February 24, 2022 – Munich, Germany bitsCrunch, a blockchain analytics firm focusing on providing securing services using artificial intelligence (AI) to safeguard the NFT ecosystem, announced today that it has raised $3.6 million in a private round of funding from lead investor Animoca Brands with participation from Coinbase Ventures, Crypto.com Capital, Polygon Studios and others. …
Monthly archives: February 2022
Monster Energy files NFT and metaverse trademark applications
According to recent filings with the United States Patent and Trademark Office (USPTO), Monster Energy has four pending trademark applications related to the nonfungible tokens (NFTs) and metaverse realms. The first trademark application consists of downloadable virtual goods comprised of, but not limited to, beverages, food, supplements, sports, gaming, music, and apparel. According to the …
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Cointelegraph Consulting: Exploring the DeFi components in GameFi
In 2018, the two main ways video game players can earn a living were through e-sports and live streaming — or perhaps a successful YouTube channel. But, thanks to the rise of blockchain technology, the financial aspect has never been more interwoven with the gaming industry. While most users are acquainted with one or two …
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Many ETHDenver attendees report positive COVID-19 tests and few masks
The transmissibility of the Omicron variant of COVID-19 seems to have affected many attendees at the ETHDenver developer conference, who reported symptoms and positive test results following the event. Many social media posts from ETHDenver attendees after the conclusion of the Feb. 11–20 conference claim they tested positive for the virus. A local news outlet …
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Bitcoin rises above $36K as 24-hour crypto liquidations pass $500M
Bitcoin (BTC) edged higher after Wall Street opened on Feb. 24 with Russia’s Ukraine invasion and its aftermath still top on markets’ agenda. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Risk sentiment set to be “dominant driver” in crypto Data from Cointelegraph Markets Pro and TradingView showed BTC/USD nearing $36,400 on Bitstamp two hours after …
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The Nifty Way Galaxy NFTs For Sale
New NFT project, The Nifty Way Galaxy, aims to create a new and exclusive world composed of thousands of aliens. This project will reward owners with rare collections, merchandise and more. The Nifty Way Galaxy, a new NFT project, announced that a limited number of their collection is for sale. The project is a collection …
Ethereum co-founder Vitalik Buterin condemns Putin for Ukraine invasion
Russia’s invasion of Ukraine has officially begun, as President Vladimir Putin announced that he is launching a “special military operation” in the country. Putin’s move was followed by reports of explosions in multiple major Ukrainian cities, including the country’s capital, Kyiv. Ethereum co-founder Vitalik Buterin, once again voiced his distress about the conflict, calling out …
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SEC plans to 10x the definition of “accredited investor”
In an effort to “enhance investor protection and disclosure” the U.S. Securities and Exchange Commission, SEC, is planning to raise the limit for who is eligible to become a so-called “accredited investor”, or who is allowed to invest in “unregistered” share offerings, startups in the common tung. According to Bloomberg Law, This is not the …
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Canada’s “frozen” Bitcoin on the move despite draconian measures
When cross-border truck drivers started protesting the government vaccination mandate on January 9th, no one expected it to last for over a month. To end the protest, the Prime Minister invoked the Emergencies Act on February 14th. The Act not only allowed the government to freeze bank accounts of people connected to the protest but …
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One NFT trader paid $500,000 to mint 1000 Tubby Cats NFT
Ethereum’s high gas fees have once again reared its ugly head, as one NFT trader paid over $500,000 to mint 1000 non-fungible tokens from the Tubby Cats NFT collection. $500,000 paid as gas fees According to available data on Etherscan, the individual paid 204 ETH, which roughly translates to $553,000 as gas fees for a …
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Crypto Community Discusses Warfare in Ukraine, Importance of Crypto, and the Future of Bitcoin
During the course of the early morning trading sessions on Thursday (EST), 24-hour statistics show the crypto economy dropped more than 11% in value against the U.S. dollar. While the leading crypto asset bitcoin shed close to 10%, a myriad of alternative digital assets lost close to 20% in value. The crypto market downturn is …
Swiss Crypto Bank SEBA Gets License to Operate in UAE Financial Center
The Swiss crypto bank, SEBA Bank, was recently granted a license to operate in the Abu Dhabi Global Market (ADGM), the UAE’s financial center. The license allows SEBA to conduct regulated services. SEBA’s Strategy The Swiss-registered digital asset bank, SEBA Bank, has been granted a license that allows it to operate in the UAE’s international …
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Instant Exchange Marketplace Swapzone Introduces Exchange API for US Residents
press release PRESS RELEASE. Swapzone.io, a successful crypto-to-crypto exchange aggregator has just announced a new feature named “fixed-rate exchange” that now is available to U.S. citizens. The new function allows American users and not only to “fix” the amount they exchange, so that nothing can affect the amount the user receives which was shown to …
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Tonga planning to adopt Bitcoin as legal tender in Q2 2023
A former member of parliament in Tonga, Lord Fusitu’a, has given the timeline for when the country will adopt Bitcoin as legal tender. Fusitu’a, a renowned supporter of the cryptocurrency sector, has laid down a four-step plan that will allow the country to be next after El Salvador in adopting Bitcoin. Tonga’s Bitcoin timeline According …
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Opera integrates with DeversiFi to push Web3 support
Opera has announced it will be integrating with DeversiFi, a decentralized finance (DeFi) platform. The integration will eliminate the high gas fees and boost network speeds on the web browser. Opera partners with DeversiFi For this initiative, Opera and DeversiFi will also work with Gateway.fm, a blockchain-based firm. Opera supports web 3, and through this …
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