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“# Dallas Mavericks fan wins $100k in Bitcoin at NBA shootout event ” A Dallas Mavericks fan won $100,000 in Bitcoin (BTC) after making a series of shots in a National Basketball Association (NBA) shootout event sponsored by crypto brokerage firm Voyager Digital. Isaiah Stone, the winner of the basketball shootout, completed all stages of…
“# Shiba Inu now accepted as payment at a French bistro in Paris ” Le Bistrot d’Eleonore et Maxence, a restaurant in Paris, France joins the growing list of mainstream businesses to add Shiba Inu (SHIB) as a payment method. The information came to light from a video shared by a local resident and crypto…
“# DeFi protocol Aave encounters major capital flight ” Annual percentage yields, or APY, on crypto borrowing and lending platform Aave have surged to record levels after capital withdrawals sent the decentralized finance, or DeFi, protocol into a liquidity crunch. At the time of writing, variable APY on borrowing stablecoin Dai via Aave has surged…
“# US Senator Hagerty to CFPB Director: Don’t Stifle Crypto Innovation ” U.S. Senator Bill Hagerty (R-VA), who was elected in 2020 to represent Tennessee after a stint as Ambassador to Japan, spoke to newly appointed Consumer Financial Protection Bureau Director Rohit Chopra regarding cryptocurrencies in a banking committee hearing, saying “I just want to…
“# AMC Theatres CEO considers adding Shiba Inu as payment for ticket purchases ” AMC Entertainment is in the process of updating its technical infrastructure to allow consumers to pay online with Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Dogecoin (DOGE) for movie tickets. But it doesn’t stop there. In a Twitter post early Friday…
“# Cardano stablecoin protocol Ardana raises $10M in latest funding round ” Ardana, a stablecoin ecosystem built on the Cardano (ADA) blockchain, received $10 million in seed capital from a group of investors led by Three Arrows Capital and Ascensive Assets. Ryan Matovu, CEO and co-founder of Ardana, issued the following statement regarding the deal:…
“# Rally founders launch crypto venture studio backed by a16z partner ” Two blockchain entrepreneurs have launched a new cryptocurrency fund designed to bootstrap promising Web 3 startups, sending a strong signal that venture capital is eyeing the next builders of the decentralized internet. On Friday, Kevin Chou and Mahesh Vellanki unveiled SuperLayer, a crypto…
“# Major Russian bank explores crypto investment amid strong demand ” Tinkoff Investments, the online brokerage of major Russian private bank Tinkoff, is researching cryptocurrency investment services despite the Bank of Russia withholding the bank from launching such tools. Tinkoff Investments head Dmitry Panchenko claimed that the bank’s brokerage portal is considering projects related to…
“# Huobi closes crypto derivatives as part of wind-down for Chinese traders ” Major cryptocurrency exchange Huobi has ended futures and other derivatives trading in mainland China today, as planned. Earlier this month, cryptocurrency exchange announced on its website that it will settle all futures, contracts, and other derivatives activities for all Chinese consumers today,…
“# Russian crypto market worth $500B despite bad regulation, says exec ” The Russian cryptocurrency market has grown to hundreds of billions of dollars despite the absence of sufficient cryptocurrency regulation, according to a major industry executive. Sergei Khitrov, founder of the Russian cryptocurrency event Blockchain Life, gave a keynote speech on the state of…