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GeneralBeginnerRecently, Visa announced the $150,000 acquisition of a CryptoPunk, CryptoPunk 7610. Well, the CryptoPunks are 10,000 unique collectible characters with proof of ownership stored on the Ethereum blockchain. The Cryptopunks are one of the first examples of a NFT on Ethereum, and were an inspiration…
#news
BitcoinBeginnerRecently, Eurex announced the launch of Bitcoin ETN futures. The leading European derivatives exchange said that with the new contract, Deutsche Börse Group’s derivatives arm offers customers access to the price of Bitcoin in a controlled on exchange and centrally cleared environment. The new…
#news
GeneralBeginnerRecently, Buterin expressed his reservations about Jack Dorsey and Mark Zuckerberg's ambitious cryptocurrency plans. Ethereum inventor Vitalik told Bloomberg that he is skeptical of Dorsey’s plan of launching a decentralized finance platform where developers could run Bitcoin projects. Vitalik…
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GeneralBeginnerRecently, the Avalanche Foundation announced a $180M liquidity mining incentive program Avalanche Rush to introduce more applications and assets to its DeFi ecosystem. The program will bring blue chip DeFi applications to Avalanche, starting with Aave and Curve. Well, First phase of the program…
#avalanche-foundation#news
GeneralBeginnerRecently, Non fungible token (NFT) marketplace SuperRare introduced a “Curation Token” in order to decentralize the project. As part of the launch 15% of the RARE token’s total supply was airdropped to the users of the platform. SuperRare said that eligible participants would have received a…
#news#nft-marketplace
GeneralBeginnerRecently, the social media app Reddit announced that it is nearing $700 million in Series F funding, led by Fidelity Management and Research Company LLC. at a post money valuation of over $10 billion. Well, the financial services giant Fidelity approached Reddit with another $410 million funding…
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EthereumBeginnerRecently, Indian crypto startup Polygon announced that it is acquiring Hermez in a 250 million MATIC deal. A "layer 2" platform on the Ethereum blockchain, Polygon said that Hermez will be absorbed into its ecosystem under the name Polygon Hermez, where it will become a part of the growing Polygon…
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BitcoinBeginnerRecently, Upgrade, Inc., the lending startup co founded by the former CEO of Lending Club, announced that it closed a $105 million Series E round led by Koch Disruptive Technologies (KDT). This funding round takes the firm’s valuation to $3.325 billion. Participation from new and existing…
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GeneralBeginnerDeFi platform Poly Network was attacked on Tuesday, with the alleged hacker extracting approx $600 million in cryptocurrencies. The company tweeted news that the network was attacked on BinanceChain, Ethereum, and 0xPolygon. Cryptocurrency wallet addresses disclosed by Poly manifest transfers of…
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GeneralBeginnerRecently, Non fungible token (NFT) platform Topps announced its partnership with German football league Bundesliga to release an exclusive collection of NFT trading cards. The NFT collection is the first for the Bundesliga, and will feature top players, rising stars and highlights from the 2020…
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GeneralBeginnerRecently, Philipp Plein announced that it has become the first major fashion brand to accept cryptocurrency as payment. The popular, global brand will accept 15 cryptocurrencies, including bitcoin and ether. Crypto currency is accepted for purchases in the bran’s many brick and mortar retail…
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GeneralBeginnerRecently, Digital art platform MakersPlace announced that it has raised $30M to further its mission of enabling a vibrant future for digital creativity. This series A funding round was led by Pantera Capital and Bessemer Venture Partners with participation from Uncork Capital, 9Yards Capital,…
#news
