The Bored Ape Yacht Club’s metaverse launch helped push OpenSea to a new one-day record, and a strong rebound for the month of April overall.
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NFT Gaming Investor Animoca Brands Valued Above $5B After $359M Raise
In brief Animoca Brands, an investor in metaverse startups, has raised nearly $359 million. The firm is now valued above $5 billion, up from $2.2 billion in October. Animoca Brands, a leading investor in NFT […]
Bitcoin's Energy Consumption Drops By A Quarter Following Crypto Crash
The Bitcoin network’s power consumption has fallen to 11 GW as of yesterday, down 27% from 15 GW in April, according to the Cambridge Bitcoin Electricity Consumption Index (CBECI). The index, which estimates the amount […]
Binance Plans Acquisition Spree of Non-Crypto Businesses: Report
Crypto exchange Binance is planning an acquisition spree that will target companies operating in traditional markets, according to the Financial Times. “We want to identify and invest in one or two targets in every economic […]