NFT game creator flips Axie Infinity virtual land for 9,200% gain in one year
Illuvium co-founder Kieran Warwick has sold a virtual land plot in Axie Infinity for $28,000 after purchasing it last year for $300. Go to Source Powered by WPeMatico
Month: July 2021
Busta Rhymes Talks Cryptocurrencies, Rappers Asks Fans if He Should ‘Buy In’
Trevor George Smith Jr., professionally as Busta Rhymes asked his 3.8 million followers on Twitter what they think about cryptocurrencies. Rhymes questioned if anyone was into crypto and how people were feeling about digital currencies at the moment. Busta Rhymes Asks If He Should Buy Crypto The American rapper, songwriter, record producer, and actor, Busta … Read more
Fantasy soccer NFT platform Sorare reportedly closing in on $532M in funding
Sorare is reportedly closing in a half a billion dollar funding round with a valuation of at least $3.8 billion. Go to Source Powered by WPeMatico
Could You Build a Better Way to Wiki? Free TON Launches Contest With Over $80,000 in Crypto
Free TON, a decentralized international community of developers and enthusiasts, have launched a brand-new contest to rework the Wikipedia Governance model, and there are thousands of dollars worth of rewards on offer. Freecyclopedia Wikipedia currently boasts over twenty-one million individual articles, and while many last minute homework reports may have been saved by the dusty … Read more
DOGE attack: Co-founder slams crypto as ‘right-wing hyper-capitalist’ tech
The crypto industry is controlled by a “powerful cartel of wealthy figures” according to Jackson Palmer. Go to Source Powered by WPeMatico
‘DeFi Education Fund’ defends controversial $10.2M UNI liquidation
The DeFi Education Fund has defended its shock liquidation of $10 million in UNI, claiming the move was necessary to “begin its work and fund future operations.” Go to Source Powered by WPeMatico
NFL’s Saquon Barkley converting endorsements to BTC to create ‘generational wealth’
Saquon Barkley will use Strike to convert all of his endorsements into Bitcoin, and noted that he became interested in BTC after researching inflation. Go to Source Powered by WPeMatico
France Proposes EU-Wide Cryptocurrency Regulation
France has proposed giving more power to the Paris-based European Securities and Markets Authority (ESMA) and making it responsible for cryptocurrency oversight. French regulators say cryptocurrencies need EU-wide regulation. EU-Wide Crypto Regulation With ESMA as Main Supervisor France proposed Tuesday that the EU governments give the responsibility of regulating cryptocurrencies to the pan-European markets watchdog, … Read more
Green miner Bitfarms’ production up 50% after China ban, as Compass goes nuclear
Bitfarms is producing more BTC at a lower cost due to the drop in difficulty. Go to Source Powered by WPeMatico
Visa to Approve Cryptocurrency Card by Australian Startup
Visa is reportedly set to approve Australian crypto startup Cryptospend’s issuance of debit cards for spending bitcoin and several other cryptocurrencies. “We have a lot of demand for the card,” the company claims. Global card giant Visa is expected to announce later this week the approval of the issuance of a physical debit card that … Read more