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Aleo Raises $200M in Series B to Expand Blockchain Platform
8.2.2022
Aleo, a top platform for developing corporate blockchain-based apps, has raised $200 million in a Series B funding led by SoftBank Vision Fund 2 and Kora Management LP, with involvement from Slow Ventures, Tiger Global, Sea Capital, Andreessen Horowitz (a16z), Samsung Next, resulting in a $1.45...
Rubic Successfully Integrates the Aurora Network!
8.2.2022
Rubic has marked the official integration of the Aurora network into their Multi-Chain Protocol. Customers of the Binance Smart Chain, Moonriver, Ethereum, Polygon, Avalanche, Arbitrum networks, Fantom, Harmony, and Solana, will be able to quickly finish swaps with whatever token they want in...
Avalanche correction risk rises after AVAX price soars 80% from January lows
8.2.2022
Strong network growth underpins AVAX's recent price gains, but a multi-month technical pattern continues to pose downside risks for the Avalanche token
From Morgan Stanley to crypto world: in a conversation with Phemex founder
8.2.2022
Running a crypto business is no easy job. And running a crypto exchange might seem like an impossible job to do
Crypto Lobbying in the US Jumped 116% in 12 Months With $9.56 Million Spent in 2021
8.2.2022
Cryptocurrency and blockchain firms are concerned about the future legislation revolving around the cryptocurrency industry and money spent on lobbying cemented this fact. A recently published study indicates that money spent on crypto lobbying jumped 116% in 12 months with $9.56 million leveraged...
KPMG in Canada Makes First Direct Crypto Investment — Adds Bitcoin, Ether to Corporate Treasury
8.2.2022
KPMG in Canada has added bitcoin and ether to its corporate treasury in what the company called a “first-of-its-kind investment.” KPMG said: “This investment reflects our belief that institutional adoption of crypto assets and blockchain technology will continue to grow...
Polygon Raises $450 Million From Sequoia Capital India, Softbank, Shark Tank’s Kevin O’leary
7.2.2022
The blockchain project Polygon announced it has raised $450 million on Monday in a fundraising round led by Sequoia Capital India with participation from more than 40 venture capital firms. Polygon says that the money will allow the team to help scale Ethereum and bolster the mass adoption of Web3...
Privacy-focused applications platform Aleo raises $200M
7.2.2022
Aleo will use the funds to support developers in building applications within its private and scalable platform
Swiss BSV to establish blockchain academy in the Middle East
7.2.2022
The BSV association and SDA will collaborate through the new blockchain academy in Riyadh to provide blockchain learning and development resources
Nigerian Blockchain Advocacy Group Says ‘Crypto Is Legit’ — Calls for Regulation of Industry
7.2.2022
The Nigerian blockchain advocacy group, the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN), has said crypto is legit and must be regulated. The group adds that any such regulation should on one hand encourage innovation, but discourage bad actors on the other. Equal Access...
Manchester United Set to Showcase Tezos Blockchain Shirt Sponsorship
7.2.2022
Tezos is not unfamiliar with the sports industry as the blockchain has already established multiple deals with professional teams. Now, the network has taken the initiative to allegedly strike a deal with the renowned Manchester United. The deal will see Tezos becoming the official training...
Florida Home to Be Sold as an NFT, Decentralized Organization Seeks Bel Air Megamansion
7.2.2022
According to a California-based real estate technology company called Propy, a four-bedroom home in Gulfport, Florida, will be tokenized leveraging non-fungible token (NFT) technology and sold for $650K. In addition to the Gulfport home, another blockchain project has launched aiming to purchase...
Report: Chainalysis Detects ‘Significant’ Wash Trading Using NFTs
7.2.2022
Chainalysis, one of the leading blockchain and cryptocurrency auditing firms, has issued a report indicating signs of significant wash trading activity involving NFTs. In these operations, some actors effectively sell their assets to themselves, with the intention of increasing the floor price...
US Senator Ted Cruz Bought the Bitcoin Dip, Discloses BTC Purchase Worth up to $50K
7.2.2022
U.S. Senator Ted Cruz has declared his bitcoin purchase worth up to $50,000. “I’m also particularly proud that my home state, Texas, is becoming an oasis for the blockchain community, for bitcoin miners, for innovators and entrepreneurs in the crypto world,” said the senator....
Google Exploring Blockchain Products — CEO Shares Web3 Strategies
7.2.2022
Google has shared some details of its web3 and blockchain strategies. “As a company, we are looking at how we might contribute to the ecosystem and add value,” said Sundar Pichai, the CEO of Google and its parent company, Alphabet Inc. Google’s Web3 and Blockchain Strategies...
NFTs Are 'A Scam', Says Indie Marketplace Itch.io
7.2.2022
While some publishers like Ubisoft push right ahead with NFTs, regardless of how their own workers feel about it, and others like EA are prepared to half-ass their way through the fad, one video game marketplace has come out and issued one of the most welcome statements I’m yet to see from within...
What is Harmony (ONE) blockchain and why it is getting so much traction?
7.2.2022
Harmony (ONE) is a new blockchain network that is gaining traction as more developers and crypto investors become aware of its features
England’s Manchester United Set to Unveil Tezos Blockchain Shirt Sponsorship, Report
6.2.2022
Tezos blockchain has reportedly agreed to a training kit sponsorship with Manchester United in a deal that will see the latter receive over $27 million per year. This deal adds to Tezos’ growing list of sports teams it has sponsored since May 2021. Tezos’ Investment in Sports The most...
Crypto rug pulls: What is a rug pull in crypto and 6 ways to spot it
6.2.2022
Rug pulls are crypto scams that occur when developers of a new cryptocurrency pump a token's value and vanish with the funds as the coin’s value collapses
Technical Analysis: Gala Jumps 37% Higher, as Crypto Bulls Return
5.2.2022
During the weekend, when bitcoin rose to a two-week high, it was Gala that stole the show after climbing 37%. Bulls returned to action on Saturday, as the global crypto market capitalization was around 8% higher. Biggest gainers Following a huge week of news in the gaming and crypto space, it...