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The Dallas Symphony Orchestra is selling a collection of NFTs

July 31, 2021 classical, music, nft, orchestra, The Block Eddy 0

The Dallas Symphony Orchestra (DSO) has launched a three-tiered collection of non-fungible tokens, on digital marketplace Rarible, in an effort to support MET Orchestra musicians impacted by the pandemic. The collectibles commemorate a concert that took place at the Morton H. Symphony Center in Texas in May 2021. The orchestra was led by DSO music […]

Here’s the new geography of the bitcoin mining industry

July 31, 2021 Bitcoin, Bitcoin mining, Mining Eddy 0

Quick Take Now that China has cracked down on bitcoin mining, a new era is dawning for the global mining industry. Mining firms outside of China are poised to capture much of the market share that Chinese miners have lost. We mapped out the new ecosystem and categorized the new players by capacity, planned capacity, […]

Rep. Beyer introduces far-reaching framework in digital asset bill

July 31, 2021 congress, Legal, Regulation Eddy 0

Representative Don Beyer (D-VA) has introduced a bill that would create a far-reaching regulatory framework for digital assets. The “Digital Asset Market Structure and Investor Protection Act” seeks to delineate the treatment of crypto assets under five securities acts, the Commodity Exchange Act and the Bank Secrecy Act, as well as Federal Reserve treatment of […]

DeFi, smart contracts on PayPal’s radar as payments company looks to expand crypto footprint

July 31, 2021 $PYPL, Bitcoin, Companies, DeFi, Payments and Banking, Paypal, Smart Contracts Eddy 0

Comments from PayPal chief executive Dan Schulman during the payments firm’s second-quarter earnings call on Wednesday indicate an accelerating focus on cryptocurrency tech. Schulman said “we continue to be really pleased with the momentum we’re seeing on crypto,” according to a transcript of the call, nodding to the crypto offering’s expanded limits and the longer-term […]

Horizon Blockchain Games raises $4.5 million in new funding ahead of product launches

July 31, 2021 Funding, gaming, Horizon Eddy 0

Development studio Horizon Blockchain Games has raised a $4.5 million funding round. The pre-Series A round, which the firm described as a “SAFE from strategic gaming and blockchain investors” (meaning simple agreement for future equity), drew support from investors such as BITKRAFT Ventures, CMT Digital, The Xchange Company, Khaled Verjee and Zyshan Kaba. That figure […]

MicroStrategy’s Michael Saylor Defends the Massive $2.2 Billion Bitcoin (BTC) Debt

July 31, 2021 Bitcoin News, btc.d, BTCBRL, BTCBUSD, BTCDAI, BTCEUR, BTCGBP, BTCJPY, BTCKRW, BTCMXN, BTCNGN, BTCPAX, BTCRUB, BTCTRY, BTCTUSD, BTCUSD, BTCUSDC, BTCUSDT, BTCXRP, BTCZAR, michael saylor, microstrategy, News Eddy 0

On Thursday, July 29, business intelligence firm MicroStrategy revealed its second quarter results for 2021 declaring over $600 million with impairment losses with its bitcoin holdings. But company CEO and Bitcoin evangelist Michael Saylor continues to remain ultra-bullish on the future of Bitcoin. Saylor noted that buying Bitcoin right now is similar to buying Bitcoin […]

State Street partners with Lukka to bring crypto services to its private-fund clients

July 31, 2021 Blockchain, Companies, cpa.com, Cryptocurrency, Lukka, S&P Global, series c, state street Eddy 0

State Street Corporation has unveiled plans to offer cryptocurrency and digital asset services to its private-fund clients. The financial services company announced Thursday that it has partnered with crypto data and software provider Lukka to provide clients with collection, reconciliation and processing services. This development marks State Street’s latest step towards advancing into the crypto […]

Mark Cuban joins in $6 million SAFT fundraise for AlchemyNFT

July 31, 2021 AlchemyNFT, ETH, Funding, funding rounds, Mark Cuban, nft, NFT projects, NFTs, vitalik buterin Eddy 0

AlchemyNFT, a crypto project which lets users add utility to their non-fungible token (NFT) holdings, has raised $6 million in funding. The funding was secured in a combination of angel and seed rounds via a Simple Agreement for Future Tokens (SAFT) sale, AlchemyNFT founder Victor Zhang told The Block. There was no lead investor for […]

Ethereum-based video streaming platform Livepeer raises $20 million in Series B funding

July 31, 2021 DeFi, ETH, Ethereum, Funding, funding rounds, livepeer, series b Eddy 0

Livepeer, a decentralized video streaming platform built on the Ethereum blockchain, has raised $20 million in a new funding round. This was a Series B for equity, Livepeer co-founder and CEO Doug Petkanics told The Block. Digital Currency Group led the round, with Northzone, Coinbase Ventures, CoinFund, Animal Ventures, and 6th Man Ventures — a […]

Peter Thiel’s Valar Ventures leads $25 million Series A in crypto platform Vauld

July 31, 2021 Funding, funding rounds, India, lending, Peter Theil, series A, Singapore, Valar Ventures, vauld Eddy 0

Vauld (formerly Bank of Hodlers), a crypto trading and lending platform based in Singapore with most of its team in India, has raised $25 million in a Series A funding round. Peter Thiel’s Valar Ventures led the round, with participation from Pantera Capital, Coinbase Ventures, CoinShares, CMT Digital, Gumi Cryptos, and Robert Leshner’s Robot Ventures, […]