Trump election bets boost Polymarket volumes to record $116M in July

The company said the funds will support the building of virtual sports cities around the world. 294 Total views 11 Total shares Sports Metaverse startup LootMogul secured a $200 million investment commitment from Gem Global Yield, providing the company a share subscription facility of up to $200 million for a 36-month term following an equity…

Gamers united to help with the relief and rebuilding efforts for victims of typhoon Rai, also known as typhoon Odette, in the Philippines. 640 Total views 25 Total shares The Philippines, a country that’s already been struggling to get back on its feet because of COVID-19, has been hit by a catastrophic super typhoon. Back…

LayerZero is a communication method that facilitates cross-chain applications. Its low-level messaging capabilities enable the development of omni-chain functionalities on top of it, such as decentralized exchanges, money market protocols and numerous other DeFi applications that can benefit from cross-chain liquidity provisions.The LayerZero platform was launched in September 2021 with Stargate Finance, a cross-chain bridge,…

Decentralized finance, more commonly known as DeFi, is quite complicated. Even the heads of DeFi companies seem unable to define the sector in a few sentences. So, here’s another attempt: DeFi is a financial ecosystem, in which it is possible to build tools, services and smart contracts and then bond them together on a blockchain,…

The merger could result in a valuation of the two firms at roughly $1.5 billion following a $150 million fundraising round from 10X Capital Venture. 75 Total views 3 Total shares Prime Blockchain, also known as PrimeBlock, is reportedly preparing for a public offering in the United States through a special-purpose acquisition company, or SPAC. In…

The COVID-19 pandemic brought a significant rise in broad-spectrum antibiotic prescriptions, leading to antibiotic resistance development within superbugs. Hong Kong’s Hospital Authority (HKKA) is planning to tackle a notable rise of two superbugs, vancomycin-resistant enterococci and Candida auris, with the help of artificial intelligence (AI). According to a South China Morning Post report from Nov. 24

Play-to-earn (P2E) gaming was one of the hottest sectors in the cryptocurrency market in 2021 and based off the recent moves of Yuga Labs and Bored Ape Yacht Club, the gaming industry could continue to be a winner in 2022.Axie Infinity was the first game to really capture widespread attention and highlight the possibilities of…