Babafemi Adebajo

Gaming firm Ubisoft has unveiled the beta version of its new NFT platform, Quartz. This was contained in a press release by the company on Tuesday. In doing so, Ubisoft has become the first major gaming firm to embrace non-fungible tokens (NFTs). The announcement also indicates that plans are underway for a broader blockchain-based metaverse. […]

Several venture capitalists (VCs) are considering backing the Ethereum layer 2 solution Polygon network with funding. The investment could be as much as $50 million to $150 million according to a TechCrunch report on Monday. The report suggests that Sequoia Capital India, Steadview Capital, and several other unidentified VCs will invest in the network. The […]

After completing a successful seed round, Gaia Everworld has announced an NFT sale in partnership with the Binance NFT marketplace. Recall that we recently reported that virtual land purchase accounts for the largest percentage of last week’s $300 million NFT sales. The project also hopes to sell land in its gaming universe as NFT assets. […]

Through its $1B Growth Program, Binance has unveiled a $200 million funding program alongside Animoca Brands. The fund will be used to accelerate and incubate blockchain gaming startups built on the Binance Smart Chain (BSC). Each of the investors will put forward about $100 million. The fund will help accelerate identified gaming projects in the […]

A consortium comprising 70 Japanese companies has unveiled its plan for a yen-based cryptocurrency in 2022. The group published this information in a whitepaper released by its secretariat on Thursday. Several high-ranking Japanese companies including, Mitsubishi UFJ Financial Group Inc. and Mizuho Financial Group are on the project. According to the project progress report, the […]

German apparel brand, Adidas Originals, has announced its partnership with a crypto exchange, Coinbase in a tweet. Although the specifics of the collaboration are not public, many speculations trail the announcement because of the vague details. We’ve partnered with @coinbase. Probably nothing. — adidas Originals (@adidasoriginals) November 24, 2021 While some suggest that the partnership means […]

Kazakhstan has introduced regulations to limit how much retail investors can put into cryptocurrency investments using crypto exchanges. This was contained in a report published by local news outlet Kapital.kz. According to Kapital, the regulatory limits rook effect on October 26, 2021. Based on the regulation, retail investors can invest up to $1000 monthly without […]

BNPL firm, Klarna has completed the acquisition of Swedish comparison shopping service, PriceRunner for an undisclosed amount. The company announced its latest acquisition on Monday. David Fock, Klarna’s chief product officer stated, “The acquisition will serve to strengthen our bank, card and payment services and support a competitive global landscape.” PriceRunner has built a formidable […]

The Commonwealth Bank of Australia (CBA) has concluded plans to commence crypto trading on its digital app. The service will be available for the 6.5 million users who use the CommBank app. The decision will make CBA the first bank in Australia to provide support for crypto. To launch its crypto service, the bank has […]

CBDC network can potentially save multinational corporations about $100 billion yearly in transaction costs. A report titled ‘Unlocking $120 Billion Value in Cross-Border Payments’ by Oliver Wyman and JP Morgan revealed this. The Problem According to the report, multinationals move over $23 trillion annually. This figure amounts to around 25% of the world’s GDP. Unfortunately, […]

African cross-border payments company, Chipper Cash, has completed its Series C extension funding round. The round saw the company raise $150 million and attain a market valuation of over $2 billion. This comes on the heels of its initial Series C funding where the company raised $100 million in a funding round led by SVB. […]

Cryptocurrency lender, Celsius Network, has completed the acquisition of Israeli cybersecurity company GK8 in a deal worth $115 million. This was announced by the company on Monday. The acquisition comes one month after the crypto lender received a cease-and-desist order from Kentucky’s financial regulators. According to the regulators, the crypto accounts were in breach of […]

Data archiving protocol, KYVE, has completed its Series B funding with about $2.8 million. The funding round was led by Permanent Ventures and Hypersphere Ventures. It also featured several investors like Arweave, Avalanche Foundation, Coinbase Ventures, NEAR Foundation, Solana Foundation, Zee Prime, and more. The funding round comes barely six months after the initial funding […]

Rarible has unveiled its plan to partner with Adobe to allow NFT creators to authenticate their work with Adobe Content Credentials. The plan will allow NFT creators to take the accolades for their work. NFT marketplace, Rarible made this known in an announcement on Tuesday. Creators will be able to add their wallet addresses and […]

Crypto exchange and token listing platform, CoinList has raised $100 million in its latest funding round. With the funding round, the firm has achieved unicorn status with a market valuation of $1.5 billion. Per the announcement, the round was led by venture capitalists, Agman Partners, and Accomplice. Some of the others who participated in the […]

Singapore-based payments provider Nium has unveiled a global Crypto-as-a-Service (CaaS) solution for the fintech industry. The company also announced it was extending its Banking-as-a-Service (BaaS) solution to the United States. According to the statement, the CaaS solution will allow the fintech institutions to add “in-demand capabilities” for cryptocurrency investments. Initially, the cryptocurrency investment service will […]

Barely one month after announcing its intention to roll out a digital wallet, Robinhood’s waitlist has exceeded one million customers. Robinhood CEO Vlad Tenev stated this during CNBC’s Disruptor 50 summit on Thursday. “We rolled out our wallets waitlist. A lot of people have been asking for the ability to send and receive cryptocurrencies, transfer […]

U.S retail giant, Walmart has announced the installation of 200 bitcoin ATMs across its stores in the nation. This is part of a pilot test program. It may see Walmart install up to 8000 ATMs across its chain of stores. From these ATMs, Walmart customers will be able to purchase bitcoin. This is made possible […]