Microsoft leads startup Palm NFT Studio’s $27M series B round
M12 adds early-stage Palm NFT Studio to its portfolio with participation from venture firm Griffin Gaming Partners. Go to Source Powered by WPeMatico
DIGIT
Analysts say Bitcoin’s behavior at $47.5K mirrors the pre-breakout 2017 market
Bitcoin price succumbed to another wave of selling, but analysts say the current market structure at $47,500 mirrors the early bull-market from 2017. Go to Source Powered by WPeMatico
Reddit Introduces ETH-Based Community Points Beta Program With Custom Tokens for Subreddits
The popular forum and news aggregation web portal Reddit has revealed the firm’s Community Points beta program where Reddit users can “own a piece” of their community with “custom tokens” for subreddits. Blockchain-Backed Reddit Community Points: ‘The First Step Towards a Different Future for Online Communities’ At the end of July, Reddit announced that the … Read more
Crypto Biz: Smart money ignores BTC price correction as $800M set to flow into blockchain startups, Dec. 9
Crypto- and blockchain-focused capital raises continue to make headlines as venture funds look to support the emergence of Web 3.0. Go to Source Powered by WPeMatico
Ross Ulbricht’s debut NFT sold for $6.2M at auction
FreeRossDAO buys the Silk Founder’s NFT created from prison and auctioned off via SuperRare to fund future efforts to free Ulbricht. Go to Source Powered by WPeMatico
Central Banks of France, Switzerland and BIS Complete Cross-Border CBDC Trial
Bank of France, the Swiss National Bank (SNB), and the Bank for International Settlements have successfully tested the application of wholesale central bank digital currency in cross-border payments. The project used distributed ledger technology and was realized with help from private firms. France and Switzerland Explore Direct Transfer of Euro, Swiss Franc Wholesale Digital Currencies … Read more
MicroStrategy purchases $82M in Bitcoin, now holds 122,478 coins
MicroStrategy’s holdings are valued at more than $5.9 billion, representing more than $2.2 billion in gains since its initial purchase in August 2020. Go to Source Powered by WPeMatico
Contentos Price Up 32%, Biggest Gainer on Crypto.com
Contentos price is up over 32% today, making it the biggest gainer on Crypto.com. With a market cap of $115 million and a 24-hour trading volume of $164 million, Contentos is building up momentum today. Let’s look at Contentos and its COS token and see why the price is rising today. What Is Contentos? Contentos … Read more
SushiSwap CTO resigns citing internal structural chaos
“I am now going to take a one-month vacation with my wife and kids and go build my next project. Long live Sushi,” said Joseph Delong. Go to Source Powered by WPeMatico
Semiotic AI granted $60 million by The Graph Foundation to support ecosystem growth
Semiotic AI will become the third core protocol developer to join the Web 3 network this year, and is set to enhance security, scalability and economic efficient on the platform through the use of emerging technologies. Go to Source Powered by WPeMatico
