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“# Automakers are minting NFTs, but is there a strong use case? ” Just before the turn of the 19th century, Carl Benz announced what is now widely considered as the world’s first commercial automobile. At the time, it would have been impossible to predict how this one product could spur the development of a…
“# Russian central bank registers nation’s first digital asset manager ” The Bank of Russia has registered tokenization service Atomyze as the country’s first digital asset management company, the central bank officially announced Thursday. According to the announcement, the Bank of Russia has formally deemed the rules of the company’s information system and the platform’s…
“# NFT project blankets Texas capital city in pro-crypto billboards ” The founder of a website guiding readers through the digital asset market started a campaign in Austin to increase awareness of Bitcoin and other cryptocurrencies. Speaking to Cointelegraph, marketcap.guide founder Sam Feldman said he had deployed more than 100 billboards around the Texas capital…
“# a16z-backed TrueFi launches DeFi lending market for asset managers ” Stablecoin operator TrustToken has launched a new lending marketplace that allows asset managers to create their own decentralized finance products, potentially opening the door to wider mainstream adoption of DeFi solutions. The new lending marketplace, which is offered on unsecured lending protocol TrueFi, gives…
“# Crypto miner in Texas shuts down 99% of operations as winter storm approaches ” With Winter Storm Landon expected to hit parts of Texas this week, major crypto mining firms are powering down in anticipation of high demands on the state’s power grid. Speaking to Cointelegraph on Wednesday, Riot Blockchain’s communications director Trystine Payfer…
“# Pixel Vault raises $100M for NFT development platform ” Operator-led venture capital firms Velvet Sea Ventures and 01 Advisors invested $100 million into Pixel Vault, a large nonfungible token collection of superheroes, to jointly launch the rebranded multi-franchise nonfungible token (NFT) entertainment company, Pixel Vault Inc. According to Pixel Vault, the aim of the…
“# Dune Analytics raises near-$70M in Series B funding round ” Dune Analytics, a leading data analytics platform, has announced a capital raise of $69,420,000, in addition to a $1 billion-dollar valuation, the latter of which means that the company attained “unicorn” status, which describes privately-held startups that have attained a valuation of $1 billion…
“# Major crypto exchanges eye Asian market amid growing regulatory clarity ” Major crypto exchanges originating from Asia as well as from the West have shown an increasing interest in the Asia-Pacific region. Coinbase launched in Japan last year, joining the selected group of exchanges to offer crypto trading services to native customers. Binance, the…
“# US bobsledder feels the Bitcoin rhythm and orange pills his fans ” Olympic bobsledder Johnny Quinn is the latest sporting celebrity to swallow the orange pill. In a Twitter thread, he shared his best of Bitcoin (BTC) education while welcoming the Bitcoin class of 2022. As a Class of 2021 #Bitcoin-er, I would like…
“# Diem stablecoin co-founder praises Bitcoin for censorship resistance ” Shortly after Meta, formerly Facebook, officially gave up on its stablecoin Diem, some of the key people in the project have become increasingly vocal about the uncensorable nature of Bitcoin (BTC). David Marcus, a co-founder of Diem, originally known as Libra, took to Twitter on…