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KuCoin to launch DeFi products in 2022 with fresh $150M raise
10.5.2022
The global crypto exchange KuCoin expects to launch decentralized wallet products later in Q2 2022, also planning to roll out its NFT marketplace Windwave in the near future
New Nintendo Numbers: If Mario Kart 8 Keeps Selling Like This, We’re Never Getting A Sequel
10.5.2022
If you were holding your breath for news of Mario Kart 9, you might as well exhale. The racer’s immediate predecessor, Mario Kart 8 Deluxe, is still one of publisher Nintendo’s best-selling games on Switch. It has sold a hair short of 10 million copies over the past year, according to an earnings...
UST Rebounds From $0.66 per Coin to $0.93, Crypto Community Assesses Stablecoin’s Damaged Reputation
10.5.2022
On Monday, May 9, 2022, the stablecoin terrausd (UST) lost its parity with the U.S. dollar and dropped to an all-time low of $0.66 per unit. The stablecoin has been one of the most topical discussions in crypto during the past 24 hours, as many have been betting on whether it will fail or recover....
Cipher Mining Raises 2022 Hashrate Forecast by 0.5 EH/s
10.5.2022
The firm attributed the increased hashrate guidance to improved machine allocation from rigmaker MicroBT
Michael Saylor Suggests MicroStrategy Will Never Sell Its Bitcoin
10.5.2022
Founder and CEO of business-intelligence software company MicroStrategy (MSTR) Michael Saylor has suggested there is no need for the firm to sell the large quantity of bitcoin it has accumulated
SPiCE VC Launches $250M Blockchain Fund Targeting Institutional Investors
10.5.2022
The firm previously raised $50 million for a tokenized fund focused on financial verticals, but its second fund will invest more broadly
UK Promises New Laws to Promote, Seize Crypto
10.5.2022
Prince Charles promised legislation on economic crime and financial services as he formally opened a new session of parliament
Dapper Labs Debuts $725M Ecosystem Fund for Flow Blockchain Development
10.5.2022
A16z, Coatue and Union Square Ventures are all committing money
Boba Network to Offer Lower Gas Fees on Ethereum via BOBA Token
10.5.2022
The network has implemented single-token gas payments on its blockchain, allowing users to pay 25% lesser in gas fees if they use BOBA instead of ether
NASA Partners With Epic Games to Create a Martian Metaverse Simulation
10.5.2022
NASA, the U.S. space agency, has partnered with Epic Games, the company behind Fortnite, to build a challenge for developers to help create a Martian metaverse experience. The challenge will include various tasks, including designing several key environments for Martian astronauts, which will...
Bitcoin Self-Custody Company Casa Raises $21M
10.5.2022
The news of the fundraise coincides with the launch of Casa API
The FCA Is Holding Its First CryptoSprint: Here’s What the Digital Asset Community Wants From It
10.5.2022
The FCA is holding a two day CryptoSprint where it will hear the crypto community's ideas on how it should regulate the sector
HUMAN Protocol Foundation Awards Grant to VeritaTrust to Build on-Chain Rewards for Reviews
10.5.2022
PRESS RELEASE. Georgetown, Cayman Islands, May 10, 2022 – Today, HUMAN Protocol has announced that it has awarded a grant to VeritaTrust to power on-chain reviews. Following the announcement of HUMAN Protocol’s $10 Million funds dedicated to grants, this work with VeritaTrust...
The Big Question of 2022? Where Is Crypto Headed?
10.5.2022
Are you a cryptocurrency enthusiast wondering how the rest of the year will play out? If so, you are not alone. Many worldwide own, invest in, trade, and use cryptos and have a vested interest in what the near-term future will look like. The Recent Past Just think through a few of the recent past...
Report: Nigerian Crypto Restrictions and Twitter Ban Have ‘Crippled Foreign Direct Investment in the Fintech Industry’
10.5.2022
A new report has concluded that restrictions on cryptocurrency trading, as well as the banning of Twitter by Nigerian authorities, may have “crippled foreign direct investment in the fintech industry.” Foreign Direct Investment ‘Crippled’ A new report has found that...
Crypto Trading Firm Talos Raises $105M from Citi, Wells Fargo, Among Others
10.5.2022
Crypto trading engineering firm Talos has raised $105 million in Series B funding led by U.S. financial services giants Citi, Wells Fargo and BNY Mellon among the new investors
KuCoin Raises $150M Round Led by Jump Crypto at $10B Valuation
10.5.2022
KuCoin would use the capital to expand its product lineup, such as crypto wallets, and DeFi and NFT platforms
Susquehanna Leads $10M Funding in Metaverse Platform StarryNift
10.5.2022
The pre-A round funding includes Binance Labs, Alameda and other crypto-centric investment teams as backers
Chilean Digital Peso Would Need to Work Offline, Central Bank Governor Says
10.5.2022
Design principles are due out later this week, though no final decision has been taken on the digital peso
Qualcomm CEO States Metaverse Will Be a ‘Very Big’ Opportunity
10.5.2022
Qualcomm, one of the largest fabless mobile chip makers, is very optimistic about the future of the metaverse and what it might bring for companies and consumers in the area. Qualcomm CEO Cristiano Amon believes that, while there is much to do in the development space, this development is real...