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“# New DAO launches after $230M funding round including Peter Thiel, Alan Howard ” BitDAO, a new decentralized autonomous organization, is launching after a $230 million funding round led by billionaire venture capitalist Peter Thiel. BitDAO announced its DAO launch on Tuesday in conjunction with completing a private sale from initial partners led by Thiel,…
“# Crypto fan tokens a mixed bag for game-deprived soccer fans ” Soccer fan tokens emerged as an offshoot of the tokenization craze in cryptocurrency sometime around 2019. Essentially acting as tokenized shares of influence, fan tokens give supporters of sports organizations the chance to take part in club polls, win unique prizes, and gain…
“# Tiger King star and convicted animal abuser to launch NFT from prison ” The nonfungible token industry isn’t over yet as “The Tiger King” star Joe Exotic is set to launch his own NFT drop from prison with some external assistance. New York-founded cryptocurrency club More announced Tuesday its foray into the celebrity NFT…
“# Another first for Polkadot as Kusama council approves first parachain slot auction ” The Kusama council has passed Motion 310 confirming the start of the first slot auction on the Kusama network. According to details shared on the Polkadot governance platform Polkassembly, 13 out of the 19 “seats” on the Kusama council voted in…
“# B.Protocol announces v2 platform for DeFi liquidations ” Decentralized finance service B.Protocol has announced plans for a new version that will improve the liquidation of undercollateralized loan positions on lending platforms. In a release issued on Tuesday, the backstop liquidity protocol for DeFi lending platforms revealed that the upcoming v2 is based on a…
“# Is DeFi technology easy enough to adapt to non-finance industries? ” Decentralized finance is far and away the hottest topic in crypto, touted as a way to make a fortune by backing the right token, but also a tool for taking the crypto you were hodling in a cold wallet and set it to…
“# China debuts blockchain-based digital yuan salary payments in Xiong’an ” China is progressing with its central bank digital currency (CBDC) tests, debuting blockchain-enabled salary payments in the digital yuan. According to the official website of the Xiong’an New Area, the People’s Bank of China (PBoC) has successfully completed the nation’s first on-chain wage payouts…
“# Block.one free to focus on $10B crypto business after lawsuit settlements ” EOSIO developer Block.one says it is focusing on its crypto business mandate after recently settling a class action lawsuit. In a blog post published on Friday, the blockchain software firm announced a settlement agreement with a group of investors led by the…
“# How the NFT market leveraged blockchain tech for explosive growth ” It’s fun to talk about nonfungible tokens, or NFTs, because they are the perfect example of how the impact of blockchain technology in people’s lives goes way beyond the financial market. As we could see in hundreds of headlines in the past few…
“# Digital turns physical: Top NFT galleries to visit in-person in 2021 ” As restrictions seem to be easing for many, people who are looking to leave their houses and discover their region or country can ride the nonfungible token (NFT) wave with physical exhibitions and galleries that will be opening over the second half…