Doodles NFT Raises $54M At $704M Valuation, Plans To Expand Into Music & Gaming
NFT collection Doodles just announced on Twitter that they managed to raise US$54 million in funding. Doodles plans to use the funding to expand into other areas like music and gaming. Doodles manage to raise US$54 million at a US$704 million valuation. The funding round was led by Reddit co-founder Alexis Ohanian’s Seven Seven Six […]
Bitcoin Mining Difficulty Hits ATH; Are Ethereum Miners shifting to Bitcoin Ahead Of The Merge?
As the name implies, bitcoin mining difficulty refers to the degree of difficulty involved in discovering new bitcoin blocks through mining. The bitcoin mining process is central to the security and validity of the entire bitcoin network. At its core, mining is discovering new blocks, verifying transactions and adding them to the Bitcoin blockchain. Miners will be the […]
IOHK’s Romain Pellerin On Cardano, Disrupting Intermediaries, & The Vasil Upgrade
The cryptocurrency market is a volatile one. With multiple 1000% surges daily, Terra Luna’s crash, and constant rugs, it is hard to keep a project going for long. In fact, only one token has stayed in the top 10 since 2017, aside from Bitcoin, Ethereum, and XRP. And that token is Cardano ($ADA). The project […]
Inflation Drops Slightly To 8.3% Causing Bitcoin To Tumble, Making Sense Of How It Affects The Crypto Market
How Interest Rates Affect The Crypto Market
Using The On Balance Volume (OBV) To Execute Your Crypto Trades
Volume is an important indicator that every crypto trader should understand. Especially in the world of crypto and across the equities market, this indicator is prevalent and often taken as a reference. Volume is often confused between the two major terms being thrown around; On-Chain volume and Trading volume. While on-chain volume refers to the […]
Something Is Brewing! Starbucks Is Building Its NFT-Based Loyalty Program on Polygon
The largest coffeehouse chain, Starbucks, just officially announced its new NFT-based loyalty program built on the Polygon blockchain. The company’s Starbucks Odyssey is set to launch later this year and it is a loyalty program that allows customers to earn a broader set of rewards and immersive experiences. The perks from Starbucks Odyessy go beyond […]
This Is Only The Beginning For Ethereum; An Ultimate Guide For The Merge
The biggest crypto event is upon us an we decided to curate a list of how you can prepare for the Ethereum merge. A Quick Recep On The Merge The Merge represents the shift from PoW (proof of work) to PoS (proof of stake). Take it as one of the biggest “software upgrades” in the […]
Is The White House Moving To Ban Proof Of Work?
In a recent report by the White House Office of Science and Tech, a worrying statement was included. The 37-page long document, which looked at the “climate and energy implications of crypto-assets in The United States”, covered topics from the validity of Blockchain Technology, to the pollution caused by various cryptographic solutions. While several positive […]
Here’s What You Can Expect From TOKEN 2049’s Closing Event
As Asia’s premier crypto event, Token 2049 is raising the bar for crypto conferences – and that includes night life. The event, which will run from the 28th to 29th September, features a prominent list of speakers accompanied by an impressive line of side events. Furthermore, the official closing event, occurring on 30th September (Friday), […]
Entering The Metaverse: DBS Partners With The Sandbox To Launch “DBS BetterWorld”
Singapore-based bank DBS announced today (September 9) that it will buy land in the metaverse to create and build a virtual community. The partnership with The Sandbox, a decentralized metaverse gaming platform, will allow DBS to build new services for clients in the metaverse. “We welcome DBS to The Sandbox as the first bank in […]
“One Of The Big Winners Of The Market Correction”: TGV4 Plus Invests $17.2M In Animoca Brands
In a press release dated 8 September 2022, True Global Ventures 4 Plus (TGV4 Plus) announced a US$17.2 million convertible note investment into Animoca Brands. This was the first investment of it’s TGV4 Plus Follow On Fund, which has a group of 15 General Partners. This was part of a US$110 million funding round led […]
Not Just A MEME: GameStop Goes Full Crypto In Partnership With FTX US
Without a doubt, GameStop ($GME) was a huge part of 2021, kick-starting a “meme stock” trend that saw many amateur investors hopping on the bandwagon. The craze sent the stock prices soaring. At its peak, GameStop managed to hit a record of US$325 per stock with a US$22.6 billion market cap. The biggest meme stock […]
