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OpenSea Acquires Dharma Labs to Explore Fiat for NFTs

January 19, 2022 AA News, Crypto News, Non-fungible token (NFT), Opensea, social Eddy 0

On January 18th, OpenSea announced that it had acquired Dharma Labs for an undisclosed amount. The world’s top NFT marketplace was recently valued at $13.3 billion following its latest funding round. Sources at the 2017-founded firm told Reuters that deal would help it “dramatically improve the experience of buying, minting, and selling NFTs” on its […]

India-Based TikTok Competitor Chingari Closes $15 Million Funding Round

January 19, 2022 AA News, Crypto News, Okex Eddy 0

One of the world’s most prominent cryptocurrency exchanges, OKEx, has invested in the short-video platform Chingari which announced raising $15 million in a funding round. As part of OKEx’s strategic investment in Chingari, the startup’s native token GARI will be listed on the exchange on January 18. Five more crypto exchanges are set to list […]

VC Firm Blossom Capital Raises $432M to Invest in the Cryptocurrency Ecosystem

January 18, 2022 AA News, Crypto News, social, United Kingdom Eddy 0

The London-based venture capital company Blossom Capital raised $432 million to invest in early-stage tech startups in Europe. The firm has reserved a third of the proceeds for investments in the cryptocurrency industry. Blossom Capital Eyes the Crypto Universe The cryptocurrency initiative, which the British organization launched, does not come as a surprise since its […]

Malaysia to Explore the Potential Launch of a CBDC (Report)

January 18, 2022 AA News, CBDC, Crypto News, social Eddy 0

Bank Negara Malaysia (the central banking institution of the nation) has reportedly joined the global race to develop a digital version of its national currency. As of the moment, the project is still in a research mode as the county is only “assessing the value proposition” of such a financial product. Malaysia Enters the CBDC […]

Chinese Authorities Crack Rug Pull Scam, Arrest 8 Individuals

January 18, 2022 AA News, China, Crypto News, Crypto Scams, social Eddy 0

The public security bureau of Chizhou city in the eastern province of Anhui has frozen six million yuan or nearly $1 million worth of crypto assets and arrested eight people for defrauding its investors since last year. Rug Pull Crypto Scam Chinese authorities have arrested eight in a rug pull scam involving 50 million yuan […]

The Cardano Foundation Partners with EMURGO to Develop New dApps

January 18, 2022 AA News, ADABTC, ADAUSD, Cardano, Crypto News, social Eddy 0

The Cardano Foundation teamed up with its official commercial arm – EMURGO – to launch a joint project. The main goal is to support the ecosystem of the blockchain protocol and accelerate decentralized application development. ‘We Want to Ensure We Enable The Architects of The Future’ According to a recent blog post, the project will […]

Intel Plans Bitcoin Mining Chip Reveal At Upcoming Conference

January 18, 2022 AA News, Bitcoin mining, Crypto News Eddy 0

Intel – the world’s second-largest semiconductor chip manufacturer – appears to be planning a Bitcoin mining chip reveal. At this year’s ISSCC conference, the organization has a presentation scheduled under the “Highlighted Chip Releases” category to showcase a “Bonanza Mine” processor. The Bonanza Mine Processor As reported by Tom’s Hardware, Intel describes the chip as […]

OlympusDAO Establishes OHM as a Liquid Asset within the Balancer Ecosystem

January 18, 2022 AA News, Balancer, Crypto News, DeFi, DeFi News Eddy 0

The decentralized finance protocol OlympusDAO collaborated with Balancer to set up OHM as a liquid asset within the latter’s network. CopperLaunch and PrimeDAO will facilitate the front end of the Liquidity Bootstrapping Pools (LBPs) by adding OHM as a collateral token. The Specifics of The Project According to a document seen by CryptoPotato, the decentralized […]

Crypto.com Users Reportedly Lose $15 Million Or At Least 4,600 ETH

January 18, 2022 Crypto exchange scam, Crypto News, Crypto.com, ETHAUD, ETHBKRW, ETHBRL, ETHBTC, ETHBUSD, ETHDAI, ETHEOSDT, ETHEUR, ETHGBP, ETHHUSD, ETHJPY, ETHKRW, ETHMXN, ETHPAX, ETHRUB, ETHTRX, ETHTRY, ETHUSD, ETHUSDC, ETHUSDT, ETHUST, ETHZAR, News, Uncategorized Eddy 0

On Monday, January 11, the popular crypto trading platform Crypto.com has suspended all deposits and withdrawals citing some “unauthorized activity” taking place at some accounts. However, it has restored some of the accounts back and withdrawal services stating that the accounts are safe. Update: Withdrawal services have been restored. All funds are safe. It will […]

Coinbase Partners With Mastercard to Make NFT Purchase Easy

January 18, 2022 AA News, Coinbase, Crypto News, MasterCard, Non-fungible token (NFT), social Eddy 0

Leading cryptocurrency exchange Coinbase has teamed up with payment processing giant Mastercard to simplify purchasing non-fungible tokens. According to an official blog post today, Coinbase is planning to make it easier for newcomers to join the booming NFT market by employing a similar strategy as it did with its cryptocurrency exchange. Despite the growth of […]

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