Time Magazine to Add Ether to Its Balance Sheet as Part of Efforts to Support Metaverse Newsletter with Galaxy Digital

Time Magazine will hold Ether (ETH) on its balance sheet for the first time as part of a deal with crypto investment firm Galaxy Digital to educate its readers about the metaverse. The 98-year old publication announced on Thursday, November 18, that it has partnered with the crypto company as part of efforts to explore … Continue reading Time Magazine to Add Ether to Its Balance Sheet as Part of Efforts to Support Metaverse Newsletter with Galaxy Digital

Galaxy Digital CEO Says Powell’s 2nd-Term at US Fed Reserve Could Hurt Crypto Market

Billionaire investor Mike Novogratz is concerned that Jerome Powell’s renomination for a second term as the Federal Reserve chairman could slow down the growth of the cryptocurrency market. The founder and CEO of Galaxy Investment Partners’ revelations come as an overall investor and not as a Bitcoiner. Speaking in an interview with CNBC’s “Crypto Night in America” … Continue reading Galaxy Digital CEO Says Powell’s 2nd-Term at US Fed Reserve Could Hurt Crypto Market

Binance Withdraws S'pore Bourse Application, Closing Local Trading Platform by Feb

Binance Asia Services Ltd has withdrawn its application for a local license to run a bourse in crypto-friendly Singapore following by shutting down its trading platform. The unexpected move by the Singapore affiliate of the world’s largest cryptocurrency exchange ended an effort that started last year to win approval from Singapore’s authorities. The company will … Continue reading Binance Withdraws S'pore Bourse Application, Closing Local Trading Platform by Feb

Vodafone to Auction the World's First "Merry Christmas" SMS Message as NFT

Mobile phone telecommunications network services provider Vodafone is making its entry into the Non-Fungible Token (NFT) ecosystem by auctioning the world’s first Short Message Service (SMS), which reads, “Merry Christmas.” Romanian news agency Ziarul Financiar reported that the first SMS was sent some 29 years ago, on December 3, 1992. It will be up for … Continue reading Vodafone to Auction the World's First "Merry Christmas" SMS Message as NFT

NFT-collateralized Loan Platform Arcade Raises $15M in Series A Financing

Focusing on using NFT as loan collateral, Arcade raised US$15 million in Series A financing which was led by Pantera Capital, Castle Island Ventures, and Franklin Templeton Blockchain Fund. The purpose of Series A financing is to incentivize the participation of institutional investors to support the NFT field. Arcade is a platform that supports NFT as … Continue reading NFT-collateralized Loan Platform Arcade Raises $15M in Series A Financing

Polkadot Auction Winner Astar Network Secures $22M in Venture Capital Funding

Astar Network, a Polkadot parachain auction winner has secured the sum of $22 million from venture capital as well as angel investors.  As unveiled by the blockchain protocol, the fundraise drew participation from Polychain, Alameda Research, Alchemy Ventures, Animal Ventures, Crypto.com Capital, Digital Finance Group, GSR, ROK Capital, Scytale Ventures, Vessel, Injective Protocol, and angel … Continue reading Polkadot Auction Winner Astar Network Secures $22M in Venture Capital Funding

The Russia-Ukraine War Might Accelerate CBDC Issuance, Former BOJ Official Says

The sanctions slapped on Russia based on its invasion of Ukraine might prompt more nations to adopt central bank digital currencies (CBDCs) as a shield against the U.S. dollar’s supremacy in the global financial system, according to the former Bank of Japan (BOJ) executive Hiromi Yamaoka. China has already set the ball rolling with its … Continue reading The Russia-Ukraine War Might Accelerate CBDC Issuance, Former BOJ Official Says

London-Based Fabric Ventures to Close Funding for Two New Web3 Funds

As it is becoming a trend in the Web3.0 ecosystem nowadays, Fabric Ventures, a London-based venture capital firm, is on track to close two new Web3.0 funds that will focus exclusively on the “Open Economy.” As confirmed by Richard Muirhead, the company’s Managing Partner, the two funds will be worth as much as €225 million … Continue reading London-Based Fabric Ventures to Close Funding for Two New Web3 Funds

Astra Protocol Hires Ex-Trump Chief of Staff Mulvaney as Strategic Adviser

Switzerland-based technology infrastructure firm Astra Protocol announced on Wednesday that it has appointed Mick Mulvaney, who worked as acting White House chief of staff for former President Donald Trump, as the company’s strategic adviser. Astra Protocol provides decentralized finance (DeFi) platforms with software to comply with government regulations, like know-your-customer requirements. In this role, Mulvaney … Continue reading Astra Protocol Hires Ex-Trump Chief of Staff Mulvaney as Strategic Adviser

Binance Bahrain Gets Category 4 License to Provide Crypto Trading Service

Binance, a global cryptocurrency exchange, announced on Thursday that its subsidiary in Bahrain has received a Category 4 license as a crypto asset service provider (CASP) from the Central Bank of Bahrain (CBB). According to the announcement, Binance Bahrain is the first exchange to be awarded a category 4 license by the CBB. The Category … Continue reading Binance Bahrain Gets Category 4 License to Provide Crypto Trading Service

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