Ethereum layer 2 SOON raises $22M via NFT sale for mainnet launch

Singapore’s state investment firm Temasek Holdings Pte has invested in enterprise blockchain software firm and global banking consortium R3, according to a Bloomberg report Nov. 22.Temasek is a Singapore government-owned investment company, which has reported its Asia-focused portfolio to be worth around S$308 billion ($235 billion) as of spring 2018.Bloomberg today cites an “internal memo,”…

Four collaborative NFTs launched by musician Two Feet and visual artist FEWOCiOUS have generated more than $1m in Nifty Gateway’s largest auction of 2021 so far. 1668 Total views 8 Total shares The auctions were organized by Illumino, an NFT-focused firm seeking to bring “tastemakers and artists” together to launch innovative art on-chain. Illumino was…

Tether Holdings Ltd, the issuer of the largest stablecoin, Tether (USDT), reported that its total market capitalization had crossed $64 billion for the first time in history.The company called the event a “milestone,” adding that it is another indication of the cryptocurrency market’s “continued trust and confidence” in its stablecoin.— Tether (@Tether_to) August 16, 2021…

The SEC commissioner Hester Peirce believes that a Bitcoin ETF could help price more fairly Grayscale’s Bitcoin Trust (GBTC). 1568 Total views 54 Total shares In a Bloomberg interview, the SEC commissioner, Hester Peirce, said the approval of a Bitcoin (BTC) ETF by the regulator could help price Graysclale’s GBTC more fairly.The commissioner has again…

The legislation included revisions to laws aimed at prohibiting discriminatory electrical rates for mining firms, and not allowing taxation for crypto used as a method of payment. Own this piece of history Collect this article as an NFTGreg Gianforte, the Governor of Montana, has signed into law a bill largely preventing local governments in the…

The WEF's blockchain project lead said the technology has its place, but likely will not takeover as the underpinning of all systems. Ashley Lannquist, blockchain project lead for the World Economic Forum, or WEF, explained blockchain has its use cases, but the technology is not without limitations. "I think it is unlikely that blockchain technology will…

Tokyo-based security software manufacturer Trend Micro has found Bitcoin (BTC) automated teller machine (ATM) malware available for purchase online, according to a blog post published August 7. In the blog post, Trend Micro cites an advertisement posted by an “apparently established and respected” user on a darknet forum. For the price of $25,000, criminals could…

Over the past week, the global crypto community bore witness to a unique case wherein California resident and blockchain entrepreneur Seth Shapiro filed a lawsuit against American telecom giant AT&T — alleging that a couple of the firm’s employees had perpetrated a nefarious SIM-swap scheme that resulted in the former losing $1.8 million in various…