In brief FTX US has raised a $400 million Series A round, valuing the firm at $8 billion. The U.S. arm of FTX plans to expand its derivatives offerings, add stock trading, and provide NFT […]
In brief The Diem Association is exploring ways to sell its assets, per a Bloomberg report. The stablecoin project has weathered regulatory scrutiny and executive departures. Diem Association (formerly known as Libra Association), the stablecoin […]
The head of YouTube Gaming, Ryan Wyatt, will soon be leaving his post at the Google-owned tech company. Starting in March, Wyatt will become the CEO of Polygon Studios, a new venture dedicated to building […]
Who says Ethereum is only for DeFi and ape NFTs? In a bid to expand the use cases for decentralized tech beyond the usual suspects, Blockscan, the team that created the Etherscan blockchain explorer, has […]
In brief OpenSea may soon be adding support for Solana NFTs, per leaked screenshots. The images show functionality for Solana and the popular Phantom wallet. Leading NFT marketplace OpenSea is primarily focused on Ethereum, but […]
In brief Ripple’s valuation is now a third higher than in late 2019. The shadow of an SEC lawsuit still hangs over the company. Ripple is touting major growth in its payment business. Ripple announced […]
In brief The International Monetary Fund monitors the global financial system. It’s spending a lot of time looking in El Salvador’s direction. The International Monetary Fund (IMF), which monitors the global economic system and distributes […]
In brief Russia’s central bank last week said Bitcoin mining and transactions should be banned. But the finance ministry today said the country needs to “regulate, not prohibit” crypto. Russia’s finance ministry today called for […]
Don’t expect Kazakhstan Bitcoin miners to be earning any BTC during the final week of January. The state-run Kazakhstan Electricity Grid Operating Company (KEGOC) confirmed to Bloomberg that electricity has been cut off to Bitcoin […]
In brief Bored Ape Yacht Club is a popular series of NFT profile pictures minted on the Ethereum blockchain. They typically sell for many thousands of dollars, with a growing number of high-profile celebrities buying […]