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“# Why Kevin O’Leary thinks NFTs could become bigger than Bitcoin ” Millionaire investor and crypto proponent Kevin O’Leary thinks that the NFT sector could be worth more than Bitcoin in the future. Speaking with CNBC’s Capital Connection on Jan. 5, O’Leary — also known as Mr. Wonderful — argued that NFTs provide a greater…
“# Moneygram buys 4% stake in crypto ATM operator Coinme ” Money transmission network MoneyGram now has a minority investment in crypto ATM operator Coinme following a Series A funding round. In a Wednesday announcement, MoneyGram said it had purchased a roughly 4% ownership stake in Coinme — likely more than $764,000, given its valuation…
“# Year of sponsorships: Celebrities who embraced crypto in 2021 ” Though the crypto space has seemingly moved beyond the endorsements many minor celebrities bestowed on token projects during the 2018 initial coin offering boom, its growing popularity and acceptance now has professional sports players, Hollywood elites and politicians backing major companies dealing with digital…
“# Kevin O’Leary-backed WonderFi to buy Bitbuy parent company for $162M ” Kevin O’Leary-backed decentralized finance (DeFi) platform WonderFi Technologies is increasing its footprint in Canada by buying the first regulated crypto exchange in the country. WonderFi agreed to pay close to 206 million Canadian dollars ($162 million) to acquire First Ledger Corp., the parent…
“# Blockchain and the Metaverse make inroads at Consumer Electronics Show ” Blockchain, metaverse and NFT technology are set to make a splash at the Consumer Electronics Show (CES) event in Las Vegas this week. The CES is an annual event that features exhibitions of the latest tech advancements and keynote speeches from giants such…
“# Hemp grower crowdfunds court case, tokenizes shares in settlement ” Hemp grower Apothio has raised $330,000 for a lawsuit against Kern County, California via what’s known as an Initial Litigation Offer on the Republic investment platform. Investments are accepted in USD, but proof of investment is issued as digital tokens on the Avalanche (AVAX)…
“# Cion Digital secures funds to expand blockchain orchestration platform ” Cion Digital, a developer for an enterprise SaaS blockchain orchestration platform, announced on Tuesday that it had closed out its recent seed funding round at $12 million. The round was overseen by Green Visor Capital and 645 Ventures who have since joined Cion Digital’s…
“# Evedo seeks to bring event planning to the blockchain ” Evedo, a platform consisting of business-to-business, or B2B, & business to consumer, or B2C, marketplaces, seeks to provide blockchain solutions for businesses and participants involved in organizing events. In an exclusive ask-me-anything, or AMA, session with Cointelegraph Markets Pro, Stoyan Angelov, founder & CEO…
“# Bitcoin mining manufacturer Canaan expands footprint in Kazakhstan ” Bitcoin (BTC) mining hardware manufacturer Canaan Inc is expanding its footprint in Kazakhstan after signing new strategic partnerships with multiple crypto mining firms in the country. The Nasdaq-listed company announced Tuesday that it had deployed 10,300 AvalonMiner units in Kazakhstan as of Dec. 31, 2021,…
“# NFT-focused holding company raises $50 Series A ” Digital asset curator Metaversal announced Tuesday that it has completed a $50 million funding round to further expand its investment capabilities in the nonfungible token (NFT) and metaverse sectors. The Series A funding round was co-led by investment firms CoinFund and Foxhaven, with additional participation from…