Layer-2 scaling solution Polygon has raised $450 million in a funding round that was backed by some of blockchain’s biggest venture funds — offering further evidence that major investors are looking to support the future of Web3 development. The investment round was led by Sequoia Capital India with participation from more than 40 venture capital …
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Ownership is one of the most critical aspects of nonfungible tokens (NFT). They are a representation of the evolution of execution and ownership of art, content, music, in-game assets, etc., since they are digital assets with distinctive identities that are verifiable on a blockchain network. However, they have also created a new dimension of discussion …
Continue reading “‘Wave of litigation’ to hit NFT space as copyright issues abound”
Bitcoin’s (BTC) price inched higher over the weekend as bulls try to enforce a trend change while bears attempt to stall the relief rally. On-chain monitoring resource Whalemap highlighted that $38,000 is the critical zone for the whales during any correction as whales had accumulated in this zone last week. On the upside, trader Pentoshi …
Continue reading “Price analysis 2/7: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX”
Zero-knowledge applications platform Aleo has raised $200 million in a solid investment round, pushing the company forward and supporting its goals to develop products and services that encourage and assist developers in building applications on top of its decentralized network. The Series B investment round was led by Kora Management LP and SoftBank Vision Fund …
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The Spark (FLR) token airdrop to Ripple (XRP) holders has been delayed, and the co-founder and CEO of Flare, Hugo Philion, has explained the cause of the delay. Philion states that the project will upgrade its canary network, Songbird, before conducting the airdrop. Upgrade before airdrop Philion noted that the upgrade would happen before the …
Continue reading “Ripple XRP holders to get Spark (FLR) airdrop on March 2022”
Venezuelans will now be subject to an up to 20% tax on cryptocurrency transactions after the approval of a new tax bill. The tax bill will target financial transactions made in digital currencies such as Bitcoin and foreign currencies. Venezuelans government approves an up to 20% tax on BTC On Thursday, the Venezuelan National Assembly …
“Free Assange by any means necessary” is the revolutionary message visible on AssangeDao’s Twitter account inciting fellow “cypherphunks” to help donate to the cause. Assange DAO is a decentralized autonomous organization set up solely to receive donations to help free Julian Assange. The Assange DAO claims on their project page on Juice box that the …
The host of popular crypto channel Coin Bureau has a bullish outlook for decentralized parallel blockchain network Cosmos (ATOM) in 2022. In a new video, the analyst known as Guy tells his 1.93 million YouTube subscribers that Cosmos developers are now creating demand drivers that could push ATOM higher this year. He cites the Vega …
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Bitcoin (BTC) continues to linger just below $43,000 on Feb. 7 as markets gear up for what promises to be a lively week. Another step up overnight took BTC/USD briefly over $43,000 before consolidating with $42,000 as support, data from Cointelegraph Markets Pro and TradingView shows. Fresh losses remain firmly on the table For market pundits, …
Continue reading “New BTC price targets emerge as Bitcoin sizes up Wall Street open”
Former Manchester United legends Gary Neville and Paul Scholes are teaming up to launch a one-of-a-kind sports-centric DAO (decentralized autonomous organization) that would allow fans to make investments alongside these legends. The sports investment DAO would be called CO92 DAO, named after the legendary squad from 1992, and it would focus on strategic investment focused …
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Shiba Inu (SHIB) looks poised to undergo sharp price corrections after rallying nearly 75% in almost two weeks. SHIB price rallied to mid-January highs On Monday, the meme-token climbed to $0.00002961, its best level since Jan. 18, amid renewed buying interests across the cryptocurrency market. Before the retracement, SHIB’s price had crashed by almost 80% …
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The Venezuelan government has approved a new tax bill aiming to collect up to 20% in taxes from cryptocurrency transactions, according to local reports. Venezuela’s National Assembly held a second discussion session on Thursday for a new draft bill targeting taxes on “large financial transactions” in cryptocurrencies like Bitcoin (BTC). The Venezuelan government reportedly approved the …
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The crypto market is still reeling from the impact of a slow start to the year. The nascent industry has slumped more than 30% from its all-time-high (ATH) of $2.92 trillion in November 2021. However, cryptocurrencies are still the most talked-about asset classes in the investing space. This has led several investors to search for …
Continue reading “Next Cryptocurrency to Explode 2022 – Top 5 Coins”
An 11% swing to the upside on Friday closed the day at $41,600. Although Saturday saw a tapering of activity, closing 0.6% down, Sunday and Monday saw a continuation of bullish form. Crypto YouTuber Lark Davis noted the weekend’s price action had broken the downtrend that has been in force since mid-November 2021. His tweet …
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The identity of those behind the Bored Apes NFT is finally public. After months of intense scrutiny, Buzzfeed has uncovered the identity of two of the main founders as Greg Solano and Wylie Aronow. While both men are yet to comment, Nicole Muniz, the CEO of Yuga labs, the company behind the project, has confirmed …
Continue reading ““Unknown” BAYC founders have been unveiled”
