Japanese gaming developer and publishing company, Bandai Namco, announced setting up a fund of 1 billion yen (or $7.9 million approx.) in 1 year and 3 billion yen ($23.8 million approx.) in 3 years to invest in upcoming gaming companies related to Web 3 and metaverse. Bandai Namco Entertainment 021 Fund According to the report,...Read More
Binance, the biggest crypto exchange by trading volume, announced plans to expand its investments and operations into France’s STATION F, the largest startup campus in the world. Changpeng Zhao (CZ), founder and CEO of Binance, described the new space as the creative and innovative launchpad of his company’s footprints in Europe. The ‘Objective Moon’ initiative...Read More
The digital asset platform, which offers crypto-backed loans – Nexo – partnered with Mastercard and DiPocket to launch the first cryptocurrency card in Europe that enables customers to spend without selling their holdings. By collaborating with the payment providers, Nexo granted its users access to over 92 million merchant sites worldwide. Enter Nexo Card According...Read More
Israeli crypto custodian Fireblocks has partnered with FIS – the largest processing and payments company in the world – to bring crypto adoption to capital markets. FIS clients can now access a full suite of crypto investment solutions including trading, storage, and Defi. Bringing Crypto to Institutions According to a press release from the company,...Read More
Indria Kempis – Mexican senator for the State of Nuevo León – has introduced a bill to formalize the inclusion of virtual assets as a form of currency that may circulate in Mexico. However, it proposes that only the central bank can issue a digital currency, without any mention of Bitcoin. What Happened to the...Read More
Polygon Network recently announced intentions to offset its carbon footprint this year. The blockchain project revealed that it had pledged $20 million toward its plans of becoming carbon neutral and climate effective. As per the announcement, Polygon noted that it aims to implement a multilayered strategy targeted at creating a sustainable future for its ecosystem,...Read More
Metaverse coins are showing bullish momentum today as several projects are seeing double-digit price gains of up to 25%. Let’s look at the top three Metaverse coins gaining the most price today, ordered by 24-hour growth, lowest to highest, and see why the price is rising. 3. ApeCoin (APE) +7.13% Launching on March 17th, 2022,...Read More
According to research conducted by KuCoin, the growing number of Nigerians investing in crypto is propelled by the lack of proper fiat-based opportunities. The study revealed that over 30 million of Nigeria’s population had traded digital assets in the past six months. The Reasons Behind the Adoption KuCoin’s latest “Into the Cryptoverse Report” found out...Read More
The XRP price in recent times has bottomed hard since the February trade as the stocks and the cryptocurrency market fell to their knees. The asset is now trading below 23% of its monthly highs and below 47% from the 2021 highs. Moreover, the global crypto market cap has also depleted by 0.21%, standing at...Read More
Tether Operations Limited, the operator of Tether.io, has announced the launch of USDT on Polkadot’s canary network – Kusama. The company said the move will enable developers to compose trustless applications across chains, communities, and networks. Tether on Kusama According to the press release shared with CryptoPotato, USDT will be deemed with the asset ID...Read More
One of the most successful NBA teams – The Golden State Warriors – became the first basketball club to introduce a non-fungible token collection for its fans by partnering with the crypto exchange FTX. The Warriors Dive Deeper Into the NFT Universe The Golden State Warrior – an NBA team based in San Francisco that...Read More
ConsenSys-owned institution-compliant extension, MetaMask Institutional (MMI), has announced forming strategic partnerships with self-custody solutions Gnosis Safe and GK8, as well as custodians – Hex Trust and Parfin. The end goal is to expand the organizational reach and streamline the DAO experience. With the latest integration, MetaMask is now embracing the requirements of DAOs looking for...Read More
Acala, the Ethereum-compatible DeFi protocol has announced teaming up with Anchor to boost the decentralized stablecoin space of Terra and Polkadot ecosystems. Following Wormhole integration plans, the two parties are all set to bring increased liquidity and yield opportunities for aUSD and UST by serving as gateways into the decentralized finance ecosystems of Polkadot and...Read More
Former Facebook product manager Frances Haugen rattled cages at the firm last year when she exposed thousands of documents accusing the social media platform of spreading misinformation. The files revealed sensitive content that ranged from human trafficking to harmful nationalist groups to Covid-19 vaccine misinformation. At the time, she said Facebook “prioritizes profit over the...Read More
Today the cryptocurrency market is flashing a mixed signal of red and green where most of the cryptocurrencies are trading in green. The world’s largest cryptocurrency by market cap, Bitcoin has gained a $40,000 level along with Ethereum trading back to the $3,000 level, leading the altcoins rally. MATIC Price To See 20% Rally Yesterday,...Read More
MATIC (ERC-20) has arrived at the BitMEX platform. The launch of MATIC support means that users can now buy, convert, deposit, and withdraw Polygon’s native token on BitMEX. In addition to MATIC, we will be supporting a growing range of tokens in the lead up to BitMEX Spot – so stay tuned. Here’s what you’ll...Read More
Today, we’re announcing that BitMEX Lite, our new mobile app for crypto – is now available for download from the App Store and Google Play. It’s been created to make buying, converting, withdrawing, depositing, and earning interest on crypto a whole lot easier and more accessible.With a new look, feel, and enhanced functionality, our new...Read More
On April 12, 2022; Virgil Griffith, a former developer at the Ethereum Foundation, was sentenced to more than 5 years in prison on the charge of conspiracy, after traveling to Pyongyang in 2019, in violation of the international sanctions framed under The International Emergency Economic Powers Act imposed by the government of the United States...Read More