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“# OTOY’s Render Network plans to render the metaverse on Solana ” Jules Urbach, the CEO and founder of OTOY, wants to democratize content creation, specifically as it pertains to virtual assets. OTOY’s technology intends to fulfill the promise of an open cloud-based metaverse via the Render Network — the first decentralized GPU rendering network…
“# BlockFi partners with Neuberger Berman to launch crypto ETFs ” Crypto lending firm BlockFi has formed a business with New York-based investment management company Neuberger Berman for the development and distribution of crypto products including exchange-traded funds. In an Oct. 25 announcement, BlockFi said the joint venture, BlockFi | nb, expects to “launch crypto…
“# $25B toy brand to launch L.O.L. Surprise NFT collectibles ” Consumer entertainment products giant MGA Entertainment is moving into the nonfungible token (NFT) industry by turning its best-selling toys into digital collectibles on blockchain. The American toy giant is preparing to roll out an NFT functionality for its world-famous brand L.O.L. Surprise, allowing fans…
“# Bitso to assist the launch of El Salvador’s official Bitcoin wallet Chivo ” Bitso, a major cryptocurrency exchange in Latin America, will be the core crypto service provider for El Salvador’s official Bitcoin (BTC) wallet known as Chivo. In conjunction with Bitcoin becoming legal tender in El Salvador, Bitso announced on Sept. 7 that…
“# Genesis Digital Assets buys 20K Bitcoin miners after $125M raise ” The United States-based Bitcoin (BTC) mining company Genesis Digital Assets continues growing its cryptocurrency mining power with a fresh deal with Chinese crypto mining giant Canaan. Genesis has secured a purchase order for purchasing 20,000 Bitcoin miners from Canaan, the mining machine manufacturer announced…
“# Swiss B2B bank InCore launches new tokenization tool using Tezos ” Deutsche Boerse-backed digital asset firm Crypto Finance AG and Swiss business-to-business (B2B) transaction bank InCore are launching a new tokenization tool based on the Tezos blockchain. InCore Bank officially announced Tuesday a new collaboration with Crypto Finance AG and Swiss IT consulting firm…
“# TikTok partners with crypto-powered music streaming platform Audius ” Music-sharing protocol Audius became one of the first streaming platforms to partner with TikTok, allowing users to directly share tracks to the popular app. In a Monday announcement, Audius said it had partnered with TikTok in the creation of a new feature called TikTok Sounds….
“# Shark Tank’s Kevin O’Leary becomes FTX spokesperson, will be paid in crypto ” Shark Tank host Kevin O’Leary has become an official spokesman for Sam Bankman-Fried’s FTX crypto exchange and will be paid in crypto and receive equity as part of the deal. According to an Aug.10 announcement, the partnership with FTX Trading Ltd….
“# Major Turkish sports club Fenerbahçe issues fan token on Ethereum ” Fenerbahçe S.K., one of the three biggest sports clubs in Turkey, issued its own fan token on the Ethereum blockchain through a new partnership with the local crypto exchange Paribu. The initial presale of 500,000 unlocked tokens was completed on Aug. 9, netting…
“# Xiaomi retailer in Portugal now accepts Bitcoin payments ” Chinese electronics manufacturer Xiaomi is the latest global company to get involved in the cryptocurrency industry as its official Portuguese shop now accepts Bitcoin (BTC) payments. Mi Store Portugal, the official Xiaomi retailer, announced Wednesday on Facebook that it now allows customers to purchase devices…