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“# KuCoin Labs Launches $100 Million Venture Capital Fund To Empower Early-Stage Metaverse Projects ” KuCoin Labs, the company behind the world’s sixth-largest cryptocurrency exchange by trading volume with more than 500 crypto assets listed, announced on Wednesday that it would be launching a $100 million metaverse fund for early-stage projects. The money is also…
“# Australian baseball club Perth Heat to pay athletes in Bitcoin ” Australian baseball club Perth Heat has announced a partnership with Bitcoin payment processor OpenNode to accept and make payments in Bitcoin (BTC). The partnership allows Perth Heat to pay professional players and staff in Bitcoin. According to the announcement, the professional sports club…
“# The power of cheap transactions: Can Solana’s growth outpace Ethereum? ” The top cryptocurrencies by market capitalization keep changing over time as the industry matures. Solana (SOL) has seen its value skyrocket so far this year and has been consistently processing over 2,500 transactions per second. The cryptocurrency’s price, according to TradingView data, is…
“# Brave launches browser-native crypto wallet to combat fake extensions ” Privacy-oriented browser Brave continues to deepen its commitment to cryptocurrency adoption by replacing its extension-based cryptocurrency wallet with a browser-native one. The company announced to Cointelegraph on Tuesday that it is prepping the official launch of Brave Wallet; a self-custody cryptocurrency wallet built into…
“# Royal House of Savoy NFTs to debut on the 150th anniversary of the Unification of Italy ” Multimedia film director and artist Yi Zhou is set to mint the first-ever royal nonfungible tokens, or NFTs, based on the story of Italy’s House of Savoy. The digital works are made in collaboration with the House…
“# Liquid staking protocol pSTAKE raises $10M from notable cryptocurrency venture capital firms and angel investors ” On Tuesday, pSTAKE, a liquid staking protocol from decentralized finance (DeFi) platform Persistence, announced in a statement provided to Cointelegraph that it had closed a $10 million strategic funding round from venture capital firms. Tendermint, the core developer…
“# Iota Foundation to launch staging network and reward token ” The Iota Foundation has announced the upcoming launch of a staging network, Shimmer, in a bid to advance through the Iota roadmap toward fully functional decentralization. The layer-one network will act as an innovation testbed for developers and builders in the community seeking to…
“# ETC Group announces new blockchain equity ETF with HANetf partnership ” The ETC Group and white-label issuer HANetf have reportedly announced the continuation of their partnership with the introduction of the ETC Group Digital Assets & Blockchain Equity UCITS exchange-traded fund (ETF), which tracks other cryptocurrency products. The new crypto-focused fund will provide digital…
“# Hedera’s governing body adds ServiceNow to its ranks ” The Hedera Governing Council has accepted cloud-based digital workflow platform ServiceNow as its newest member. Hedera intends to integrate the Now Platform to create a new level of trust and accountability in digital transformation transactions. Hedera and ServiceNow will develop trusted processes based on digital…
“# Crypto poses imminent threat to financial stability: Bank of England Deputy Governor ” Sir Jon Cunliffe, the Deputy Governor for Financial Stability at the Bank of England (BoE) crypto may pose an imminent threat to the traditional financial system. During a Nov. 15 interview with the BBC’s “Today” program, Cunliffe argued that the rapid…