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“# Multichain DApp protocol Astar raises $22M in latest round led by Polychain ” Astar, a multichain DApp protocol formerly known as Plasm, has raised $22 million in its latest strategic fundraise. The funding round was led by Polychain and saw participation from the likes of Alameda Research, Crypto.com Capital, Digital Finance Group and a…
“# Google Cloud ramps up blockchain efforts by launching digital assets team ” Blockchain, cryptocurrency and decentralized technology are all fascinating topics that have been heating up for almost a decade. Nowadays, everyone wants to be part of cutting-edge innovations. A Thursday announcement by Yolande Piazza, Google Cloud’s VP Financial Services, said the firm has established…
“# Apple stock jumps after CEO reveals it’s investing in the Metaverse ” Apple’s stock price jumped in after hours trading after CEO Tim Cook said during the company’s Q1 2022 earnings call that he sees considerable potential in the Metaverse space. When asked on Jan. 27 during the call about Apple’s opportunities within the…
“# OpenSea reverses limits on minting after community backlash ” NFT marketplace OpenSea has backflipped on a controversial decision to limit the number of NFTs and collections creators can mint using its smart contract. The platform previously allowed unlimited collections and items, but changed its policy to only allow five NFT collections with 50 items…
“# Flushing it: $8B New York commercial bank to offer Bitcoin services ” Flushing Financial Corporation, the parent company behind New York-based Flushing Bank has partnered with crypto firm New York Digital Investment Group (NYDIG) to offer Bitcoin (BTC) services to its customers. The bank was founded in 1929 and according to its Q4 report…
“# Anchor protocol’s reserves head toward depletion due to lack of borrowing demand ” Anchor, the flagship savings protocol of the Terra Luna (LUNA) ecosystem, has seen its reserves decline by 35.7% in the past seven days according to Terra.Engineer. Since the beginning of December, the amount of Terra USD Stablecoin (UST) held in the…
“# Crypto Biz: Ripple takes the high road, Jan. 20–26 ” Blockchain payments company Ripple (XRP) made it abundantly clear this week that it’s not letting its feud with the United States Securities and Exchange Commission (SEC) hold back its business plans. On Wednesday, the company announced it had repurchased all Series C shares that…
“# Zuck got PUNKed — new Metaverse-linked ETF shorts Meta shares in holdings ” An exchange-traded fund linked to companies involved with the Metaverse launched on the Cboe BZX Exchange — shorting shares of Facebook’s parent company, Meta. The Subversive Metaverse ETF, listed under the ticker PUNK, opened for trading at $25.15 on Thursday. The…
“# Crypto industry seems willing to adopt FATF travel rule: Survey ” The cryptocurrency industry is eager to comply with the Financial Action Task Force’s (FATF) so-called Travel Rule, and appears willing to work with regulators in order to expedite the process, a new survey found. As per a survey conducted by Notabene, a crypto…
“# BitDAO launches $200M zkDAO to advance Ethereum scaling via zkSync ” On Thursday, a proposal to fund decentralized autonomous organization zkDAO passed via treasury protocol BitDAO with close to 200 million votes cast. The proposal was authored by Matter Labs — the organization behind Ethereum scaling protocol zkSync — and Mirana Ventures. Utilizing zk-Rollups, zkSync and its…