NFT-Collateralizing South African Startup Raises $5 Million in Latest Seed Round
A South African startup, NFTfi, is reported to have recently raised $5 million which the company intends to use for...
Month: November 2021
Funding platform Orica partners with NGO to use NFTs to build a school in Uganda
Proceeds from Orica’s NFT auction at Malta AI & Blockchain Summit hope to fund Ssese Islands education. The rising number...
NFT sales boom, but ownership is highly concentrated
There were two surges in the market this year that also coincided with solid spikes in internet searches for the...
‘Fear’ returns to Bitcoin, while long-term holders own just 3% of BTC unrealized losses
Bitcoin price declines finally shake out “greed” among investors, according to the Crypto Fear & Greed Index. Bitcoin (BTC) diving...
Binance.US aims for ‘mega funding,’ reveals CZ
The United States arm of Binance is considering a public offering to raise a “couple hundred million,” Changpeng Zhao said....
Shiba Inu in danger of ‘topping signal’ as SHIB price loses 50% in 3 weeks
The meme cryptocurrency hints at undergoing a price rebound as its paints a classic bullish continuation setup.
Digital currencies won’t impact US sanctions, Treasury exec says
Russia’s digital ruble won’t help the country avoid U.S. sanctions because the global economy is “interconnected,” an official said. Central...
Xbox Boss Phil Spencer Addresses Rise of NFT Gaming; Feels Some of It Is “Exploitive”
Phil Spencer, executive vice president of gaming at Microsoft and the individual responsible for the Xbox program, has addressed the...
Torrent Website Called The NFT Bay Reignites Controversy Over Non-Fungible Tokens
There’s a new website the crypto community has been discussing called The NFT Bay, a web portal that operates in...
Binance opens layer-two ETH deposits with Arbitrum One integration
Binance users can now deposit any ERC-20 tokens from the Ethereum network using Arbitrum quickly and at a reasonable cost.
Bitcoin clings to $56K as whales keep buying — Watch these BTC price levels
Testing times continue for Bitcoin bulls with the trillion-dollar market cap next up for support. Bitcoin (BTC) is demanding a...
Chamath Palihapitiya sells 15% of his stake in SOFI
Bitcoin billionaire Palihapitiya will use earnings from the sale to fund other “future-shaping technologies” for his venture firm. Billionaire Chamath...
South Korea’s leading blockchain facing greater competition in NFT market
South Korean blockchain platform Klaytn may see its domestic dominance dwindle if it cannot keep pace with competitors such as...
Reserve Bank warns Aussies over punting on ‘fad driven’ cryptocurrencies
The Reserve Bank of Australia has warned local investors that the speculative frenzy on crypto could soon dry up if...
Half of Uniswap v3 liquidity providers are losing money: New research
A recent study of Uniswap v3 pools revealed that on average, almost half of the liquidity providers are losing money...
