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“# Crypto exchanges aim for home run at Super Bowl 2022 ” Crypto exchange platforms Crypto.com and FTX will run advertising commercials at the Super Bowl LVI 2022 on Feb. 13. Both exchanges have been working tirelessly to establish their brands and penetrate the United States market. Super Bowl advertisements are known to be very…
“# Top 5 bullish Bitcoin stories of 2021 ” In terms of price action, cryptocurrencies like Bitcoin (BTC) and Ether (ETH) are ending 2021 with a whimper, confounding expectations for an end-of-year blow-off top scenario. A six-figure Bitcoin by December became a consensus trade among many analysts, investors and market observers who were expecting the…
“# NFT-collateralized loan platform Arcade raises $15M in funding round ” Arcade, a platform that allows users to utilize nonfungible tokens as loan collateral, has raised $15 million in a Series A funding round with participation from Pantera Capital. In a Wednesday announcement, Arcade said Pantera, Castle Island Ventures, Franklin Templeton Blockchain Fund, Golden Tree…
“# Hive Blockchain on track to mine more Bitcoin, less Ether this quarter ” Publicly traded crypto mining firm Hive Blockchain is expecting to produce 6,900 Ether (ETH) and 670 Bitcoin (BTC) for the fiscal quarter ending on Dec. 31, marking a respective drop and increase over that of the previous quarter. In a Wednesday notice…
“# Elon Musk thinks Neuralink is better than the metaverse in long term ” Tesla and SpaceX CEO Elon Musk showed no support for the metaverse and Web 3.0 ecosystems as he dismissed the terms for being used as buzzwords and marketing tactics. “I don’t see someone strapping a friggin’ screen to their face all…
“# Blockchain enables enterprise business models in the Metaverse ” Enterprise blockchain has come a long way since its inception in 2017. Blockchain for enterprise use initially began as a technology built on private, permissioned networks, primarily used for supply chain management. As blockchain matured overtime, enterprises began to leverage public, permissionless networks like Ethereum…
“# Crypto exchange Kraken acquires non-custodial staking platform Staked ” Major cryptocurrency exchange Kraken has announced that it purchased blockchain infrastructure company and investment manager Staked for an undisclosed amount. In a Tuesday announcement, Kraken — the crypto exchange aiming for a $10 billion valuation — said it had added Staked to its portfolio of…
“# Crypto. com partners with Los Angeles’ Angel City Football Club ” Cryptocurrency exchange Crypto.com has inked another deal to expand its brand recognition in the United States with the professional women’s sports team Angel City Football Club. In a Tuesday announcement, Crypto.com said it had partnered with the Los Angeles soccer team in an…
“# Interlay raises $6.5M to accelerate Bitcoin DeFi interoperability ” DFG Capital has led a $6.5 million investment in the interoperability start-up Interlay, which is building infrastructure for decentralized finance applications across major blockchains such as Ethereum, Cosmos and Polkadot. As per the announcement, the new funds will be used by Interlay to scale its…
“# Blockchain startup sues Brian Armstrong for allegedly stealing its work ” ResearchHub, a scientific research site founded and self-funded by Coinbase CEO Brian Armstrong, is allegedly based on work stolen from its not-launched competitor, a new court filing suggests. Blockchain accelerator MouseBelt Labs filed on Friday a complaint with the Superior Court of the…