Like DeFi in 2020, gaming is considered by many to be the next major growth play for the blockchain industry in 2022. Crypto-focused venture firm Framework Ventures has raised $400 million in new funding to invest in early-stage companies across the Web3, blockchain gaming and decentralized finance (DeFi) industries. The completed raise will go towards…
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SpaceVerse was defined as “a secure digital metaverse that converges terrestrial and space physical and digital realities” as well as provides a simulated environment for training. The United States Air Force has filed a trademark application hinting at the military branch potentially expanding into the metaverse. According to a Thursday application submitted to the U.S.…
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Shiba Inu still remains a whale favorite going by the activities of the top Ethereum whales in recent days. These whales seem to be undeterred by the low prices of the meme coin and rather continue to buy the digital asset in the millions. The latest purchase from an Ethereum whale has the community at…
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Major international crypto exchange KuCoin has launched a USD 100m fund to support artists behind early-stage non-fungible token (NFT) projects across a variety of niches…. Read More: KuCoin Launches USD 100M NFT Fund to Empower Artists, Lower Barriers for Users Read more »Pay, Trade, Buy Bitcoin with Credit Card
Quantum computer simulations conducted by researchers at quantum computing startup Multiverse Computing and the Bank of Canada have shown that crypto adoption among merchants can spread in “cliques of firms”, as individual firms generally base decisions on what their partners do…. Read More: Quantum Simulations Predict that Merchant Crypto Adoption Could Spread in ‘Cliques’…
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Decentralized finance offers a mix of risks and benefits as it forms interconnections with traditional finance, the International Monetary Fund finds in a new report. According to the International Monetary Fund’s Global Financial Stability report released Tuesday, the war in Ukraine — following hard on the heels of the coronavirus pandemic — has led to…
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PRESS RELEASE. Bittrex Global, a leading digital asset exchange, welcomes the YellowHeart Protocol, an NFT platform poised to disrupt the ticketing and music industries, to its Initial Exchange Offering (IEO) platform, Bittrex Global Starting Block. By using blockchain technologies, the YellowHeart Protocol is transforming what tickets can do and how they are created, sold and…
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Australia is set to get its first bitcoin exchange-traded fund (ETF) after a report suggested the country’s clearinghouse, ASX Clear, confirmed that four market participants agreed to meet its stringent margin requirements. ASX Clear’s Margin Requirements An Australian clearinghouse controlling access to the country’s equity capital markets, ASX Clear, is expected to approve a bitcoin…
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The internet entrepreneur and former CEO of Twitter, Jack Dorsey, claims if developers are building on Ethereum they have “at least one, if not many, single points of failure.” The statement was in response to Vitalik Buterin’s commentary concerning Elon Musk running Twitter. Former Twitter CEO Criticizes Projects Building on Ethereum Jack Dorsey doesn’t seem…
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The 12th president of the Federal Reserve Bank of St. Louis, James Bullard, thinks the U.S. central bank can increase the benchmark bank interest rate by 75 basis points this year. Bullard believes the Fed could raise rates to 3.5% by the fourth quarter of 2022 to combat the red hot inflation plaguing the U.S…
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