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Starbucks Leverages Polygon for Web3 Push, Coffeehouse Chain to Issue NFT Stamps
12.9.2022
On September 12, the multinational chain of coffeehouses, Starbucks, announced the firm has partnered with the blockchain project Polygon and unveiled the company’s Web3 technology called Starbucks Odyssey. The Web3 platform Starbucks Odyssey will provide Starbucks rewards members and...
Devere CEO Explains Why He Is Buying the Bitcoin Dip
11.9.2022
The CEO of Devere Group, a financial advisory and asset management firm, has shared multiple reasons why he is buying the bitcoin dip. “Despite the recent turbulence, I believe that the trajectory of bitcoin and other major cryptos is upwards,” he said. Nigel Green Explains Why He...
Blockchain Gaming Publisher and Web3 Firm Animoca Brands Secures $110 Million
10.9.2022
Blockchain gaming publisher Animoca Brands announced the company has raised $110 million in a funding round led by Temasek, Boyu Capital, and GGV Capital. The company raised the funds by issuing convertible notes to a handful of institutional investors. Animoca Brands Raises $110 Million From...
Payments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre
10.9.2022
California-based online payments company Bolt is pulling out of an agreement to buy crypto provider Wyre. The news of the scrapped deal, which was agreed to earlier this year, comes amid plunging valuations in the crypto and fintech sectors. Bolt Gives Up Plan for $1.5 Billion Wyre Acquisition Bolt...
500,000 DAI From DAO Maker Exploit Was Sent Through Tornado Cash, Security Analysts Report
9.9.2022
On September 8, the crypto security and smart contract auditing firm Certik revealed that 500,000 DAI was sent through the Tornado Cash mixing platform after the funds were stolen in August 2021. The digital assets originally stemmed from the DAO Maker breach that saw the loss of more than...
Crypto-Focused Venture Firm Bloccelerate Is Raising $100M for Second Fund
9.9.2022
The fund has already raised $20 million, topping Bloccelerate's $12 million inaugural fund
US Seizes Cryptocurrency Worth $30 Million From North Korean Hackers
9.9.2022
Blockchain data analytics firm Chainalysis has revealed that U.S. authorities have seized cryptocurrency worth $30 million from North Korean hackers. “This marks the first time ever that cryptocurrency stolen by a North Korean hacking group has been seized, and we’re confident...
What do players really want from new games, anyhow?
8.9.2022
We don't know, but Google paid a research firm to ask folks
Firm Behind Ethereum Name Service and Virgil Griffith Sue GoDaddy Over Sale of Eth.link
8.9.2022
The Web3 domain name service alleges that GoDaddy falsely announced to eth.link had expired, and then allowed it to be sold to a third party before a set date
Venture Capital Firm MetaWeb Raises $30M for Early Stage Crypto Startups
8.9.2022
MetaWeb Ventures, a venture capital firm focused on early-stage investments in crypto startups, has raised $30 million for its first fund
Ethereum Merge May Not Be Immediately Deflationary, Crypto Trading Firm QCP Says
8.9.2022
The Merge is likely to cause a drastic reduction in ether's supply, making it a deflationary asset. However, the low network usage may delay the expected bullish effect
Bitcoin Mining Firm Cleanspark Purchases 10,000 Bitmain Miners for $28 Million
7.9.2022
The bitcoin mining company Cleanspark revealed on Wednesday that the company has signed a purchase agreement for 10,000 new Bitmain Antminer S19j Pro mining rigs for $28 million. Cleanspark expects the machines to be delivered to the company’s facilities by the end of October or early...
Crypto Investment-Product Firm 21Shares' Parent Raises $25M, Pushing Valuation to $2B
6.9.2022
Newly launched 21.co is the parent company of ETP issuer 21Shares and technology platform Onyx
Crypto investment product firm 21.co raises $25M to reach $2B valuation
6.9.2022
Founded during the major market slump of 2018, 21Shares holds its vision that solid crypto products only grow stronger during crypto winters
Crypto investment product firm 21.co raises $25M to reach $2B valuation
6.9.2022
Founded during the major market slump of 2018, 21Shares holds its vision that solid crypto products only grow stronger during crypto winters
Crypto Custody Firm Copper Appoints Tim Neill as Chief Risk Officer
5.9.2022
Neill, who has 20 years of experience in operations and risk management, previously worked at Mastercard
Deloitte: Nearly 50% of CFOs Surveyed Expect Recession to Hit US Economy This Year
4.9.2022
Financial services firm Deloitte has conducted a survey of chief financial officers (CFOs) and found that nearly 50% of respondents expect the U.S. economy to be in recession this year. Furthermore, 39% expect the North American economy to be in a period of stagflation by year-end. CFOs...
FIFA to Launch NFT Platform for Soccer Fans
4.9.2022
The international soccer governing body, FIFA, has announced the upcoming launch of an NFT platform for fans of the sport across the globe. FIFA+ Collect will offer digital collectibles perpetuating the greatest game moments of FIFA’s world cups, the organization promised. FIFA Develops...
Poloniex, Bittrex Want Kyle Roche’s Law Firm Removed From Class-Action Against the Exchanges
3.9.2022
Following the controversy surrounding Kyle Roche, the attorney and founding partner of the litigation firm Roche Freedman LLP, the two crypto exchange firms Bittrex and Poloniex want the law firm removed from the class-action lawsuit against them. Similar to the attorney representing Tether,...
Tether Asks Court to Remove Crypto Boutique Law Firm Roche Freedman From Class-Action Lawsuit
2.9.2022
Kyle Roche, an attorney and founding partner of the crypto boutique litigation firm Roche Freedman LLP, recently withdrew from a number of class-action lawsuits initiated by the law firm. The attorney’s withdrawal follows videos that circulated showing the lawyer discussing associations with...