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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…
#news
DeFi 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…
#news
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…
#news
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…
#news
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
GeneralBeginnerRecently, Cryptocurrency exchange FTX signed a seven year partnership with Riot Games to sponsor its League of Legends Championship Series (LCS) franchised league in North America. Though financial terms of the deal were not revealed, according to the Riot Games it is the largest sponsorship…
#ftx#news
GeneralBeginnerRecently, NCR Corporation, a leading enterprise technology provider, signed a definitive agreement to acquire LibertyX. Leading cryptocurrency software provider and ATM network firm, LibertyX has collaboration with independent ATM operators, like Cardtronics, who own and manage ATMs in the United…
#cryptocurrency#news
GeneralBeginnerRecently, New York State Department of Financial Services (DFS) announced new initiatve to promote diversity, equity and inclusion in the banking and non depository financial industries. DFS, via a industry letter to New York regulated banking institutions and New York regulated non depository…
#cryptocurrency#news
GeneralBeginnerRecently, SKALE Network, Ethereum scaling project for powering Web 3, announced a strategic roll out of the first dApps to go live on Mainnet. SKALE said that the recent release of the SKALE IMA bridge helps applications to leverage the speed, security, and performance of SKALE in concert with…
#news
GeneralBeginnerRecently, Decentralized gaming startup Yield Guild Games announced the successful completion of its public sale, in which the entire token allocation was sold in 31 seconds. Yield Guild Games said that in all, 25 million YGG tokens were sold, raising a total of $12,496,000 in USD pegged stablecoin…
#news
GeneralBeginnerThree of India’s biggest private lenders ICICI Bank, HDFC Bank and Axis Bank have picked up a stake in blockchain technology focussed start up IBBIC Pvt Ltd, reported The Hindu. Axis Bank and HDFC Bank each acquired 50,000 shares, a stake of about 5.55%, INR for 5 Lakh, the Hindu said, citing…
#ibbic#news
