Crypto Savings Platform Ledn Raises $30 Million in Latest Funding Round

By | May 28, 2021

Ledn, a cryptocurrency lending and savings platform based in Canada, has managed to raise $30 million in its latest funding round. The money raised will be used to expand its offer of lending products, and to expand its reach in more countries. Ledn could take advantage of the recent problems that Blockfi, one of its… Read More »

Open Metaverse Alliance OMA3 Launches to Develop Standards for an Interoperable Digital World

By | November 3, 2022

The Open Metaverse Alliance, OMA3, was launched by a group of Web3 dedicated companies in order to create standards for an interconnected metaverse. The organization, formed by companies such as Animoca Brands, Dapper Labs, The Sandbox, and Unstoppable Domains, stated its objective was to achieve a decentralized, community-led, and user ownership-oriented open metaverse. Open Metaverse… Read More »

Finder’s Specialists Predict Ethereum Will Slip to $963 This Year, but End 2022 at $1,377 per Unit

By | October 12, 2022

46% of around 55 fintech and cryptocurrency specialists believe ethereum is undervalued following The Merge, according to a recent survey published by the comparison website Finder.com. With less than three months left in 2022, Finder’s panelists predict that ethereum will drop as low as $963 per unit this year, and they also expect ethereum to… Read More »

Sorare Partners With NBA to Build a Licensed NFT Game

By | September 8, 2022

Sorare, a French fantasy game startup, reached an agreement with the National Basketball Association (NBA) to build a non-fungible token (NFT) game under its license, allowing the company to use team names and player likenesses from the league. The company, which had already signed similar agreements with North America’s Major League Baseball (MLB) and some… Read More »

LG to Launch Crypto Wallet Wallypto Later This Year

By | September 2, 2022

LG, the South Korean electronics giant, is currently developing a cryptocurrency wallet app that will be launched later this year. The wallet, called Wallypto, will be part of a new business phase for the company, which recently abandoned its mobile hardware business and pivoted to software solutions. Wallypto will support only Hedera Hashgraph assets at… Read More »

Itau Unibanco Mulls Offering Crypto Services, Opens Tokenization Unit in Brazil

By | July 16, 2022

Itaú Unibanco, one of the largest holding companies in Brazil, has announced it is considering offering cryptocurrency trading services to its customers. The company informed that it will also offer tokenization services through a digital assets unit, that will allow customers to issue tokens backed by real-world assets, acting as a platform to facilitate their… Read More »

Spain to Offer Grants for Metaverse Companies

By | July 12, 2022

The government of Spain has announced it will issue a series of grants and aid for metaverse-related developments. The individuals and companies interested in receiving these grants will have to be based in the European Union or Spain and present a plan, and meet a series of requirements, to be considered. The first batch of… Read More »

NFT Weekly Roundup: Bluezelle’s Innovative Solution, Rob Prior’s Live Stream, Ap’s Iconic NFT Collection, and the Br8ve Auction

By | May 28, 2021

While cryptocurrencies experienced their fair share of ups and downs over the week, nothing is holding back the stratospheric rise of NFTs. As another busy week comes to a close, a lot has unfolded in the world of NFTs. Here’s a quick rundown of the top events of this week. Bluzelle Revamps Itself to Overcome… Read More »

Nvidia Makes $155 Million From Crypto Mining Chips in Fiscal Q1

By | May 27, 2021

Graphics cards manufacturer Nvidia has earned $155 million in revenue from chips designed for cryptocurrency mining during the first fiscal quarter. The company admitted that crypto miners have also pushed sales up in the gaming products segment which remains its main market. Leading GPU Maker Reports Record High Video Card Sales Supported by Crypto Miners… Read More »

Central Bank of Nigeria Governor Says “Digital Currency Will Come to Life” but Attacks Volatile Cryptocurrencies

By | May 26, 2021

Central Bank of Nigeria (CBN) governor, Godwin Emefiele, says digital currency “will come to life even in Nigeria” just a few months after the central bank ordered banks to stop serving the crypto industry. While acknowledging his country’s position as one of the leading crypto markets in the world, Emefiele however insists his organization is… Read More »