In a seed-funding round led by Andreessen Horowitz, blockchain gaming startup Azra Games has raised $15 million to develop its flagship play-and-earn RPG title, “Project Arcanas.” NFX, Coinbase Ventures, Play Ventures, and Franklin Templeton also participated in the round. “Project Arcanas” will be an RPG with plenty of NFTs, which are unique blockchain tokens that signify ownership. In the case…
Official records show Do Kwon dissolved Terraform Labs Korea, closing down its headquarters and sole branch just days before the collapse of terra crypto (LUNA) and stablecoin terrausd (UST). Do Kwon Shut Down Terraform Labs Korea Before UST and LUNA Fallout Terraform Labs founder Do Kwon reportedly closed down his company in Korea days before the collapse of cryptocurrency terra…
Michael Barr, a law professor and former advisory board member of Ripple Labs who is United States President Joe Biden’s pick for vice chair for supervision at the Federal Reserve, called for U.S. lawmakers to regulate stablecoins in an effort to address “financial stability risks.” In a confirmation hearing before the Senate Banking Committee on Thursday, Barr said innovative technologies…
UnicornDAO announced today the raise of $4.5 million led by ConsenSys Mesh, Bored Ape Yacht Club creators Yuga Labs, and others. The funds will go toward supporting artists who identify as women and/or LGBTQ+. Launched in March 2022 by Pussy Riot’s Nadya Tolokonnikova alongside John Caldwell and Rebecca Lamis, UnicornDAO calls itself “a feminist movement that consists of Web3 native…
press release PRESS RELEASE. Binance is a curious company. the world’s largest cryptocurrency exchange, it also has no official headquarters and operates outside regulatory control. But that may not stop its step. Binance.US raised funding at a $4.5bn valuation this month, providing a new case for Binance enthusiasts. Today, they can share the exciting news that Freedom Protocol has set…
Bitcoin (BTC) support at the $30,000 level has proven to be quite resilient amidst the turmoil of the past two weeks with many tokens in the top 100 now showing signs of consolidation after prices bounced off their recent lows. Fear & Greed Index. Source: Alternative.me During high volatility and sell-offs, it’s difficult to take a contrarian view and traders…
In brief The “difficulty bomb” will start slowing down the current Ethereum network. Ethereum devs are hoping to transition to proof of stake quickly, which would negate the need for an update to delay the bomb. Don’t get your hopes up too much, but Ethereum’s move to proof of stake could be in the cards for this summer. Ethereum core…
Wasabi Wallet versus Samourai Wallet has been one of the longest running feuds in this ecosystem. Privacy on Bitcoin is a very vital property, with a lot of work having gone into providing solutions to date, as well as a lot of work left to do in improving it. I personally think the feud and the consequences of it are…
The president of Panama, Laurentino Cortizo, has declared he will not sign the recently approved cryptocurrency bill passed by the National Assembly of the country in its current form. Cortizo stated that one of his main concerns about the bill is the stance it takes regarding money laundering activities and crypto. Cortizo may approve some parts of the bill while…
The top financial officials from the Group of Seven (G7) largest advanced industrial economies has called on the Financial Stability Board to speed up crypto-asset regulation, Reuters reported Thursday, citing a copy of a communique it had obtained. The officials from Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States were meeting in Koenigswinter, Germany, following a…
