Ubisoft, one of the worlds largest video gaming organizations responsible for creating popular franchise games such as Assassin’s Creed, Far Cry, and For Honor hosted their Q2 earnings call this week, where blockchain was a key topic of discussion. Alongside reporting a 15% increase of unique active players in the first half of the year compared to 2020, and that…
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Nears $800M fund, Miami embraces crypto, Oct. 2229
Welcome to the latest edition of Cointelegraphs decentralized finance (DeFi) newsletter. The DeFi space was full of fundraising this week. Read on to discover where the venture capital firm led by Reddits co-founder is making notable investments. What youre about to read is the smaller version of this newsletter. For the full breakdown of DeFis developments over the last week,…
Crypto lending firms on the hot seat: New regulations are coming?
A number of states in the United States, including Kentucky, Texas, Alabama, Vermont, New Jersey and, most recently, New York have been cracking down on crypto lending. Depending on ones perspective, these can amount to acts of collective desperation or a foretoken of things to come. Asked about the clampdown on crypto lending firms like BlockFi and Celsius, Firat Cengiz,…
NBA Team Dallas Mavericks and Voyager Kick Off Partnership With BTC Bonus – News Bitcoin News
The NBA team Dallas Mavericks has partnered with crypto platform Voyager and is offering its fans a $100 bonus in bitcoin to sign up and trade crypto on the partnered platform. “We’re going to come up with new ways to introduce Mavs fans to cryptocurrency and help them understand it,” said Mark Cuban, the owner of the Dallas Mavericks. Dallas…
How Lobster NFTs and a DAO Helped Give Crypto a Voice in Washington
This story comes out of PubDAO, a decentralized news wire. NFT collectibles can rapidly create communities around a shared interestor a cause. And the most pressing cause in cryptoland recently has been preparation for increased U.S. government regulation. Thats why one group took the millions of dollars it earned from NFT sales last month and gave it to a key…
Winklevoss-Backed Crypto Fund Targets $300M Investment
CMCC Global, a Hong Kong-based venture capital firm, is seeking as much as $300 million for its latest crypto fund. To achieve its goal, CMCC is attracting several investors, including crypto exchange Gemini founders Cameron and Tyler Winklevoss and billionaire Richard Li, Bloomberg reported on Friday. According to Charlie Morris, the co-founder of CMCC, a portion of the new crypto…
Users not able to sell Squid Game token clocking 45,000% gains
A new token inspired by popular Netflix show Squid Game has posted 45,000% growth in a few days after launch earlier this week, but multiple investors are reportedly unable to sell the token. The cryptocurrency community has been accusing the Squid Game (SQUID) token of being a scam amid reports that some investors are not able to withdraw the token…
Axie Infinity, Decentraland, and ‘metaverse’ cryptos rally after Facebook rebrands to Meta
Facebook’s decision this Thursday to rebrand itself to Metato indicate its plans to build an avatar-filled metaversehelped spark a speculative rally across cryptocurrencies that belong to similar virtual world projects. Decentraland,a virtual place with its own economy, currency (MANA), and social events, accessible to anyone with a web browser, saw its market valuation exploding from $1.44 billion to $2.08 billion…
Australia’s Top Securities Regulator Says It Will Approve Bitcoin ETFs
The Australian Securities And Investments Commission (ASIC) has given early approval to fund managers seeking to launch Bitcoin spot exchange traded funds (ETFs), according to Business Insider. Many Australian funds have already begun the application process after ASIC green lit the spot ETFs. After months of consulting with experts in the Bitcoin and crypto industry, the corporate regulators issued new…
Hackers keep getting smarter, but protecting your crypto is easier than you think
https://medium.com/media/e4067ab81f32f79dd8c2941827d8a50f/href Cybersecurity awareness month is coming to a close, but good security hygiene is a smart investment all year round. As crypto becomes more mainstream, cybercriminals who target crypto holders are also getting more creative and persistent. That’s why Coinbase’s security team has put together a simple guide for protecting your crypto and all the other valuable data you store…