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Fox Corp Leads a $100M Strategic Investment in Blockchain Digital Content Management Company Eluvio

U.S. media giant Fox Corp announced a $100 million strategic investment in Eluvio, a blockchain digital content management company founded by Emmy technical experts Michelle Munson and Serban Simu, to expand the Non-fungible token (NFT) business. Through the $100 million Series A financing led by Fox Corp, Eluvio will further expand the widespread use of … Continue reading Fox Corp Leads a $100M Strategic Investment in Blockchain Digital Content Management Company Eluvio

Decentralized Finance BXH Network Records a Protocol Hack with about $130M in Stolen Funds

Decentralized trading platform BXH Network has suffered a system breach that has resulted in about $130 million from the protocol. While the initial announcement from the company noted that only assets on the Binance Smart Chain (BSC) networks are affected, SlowMist, a security service provider in the crypto ecosystem, affirmed that more than $130 million had … Continue reading Decentralized Finance BXH Network Records a Protocol Hack with about $130M in Stolen Funds

HK-based Animoca Brands Partners with S. Korea's Cube Entertainment for K-pop Metaverse & NFTs

Animoca Brands is partnering with Cube Entertainment to build metaverse and non-fungible tokens (NFTs) as K-pop has been taking the world by storm, the executive chairman of the company said. The joint venture between the Hong Kong-based Animoca Brands and South Korean entertainment company Cube Entertainment, aims to build a music metaverse, and issue NFTs and ecosystem … Continue reading HK-based Animoca Brands Partners with S. Korea's Cube Entertainment for K-pop Metaverse & NFTs

Bitcoin Book Published for Educating U.S. Congressmen, Secures Excess Funding on Kickstarter

An educational book on Bitcoin (BTC) proposed by a group of 8 individuals has gained more funds than solicited from public investors on the Kickstarter platform. The book dubbed, “Bitcoin and the American Dream” is slated to help congressmen in the Senate and the House reconsider their conception of what Bitcoin represents from the way … Continue reading Bitcoin Book Published for Educating U.S. Congressmen, Secures Excess Funding on Kickstarter

VanEck Floats its Multi-Coin Crypto ETN in Europe

VanEck, one of the foremost issuers of cryptocurrency-focused investment products, has announced the launch of its multi-coin cryptocurrency fund in Europe. As revealed by the company, it launched a new Exchange Traded Note (ETN) on the Deutsche Borse Xetra and SIX Swiss Exchange that allows investors to invest in a selected basket of the largest … Continue reading VanEck Floats its Multi-Coin Crypto ETN in Europe

Julian Assange Supporters Raise over 12,500 ETH via DAO for his Freedom

Donors have formed AssangeDAO to free WikiLeaks founder Julian Assange from extradition to the United States and facilitate his freedom from prison. Reports suggest that so far, the initiative has over 12,569 ETH from donors since its launch on January 3, 2022. A decentralized autonomous organization (DAO) is an organization represented by rules encoded as … Continue reading Julian Assange Supporters Raise over 12,500 ETH via DAO for his Freedom

South Korean Billionaire Businessman Kim Jung-ju Passes away, Aged 54

News has emerged that Kim Jung-ju, a prominent South Korean businessman, investor, philanthropist, and founder of Korea’s largest gaming company, Nexon, died on Monday at the age of 54, according to the Korean Herald. Reports, citing Nexon’s holding company NXC, disclosed on Tuesday evening that Jung-ju died in Hawaii, U.S., on February 28. He had … Continue reading South Korean Billionaire Businessman Kim Jung-ju Passes away, Aged 54

Animoca Brands to Halt Trading Services to Russian Users

Animoca Brands, a leading blockchain company and venture capital firm based in Hong Kong, announced on Wednesday that it would stop its trading services to Russian users in response to the invasion of Ukraine. Animoca further mentioned that besides blocking the accounts linked to Russian users, it would also halt selling shares to Russian investors. … Continue reading Animoca Brands to Halt Trading Services to Russian Users

No Chivo Wallet Downloads in El Salvador This Year, Study Shows

El Salvador is the first country in the world to accept Bitcoin (BTC) as a legal tender back in September 2021. While the President, Nayib Bukele gained popularity through the publishing of sterling data about the adoption of the cryptocurrency from September through the end of the Fourth Quarter, a new study shows the enthusiasm for the … Continue reading No Chivo Wallet Downloads in El Salvador This Year, Study Shows

FPSB Calls for Comprehensive Regulation of Cryptocurrencies

The Financial Planning Standards Board (FPSB), a professional body tasked with granting licenses and certifications to financial planners, has proposed11 recommendations that will help regulate the fast-growing cryptocurrency industry. The advice shared came off as a recommendation to the International Organization of Securities Commissions (IOSOC) Retail Market Conduct Task Force on how regulators can address … Continue reading FPSB Calls for Comprehensive Regulation of Cryptocurrencies