Polygon (MATIC) is partnering with Alexis Ohanian, one of the co-founders of social giant Reddit, to launch a new $200 million fund that aims to back projects at the intersection of social media and Web 3.0. Polygon is a scaling solution designed to enable the widescale adoption of decentralized apps (DApps) on the Ethereum blockchain. …
Category archives: Trending Crypto news
Crypto Exchange BitMEX Announces Airdrop of New Native Token to Millions of Users
Crypto exchange BitMEX is gearing up to launch and then airdrop its brand new utility token to its millions of users. In a new announcement via Twitter, the exchange tells its 116,000 followers that its launching BMEX, its new token for “true believers.” The airdrop, set to commence on February 1 of 2022, will see …
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Behind the scenes of the first AAA shooter game built on the blockchain
Shrapnel is the world’s first AAA shooter game built on the blockchain, at the intersection of community, creation and ownership. The team is comprised of BAFTA and Emmy award-winning talent that has worked on blockbuster franchises such as HALO, Call of Duty, Madden, Bioshock, Destiny, Star Wars, Hawken Skylanders, Westworld and more. It is built …
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Ether’s growth as independent asset fuels ETH-BTC flippening narrative
The narrative surrounding Ether (ETH) of it fast transforming into an independent asset has been around for some time now. However, the last few months have seen this notion gain an increasing amount of mainstream traction, as is best highlighted by the fact that, since Oct. 1, ETH has showcased substantial northbound movement against Bitcoin …
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DOGAMÍ Secures $6 Million From Ubisoft and Others To Build the Petaverse on Tezos
December 21, 2021 – Paris, France DOGAMÍ, the first mass market play-to-earn NFT game powered by Tezos, secures $6 million in funding from Ubisoft, Animoca Brands and The Sandbox co-founders. The funding will help establish the future of pet ownership 3.0 and the role of blockchain technology in these proceedings. DOGAMÍ continues to turn heads in …
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Bank for International Settlements Says Global Regulations for Crypto and DeFi Should Be Discussed for Next Year: Report
A high-ranking official at the Bank for International Settlements (BIS) is reportedly calling on financial regulators around the globe to agree on an international regulatory framework for cryptocurrencies next year. Benoît Cœuré, head of the BIS’ innovation hub, tells the Financial Times that the explosion of decentralized finance (DeFi) has created a “compelling reason” to …
Medical Q&A platform Ask The Doctor files lawsuit against Shiba Inu, engages war of words on Twitter
Tuesdays can be boring, but an ongoing Twitter drama is captivating the attention of many blockchain enthusiasts. Ask The Doctor, a Canadian medical questions and answers website, announced that it would be suing Shytoshi Kusama, volunteer project lead of meme token Shiba Inu (SHIB), for alleged libel and will attempt to uncover his personal identity …
Crypto exchange Kraken acquires non-custodial staking platform Staked
Major cryptocurrency exchange Kraken has announced that it purchased blockchain infrastructure company and investment manager Staked for an undisclosed amount. In a Tuesday announcement, Kraken — the crypto exchange aiming for a $10 billion valuation — said it had added Staked to its portfolio of yield products following the acquisition. The company described the Staked …
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‘You don’t own Web 3.0,’ says Jack Dorsey, criticizing its centralized nature
In a series of tweets posted on Tuesday, Jack Dorsey, the co-founder and former CEO of Twitter, as well as the founder and CEO of Square (now Block), voiced his criticism over the direction of Web 3.0 development. Elon Musk, the CEO of Tesla, joined Dorsey in the mockery. On an unrelated note, the same …
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Crypto.com partners with Los Angeles’ Angel City Football Club
Cryptocurrency exchange Crypto.com has inked another deal to expand its brand recognition in the United States with the professional women’s sports team Angel City Football Club. In a Tuesday announcement, Crypto.com said it had partnered with the Los Angeles soccer team in an effort to increase the awareness of and access to crypto, blockchain and …
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Seven Things to Learn Before Investing in Cryptocurrency
Cryptocurrency can be confusing at first. It doesn’t have a physical form like fiat currency, so it can seem abstract and hard to grasp. Cryptocurrency isn’t as complicated as you might think. There are a lot of things that you will want to learn about how cryptocurrency works before investing in any form of it. …
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Bitcoin Setting Up Major Bear Trap, According to On-Chain Analyst Will Clemente
Popular on-chain analyst Will Clemente is eyeing several key indicators that suggest a potential bear trap for Bitcoin could play out in the near future. In a new edition of the weekly Blockware Intelligence Newsletter, Clemente looks at derivatives data to see whether traders are overly bullish or extremely bearish on BTC. “We were cautious …
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Interlay raises $6.5M to accelerate Bitcoin DeFi interoperability
DFG Capital has led a $6.5 million investment in the interoperability start-up Interlay, which is building infrastructure for decentralized finance applications across major blockchains such as Ethereum, Cosmos and Polkadot. As per the announcement, the new funds will be used by Interlay to scale its operations and bring more developers on board with its open-source …
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Bank of Russia to allow crypto investment via foreign firms: Report
Russia continues sending mixed signals to the cryptocurrency markets as more reports provide details on the country’s upcoming crypto regulation. Shortly after Bank of Russia governor Elvira Nabiullina announced the Bank’s intention to prevent the local financial system from using crypto, another executive at the central bank has clarified that crypto investment will remain legal …
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The political Santas and Grinches of the crypto industry in 2021
2021 was a huge year for the crypto industry. A few years ago, our elected officials probably hadn’t even heard of crypto before, let alone had an opinion on it. However, this year it seemed like crypto was the hot topic on the block all around the globe. Here is a list of the most …
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