Binance Labs, the venture capital and innovation incubator of Binance, is pleased to announce its most recent investment in Mythical Games, an organization that has seen dramatic growth and success in 2021 by bringing play-to-earn concepts and playable NFTs to the mainstream. Mythical represents a significant step forward in gaming technology, creating a universal gaming …
Continue reading “Binance Labs Participates in the Series C Funding of Mythical Games”
November 4, 2021 – Sheridan, Wyoming Creaton paves the way for forging a direct connection between creators and their fans. Through this project and its use of non-fungible tokens, an artist can create an unstoppable income through a subscription-based model. The web 3.0 membership platform changes the way people think about content monetization and getting …
Continue reading “Creaton Aims To Become the Decentralized Alternative to Patreon and OnlyFans”
Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. For many years, Ethereum and XRP held the second and third-ranking spots in the crypto market. Read on to discover how wXRP will integrate into Ethereum to expand its utility to smart contracts. What you’re about to read is the smaller version of this newsletter. …
Price action in the crypto market has not been for the faint of heart over the past 48 hours and it’s clear that volatility following Bitcoin (BTC) and Ether’s (ETH) breakouts brought new all-time highs. While the top two cryptocurrencies fight to hold key support levels, the altcoin market has seen a handful of tokens …
Continue reading “Altcoins surge even as Bitcoin and Ethereum price fall toward key support levels”
United Kingdom-based crypto mining company Argo Blockchain’s plans to build an 800-megawatt data center in West Texas could cost anywhere from $1.5 billion to $2 billion. According to a Friday regulatory filing from Argo, the $2 billion cost estimate for the Helios mining facility built on a 320-acre land plot in Texas was based on …
Continue reading “Argo Blockchain’s Texas mining facility could cost up to $2B”
Lawyers for major fast food chain Jack in the Box have filed a lawsuit against crypto exchange FTX US for copyright and trademark infringement of its “Jack” mascot. According to federal court documents filed in the Southern District of California on Wednesday, Jack in the Box’s legal team is requesting a jury trial, claiming FTX US’ …
October marked a very busy but prosperous month for the digital gold as Bitcoin recorded a new ATH in daily transfer volumes. This is a direct reflection of the degree of activity the network experiences and an obvious indication of the network’s growing value. Bitcoin moved $15 billion per day in October Per Glassnode’s analysis …
Continue reading “Bitcoin transfer volumes hit record $15 billion per day in October”
Right after the 2018 crypto market plunge, there was great doubt whether crypto was even a valid concept. Three Belgians set out to tackle what they believed to be the greatest hurdle for crypto adoption: security. Today, after years of research and development as well as raising $450,000 in the most successful crypto wallet pre-order …
Continue reading “Belgian cold-wallet NGRAVE sets a new security standard for crypto storage”
As the end of the year approaches, the price of bitcoin has hovered above the $60K region and with 18.8 million bitcoin in circulation, bitcoin’s market valuation is over $1.16 trillion today. Meanwhile, the number of tokenized bitcoins in existence today has swelled significantly during the last three years, climbing to 408,210 bitcoin worth $25 …
Bitcoin futures open interest continues to remain high after the launch of the first bitcoin exchange-traded fund (ETF) on October 22. While Binance commands $5.81 billion and leads the pack, CME Group holds the second-largest position in terms of bitcoin futures open interest (OI) with $4.1 billion or 16.84% of the aggregate OI. Top Ten …
sponsored For many people the luxury market is out of reach. However, with LuxFi, that is no longer the case. The platform combines blockchain technology, NFTs, and a luxury goods market open to anyone, anywhere. LuxFi will mark a significant shift in the way luxury goods are traded, and how people acquire them. LuxFi is …
Continue reading “How to Invest in LuxFi – the Luxury Asset-Backed NFT Marketplace”
The competition to become the US’s “crypto capital” has begun. Popular YouTube investor Anthony Pompliano kicked things off on Tuesday when he asked Twitter which American politician would be the first to accept a paycheck in Bitcoin (BTC). Miami Mayor Francis Suarez responded quickly, promising to take his next check completely in BTC. I’m going …
Cointelegraph team members and leadership joined major media companies and tech figures this week at the three-day Web Summit 2021 in Lisbon. The issues surrounding social media giant Facebook were the focus for many at the largest tech conference in the world. The company has been the subject of intense media scrutiny following the release …
Continue reading “Event recap Web Summit 2021: crypto, climate change and Facebook”
The stablecoin market has been growing exponentially — from only $21.5 billion in mid-October of last year to $130 billion at the start of November; a six-fold increase — so it was only reasonable to expect that the United States government would have to come to grips with these digital assets that are designed to …
Continue reading “The stablecoin scourge: Regulatory hesitancy may hinder adoption”
It took just four minutes for a relatively unknown cryptocurrency to rise by over 5,600% as of Nov. 5, according to data from CoinMarketCap. Dubbed Phoenix Global (PHB), the token soared from $0.02057 to as high as $1.1413 on Nov. 5, with its volume dropping surprisingly — from $3.79 million to around $777,680 in the …
Continue reading “Phoenix Global token soars by 5,600% in just four minutes — But there’s a catch”
