitute for the official Solana explorer is called Solscan. You may use it to look up particular wallet addresses and transactions using SolScan's search bar
Reddit Launches NFT Avatar Marketplace, New Gaming Investments + More News
7.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Reddit Launches NFT Avatar Marketplace, New Gaming Investments + More News
Playing it louder: Companies bring music licensing to the blockchain
7.7.2022
From creating a music library for film and television to licensing blockchain-native content, projects are bringing music to the blockchain
Wanchain Expands Decentralized Crosschain Infrastructure with OKC
7.7.2022
Most blockchains in use today run independently, making them fenced gardens in that only the participants in one blockchain can see the activities that take place there. The characteristic of sovereign blockchains and the reality that each one maintains a separate consensus algorithm and ledger...
British investment managers call for the blockchain-traded funds' approval
7.7.2022
The Investment Association believes the new technology will bring significant cost savings for end investors
Ultra-Lean Blockchain Minima Now Running On 120,000 Nodes Worldwide
7.7.2022
With more than 120,000 nodes up and running, the Minima blockchain is proudly claiming that it is one of the most decentralized networks ever created. Minima achieved the landmark milestone last week, saying its blockchain is now distributed across various smartphones and “internet of things”...
Argo Blockchain Hires Derivatives Trader to Navigate Market Rout, Sells BTC to Reduce Loan
7.7.2022
The crypto miner recorded gains in production in June, but higher electricity costs and falling bitcoin prices narrowed its margins
Health2Earn is Already Here: HealthBlocks dApp Rewards You with Tokens
7.7.2022
With a massive amount of “X-to-earn” projects appearing in the blockchain space every day, there are many unique possibilities to earn with crypto. Since the inception of earning through PoW (Proof of Work) mining, countless ideas have entered the market. Specifically, over the past year, we have...