The Bitcoin Frontier Fund, formerly Stacks Ventures, launched what it’s calling the first Bitcoin Ordinals accelerator program on Aug. 14. Program Information This program is led by VC @TO & is a 4-month program for builders to raise funding, connect with mentors, & be guided by the best in the industry (sneak peak below). It will help with co-founder relationships,…
Artificial intelligence startup Anthropic has secured $100 million in funding from SK Telecom (SKT), a leading player in the South Korean telecommunications sector. “By combining our Korean language-based LLM with Anthropic’s strong AI capabilities, we expect to create synergy and gain leadership in the AI ecosystem together with our global telco partners,” said the firm’s CEO Ryu Young-sang in a press…
Bitcoin (BTC) has been stuck inside a tight range in August. Glassnode lead on-chain analyst Checkmate highlighted that the spread between the upper and lower Bollinger Bands for Bitcoin has shrunk to 2.9%, its third tightest ever. Typically, periods of low volatility are followed by a range expansion. The longer the time spent inside a range, the stronger the eventual…
Decrypt’s Jason Nelson talks to Aurory’s Head of Marketing and Business Development Michael Natoli about the origins of the Aurory crypto games at the Solana PlayGG event. Source: https://decrypt.co/videos/interviews/O0S201TB/aurorys-origin-story-how-jrpgs-inspired-the-games
CoinDesk is reportedly planning layoffs in its editorial department ahead of the sale of a stake in the publication to investors, according to media reports. TechCrunch wrote that CoinDesk CEO Kevin Worth sent an internal email warning that “several roles, predominantly in our media team, were impacted by a reduction in force.” Other sources estimated the staff reduction at 16%…
Prominent casual and mobile game publisher Zynga announced today that its first blockchain game is called Sugartown, which will utilize Ethereum NFTs. In Sugartown, three farm animals have opened a wormhole from another dimension. Creatures called Oras have crossed through this wormhole and turned Sugartown into a fun, gamified world. The game will be released at “a later date” and…
Now more than ever, Kraken remains deeply committed to Canada. But our commitment to the Great White North isn’t just hype. It’s a relationship that stretches back to the earliest days of Bitcoin itself. The early years Kraken’s Canada story begins in 2011 – the year CaVirtEx, an early Canadian crypto trading platform based in Calgary, first opened its doors.…
Crypto exchange Coinbase has announced it’s finally landing in Canada, expanding its already impressive stronghold on the North American market. In a bid to onboard new users, Coinbase will also offer Canadian nationals a free 30-day trial to its newly launched subscription service Coinbase One. The service, which focuses on staking, also features zero trading fees and priority customer support.…
By unveiling its stablecoin, PayPal is attempting to claim a share of the growing cryptocurrency market. The company says that PYUSD will be able to support quick fund transfers for various purposes, such as remittances. PayPal has also indicated that the new cryptocurrency will be compatible with Web3 environments and will eventually be available on Venmo. The move to support…
An individual, identified only as Mr. Chen, has been convicted by the Fuzhou Mawei People’s Procuratorate on charges of “offense of concealment and concealment of crime” for purchasing 94,988 ($13,067) Chinese Yuan worth of Tether (USDT) for an acquaintance. According to local news reports, Mr. Chen was contacted by Mr. Lin, his acquaintance, around February 2022 to post his bank…
