The Sandbox raises $20M at $1B valuation, promises to expand creator economy

Bitcoin (BTC) faces a “cycle bottom” this year in which it could drop over 50% from current levels, research claims.In a Twitter thread on June 1, Venturefounder, a contributor at on-chain analytics platform CryptoQuant, forecast 2022 as Bitcoin’s year to “capitulate.”Bitcoin now has "best 3-year ROI ever"Based on historical patterns involving Bitcoin’s halving cycles, this…

Chris Dixon has topped the Forbes “Midas List” as the most successful venture capital investor in 2022. 85 Total views 1 Total shares Crypto venture capital firms have been investing at unprecedented rates recently and Andreessen Horowitz is one of the industry’s leaders making huge returns on their investments.Andreessen Horowitz (a16z) general partner Chris Dixon…

AgriDex’s blockchain-based platform enabled a South African farm to complete a trade with a London importer, showcasing the benefits of onchain settlements.

CoinfloorEX, a unit of the United Kingdom cryptocurrency exchange Coinfloor, has been reorganized to offer trading of physical Bitcoin futures on the Asian market. The CEO of the company has revealed this in an interview with Bloomberg on Monday, Jan. 7.The rebranded CoinFLEX — short for Coin Futures and Lending Exchange — is reportedly owned…

Institutional interest in crypto is growing, confirmed by a Goldman Sachs survey, which found that 40% of the company’s high-net-worth clients were already exposed to cryptocurrencies. Stablecoins — which offer a more secure and steady option in the crypto space — have experienced hyper-growth, reaching a $119 billion market cap. The volatility of crypto has…

In the past hour Bitcoin (BTC) price perked up and rallied 14.33% to a daily high at $5,940. The strong upside move allowed the price to break out of the tight $5,070-$5,520 range but at the time of writing the price is pulling back below into its previous trading range.BTC USDT 1-hour chart. Source: TradingViewThe…

The response by the artificial intelligence firms raises questions about how copyright law principles such as authorship, infringement and fair use will apply to content created or used by AI. 741 Total views 23 Total shares Own this piece of history Collect this article as an NFTMidjourney, Stability AI and DeviantArt issued a response on…

The warning was issued after crypto exchanges jumped on the trend of providing proof-of-reserves reports to ease concerns after the FTX collapse. 305 Total views 7 Total shares Own this piece of history Collect this article as an NFTThe Public Company Accounting Oversight Board (PCAOB) — a watchdog that oversees audits of public companies in…

Cover Protocol will distribute new "coins" to token holders as Binance announces compensation for affected traders. 1357 Total views 9 Total shares Peer-to-peer coverage market Cover Protocol has published a compensation plan for token holders and liquidity providers affected by the recent hack. As part of the process, the Cover Protocol team took a snapshot at…