Arcade, a platform that allows users to utilize nonfungible tokens (NFTs) as loan collateral, has raised $15 million in a Series A funding round with participation from Pantera Capital. In a Wednesday announcement, Arcade said Pantera, Castle Island Ventures, Franklin Templeton Blockchain Fund, Golden Tree Asset Management, Eniac Ventures, Protofund, Probably Nothing Capital and Lemniscap in addition to angel investors…
In brief Uniswap is one of the most popular decentralized applications on Ethereum. Its users voted to put the protocol on Polygon as well to help reduce transaction costs. The promise of decentralized finance—blockchain-based tools for lending, borrowing, and trading—has been that it would open up savings and investment to people locked out of the financial system. But try telling…
sponsored December 20, 2021: Seedify and Gamefi are the top gaming launchpads in the blockchain sector. ERTHA is pleased to have launched there and sold out the community pools in 53 and 32 seconds respectively. To back up, ERTHA metaverse is Heroes of Might and Magic game-type inspired economic and social life built on Binance Smart Chain. Users can explore…
On Tuesday, Solana nonfungible token (NFT) project Monkey Kingdom, which has received notable backing from American DJ Steve Aoki, announced via Twitter that hackers made off with $1.3 million of the community’s crypto funds through a security breach on Discord. According to its developers, the hack first occurred with the breach of Grape, a popular solution for verifying users on…
The Orlando, Florida-based Stratos Jet Charters Inc. has announced the company has partnered with FTX US and the collaboration will make it so Stratos Jet customers can pay for services with crypto payments via FTX Pay. The CEO of Stratos Jet says the company has been in search of a crypto partner and noted that FTX was an “ideal fit.”…
In brief Donald Trump is still skeptical of cryptocurrency, warning in a new interview that it could be “a very dangerous thing.” His wife, Melania Trump, just released a Solana NFT that can only be purchased with cryptocurrency. Former United States President Donald Trump renewed his criticism of cryptocurrency in an interview on Fox Business this week, calling it a…
This is the third installment in Okcoin’s “I am Satoshi” series, profiles of Salvadorans during the transition to bitcoin as legal tender. Read the first about Elina Marchenko’s visit with Enrique Barrios of Bitcoin Smiles. “I can’t believe I’m reading about El Salvador in the Wall Street Journal!” As I read that email from a friend, it struck me how…
Crypto assets started the year with a rally, slumped over the summer, rallied again in autumn and are currently in a rut heading into the end of 2021. The top two coins by market cap, Bitcoin and Ethereum, both hit all-time highs in 2021 and are ending the year up 67% and 450%, respectively—barring a giant crash in the final…
Listen To This Episode: Art and Bitcoin — both draw in some of the most creative minds in the world. I discussed this and more interesting intersections with Bitcoin Magazine’s PhoenixBTC. We touched on how bitcoin affects time preference, and how Bitcoiners can be more receptive to newcomers to the space. Finally, we talked about what Phoenix was excited for…
The popularity of cryptocurrencies in economically embattled Turkey has continued to surge with the number of daily trades now surpassing one million, a report has said. This surge in trades has been attributed to the depreciating lira which plunged to a new low against the USD on December 20. Lira Plunges Cryptocurrency trades in inflation-stricken Turkey have surged to above…
