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Animoca Brands raises $11.88 million for Mocaverse


Animoca Brands has announced that it has raised an additional $11.88 million in funding. The development comes days after Animoca Brands raised $20 million in September 2023. It aims to build a point system and digital identity for entertainment, culture, and Web3 gaming. Having said that, total...

UAE Bitcoin Miner Signs Order Worth Over $380 Million With Microbt


United Arab Emirates-based bitcoin miner Phoenix Group PLC has signed an order worth more than $380 million with Whatsminer mining rig maker Microbt. Bijan Alizadehfard described the collaboration with Microbt as a reflection of his company’s “strategic foresight.” Microbt to Integrate...

Chinese Cities Launch End-of-Year Digital Yuan Giveaways


Source: Putra/Adobe More Chinese cities will give away digital yuan tokens and discount vouchers this month, as the People’s Bank of China (PBoC) looks to spur CBDC adoption. The Hebei News Network reported that the PBoC’s Hebei branch and local government authorities in the province will give...

Over 1,000 Bitcoins from Satoshi Era Mined in 2010 Moved to Trading Desks


Source: Pixabay / Michael Wuensch Nearly 1000 Bitcoin (BTC) worth over $43 million were moved earlier this week after more than 13 years of dormancy, on-chain analysis shows. In a report shared on Wednesday, blockchain analytics platform CryptoQuant noted that a Bitcoin address received 999 BTC...

Versatus Labs Raises $2.3 Million To Launch Stateless Rollup


Versatus Labs raises $2.3 million in seed round funding, bringing its valuation to $50 million. The funding aims to develop the Verastus LASR, a Stateless Rollup.  Image: Versatus Labs In an announcement this Wednesday, Verastus Labs, a peer-to-peer web service protocol aiming to enhance...

Cathie Wood’s Ark Invest Continues to Dump Coinbase and GBTC Shares


Source: Ark Invest Cathie Wood’s Ark Invest continues its selling spree of shares of the largest US-based crypto exchange, Coinbase, amid the ongoing crypto rally. Ark Invest Daily reported that the fund management firm offloaded $24.2 million worth of Coinbase shares and $3.4 million worth...

Worldcoin Foundation Launches $5 Million Community Grants Program’ Wave0′


The iris-scanning project Worldcoin (WLD) has unveiled an initiative aimed at supporting innovators working on resilient technology and fostering more equitable systems. On December 6, the Worldcoin Foundation unveiled a community funding initiative called “Wave0,” allocating $5 million...

Bitcoin Miner DMG Acquires 4,550 T21 Antminers for $12.1 Million


DMG Blockchain Solutions, a bitcoin miner and cryptocurrency technology company, announced that the firm has purchased 4,550 T21 Antminer bitcoin miners from Bitmain Technologies. DMG detailed that it paid $12.1 million for the next-generation application-specific integrated circuit (ASIC) miners...

Traders Shift from Shiba Inu and Pepe to this P2E Memecoin – Find out Why


TLDR  NuggetRush stands out for its unique blend of meme and utility (P2E). It is tipped for a 70x upside by analysts. Its low token supply, 50 million, contributes to its appeal. The memecoin ecosystem isn’t short of promising tokens. Examples are Pepe (PEPE) and Shiba Inu (SHIB). However,...

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