GeneralBeginnerPopular metaverse gaming project the Sandbox announced its metaverse accelerator program that will escalate the development of the open metaverse by investing $50M in startups. The Animoca Brands subsidiary has partnered with the leading global venture accelerator firm Brinc with the aim to…
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GeneralBeginnerRecently, leading NFT marketplace OpenSea announced the acquisition of Dharma Labs, a digital wallet for cryptocurrencies, for an undisclosed amount; and that the Co Founder and CEO of Dharma Labs, Nadav Hollander would become OpenSea's chief technology officer. " This union will be a force…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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