Nifty News: Bitcoin surges to 2nd largest NFT chain, StepN integrates Apple Pay and more…

Bitcoin (BTC) price lost support at $9,000 on Nov. 8 after several days of downward action finally saw markets make a decisive move.Data from Coin360 showed BTC/USD breaking out of its narrow trading corridor between $9,000 and $9,500 on early Friday. Bitcoin flickers bearishThat corridor had broadly characterized the largest cryptocurrency since the end of October.…

Gemini has announced a $2.18 billion distribution to its Earn program users 18 months after it suspended withdrawals.

Blockchain VC investment firm Hashed is seeking $173 million for a second fund. 944 Total views 5 Total shares One of South Korea’s leading blockchain evangelists is embarking on another huge blockchain fundraise following the success of his first.Simon Seojoon Kim is planning to raise $173 million for a second blockchain fund following the success…

U.K. insurance market leader Lloyd’s of London will insure a crypto custody platform by U.S.-based custodial firm Kingdom Trust, according to a press release published August 28. Founded in 1686, Lloyd’s of London is a British insurance firm that is active in over 200 countries. The company reportedly paid claims in the amount of £68…

Earlier this week, Russian tech startup Waves announced it has been testing a blockchain solution for payments in the retail electricity sector. The pilot program was initiated by Rosseti, Russia’s national energy grid operator, which is looking to automate and make transactions between energy producers, suppliers and consumers more transparent.Now that the first stage has…

The AI metaverse company raised $54 million in a Series A round in July. 52 Total views 1 Total shares Shara Senderoff and Aaron McDonald, co-founders of AI and metaverse company Futurverse, have launched a new $50 million venture fund and studio.According to the Aug. 3 announcement, the fund is dubbed "Born Ready" and will…

After struggling to receive recognition of legitimacy within the mainstream zeitgeist during its sophomoric years, distributed ledger technology (DLT) now comprises the driving force behind a new wave of technological creative destruction. Today, we are going to take a look at some of the industries and processes that are most dramatically undergoing a transformation in…

The Icon Foundation, the group behind the Icon blockchain network, is giving away 3 million ICX tokens — worth ~$570,000 — in anticipation of its upcoming Public Representative (P-Rep) elections. The giveaway will last from August 26 to September 24 for IXC token holders who opt to participate in P-Rep voting.Icon shared news of the…

The billionaire crypto investor admits there are still hard times ahead for most financial markets, but says that as long as the crypto space produces new tech, it will be fine. 1298 Total views 8 Total shares Billionaire crypto investor and owner of the Dallas Mavericks Mark Cuban says the current market downturn reminds him…