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“# Robinhood shares tank 10% after crypto revenue falls by three quarters ” Robinhood shares (HOOD) have fallen sharply on the back of the firm’s Q3 results which posted lower than expected crypto trading revenue. The popular retail trading firm published its Q3 report on Oct. 26, with crypto accounting for $51 million (19%) of…
“# 26 companies and advocacy groups call on Valve to reverse its blockchain games ban ” Digital rights advocacy group Fight for the Future, the Blockchain Game Alliance, Enjin, and 26 blockchain game companies have called out video game corporation Valve for its decision to not allow content related to cryptocurrencies or nonfungible tokens through…
“# Adobe offers users the ability to verify NFT marketplace creations through metadata ” Many nonfungible token marketplaces are allowing digital collectors to identify artwork based on the wallet address of the creator through a partnership with software giant Adobe. In an Oct. 26 announcement, Adobe said it would be partnering with major nonfungible token,…
“# KYVE raise $2.8M to advance Web 3.0 data storage ” Data archiving protocol, KYVE, has announced a Series B funding raise of $2.875M instigated by institutional capital firms Permanent Ventures and Hypersphere Ventures, and participated by a vast collection of crypto projects and individual angel investors including, but not limited to, Coinbase Ventures, Volt…
“# NFL quarterback Tom Brady gives fan 1 BTC for his historic 600th-touchdown-pass ball ” Tampa Bay Buccaneers quarterback Tom Brady nearly lost ownership of the ball behind his 600th touchdown pass, but now he’s paying for it… in Bitcoin. In an Oct. 24 game between the Buccaneers and Chicago Bears, Brady threw his 600th…
“# Rarible and Adobe form partnership aimed at protecting NFT creators ” Software giant Adobe is trying to make it easier for nonfungible token, or NFT creators to prove they are the artists behind their work by linking social media profiles and crypto wallet addresses. In an Oct. 26 announcement, NFT marketplace Rarible said it…
“# Crypto unicorn: CoinList valued at $1.5B following $100M Series A ” Crypto listing platform CoinList has concluded a $100 million Series A fundraiser to fuel its global business expansion, bringing its total valuation to a whopping $1.5 billion. The cash injection will help CoinList to scale its business operations, support its community of early…
“# Culture converges with blockchain as luxury fashion brands launch NFT collections ” It’s no surprise that nonfungible tokens (NFT) have been dominating the crypto market this year. The booming digital asset class generated over $2.5 billion in sales within the first six months of 2021, demonstrating unheard-of financial gains for artists, brands and content…
“# South Korean pension fund to invest in Bitcoin ETF: Report ” South Korea’s public pension fund, the Korean Teachers’ Credit Union (KTCU), is reportedly looking to gain exposure to Bitcoin (BTC) via a crypto exchange-traded fund (ETF). KTCU, one of the largest institutional investors in South Korea, is considering investing in a pure Bitcoin…
“# UK FCA grants registration to crypto startup Crypterium ” British cryptocurrency services provider Crypterium is the latest crypto firm to secure registration from the United Kingdom’s Financial Conduct Authority (FCA). Crypterium officially announced on Oct. 25 that it has recently been registered by the FCA to provide cryptocurrency services to local citizens and companies, becoming…