Prediction markets are the killer blockchain app we've been waiting for
As markets continue to evolve and integrate with Web3 — from DeFi to gaming — we’re likely to see an explosion of creativity.
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Top 5 cryptocurrencies to watch this week: BTC, LINK, UNI, XTZ, ATOM
Bitcoin (BTC) price has yet to recapture the $40,000 level and traders who were expecting a quick resumption of the uptrend may have been caught off guard by the recent pullback. This could have led to the liquidation of about $500 million worth of cryptocurrency futures positions in the past 24 hours.Over leveraged positions provide…
Wall Street Journal corrects article misciting Hamas’ crypto terrorism funding data
Elliptic, the firm which Wall Street Journal sourced the data from, said it was “pleased” to see the news outlet acknowledge its mistakes. 175 Total views 2 Total shares The Wall Street Journal (WSJ) has partially corrected an article whic mischaracterized the extent to which Hamas and other militant groups have been funding its terrorism
Unizen ‘CeDeFi’ smart exchange secures $200M investment from GEM
The alternative investment group is banking on the “CeDeFi exchange” to shape the “future of finance” with a commitment that will bolster Unizen’s ecosystem. 388 Total views 13 Total shares Cryptocurrency exchange Unizen has scored a $200 million investment from private equity group Global Emerging Markets (GEM) which it will use to expand its business…
Coinbase to reportedly buy the $2.2B Brazilian unicorn behind Mercado Bitcoin
A Brazilian newspaper, Estadão, reported that Coinbase could complete the acquisition of $2.2 billion 2TM, the company behind Mercado Bitcoin, by April. 768 Total views 23 Total shares Coinbase is set to continue its global acquisition strategy, reportedly buying the Brazilian company 2TM, the parent company of Mercado Bitcoin. According to information from Estadão, the third-largest newspaper…
Australian dev aims to bring Cardano payments to Shopify stores
Shopify stores could soon allow users to pay for products with Cardano tokens with a new app that removes any payment intermediaries. An Australian developer has almost completed work on a Cardano (ADA) app that will allow all Shopify stores to transact in ADA tokens and other tokens that run on the Cardano network. The…
Insurance Blockchain Startup B3i Raises $16 Million
Zurich-based blockchain startup B3i Service AG has increased its capital by $16 million in February, according to recently published filings from the Swiss commercial register.B3i Service AG — a blockchain initiative formed by “Blockchain Insurance Industry Initiative” B3i in 2018 and run by several international insurance companies including Munich Re and Swiss Re — has…
Bahamas National Cryptocurrency Developer Says Startups Essential for Adoption
The CEO of transactions firm NZIA Ltd, Jay Joe, says Bahamian tech startups will need to lead the development of Project Sand Dollar, according to a report by the Nassau Guardian on May 31.Project Sand Dollar is an initiative to tokenize the Central Bank of the Bahamas’ (CBOB) fiat currency as a central bank digital…
GameStop fires CEO Matt Furlong months after axing crypto push
The executive, once instrumental to the company’s NFT efforts, was "terminated" amid lackluster Q1 earnings. 96 Total views 1 Total shares Gamestop has fired its CEO Matt Furlong, the executive responsible for launching the company’s push into nonfungible tokens (NFTs).According to a June 7 statement, Furlong was terminated while Ryan Cohen — a billionaire investor…