Mythical Games announces $150M raise as the company expands into NFTs
The game developer’s total valuation is now $1.25 Billion, following a successful raise. Go to Source Powered by WPeMatico
Cryptocurrencies
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Layer-2 and multi-chain DeFi platforms see record inflows as Ethereum fees soar
Since October, Multi-chain compatible DeFi platforms saw record inflows as investors and developers attempted to avoid the Ethereum network due to soaring gas fees. Go to Source Powered by WPeMatico
Risk Harbor set to take over decentralized insurance protocol Ozone on Terra network
The peer-to-peer insurance service provides DeFi users coverage in case of technical glitches on the Terra blockchain. Go to Source Powered by WPeMatico
Hawkish Fed comments and fears of stablecoin regulation spark market sell-off
BTC, ETH and altcoins saw a slight pullback a day after the Federal Reserve signaled that its monetary policy is subject to cool off soon. Go to Source Powered by WPeMatico
Russian Government to Track Crypto Transactions With Help From Anti-Drug Organization
Russian institutions have responded to a call from а public movement for joint efforts to identify cryptocurrency transfers related to drug trade. The anti-drug organization, Stopnarkotik, recently asked the interior ministry and the central bank to investigate alleged connections between U.S.-sanctioned crypto exchange Suex and a darknet market operating in the region. Russian Authorities Respond … Read more
India’s top payment firm Paytm reportedly considers Bitcoin services
In India, the regulatory environment surrounding Bitcoin is still in a “grey area.” Go to Source Powered by WPeMatico
Ex-Wall Street execs lead new Bitcoin mining firm as US hash rate soars
PrimeBlock’s CEO was involved in the $98 billion direct listing for Coinbase that Goldman Sachs was leading. Go to Source Powered by WPeMatico
Kevin Durant’s new SPAC firm to focus on crypto and blockchain
Brooklyn Nets star Kevin Durant has been inducted into the “blank check” hall of fame. Go to Source Powered by WPeMatico
Endaoment raises $7M for nonprofits in its first year as crypto donations thrive
Charities are becoming more receptive to crypto donations thanks to the mainstream adoption of Bitcoin and other digital assets. Go to Source Powered by WPeMatico
Kazakhstan President Demands ‘Urgent’ Regulation of Crypto Mining Amid Power Shortages
Facing an electricity deficit largely blamed on cryptocurrency miners, Kazakhstan is trying to avoid an energy crisis this winter. The president of the country has insisted on the need to maintain power supply for the industry and population, calling for urgent legal regulation of the expanding coin minting sector. President Tokaev Calls for Legislative Regulation … Read more