Participants piled $7 million into a dutch auction to win one of 50 Golden Tokens granting ownership to unminted NFTs from artist Tyler Hobbs.
Aussie cyber spies to control critical infrastructure during ransomware attacks
The new bill, if passed, will allow cyber warfare operatives to take over control of critical infrastructure under attack.
Galaxy Interactive raises another $325M fund aimed at Metaverse and next gen games
The venture capital firm will fund companies in the interactive sector that combine content, finance and tech.
Bakkt sheds more than 6% on first of public trading
The price of BKKT contracted by more than 6% during its first day of public trade.
El Salvador removes BTC price feed from Chivo app to crack down on arbitrage scalpers
Users of the Salvadoran government’s Chivo wallet will not be able to see frozen price quotes until the feature has been removed to deter arbitrage scalpers.
Ghana to explore offline transactions for upcoming CBDC
Offline CBDC functionality will help bring financial services to Ghanans who lack access to bank accounts or an internet connection.
Mexican medical firm embraces blockchain for covid test certificates
MDS Mexico will use blockchain technology to verify the authenticity of its rapid coronavirus test results.
Texas should use Bitcoin mining to capture wasted natural gas: Sen. Ted Cruz
Senator Cruz predicts that Bitcoin mining will be used to capture wasted renewables and Texas’ power grid within five years.
Institutions buying Bitcoin rather than gold as inflation cranks up: JPMorgan
According to JPMorgan this week’s rally has been driven by institutional investors hedging against inflation with Bitcoin.
MoneyGram launches USDC settlement using the Stellar blockchain
The partnership will enable MoneyGram customers to fund and withdraw from their accounts using the USDC stablecoin at physical branches.
Thailand’s tourism authority is considering creating its own utility token
The proposed TAT Coin will enable tourism operators to cash in on the popularity of cryptocurrencies.
Another Ethereum mining pool forced to close due to China crackdown
Beepool, the fourth largest Ethereum mining pool will shut down operations following Beijing’s anti crypto posture.
Northern Data to obtain 33K ASIC miners through Bitfield acquisition
Northern Data believes the acquisition will position it as a leading mining firm globally.
Facebook announces $50M investment fund tasked with developing its virtual metaverse
Facebook has slated $50 million to be spent over the next two years through its XR Programs and Research fund.
Aussie crypto fund manager sentenced to 7 years for stealing $54M from investors
A fund manager has been sentenced to more than seven years in prison for operating a Ponzi scheme that cheated investors out of $54 million.
Ark Invest to split ‘60% Bitcoin, 40% Ether’ as confidence in ETH grows ‘dramatically’
Ark Investment CEO believes Ethereum’s development is promising and Bitcoin’s value will continue to rise as more companies and institutions adopt the cryptocurrency.
EY selects Polygon to scale its enterprise blockchain products on Ethereum
EY is integrating its blockchain products with Polygon to mitigate the high fees and congestion associated with transacting on Ethereum mainnet for its enterprise clients.
Play-to-earn gold rush as Crypto Gaming Guild and Zebedee raise millions from VCs
Play-to-earn is booming, with startups Crypto Gaming United and Zebedee closing funding rounds of $5 million and $11.5 million respectively.
Cardano founder says crypto will be vital to Afghani fight against Taliban
Afghans will leverage crypto assets as a store of value and to preserve financial privacy amid the Taliban’s dramatic insurgence, predicts Charles Hoskinson.
Dogecoin Foundation demands copycat memecoin ‘Dogecoin 2.0’ change its name
Fresh-faced memecoin, Dogecoin 2.0, has ruffled the feathers of the Dogecoin Foundation with its name.