Anisha

Financial modeling company Gauntlet which specializes in crypto, has raised $23.8 million in a Series B funding round that saw participation from some major blockchain venture funds. This resulted in the company achieving Unicorn status, which means that it has reached a $1 billion valuation. As per the report by Bloomberg, the Palo Alto-based venture firm Ribbit […]

Mila Kunis is behind the new animated show powered by NFTs and this is another effort from the well-known actress to bring the blockchain and the cinema industry together. The show describes itself as “South Park Meets WWE” and comes after the previous NFT venture of the actress called Stoner Cats. The Stoner Cats revolved […]

Magic Eden is a Solana blockchain-based NFT marketplace that has raised $27 million in a new Series A funding round. It is important to note that this is one of the most promising NFT marketplaces that aims to give OpenSea a run for its money. The goal of the new funding round was to raise […]

Bitcoin has been known to be used for illegal means on many occasions and this has been a major concern for regulatory authorities in recent years. It is important to note the United States President Joe Biden has partnered with leaders from over 30 nations to bring down the illicit use of cryptocurrencies.  In such […]

This Thursday, the company behind the creation of the famous Bored Ape Yacht Club or BAYC NFT, Yuga Labs announced that it would be collaborating with the blockchain game publisher and venture capital Animoca Brands. However, the two companies have not revealed any information about the same except that the users can sign up via […]

Despite the sluggishness in the crypto market when the king coin is stuck between $34,000 and $46,000, there has been the active involvement of regulatory bodies along with new launches and innovations. Last week, the digital asset investment products saw $127 million worth of cumulative inflows, the largest inflow since December, as per research by CoinShares. […]

Do Kwon, the founder and CEO of Terraform Labs (TFL), which creates the Terra Luna (LUNA) and TerraUSD stablecoin (UST) blockchain ecosystems, said on Friday that TFL had donated 12 million LUNA ($1.1 billion as per the current market rate) to the Luna Foundation Guard (LFG).   LFG was founded in January with the goal of expanding the […]

Fantom Foundation technical advisor and Year.finance founder Andre Cronje had recently left the DeFi space after deactivating his Twitter account. His colleague Anton Nell revealed this Sunday through a tweet that he and Cronje are leaving the space altogether. https://twitter.com/AntonNellCrypto/status/1500405473337565191 The news spread like wildfire resulting in panic among investors who were concerned about the fate of around 25 […]

As per the consultancy PriceWaterhouseCoopers, or PwC, the sports industry is currently witnessing the biggest boom when it comes to Non-fungible tokens or NFTs, which is among the top ten trends in the North American sports industry. PwC outlines three major use cases of NFTs PwC Sports Outlook 2022 report lists three primary use cases […]

Israel has been on the headlines for its active participation in the crypto industry and the regulations involved with it. The Bank of Israel recently published a drafted regulatory framework on Anti-money laundering (AML) and Terrorism Financing (CFT) risk management for the commercial banks that are involved in crypto-to-fiat transaction offerings. This hints at the country’s plans […]

On Thursday, as per a recent report on the peculiarities of crypto investments made by wealthy people, published by the research startup on Wealth information, Wealth-X, self-made wealthy individuals around the world seem more likely to invest in crypto like Bitcoin as opposed to those who have inherited wealth.  This study is for wealthy persons with a […]

Ransomware has been one of the most serious concerns that people have when it comes to cryptocurrencies. A man in Canada who is accused of carrying out dozens of ransomware assaults in 2020, has now been arrested in the United States with over $28 million seized in Bitcoin at his home. The man has been charged to […]

The Crypto industry and crypto proponents lobbying culture is booming in the U.S. Congress. As per a report published by Public Citizen on Tuesday, the number of crypto-related issues’ lobbyists have surged from 115 in 2018 to 320 in 2021 along with the number of representatives from the crypto industry rising from 47 to 157 in the […]

The Federal Bureau of Investigation or FBI has played an important role in creating the regulatory framework for crypto in the United States. The director of the agency, Christopher Wray said that the U.S. is capable of blocking efforts to use crypto for sanctions evasion, resulting in fiat becoming a better avenue for Russia to […]

The digital Yuan or CBDC by China has always been in talks for its possible use to evade sanctions and compromise the personal data of users. Nine Republican senators have supported measures aimed at directing US government agencies’ policy around the matter. Senators Bill Cassidy of Louisiana and Marsha Blackburn of Tennessee, with the support […]

Following being shut down for around two months due to some technical glitch, DCash, the Central Bank Digital Currency (CBDC) of the Caribbean which is opted by eight island nations, has resumed its functions this Wednesday. DCash is back to offer its services The Eastern Caribbean Central Bank (ECCB) stated that the DCash platform is […]

Cryptocurrency market-making company GSR has joined hands with the Ethereum based decentralized oracle network (DON) Chainlink, which integrated real-world assets into DeFi, to contribute price data to DONs that could be used within the DeFi and smart contract implementations. The move clearly shows that the blockchain industry is continuously growing to improve interoperability and cross-platform capabilities. […]

On Thursday, the Stablecoin issuer Paxos has announced that it has finally got approval from the Monetary Authority of Singapore (MAS) for offering crypto services to local companies.  The firm said that it had received a license from the financial regulator in the country allowing it to offer blockchain and crypto services under Singapore’s Payment Services Act. […]