The National Football League and the NFL Players Association have partnered with Mythical Games to develop a blockchain game with NFTs called NFL Rivals. The fantasy football game—where users act as an NFL team’s general manager—will feature all 32 teams and all league players as tradeable NFTs. The game will primarily focus on team building and leveling up with NFTs—unique…
Month: May 2022
What is NFT staking and how to earn income from NFTs?
We all know about staking cryptocurrencies, whereby you make a return on your investment. Nowadays, you can also make money by staking your nonfungible tokens (NFTs)! By staking your nonfungible tokens (NFTs) on NFT staking platforms, you can make additional returns on your investment. NFTs have become even more attractive due to this development. More and more people are looking…
StarkWare nets $100M as investors bank on layer-2 success
Ethereum (ETH) layer-2 developer StarkWare has raised a further $100 million in its latest fundraising round despite the prevailing downturn in cryptocurrency markets. StarkWare’s series D fundraising round sees the firm’s valuation up to $8 billion, marking a four-fold increase in value just six months after its Series C round in November 2021. Tech investment firm Greenoaks Capital led the…
Korean watchdog begins risk assessment of crypto as Terra 2.0 passes vote
The Korean Financial Supervisory Service (FSS) has announced that it will be standardizing the way in which virtual asset risk is assessed. According to a local news report, this is because it is currently tough to safeguard investors due to the many ways that risk is measured for each virtual asset exchange. While the FSS’s standardization efforts are still in…
Bitcoin price bottom signals flash as ‘fear and greed’ index matches March 2020 lows
Bitcoin (BTC) has fallen by over 67% in 2022 and is now wobbling between a tight trading range defined by $28,000 as interim support and $30,500 as interim resistance. The selloff appears in the wake of the Federal Reserve’s hawkish policy and the uncertainties in the crypto market led by Terra, an algorithmic stablecoin project whose native token LUNA fell…
The Metaverse Might Contribute $320 Billion to Latam’s GDP in the Next 10 Years – Metaverse Bitcoin News
A new report indicates that the metaverse might be a significant factor in the growth of economies in Latam and the world in the coming decade. The study, issued by Analysis Group, estimates that Latam might benefit from a surge of $320 billion or an approximate 5% of its GDP, in the next 10 years. This is the biggest percentage…
Satoshi Nakamoto could be a woman, says Meta VP Nicola Mendelsohn
The fourth day of the ongoing World Economic Forum (WEF) saw major discussion around the role of women in Web3 and how the decentralized ecosystem is the place for inclusiveness. Women are investing in crypto at half the rate of men. Join us at #WEF22 to hear about solutions we can implement to get women at the forefront of this…
Latest updates from the Cointelegraph Davos team
Disclaimer: This article is being updated all day long. All timestamps are in the UTC time zone, with updates in reverse order (the latest update is placed at the top). WEF 2022, the first in-person World Economic Forum event since the pandemic started, continues to bridge traditional finance with the future of money on its third day. The Cointelegraph ground…
Stripe Taps OpenNode, Lightning Network to Resume Bitcoin Payments
Bitcoin is back on Stripe. The payments company has announced that customers will once again be able to convert incoming payments or any balances into Bitcoin four years after suspending the service. This time, Stripe’s Bitcoin transactions will be powered by an app created in partnership with OpenNode. The crypto startup leverages the Lightning Network, a Bitcoin scaling solution that…
Ariva Celebrates 1st Year Anniversary With Impressive Achievements in the Blockchain Industry – Press release Bitcoin News
press release PRESS RELEASE. Ariva, a next-generation tourism & travel blockchain protocol, celebrated the first anniversary of its launch on May 25, 2022. This development marks an impressive milestone for the blockchain project that has taken the tourism sector by storm in recent months. Ariva launches reward program to celebrate 1st anniversary Ariva has announced a giveaway campaign to celebrate…