Polygon raises $450M in Sequoia-led funding round
Blockchain venture funds are shifting their focus to Web3 development and are placing greater emphasis on scalability. Go to Source Powered by WPeMatico
Month: February 2022
‘Wave of litigation’ to hit NFT space as copyright issues abound
As the NFT industry grows with increasing market penetration, research and consumer education are key to the domain’s evolution. Go to Source Powered by WPeMatico
Price analysis 2/7: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX
Bitcoin and several altcoins are close to strong resistance levels, which may result in a minor pullback in the short term. Go to Source Powered by WPeMatico
The Miner Capitulation Number: A Look at When Bitcoin’s Price Crashed Below the Cost of Production
Over the last 30 days, Bitcoin’s hashrate has been coasting along at the highest levels ever recorded during the network’s lifetime. Bitcoin’s price improved recently but it is still down 38% from the crypto asset’s high, making bitcoin less profitable to mine. However, bitcoin mining is still profitable, in contrast to ten years ago, when … Read more
Privacy-focused applications platform Aleo raises $200M
Aleo will use the funds to support developers in building applications within its private and scalable platform. Go to Source Powered by WPeMatico
CryptoAltum Launches Zero Fee ‘CryptoConvert’ and Lists Doge and Shiba on MT5
PRESS RELEASE. When it comes to the cryptocurrency industry, it is absolutely vital to be able to convert one cryptocurrency, token or coin for another in an effective, seamless and easy to understand fashion. After all, it is this conversion ability that makes the crypto sector so attractive, as individuals often want and need the … Read more
Swiss BSV to establish blockchain academy in the Middle East
The BSV association and SDA will collaborate through the new blockchain academy in Riyadh to provide blockchain learning and development resources. Go to Source Powered by WPeMatico
Tesla held $2B of Bitcoin as of late 2021, SEC filing reveals
Tesla recorded $101 million of impairment losses on Bitcoin in 2021, with the carrying value accounting for $1.26 billion. Go to Source Powered by WPeMatico
Nigerian Blockchain Advocacy Group Says ‘Crypto Is Legit’ — Calls for Regulation of Industry
The Nigerian blockchain advocacy group, the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN), has said crypto is legit and must be regulated. The group adds that any such regulation should on one hand encourage innovation, but discourage bad actors on the other. Equal Access to Banking and Financial Services The Nigerian blockchain advocacy group, … Read more
Former Manchester United players to launch soccer-centric DAO
The Singapore billionaire duo has vast experience in sports and blockchain investments and has already launched a similar product endorsed by Cristiano Ronaldo. Go to Source Powered by WPeMatico