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“# New funding round sees Reddit gain $4B in valuation since February ” Popular social media platform Reddit has gained $4 billion in value since its last funding round earlier this year in February. Six months ago, the firm raised $250 million in Series E funding at a valuation of $6 billion. In the latest…
“# DBS wins regulatory approval in Singapore for crypto payment services ” Singapore’s largest bank, DBS Bank, has expanded its scope of supported cryptocurrency services by scoring another regulatory approval. DBS Bank’s brokerage arm, DBS Vickers (DBSV), has received in-principle approval from the Monetary Authority of Singapore (MAS) to provide digital payment token services as…
“# Soccer star Messi’s latest contract reportedly includes crypto fan tokens ” Argentine soccer superstar Lionel Messi, regarded as one of the game’s greatest players of all time, has reportedly made crypto fan tokens a part of the payment deal in his financial package with French club Paris Saint-Germain. The information comes from sources close…
“# Helium (HNT) gains 40% after $111M fundraise and 100K active nodes milestone ” Among the more than 11,000 listed cryptocurrencies exist a few projects that offer a revolutionary use case capable of improving the way society operates through the integration of blockchain technology. One such project is Helium (HNT), a decentralized peer-to-peer 5G wireless…
“# Tales from 2050: A look into a world built on NFTs ” “You will own nothing and you will be happy,” — this sentiment was at the core of a declaration issued more than 30 years ago in 2016 by the leaders of the World Economic Forum. It sounded dystopian, like something taken from…
“# FTX wallet adds support for BUSD and BNB tokens on the Binance Smart Chain ” In what seems like an ongoing streak toward market penetration, prominent crypto exchange FTX has launched support for Binance Smart Chain BEP-20 tokens within its wallet services. While no official announcement was made, FTX CEO Sam Bankman-Fried confirmed the…
“# SkyBridge buys 38,500 tons of carbon offsets ” Global investment firm SkyBridge Capital has partnered with carbon credit provider MOSS Earth to purchase tokens representing 38,436 tons of carbon offsets. SkyBridge announced the move on Monday, with founder Anthony Scaramucci forecasting that the Bitcoin (BTC) mining industry “will be fully renewable by the end…
“# NFTs are a game changer for independent artists and musicians ” The revolution will not be televised — it will be minted. Earlier this year, we saw the meteoric rise (and fall) of nonfungible tokens, or NFTs, in mainstream media and popular culture. We all heard about them, but was the hype real? Top…
“# EU entrusts $30M to new blockchain and digital assets fund ” Analysts have long decried the European Union’s lack of homegrown tech giants, pointing to the gulf between the bloc and counterparts like the United States and China. However, the EU now appears to be making moves to up its investments in innovative technologies. The…
“# Cleveland Cavaliers basketball team joins fan token platform Socios ” Socios, the blockchain-based platform which has tokenized many sports franchises worldwide, has partnered with the National Basketball Association’s Cleveland Cavaliers. In a Monday announcement from blockchain-based sports platform Chiliz, Socios said its logo will be prominently featured on Cavaliers’ team jerseys for the upcoming…