A SPAC, or Special Purpose Acquisition Company, is a company that has no commercial operations and is formed strictly to raise capital through an initial public offering (IPO) for the purpose of acquiring or merging with an existing company. SPACs have been around for decades, but have seen a Cambrian explosion in recent years. In …
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Moneygram has completed an investment in cryptocurrency ATM operator Coinme. “At Moneygram, we continue to be bullish on the vast opportunities that exist in the ever-growing world of cryptocurrency,” said the CEO. Moneygram Invests in Crypto Company Coinme Moneygram International Inc. (NASDAQ: MGI) announced Wednesday that the company “has completed a strategic minority investment in …
El Salvador is preparing to introduce 20 bills to provide a legal framework for its upcoming bitcoin bonds. The funds raised will be used to build infrastructure for Bitcoin City and buy more bitcoin, the Salvadoran government explained. El Salvador Drafting Legal Framework for Bitcoin Bonds El Salvador’s finance minister, Alejandro Zelaya, said in an …
January 5, 2022 – Singapore, Singapore StarSharks – an NFT GameFi ecosystem built on the Binance Smart Chain – has officially launched its first game ‘StarSharks.Warriors.’ It is a turn-based card game where the player’s goal is to eliminate all sharks of their opponents. Players can install the StarSharks.Warriors official version from the StarSharks homepage. The new …
Millionaire investor and crypto proponent Kevin O’Leary thinks that the NFT sector could be worth more than Bitcoin in the future. Speaking with CNBC’s Capital Connection on Jan. 5, O’Leary — also known as Mr. Wonderful — argued that NFTs provide a greater potential to attract capital than Bitcoin due to their ability to tokenize …
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Brian Chesky, CEO of Airbnb has hinted that the popular travel home-booking company may soon accept crypto payments based on a recent Twitter poll. Chesky Says Users Want Crypto A growing number of businesses are making crypto payment available to their customers. However, some businesses are taking an unusual approach to cryptocurrency adoption. The #1 …
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Altcoins have started the year 2022 with an overperformance over Bitcoin. Out of all the various indexes, the mid-cap coins seem to have accumulated the most gains so far. Bitcoin Starts The Year Underperforming The Altcoins As per the latest weekly report from Arcane Research, Bitcoin’s 2022 has started with the coin underperforming in front …
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There is no denying the growing popularity of esports, but it doesn’t feel like it has reached the mainstream since up until recently digital sports games were being played on flat screens while sitting idle on a chair. However, the tide is turning with the arrival of VR headsets, allowing players to physically move in …
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As a new year is finally upon us, it is incredible to see where technology has taken things over the past 12 months. NFTs (aka non-fungible tokens) have disrupted both the investing and art world, making headlines in 2021 for their groundbreaking utility for both creators and investors alike, and they don’t show any signs …
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One of the most successful innovations to come out of blockchain technology is the introduction of decentralized finance. Decentralized or DeFi is a broad term used to catalog the decentralized applications that integrate traditional financial services into the crypto world. Decentralized finance applications and protocols are constantly evolving to integrate emerging trends. Over the last …
The Ethereum ecosystem still has far more developers than rival networks, but they are catching up with a faster rate of growth. Ethereum competitors such as Polkadot, Solana, and Binance Smart Chain are growing faster in terms of development activity according to crypto research firm Electric Capital which released its findings on the blockchain development …
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NFT marketplace Rarible temporarily cancelled orders from OpenSea and sent a series of tweets today outlining how it plans to help combat what it called “risky sale orders” on OpenSea with a new order management tool. The tool is designed to help users differentiate between their active and inactive orders to help prevent their NFTs …
A closely followed crypto strategist and the trader is predicting Curve (CRV) will surge to record highs while saying that a mid-cap altcoin looks bullish. Pseudonymous crypto analyst Credible tells his 289,800 Twitter followers that Curve, the governance token of decentralized exchange Curve Finance, looks strong after taking out a key resistance area around $6. …
South Korean electronics giant Samsung says it has chosen a platform built on Cardano (ADA) for a new tree-planting initiative. In a new press release, Samsung details how it will be teaming up with veritree, a Cardano-based project that allows users to donate their ADA tokens to plant trees as a means of combating climate …
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Blockchain network interoperability is shaping up to be one of the main themes for the cryptocurrency ecosystem in 2022. New users are continuing to onboard into the growing world of crypto while both new and established projects search for the chain that will best serve the needs of their protocol and community. One project that …
Continue reading “3 reasons why Cosmos (ATOM) price is near a new all-time high”
