Last year was impressive for blockchain startups, as research from CB Insights found that venture capital funding reached new heights during every quarter of 2021. According to CB Insights’ “State Of Blockchain 2021” report, $25.2 billion worth of venture capital funding went to global blockchain startups last year, demonstrating a 713% increase from $3.1 billion in 2020. The report also…
SegWit has come a long way since its first appearance during the 2015-2017 blocksize war. However, despite its relative success as a Bitcoin upgrade, crypto exchanges including Binance and Gemini are still not committed to using SegWit addresses for sending Bitcoin (BTC). Implemented in 2017, segregated witness (SegWit) is a soft fork upgrade that separates “witness” data from the base…
Following two consecutive sessions of declines, cryptocurrencies rebounded on Friday, as markets prepared for the first non-farm payrolls of the year. ETH was up 8% as of writing, with the crypto market cap 4.4% higher. Bitcoin On the first Friday of each month, non-farm payrolls in the United States are released, and this typically sees an increase in market volatility,…
The NFL officially announced Wednesday that each fan who attends Super Bowl LVI in Los Angeles on Feb. 13 will receive a unique customized NFT. The NFT will feature their unique section, row, and seat to commemorate the game day and Super Bowl’s return to Los Angeles for the first time in almost 30 years. According to the announcement, Super…
press release PRESS RELEASE. February 04th – Sydney, Australia: SIDUS HEROES, the play-to-earn, blockchain, MMORPG game, announced today that it has raised $21 million in its seed, private and public funding rounds with Animoca Brands as its lead investor with Alameda Research, Bloktopia, OKEX, Polygon, Master Ventures and other companies participating. SIDUS HEROES is the first-ever WEBGL, AAA-level, play-to-earn game…
Binance CEO Changpeng Zhao has alerted the crypto community against a ‘massive’ SMS phishing scam targeting Binance customers. On Friday, CZ tweeted alerting users of a phishing scam campaign directed at Binance users through SMS. There is a massive Phishing scam via SMS with a link to cancel withdrawals. It leads to a phishing website to harvest your credential as…
“Tom’s Hardware broke the news yesterday that Intel would present a new ‘Bonanza Mine’ ASIC chip designed for ultra-low-voltage and energy-efficient Bitcoin mining at the upcoming ISSCC conference, but Intel would neither confirm nor deny if it would make the chip available to customers. Today, Fox Business reports that crypto-mining startup GRIID, which is set to go public for an…
An uptick in trading volume is one of the key components of a digital asset’s healthy market outlook. It indicates both robust liquidity and a surge in fellow traders’ enthusiasm for the token. The relationship between the asset’s price and trading volume is a nuanced one: Volume spikes often trail strong rallies as more and more traders hop on the…
Manchester United is set to unveil a multi-year sponsorship deal with crypto network Tezos, per The Athletic. Both parties have reportedly agreed to a deal worth over $27 million per year, and Tezos will be featured on the football club’s training kit. The deal will follow Manchester United’s previous eight-year deal with American insurance company AON, which concluded at the…
The Energy Secretary of Argentina eliminated power subsidies for cryptocurrency miners, raising the cost of energy to almost 4x what the miners were paying before. The measure affects customers of the wholesale power market in the Tierra del Fuego province, one of the provinces more notably occupied by miners in the country due to its specific climate characteristics. Argentina…
