October 5, 2022

[ad_1] Horizon Blockchain Games, the developer behind the Skyweaver game, has raised $40 million in Series A funding, the company disclosed on Oct. 4. The round was led by Brevan Howard Digital and Morgan Creek Digital, with additional participation from Polygon, Take-Two Interactive, Ubisoft, Xsolla, The Sandbox co-founder Sebastien Borget, Sky Mavis and Axie Infinity …

Skyweaver’s parent company secures $40M in Series A funding Read More »

[ad_1] FTX has bid $1.4 billion for Voyager Digital’s assets, looking to provide users a way out if they move to its platform, but there are risks. [ad_2] Source link

[ad_1] Nonfungible tokens (NFTs) have seen a stratospheric surge in popularity accompanied by sky-high values, giving rise to legitimate and ongoing worries about a market bubble, as many projects lacked real-world application or utility. NFT utility is an essential component because it adds value and functionality to the technology. One of the most well-known use …

Mainstream NFT adoption will be driven mostly by their utility Read More »

[ad_1] The SHA-256 cryptographic hashing function, which converts any input data into a 256-bit string (the hash), is one of the technologies using which Bitcoin measures its hash rate. Due to the one-way nature of this function, it is simple to determine the hash from an input but not the other way around. A hash …

What is Bitcoin hash rate and why does it matter? Read More »

[ad_1] The executive chairman of MicroStrategy, Michael Saylor, does not like to be called out. He responded to a poll shared by Eric Wall, a crypto researcher, that suggested he had not used Bitcoin’s (BTC) layer-2 Lightning Network more than three times with a Twitter poll of his own. The correct answer is Yes, and …

Michael Saylor snubs claims he doesn’t use Bitcoin Lightning Network Read More »

[ad_1] Emerging markets continue to forge their way into the crypto scene finding a plethora of use cases, especially in the combined Middle East and North Africa (MENA) region. A new report from Chainalysis reveals that the crypto market in the MENA region is the fastest growing in the world. Transaction volume in the MENA …

Middle East and North Africa are fastest-growing crypto markets: Data Read More »

[ad_1] After 47 years in charge of the world’s largest hedge fund, Bridgewater Associates, its founder Ray Dalio has finished a leadership transition that began in February. He is no longer one of three co-chief investment officers but will remain a chief investment officer mentor and Operating Board member. As announced on Oct. 4 on …

Crypto-friendly Ray Dalio steps back from Bridgewater’s $150 million fund Read More »

[ad_1] The Federal Bureau of Investigation (FBI) Miami Field Office has warned that crypto ATMs are emerging as a popular method that scammers use to receive funds from defrauded victims. The information was revealed as part of an Oct. 3 public warning about “pig butchering scams” where scammers pose as long-lost friends or potential romantic …

Crypto ATMs emerging as popular method for crypto scam payments: FBI Read More »

[ad_1] Bitwise Asset Management announced on Oct. 3 a new exchange-traded fund (ETF) to both institutional and retail investors, giving them access to companies “positioned to benefit” from Web3 growth.  Bitwise in a statement said it marks “the next wave of the internet’s development characterized by greater decentralization and individual ownership of data.” We have …

Bitwise launches Web3 ETF for institutional and retail investors Read More »

[ad_1] In an unexpected u-turn, Tesla CEO and billionaire Elon Musk looks set to complete his $44 billion acquisition of Twitter, alleged spam bots, fake accounts and all.  According to the notice filed by Musk’s lawyers with the Delaware Chancery Court on Monday, which was overseeing the trial, Musk is ready to “proceed to closing …

Musk’s deal for Twitter looks set to go with original $44B price tag Read More »