Blossom Capital, the London-based venture capital firm founded by Candice Lo, Imran Ghory, Mike Hudack, and Ophelia Brown plans to dedicate more funds to the growing cryptocurrency ecosystem. On January 18, Blossom announced a new fund worth $432 million, and a third of the capital will be distributed to early-stage crypto firms. A Third of Blossom’s New $432 Million Fund…
This story comes out of PubDAO, a decentralized news wire. Throughout the 50-year history of home video gaming, games have been a diversion, something to take your mind off a hard day’s work. But now, a new generation of video games is using blockchain technologies like NFTs to reward gamers with cryptocurrency. In some countries, these “play-to-earn” games are already…
El Salvador, the first country to make Bitcoin (BTC) a legal tender has onboarded 4 million users for its government-backed BTC wallet Chivo in partnership with digital identity provider Netki, according to an announcement. Netki has announced that Chivo wallet onboarded over 4 million new users in 45 days using the company’s flagship KYC/AML product, OnboardID. The platform also claimed…
press release PRESS RELEASE. Curtis Sword, a 3D NFT ARPG mobile game on the blockchain, is excited to announce that it has fully launched on both Android and iOS. The project is the first GameFi-built game designed by the original “The Rise of Dragon” mobile game team. The game is the first large-scale 3D ARPG on the blockchain. Players can…
The Federal Security Service (FSB)—Russia’s domestic intelligence service—has said it has dismantled the REvil ransomware group at the request of the United States. The FSB reportedly conducted an operation that detained and charged several of the group’s members. One day later, a court in Moscow also detained six individuals described as suspected members of the group. What is REvil? REvil…
Nonfungible token (NFT) marketplace Metaplex has concluded a $46 million investment round to support its strategic pivot into metaverse applications — offering further evidence that existing blockchain networks were looking to capitalize on advances in Web3 technology. The investment round was co-led by venture firms Multicoin Capital and Jump Crypto, with additional participation from Solana Ventures, Alameda Research and Animoca…
In brief The Metaplex Foundation, which oversees the titular Solana NFT protocol, has raised $46 million in funding. Co-led by Multicoin Capital and Jump Crypto, the round also features participation from NBA legend Michael Jordan, among other investors. Solana emerged as an alternative NFT network to Ethereum last fall and saw surging interest as the overall NFT market swelled. Now,…
The Solana (SOL) network is ready to see the mainnet launch for another decentralized finance (DeFi) protocol, aimed at Web3 development and backed by bigshots from the crypto industry. Hubble Protocol, a project aiming to develop a censorship-resistant crypto-backed stablecoin among other DeFi services, has raised $10 million from Three Arrows / DeFiance Capital, Delphi Digital, Digital Currency Group (DCG),…
Cash App—a mobile payments app developed by Jack Dorsey’s Block (formerly Square)—is making the Lightning Network, a layer-2 solution that speeds up Bitcoin transactions, available to users in the United States. “Rolling out in the coming weeks, Cash App customers in the United States will be able to use the Lightning Network to send Bitcoin for free to anyone, anywhere…
One of the most common requests we receive from customers is to be able to trade more assets on our platform. As we continue to add assets to our exchange and platforms we have decided that we will no longer post individual blog posts and will only use Twitter to announce new asset listings. Please make sure to follow @CoinbaseAssets…
