As outlined in a prepared statement obtained by Cointelegraph, Game7 is an upcoming $500 million blockchain ecosystem acceleration decentralized autonomous organization, or DAO, with the goal of onboarding gamers worldwide to the blockchain ecosystem. Entities backing the proposal include BitDAO, Forte, Alameda Research, Mirana Ventures, Warner Music Group, Aleo, Avalanche, Interchain Foundation, Offchain Labs, OP Games, Polygon Studios, and Solana…
On Wednesday, the world’s largest collector car auction house by total sales, RM Sotheby’s, announced the company will be accepting cryptocurrency payments via Bitpay. The firm’s upcoming Guikas Collection sale on November 19 will be RM Sotheby’s first auction to accept digital currency payments for collectible automobiles. RM Sotheby’s Announces Crypto Payment Support via Bitpay While cryptocurrencies have increased significantly…
Avalanche (AVAX) rose to a new price high on Nov. 18 and posted weekly gains after its developer, Ava Labs, entered a partnership with “Big Four” accountant firm Deloitte. The AVAX price reached a little over $110 after rising circa 16% week-to-date (WTD), with its circulated market cap hitting $23.76 billion, almost 0.93% of the total crypto market cap. In…
On Thursday, the Digital Currency Group (DCG) announced that it has raised $600 million in a new credit facility, making its debut into the debt capital markets. The debt funding round was led by private equity firm Eldridge. The company stated that the increase, which provides DCG with a credit facility enabling it to draw on as needed, “enhances DCG’s strategic,…
Mike Germano, publisher of Bitcoin Magazine, and Serhiy Tron at the partnership signing ceremony in Kyiv, Ukraine. Bitcoin Magazine has announced that it has partnered with Ukrainian technology and banking entrepreneur Serhiy Tron to launch an office in Kyiv, Ukraine and serve the CIS region with Bitcoin-focused content. As part of the partnership, Bitcoin Magazine will be translating its existing…
Prime Blockchain, also known as PrimeBlock, is reportedly preparing for a public offering in the United States through a special-purpose acquisition company, or SPAC. In a Thursday report, Bloomberg said Bitcoin (BTC) mining firm PrimeBlock is currently discussing going public in the U.S. through a merger with 10X Capital Venture Acquisition Corp II. Though the terms of the deal are…
NFTs are replacing ticket stubs for the National Football League, at least for the rest of the games this year. The league today announced that fans attending games through the end of 2021 will be able to receive a “virtual commemorative ticket” as an NFT in a Ticketmaster digital wallet. The NFTs themselves will live on the Polygon network, like…
Bitcoin (BTC) fell through key support levels on Nov. 18 in a fresh test of bulls’ resolve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Strong market-wide selling” hits Data from Cointelegraph Markets Pro and TradingView showed BTC/USD abandoning the $58,400 support after multiple retests in previous days and at the time of writing Bitcoin is trading at $57,800. Despite high volatility…
In brief The API is intended to make it easier for all sorts of platforms, including social media ones, to integrate NFTs. Alchemy envisions an era where users can bring their NFTs across different blockchains. Many websites use an API to integrate maps from Google or Apple right onto their platform—a process much easier than coding map features on their…
ZEBEDEE partners with gaming studio Viker to bring bitcoin rewards to Android and iOS mobile games.Wheel of Trivia, Wheel of Crypto, and Balls King are already live on both platforms.The partnership is expected to yield two more games before the end of the year. ZEBEDEE, a fintech company focused on enabling Bitcoin services for the gaming industry, has partnered with…
