Bluzelle, a decentralized storage network, has announced the release of its mainnet R2 file storage system designed to enhance the decentralization of nonfungible tokens (NFT) and their corresponding data. The solution was created amid the rise in concerns around the lack of immutability on the InterPlanetary File System (IPFS) protocol, a relatively undiscussed model of storage that currently serves as…
October was dubbed UPtober” by many in the crypto market as the price of bitcoin, ether and other cryptoassets raced to new all-time highs. In its latest report Up, Up and Away, the Kraken Intelligence team examines the factors that led to an upswing in BTC and other cryptos. Additionally, the team analyzes a number of on-chain metrics, fund flows…
Kevin Durant, a two-time NBA champion, has launched a special purpose acquisition company (SPAC) to look at collaborating with technology-driven businesses, including cryptocurrency enterprises. The firm was established in conjunction with Durant’s business associate Rich Kleiman. Durant, who was an early Coinbase backer, isn’t done exploring the sector yet. His new SPAC company is planning to invest in crypto and…
Joe Rogan, the world’s most successful podcaster and comedian, has accepted a Bitcoin payment of $100,000. The podcast host and MMA commentator has talked about Bitcoin in the past on his show, but accepting Bitcoin as payment marks a definitive switch in stance on his part. During the Joe Rogan Experience episode #1728, about 56 minutes and 30 seconds in,…
In brief Mythical Games, a blockchain startup, has raised $150 million at a $1.25 billion valuation. The firm is readying its Mythical Platform to help other developers enter the growing crypto gaming space. Crypto startup Mythical Games, the developer of the NFT-driven Blankos Block Party game, today announced a new $150 million Series C funding round. It values the firm…
press release PRESS RELEASE. The latest strategic investment in emerging SocialFi startup Torum from KuCoin Labs will empower the development of a SocialFi Metaverse powered by VR and Web3.0 technologies. 4th November 2021, Kuala Lumpur, Malaysia — Following the strategic investment of Huobi Ventures and 20 other prominent crypto VCs, Torum SocialFi platform is excited to announce that the project…
In brief Serum is a decentralized exchange and liquidity provider protocol on Solana. Aleph.im says its Serum Markets data product will provide new insights into the protocol. Solana’s decentralized finance ecosystem isn’t yet as mature as Ethereum’s. But it’s getting there. And a new product for self-described “liquidity infrastructure ecosystem” Serum promises to unlock a treasure trove of data on…
Blockchain-based nonprofit organization Endaoment has raised more than $7 million for charities in its first year of operations, marking another major milestone for the rapidly growing cryptocurrency donations industry. Endaoments Donor-Advised Funds, or DAFs, have been distributed to more than 100 nonprofits over the past year, the company announced Thursday. Endaoment said it has distributed roughly 60% of donated funds…
Facing an electricity deficit largely blamed on cryptocurrency miners, Kazakhstan is trying to avoid an energy crisis this winter. The president of the country has insisted on the need to maintain power supply for the industry and population, calling for urgent legal regulation of the expanding coin minting sector. President Tokaev Calls for Legislative Regulation of Cryptocurrency Mining in Kazakhstan…
Blockchain gaming platform Enjin is establishing a new fund to support the development of the metaverse ecosystem and make it more decentralized. Enjin, a startup behind the nonfungible token (NFT)-focused blockchain Efinity, has formed a $100 million fund to support Efinity adopters as well as other related projects, the startup announced Thursday. It is now time for us to turn…
