MaiCoin Group – the parent company of Taiwan’s largest crypto platform – is reportedly considering becoming a publicly-traded firm within the next two years. Ambitions for Nasdaq According to a recent coverage by Bloomberg, MaiCoin will soon complete a Series C funding round, after which the exchange’s valuation could reach approximately $400 million. The trading...Read More
Lava Labs has announced raising $10 million in the latest series A funding round. Its valuation has now topped a whopping $100 million. The London-based blockchain gaming startup plans to infuse the capital into developing its new multiplayer Web3 game – AFAR. Lava Labs’ official release revealed that the funding was led by Swiss venture capital...Read More
Russia’s central bank granted the country’s largest lender Sberbank a license to issue and exchange digital assets. The latest move opens new avenues for the nation’s economy hammered by western sanctions. The Approval According to the official statement, local companies will be able to issue their own digital assets to lure market investments, purchase digital...Read More
The world of cryptocurrencies has been witnessing its digital assets striding to the limelight. As folks from the business pin hawkish sight on prominent crypto assets. One amongst the many, is Terra, which has been in the talks of the business, of late. This time around, investors holding onto LUNA fear the possibility of an...Read More
The price of AAVE – the token behind the popular DeFi lending protocol – has seen a major price pump in the past few days after the launch of Aave V3. Whales have contributed to these gains, accumulating over 70,000 AAVE in the last 2 months. The upgrade – reported by CryptoPotato on Wednesday –...Read More
[PRESS RELEASE – Dubai, Dubai, 17th March 2022] Itheum is pleased to announce an investment from Elrond, Mechanism Capital, and other crucial investors in the crypto and blockchain space. The funding extends the earlier $1.5 million round funded by Morningstar Ventures which incubated Itheum via their Elrond Dubai Incubator. Itheum continues to turn heads in...Read More
The world’s largest cryptocurrency exchange – Binance – has reportedly forbidden users in Ontario, Canada, to open new accounts on the platform. The tension between the company and the local financial regulator peaked last summer when the former quit the region. Restrictions for Ontario Clients In June 2021, Binance announced its decision to withdraw from...Read More
[PRESS RELEASE – Please Read Disclaimer] Singapore, March 17, 2022 – Startup Trailblazer Games has closed an $8.2M seed round led by Makers Fund, including Play Ventures, Fabric Ventures, and a roster of prominent industry leaders in gaming and blockchain. Trailblazer is leading the evolution of games built natively for blockchain, by putting fun at...Read More
The crypto sphere has been welcoming and generous to a myriad of newcomers to its directory. The residents of the crypto town are now finding no bounds of joy, as the latest entrant exhibits 4-digit gains. The latest entrant, ApeCoin from the house of prominent NFT player BAYC is now the talk of the town. ...Read More
Ethereum scaling solution, Optimism has raised $150 million in Series B funding, co-led by Andreessen Horowitz and Paradigm. In the latest blog post, the blockchain startup revealed that it is currently valued at $1.65 billion. The fresh round of funding will be directed towards expanding its team. Optimism’s Solving Ethereum’s Scalability Woes Ethereum has established...Read More
The Australian Competition and Consumer Commission (ACCC) instituted Federal Court proceedings against Meta Platforms (formerly Facebook) for featuring misleading and deceptive cryptocurrency advertisements. The watchdog informed that one of the victims lost nearly $500,000 due to the fraud. The ACCC vs. Meta The Australian regulator vowed to sue Meta for promoting fraudulent investment and money-making...Read More
With the anticipation skyrocketing around BAYC’s launch of a new token, an unknown user gamed the system and received more than 60,000 APE tokens. After paying off the flash loan and the fees, they netted $820,000 (almost 300 ETH). CryptoPotato reported yesterday the frenzy around the new ApeCoin that led to a pump and dump...Read More
Three Coinbase users are attempting to sue the company over 79 crypto tokens listed on the platform. They may be considered securities, and therefore, the sales could be deemed unlawful according to the suit. The trio, Christopher Underwood, Louis Oberlander, and Henry Rodriguez, filed the class action last week with the district court in the...Read More
Despite recent huge events in the crypto industry, Bitcoin is experiencing a period of exceptional price stability. In that time, there have been a few minor ups and downs, triggered by big global events such as Russia’s invasion of Ukraine, but no long-term trend has emerged. Advertisement The broader cryptocurrency market has mostly followed bitcoin’s...Read More
