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Blackrock, Fidelity to Invest in Crypto Firm Circle’s $400 Million Funding Round
13.4.2022
Blackrock, Fidelity, Marshall Wace, and Fin Capital are investing in crypto firm Circle. In addition, Blackrock, the world’s largest asset manager, has entered into a broader strategic partnership with the crypto firm. Blackrock, Fidelity, Marshall Wace, Fin Capital to Invest in Circle...
Fast, Secure and Interoperable, Parex Is the New Decentralized Exchange to Look Out For
12.4.2022
PRESS RELEASE. We are hugely excited to announce the official launch of Parex, a new decentralized exchange with an in-built PRX token unique to the mining production mechanism. Developed in response to the costly and often ethically dubious state of centralized finance, Parex promises to offer...
While Sony And Microsoft Acquire Studios, Nintendo Buys Land
12.4.2022
While the rest of the video game industry is consolidating, Nintendo is spreading out. The Switch manufacturer has finally responded to massive moves by competitors Sony and Microsoft by announcing a $39.8 million land deal to break ground on a new R&D office. Whatever it takes to finally port...
Iran Will Not Allow Crypto Payments, Prepares to Pilot Digital Rial
12.4.2022
Iran will not recognize cryptocurrencies as a means of payment, a high-ranking government official has indicated. His statement came as the Central Bank of Iran announced rules for the issuance of digital coins in the country. These are meant, however, for its own “crypto rial,”...
Sony Goes Big On Epic Games With Whopping $1 Billion Investment
11.4.2022
Epic Games recently announced an epic new wave of fundraising, notable both for the $2 billion it’s pulled in and for an eye-raising firm present among the leading partners: Sony. The makers of PlayStation VR have invested a cool $1 billion in Epic to further “the development of new digital...
Total Value Locked in Defi Takes a Hit Losing $21 Billion in 6 Days
11.4.2022
Over the last six days, the total value locked (TVL) in decentralized finance (defi) has dropped 9.21% from a high of $232.88 billion on April 5, to today’s $211.43 billion. The value locked in defi protocols shed 4.40% of that value during the last 24 hours. Value Locked in Defi Shudders...
Virtual Insurer and German Giant Munich Re Team Up to Offer Digital Asset Insurance
11.4.2022
Hong Kong-based virtual insurer OneDegree has entered into a three-year strategic partnership with German reinsurer Munich Re to launch OneInfinity, a new digital asset insurance product.
OneDegree says its product is an insurance and technology offering designed specifically for digital asset...
Plasma.Finance and Socket Enter a Partnership
11.4.2022
The month has been hectic for Plasma.Finance, as the platform continuously released its new updates. The DeFi platform has established a partnership with Socket to unify its ecosystem. Besides this, Plasma.Finance will also collaborate to promote the seamless transfer of data and assets across...
How NFT Finance Accelerates NFT Mass Adoption
10.4.2022
Stephen Young, Founder & CEO, NFTfi, an NFT collateralized loan marketplace.
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Read More: How NFT Finance Accelerates NFT Mass Adoption
Russian Finance Ministry Amends Bill ‘On Digital Currency,’ Adds Crypto Mining Provisions
10.4.2022
The Ministry of Finance of the Russian Federation has revised a draft law designed to regulate the country’s crypto space, introducing provisions for cryptocurrency mining. The bill has been resubmitted to the government and may be adopted during the parliament’s spring session....
Billionaire Peter Thiel Says Bitcoin Could Rise 100x — Unveils BTC’s Enemy List With Warren Buffett at Top
10.4.2022
Billionaire Paypal co-founder Peter Thiel has compiled a list of bitcoin’s enemies, the “finance gerontocracy” he said is stopping the price of the cryptocurrency from soaring a hundred times. Berkshire Hathaway CEO Warren Buffett tops the list. Thiel called him “the...
Derivatives Exchange Giant CME Group Adds 11 New Cryptocurrency Reference Rates
9.4.2022
Global markets company and Chicago-based derivatives exchange CME Group plans to launch 11 new reference rates tied to specific crypto assets. The reference rates and real-time indices bolstered by CF Benchmarks are typically leveraged by exchange-traded products and other investment vehicles....
Finance Redefined: Axie Infinity creator raises $150M, DApp daily users surge to 2.4M and more
8.4.2022
Axie Infinity's Ronin Bridge hackers have started moving their funds despite early hopes of a dialogue between the creators and the hackers
Get ‘Mentally Ready’ for Lower Bitcoin Prices as Rates Rise, Bitcoin 2022 Panelists Warn
8.4.2022
The macroeconomic landscape for bitcoin (BTC) could become more difficult to navigate as the US Federal Reserve continues to raise interest rates. However, bitcoin is the only way to transition to a new monetary standard, panelists at a discussion on the current macro backdrop at Bitcoin 2022...
JPMorgan CEO Jamie Dimon to Shareholders: Decentralized Finance, Blockchain Are Real
8.4.2022
JPMorgan Chase CEO Jamie Dimon sees decentralized finance (defi) and blockchain as real, new technologies that can be deployed in both private and public fashion. He also noted that JPMorgan is at the forefront of this innovation. JPMorgan’s Jamie Dimon Praises Defi and Blockchain JPMorgan...
Report: Facebook Eyes ‘Zuck Bucks’ And NFTs As It Loses Users To TikTok
7.4.2022
Facebook parent company Meta reportedly has plans to launch a new digital currency for the metaverse. Internally, employees at Meta are calling the unannounced currency “Zuck Bucks.” These new digital dollars won’t likely be connected to any kind of blockchain, but don’t worry; Meta, led by...
Grayscale CEO pleads Bitcoin spot ETF as SEC backs third BTC Futures ETF
7.4.2022
U.S. Securities and Exchange Commission has approved another Bitcoin futures ETF; could this mean a spot ETF is on its way?
Russia’s Sberbank Denies Involvement in Recently Launched ‘Sbercoin’
6.4.2022
Sberbank, the largest bank in the Russian Federation, has denied connection to a new cryptocurrency called “sbercoin.” The project is offering high returns to buyers of the token, which was launched shortly after Bank of Russia allowed Sberbank to issue digital currencies. Sbercoin...
GameStop Fans Dissect Chairman's Poop Tweet For Meme Stock Clues
6.4.2022
GameStop’s most enthusiastic investors don’t believe in the dying retailer. They believe in Ryan Cohen, its tech-savvy chairman and potential savior. If you want proof of the billionaire backer’s cult of personality, look no further than his post yesterday about poop.Read more
Yearn Finance advocates for the adoption of ERC-4626 tokenized vault standard
6.4.2022
The widely-popular DeFi protocol announced its support for the newly-passed ERC on Wednesday, stating that Yearn V3 plus ERC-4626 equals "Inevitable.”