A mix of fundamental, on-chain and technical catalysts has driven the CHZ price to its best levels since April 2022. What’s next? The price of Chiliz (CHZ) has surged by approximately 35% week-to-date (WTD) to reach $0.26 per token on Aug. 24. In doing so, the token has outperformed Bitcoin (BTC) and Ether (ETH), which…
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The AI-generated avatar creation cross-platform for the metaverse, Ready Player Me, has raised $56 million in a Series B funding round led by Andreessen Horowitz (a16z). The startup’s co-founder and CEO Timmu Tõke says the funding will be used to scale the cross-platform metaverse avatar system. Investors Inject Ready Player Me With Fresh Capital, CEO…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: MEW Launches NFT Manager, Hodlnaut Denies Police Investigation, Influencer Hodlonaut Receives BTC 52 in Donations Ahead of ‘Faketoshi’ Battle + More News Read more »Sign up for e-EUR – the progressive…
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Instead of operating in darkness, more players in the financial industry should move their transactions to the blockchain, where every move is public. While mainstream coverage of cryptocurrency has been overwhelmingly negative in the wake of the collapse of the Terra ecosystem, the bankruptcy of Celsius and the fall of Three Arrows Capital, these events…
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The Mayor of one of Japan’s biggest cities has paid a visit to the San Francisco headquarters of Ripple – further strengthening the ties between Japan and the American crypto firm. In a Twitter post last week, Emi Yoshikawa, the Ripple Vice President of Strategy and Operations posted a photo of herself with Fukuoka Mayor…
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A slew of major South Korean securities companies – many of which may be affiliated with major commercial banks and business groups – could be set to launch crypto exchange platforms as early as next year. Per Newspim, “seven large domestic securities companies” have already applied to financial regulators for “preliminary approval” – and hope…
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The investment management giant Invesco has launched a metaverse fund that will invest in a myriad of startups focused on metaverse technology, a Citywire report detailed on Monday. “We will seek to capitalise on these opportunities through a highly selective, valuation-conscious approach,” Tony Roberts, Invesco’s fund manager, explained. Invesco Reveals Metaverse Fund — Investment Manager…
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Crypto adoption should be about more than speculative trading outside of your regular bank account. The total value locked in decentralized finance (DeFi) projects is hovering around $62 billion as of mid-August, down from a peak of over $250 billion in December 2021. Capital is fleeing the crypto space amid war, soaring inflation and whatever…
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Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, has officially released the intellectual property (IP) rights tied to the Cryptopunks and Meebits NFTs. The company acquired the IP rights to the NFT collections in mid-March 2022, and owners can use their NFTs for commercial or personal purposes. Yuga…
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What makes Ethereum a reliable mode of payment? Find what makes Ether qualify as money, its advantages and the process of accepting ETH payments. Is there a possibility of a refund like traditional banks? If an ETH transaction fails or someone mistakenly sends it a wrong address, is there a provision of a refund? Ethereum…
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