The Major Soccer League participant Nashville SC partnered with the digital asset investment manager Valkyrie Investments. The latter vowed to pay its sponsorship fee entirely in bitcoin. The First MSL Team to Accept BTC Sponsorship Payment One of the leading American soccer teams – Nashville SC – dived in the world of crypto by signing...Read More
LimeWire was one of the many P2P filesharing companies that had earlier pushed illegal downloading of music onto the masses before shutting its operations in 2011 following lengthy court battles. But the now-defunct site is set to make a comeback this year as a music-focused NFT marketplace. LimeWire’s Comeback The new owners of the defunct...Read More
The altcoins were displaying notable strength after a slight variation with the Bitcoin price earlier. With gaining momentum, the altcoins mainly Ethereum displayed a notable tendency to breach through $3000 levels. However, quickly the bear capitulated the space and dragged the price below $2500. No doubt the asset is undergoing a notable flip, yet the...Read More
Slate Street – a bank holding company headquartered in Boston – has partnered with crypto infrastructure provider “Copper” to launch institutional-grade digital asset custody for its clients. Upon regulatory approval, the firm will offer custody services for some of the most “active” cryptocurrencies including Bitcoin, Ethereum, Cardano, Solana, and Polkadot. “The firm will leverage its...Read More
The European Union made it clear that cryptocurrencies, which fall into the category “transferable assets,” are included in the financial sanctions imposed on Russia for its invasion of Ukraine. Additionally, the EU implemented similar penalties on Belarus for assisting the Russian war-like regime. The Bloc Extends Its Sanctions Similar to the USA, the European Union...Read More
Terra Luna has been performing exceptionally well today, rising from a low of $84 and peaking at $104. Is this the beginning of a bull market for Terra? Let’s look at what Terra Luna is precisely and why the price is rising so much? What Is Terra Luna? The Terra protocol is a leading open-source,...Read More
[PR – Miami, Florida, United States, 9th March, 2022, Chainwire] ReserveBlock Foundation RBX Network (reserveblock.io), the first open-source decentralized NFT Centric Blockchain will soon be opening up its blockchain for the Miami community to develop Miami-centric NFTs. RBX is offering the City of Miami and its residents a pathway to utility through NFTs on the...Read More
[PR – Dubai, UAE, 9th March 2022] Elrond, the company developing internet-scale blockchain technology to onboard the next billion people into Web3 and the Metaverse, has announced its strategic support for Web3 data brokerage platform Itheum, which will debut on Elrond’s strategic launch platform, the Maiar Launchpad. Itheum is on a mission to shift the...Read More
Earlier today, the leader of Dubai signed the “virtual assets law”, creating an independent authority for oversight of the cryptocurrency sector. The law is said to establish the United Arab Emirates (UAE)’s regulatory position in the industry. According to his announcement, the authority will “organize the issuance and trading” of virtual assets and virtual tokens,...Read More
Funding ongoing developments in Web3, gaming, and fintech creates a competitive edge for industry participants. Advertisement For example, cake DeFi, the well-respected one-stop shop for decentralized finance, set up a $100 million fund to support startups worldwide. It marks a crucial milestone for the industry and confirms the need to build products, services, and infrastructure. ...Read More
Global investment manager, VanEck has launched Digital Assets Mining ETF under the ticker signal “DAM.” The latest exchange-traded fund is tailored to provide investors exposure to firms involved in the digital assets mining ecosystem. Digital Assets Mining ETF (DAM) According to the official document, DAM will invest at least 80% of its total assets in...Read More
The long-awaited executive order on cryptocurrencies from the White House is finally out. It details how the industry can reinforce the US, as well as its citizens, the need for risk mitigation, as well as outlining a few critical points for regulators to work on. President Biden’s Executive Order on Cryptocurrencies This has long been...Read More
The Singapore-based financial technology company – Cake DeFi – introduced its corporate venture arm, called Cake DeFi Ventures. With $100 million in earmarked capital, the feature will enable the firm to interact with Web3, gaming, and fintech startups. In addition, Cake DeFi partnered with The Edge of Company to hop on the NFT bandwagon. The...Read More
The third-largest Bitcoin whale, whom CryptoPotato has been tracking for quite some time, has added another $28 million worth of BTC in the past couple of days. The third-largest Bitcoin whale remains an unknown entity that hasn’t been identified. Although some speculate that it might be a cold wallet for an exchange, its activity doesn’t support this...Read More
Bitcoin’s price soared in today’s Europe early morning trading session. The cryptocurrency jumped past $41K on a leaked press release containing information on President Biden’s expected administrative order on crypto. BNN Bloomberg reported earlier today that there’s been a press release leaked on The Treasury Department’s website. The statement has since been removed, and a spokesperson...Read More
We are proud to announce that we have joined the VerifyVASP Alliance. VerifyVASP provides best-in-class travel rule solutions for virtual asset service providers (VASPs) to facilitate their compliance with the travel rule requirements. What This Means for BitMEX Importantly, as a member of the VerifyVASP Alliance, we will be able to continue to send and...Read More
The world’s wealthiest Ethereum (ETH) whales are presently stocking enormous quantities of one stablecoin and two other altcoins, according to blockchain tracker WhaleStats. More USD Coins (USDC), Circle’s dollar-pegged stablecoin, are now held by the top 500 Ethereum addresses than any other asset. USDC is worth $1.64 billion to the whales, accounting for 13.38 percent...Read More
