Polygon raises $450M in Sequoia-led funding round
Blockchain venture funds are shifting their focus to Web3 development and are placing greater emphasis on scalability. Layer-2 scaling solution...
Day: 7 February 2022
‘Wave of litigation’ to hit NFT space as copyright issues abound
As the NFT industry grows with increasing market penetration, research and consumer education are key to the domain’s evolution. Ownership...
Former Manchester United players to launch soccer-centric DAO
The Singapore billionaire duo has experience in sports and blockchain investments and has launched a product endorsed by Cristiano Ronaldo....
ENS dumps director of operations in condemnation of homophobic tweets
Twitter deleted the tweets in question and suspended Brantly Millegan’s account, preventing him from responding to critics and supporters on...
Hashstack launches Open protocol testnet, offering under-collateralized loans
Harmony's Ecosystem Fund financed Hashstack's solution to improving DeFi lending. The DeFi lending and borrowing market has grown significantly in...
Bitcoin bulls look to push price above $45K to validate bullish trend reversal
Bitcoin reclaims support at $44,000, prompting some analysts to suggest closing out longs while looking for a close above $45,000....
US federal deposit insurer lists “crypto-asset risks” among its top priorities for the year
FDIC's acting chairman stated that the work on crypto-related guidance for U.S. banks is underway. Martin Gruenberg, the acting chairman...
The Top Metaverse Gaming Projects to Watch in 2022
The Metaverse is a term that refers to computer-generated environments in which individuals may don avatars, explore, collaborate with other...
Bitcoin Price Rises to $43,5000 as Recovery Continues, MANA, AXS, Feb. 7
BTC The Bitcoin price was trading at $43,500 as a late-week recovery developed and that is pulling the cryptocurrency market...
Moon: The Lunar Metaverse Launches Revenue Generating NFT Land Sale
Moon is a brand new economic, and social Metaverse inspired by lunar exploration. Players have the opportunity to acquire NFT...
Polygon Raises $450 Million From Sequoia Capital India, Softbank, Shark Tank’s Kevin O’leary
The blockchain project Polygon announced it has raised $450 million on Monday in a fundraising round led by Sequoia Capital...
17 Crypto Firms Form a Market Integrity Coalition Aimed at Bolstering a Sensibly-Regulated Industry
On February 7, 2022, a group of 17 digital asset companies revealed they formed an organization called the Crypto Market...
Technical Analysis: SHIB Climbs 50% Higher, as Meme Coin Hits $16 Billion Market Cap
Shiba inu (SHIB) is up over 50% as of writing, with cryptocurrency markets continuing to gain momentum to start the...
Global crypto adoption could ‘soon hit a hyper-inflection point’: Wells Fargo report
The firm's global investment strategy team said it wasn't too early to invest in crypto, but clearing regulatory roadblocks would...
Major crypto firms and groups form coalition aimed at promoting ‘market integrity’
“Harmonizing a broad global approach to digital assets and competition in the digital currency space race, can improve U.S. competitiveness,...
