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GeneralBeginnerCryptocurrency is a relatively new concept in finance, and transacting and trading in it has yet not become a piece of common knowledge. Still, investors have been jumping on the crypto bandwagon, principally because of the good returns that it offers. Dissimilar to trading in shares and…
#cryptocurrency
GeneralBeginnerRecently, Microsoft announced its plans to acquire Activision Blizzard Inc, a leader in game development and interactive entertainment content publisher, in order to accelerate the growth in Microsoft’s gaming business across mobile, PC, console and cloud. According to the announcement, Microsoft…
#metaverse#microsoft#news
GeneralBeginnerIn a recent note, Bank Of America's digital asset strategist Alkesh Shah said that Solana could become the "Visa of the digital asset ecosystem." Bank of America told its clients in a research note that Solana's ability to provide high throughput, ease of use, and low cost offers a blockchain…
#bank-of-america#cryptocurrency#news
GeneralBeginnerNew Ethereum based NFT marketplace LooksRare is making waves just days after its launch by generating over $385 million in trading volume since launching on Jan. 10. By offering only 2% fees on basic sales and zero fees on private sales, LooksRare seems to be doing a pretty good job of drawing…
#news#nfts
GeneralBeginnerRecently, Binance announced its official partnership with the Confederation of African Football (CAF), as an official sponsor of the 2021 TotalEnergies Africa Cup of Nations (AFCON) tournaments. AFCON, the largest international men's football championship in Africa, kicked off on Sunday, January…
#binance#news
GeneralBeginnerA phishing scam drained New York based art gallery Ross + Kramer Gallery's Ethereum wallet of 15 NFTs valued at a total of $2.2 million. The hackers also sold many of the haul, including four Bored Ape NFTs. " I have been hacked. All my apes gone," Todd Kramer, the owner of the gallery, wrote in a…
#hackers#news#nfts
GeneralBeginnerThe LinksDAO golfing startup, in a sold out NFT drop, raised $10.5M to fund its golfing aspirations. The fund will be used to buy an actual golf course. Over 9,000 NFTs were sold via the OpenSea platform, in exchange of Ether (ETH). These NFT's will serve as "leisure membership" and "global…
#cryptocurrency#news#nfts
GeneralBeginnerRecently, China's central bank released a pilot edition of its digital yuan wallet application on mobile phone app stores as the country steps up its push to develop its own digital currency. The digital yuan is a central bank digital currency (CBDC), a kind of cryptocurrency issued and controlled…
#chinas-central-bank#cryptocurrency#news
GeneralBeginnerThe explosion of Decentralized Finance (DeFi) during 2020 and 2021, has brought a rise in renewed interest in DAOs; and a number of DAOs have already grabbed the attention of more conventional venture capitalists, including Mark Cuban, the billionaire who called them “the ultimate combination of…
#dao
GeneralBeginnerPlay It Forward DAO has kicked off 2022 by completing a US$6 million private round, co led by Kyber Ventures, Signum Capital, and UOB Venture Management. PIF DAO, only six months after launching, includes a guild of over 40,000 players and 3,000 scholars across multiple games including Axie…
#dao#metaverse#news
GeneralBeginnerWeb 3.0. also known as the Decentralized Web is the next generation of internet applications and services powered by distributed ledger technology. The third generation of the internet mainly focuses on connecting and accessing data in a decentralized way, rather than having it stored in…
#cryptocurrency#web-3.0
GeneralBeginnerRecently, Kraken founder and CEO Jesse Powell announced that the cryptocurrency exchange is working on a NFT marketplace that will appeal to customers who want to do more than just collect digital art. Kraken marketplace would provide custody services and the exchange is working on a system where…
#news#nft-marketplace
