According to a press release published on Jan. 18, U.S.-based capital markets advisory and token offering platform Deal Box has launched a new $125 million venture capital arm dedicated to blockchain and Web 3.0 startups. The fund, dubbed Deal Box Ventures, will invest in companies categorized in the emerging growth, real estate, fintech, funtech, and social impact fields. Commenting on…
Month: January 2023
Bitcoin sees new 4-month high as US PPI, retail data posts ‘big misses’
Bitcoin (BTC) set yet another multi-month high before the Jan. 18 Wall Street open as United States macroeconomic data fell far wide of expectations. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView U.S. PPI numbers fall wide of the mark Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking to $21,646 on Bitstamp. A subsequent correction saw the pair moving…
Metahood Raises $3M to Build the Zillow of the Metaverse
Metaverse hype peaked early last year, but if the future internet does turn out to be a place where the masses are going to own digital property and establish businesses, then they’re going to need a property sales platform made for more than just speculative flipping. In other words, a Zillow or Redfin for the burgeoning metaverse. That’s what Metahood…
FTX Discovers $5.5B in Liquid Assets — Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate – Bitcoin News
On Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the firm’s current administrators have discovered $5.5 billion of liquid assets to date. Top-level executives, including the new FTX CEO and chief restructuring officer, John J. Ray III, met with the bankruptcy case’s committee of unsecured creditors to share the news. FTX Uncovers $5.5…
Hall of Flame – Cointelegraph Magazine
Name: Mason Versluis — aka “Crypto Mason” Anonymous: No Twitter followers: 146.2K Known for: Garnering over 1 million followers on social media before he could legally drink in the United States Who is this guy anyway? Mason Versluis may only be 22 years old, but he’s already a full-time crypto influencer thanks to his wise old father introducing him to…
CBDCs need to find a ‘real problem’ to solve, says SARB governor
South African Reserve Bank (SARB) governor Lesetja Kganyago highlighted issues surrounding the introduction of central bank digital currencies (CBDCs) at the World Economic Forum (WEF) 2023, held in Davos, Switzerland. In a WEF 2023 panel discussion dubbed “In the Face of Fragility: Central Bank Digital Currencies” Kganyago voiced his opinions on CBDCs and questioned if there’s a real problem solved…
Bitget Leads Drive for Crypto Exchange Security With $300M Protection Fund
Regulators have been sharpening their pencils after the spectacular fall from grace of the FTX crypto exchange. Its alleged misuse of client assets left up to a million users out of pocket and the aftermath has shaken the industry. New rules to rein in crypto exchanges are already on the cards in the European Union (EU), the UK, and beyond.…
The Sandbox, Nouns, Dippies, YuGiYn and more collections added to Kraken NFT
We’re thrilled to announce that we have added seven new NFT collections to Kraken NFT for our current beta testers to explore, collect and trade. After revealing dozens of NFT collections over the past few weeks, we carefully selected these new collections so you can continue to build the NFT collection of your dreams with zero gas fees.* We will…
You Can Now Earn Bitcoin By Playing Chess on Your Phone
Looking to bridge the gap between Web3 and mobile gaming, mobile payment firm Zebedee and mobile game studio Viker announced on Wednesday the launch of two new play-to-earn games, Bitcoin Chess and Bitcoin Scratch, a digital scratch-card game. Launched in October 2019, Zebedee is a Bitcoin-focused gaming infrastructure company that releases Bitcoin-centric games through its mobile app. Bitcoin Chess and…
Crypto miner explains how Bitcoin mining stabilizes grids
2022 was “the perfect storm” for Bitcoin (BTC) miners, according to Jaime Leverton, CEO of Hut8 mining, one of the largest crypto miners and digital asset experts in the space. Leverton sat down with Gareth Jenkinson, senior reporter at Cointelegraph, in an interview at the World Economic Forum in Davos, Switzerland. Topics included were the 2022 bear market, Web3 diversification…