The Avalanche ecosystem is getting yet another injection of liquidity with the launch of Blizzard, an AVAX-focused venture capital and incubation fund. Blizzard is kicking off with an initial seed investment of…
Maand: november 2021
Huobi Launches Its NFT Marketplace Trial
Blockchain firm and crypto exchange Huobi Group is staking its claim in the metaverse with the trial of its non-fungible token (NFT) marketplace, allowing users to buy and sell NFT artwork, collectibles…
Sfermion Raises $100M NFT Fund as Facebook Stokes Metaverse Mania
Sfermion, an investment firm led by crypto podcaster and analyst Andrew Steinwold, says it has raised $100 million for a new fund focused on non-fungible tokens (NFTs), with contributions from Marc Andreessen,…
November Is Crypto Literacy Month
Crypto is on the rise. Crypto knowledge, however, is stuck on the runway: It turns out that 96% of U.S. adults can’t pass a test on crypto basics. That’s according to the…
Digital Currency Group Achieves $10B Valuation in $700M Secondary Sale
CORRECTION (Nov. 1, 13:05 UTC): Corrects that transaction was a secondary sale of DCG shares, did not raise new funds. Digital Currency Group (DCG), the crypto investment company whose holdings include asset…
Fortress Technologies Buys 4,500 Bitcoin Mining Machines From Bitmain
Bitcoin mining company Fortress Technologies has ordered 4,500 Bitmain Antminer S19j Pro machines as it seeks to capture a greater share of mining revenue. The purchase will more than triple Fortress’ hashrate…
$139M BXH Exchange Hack Was the Result of Leaked Admin Key
A hack on Boy X Highspeed (BXH), a decentralized cross-chain exchange, that drained $139 million of funds was probably the result of a leaked administrator key, and possibly an inside job, CEO…
Burger King to Give Crypto Rewards With Robinhood
Fast-food chain Burger King plans to give away crypto as prizes to its customers in partnership with brokerage platform Robinhood. Starting Monday for three weeks, members of Burger King’s Royal Perks loyalty…
South African Pension Funds to Be Banned From Crypto Investment, Draft Rules Indicate
South African pension funds are to be banned from investing in cryptocurrencies under new draft rules. “A fund may not invest in crypto-assets directly or indirectly,” the proposed rule change states in…
Bitcoin Eyes Fed Meeting After Biggest Monthly Price Gain Since December 2020
Bitcoin’s October rally appears to have put the cryptocurrency on a firm footing ahead of central bank meetings in the U.S., U.K., and Australia to assess the stickiness of inflation and determine…
‘Uptober’ closes at record high in best month of 2021 — 5 things to watch in Bitcoin this week
October 2021, with 40% gains, becomes the best for Bitcoin price action since December 2020, even beating the Q1 run. Source: Cointelegraph.com Original Post: ‘Uptober’ closes at record high in best…
Ant Group, Tencent, JD.com Sign NFT ‘Self-Regulation’ Convention
Major Chinese tech giants Ant Group, Tencent, and JD.com signed a “self-regulation” convention on non-fungible tokens (NFTs) with state organizations on Sunday, according to an Ant Group WeChat post and Chinese media….
Bitmain Appoints New Legal Representative and General Manager
Crypto mining rig maker Bitmain appointed Zhou Feng as its legal representative and general manager, the company said in a WeChat post. Zhou was a key deputy to Bitmain co-founder Zhan during…
Investors rug-pulled after pouring $57M into dog-themed OlympusDAO fork
Hong Kong police have reportedly been notified of the incident, with the primary suspect having filed a police report and handed a computer over to authorities. Source: Cointelegraph.com Original Post: Investors…
Industrial Bitcoin mining breathes new life into tiny Texan town
Major Bitcoin miners have set up shop in a former aluminium smelting plant in the small Texan town of Rockdale. Source: Cointelegraph.com Original Post: Industrial Bitcoin mining breathes new life into…