African cross-border payments app Chipper Cash has raised $150 million in a Series C extension round led by bitcoin exchange FTX, leading the money transmitting app to a $2 billion valuation, reported TechCrunch. Chipper, which is used in seven African countries, has ventured into the U.K. and U.S. markets in recent months, enabling a new remittances option. “Chipper Cash is…
Sports footwear and apparel manufacturer Nike is exploring the design of virtual materials featuring its iconic logo and slogan. According to records submitted to the United States Patent and Trademark Office on Wednesday, Nike has filedapplications for its namesake, swoosh logo and “just do it” slogan to be used in virtual goods for its entertainment services, retail stores and “for…
Bullish volatility is on the rise and the newfound bullish momentum saw multiple tokens breakout to fresh all-time highs as traders scramble to identify which coin might be the next to embark on a moon mission. As Bitcoin price rallied to $64,000, Ether (ETH) reached a new record high at $4,523. The move comes just days after the successfulAltair upgrade…
Miami Mayor Francis Suarez will take the entirety of his next paycheck in BTC. “I’m going to take my next paycheck 100% in bitcoin,” tweeted Suarez. Suarez’s move marks a first in U.S. politics. The Miami Mayor Francis Suarez has committed to taking his next paycheck fully in bitcoin, becoming the first known U.S. politician to make such a move.…
Microsoft has announced 3D avatars and immersive virtual environments for meetings, per The Verge and others. We got hit by meeting fatigue in the virtual world, said Nicole Herskowitz, Microsoft Teams general manager during an interview with The Verge. After 30 or 40 minutes max in a meeting, it was very hard to stay engaged and focused, she added. The…
On Tuesday, the world’s largest financial derivatives exchange, Chicago Mercantile Exchange (CME) Group, announced the upcoming launch of ethereum-based micro futures slated to be listed on December 6. The launch follows CME Group’s bitcoin micro futures listing in May, which saw 100,000 micro bitcoin futures traded during the first six days after launch. CME to Launch Micro Ether Futures Pending…
In a tweet posted by the Cardano Foundation on Monday, the number of Cardano (ADA) wallets has surpassed the 2 million mark. The network reached the previous milestone of 1 million ADA wallets on May 22, 2021. During that period, the Cardano Foundation successfully implemented the Alonzo hard fork, enabling smart contracts on its network. Meanwhile, Charles Hoskinson, Cardano’s founder,…
Thailands oldest bank plans to become the majority shareholder of one the largest crypto exchanges in the country after a $536.7 million purchase. According to a Nov. 2 announcement, Siam Commercial Banks SCB X Group is expected to buy a 51% stake in Thailand-based crypto exchange Bitkub for 17.85 billion baht, or roughly $536.7 million, by the second quarter of…
Polkadot (DOT) looks poised to rally toward $100 in the coming sessions as it triggers a classic bullish reversal setup. Dubbed Inverse Head and Shoulders (IH&S), the technical structure appears when an instrument forms three troughs in a row, with the middle one, called the Head, being the lowest, and the other two known as the right and left shoulders…
Nick Clegg, VicePresident for Global Affairs and Communications at Meta Platforms, spoke at Lisbons Web Summit 2021 during a panel on Facebook and innovation in Europe. The worlds biggest tech conference has returned to a physical setting following a two-year, Covid-induced virtual hiatus. The event is showcasing an illustrious list of entrepreneurs, organizations and influencers at the cutting-edge of their…
