Coinbase shares plummeted more than 25% Wednesday and hit their lowest level ever, writes Paul R. La Monica. Here is the link: https://www.cnn.com/2022/05/11/investing/coinbase-stock-bitcoin-cryptocurrencies/index.html
Flow launches $725M Blockchain development fund with A16z, Digital Currency Group and other investors...
NBA Top Shot’s host blockchain, Flow, is getting a $725 million boost through a new ecosystem fund backed by its developer’s company’s investment arm, Dapper Ventures, and a high-profile group of...
Zynga has appointed Matt Wolf as its vice president, Blockchain Gaming.
Alchemy, a developer platform for blockchain and Web3, has raised a $250 million Series C round of funding.
About $90 million has mistakenly gone out to users of Compound, a popular decentralized-finance staking protocol, and the founder is begging users to voluntarily return the tokens, writes MacKenzie Sigalos. Here is...
El Salvador has mined 0.00599179 bitcoin, or about $269, with power harnessed from a volcano, in a first for the country, writes MacKenzie Sigalos. Here is the link: https://www.cnbc.com/2021/10/01/el-salvador-just-started-mining-bitcoin-with-volcanoes-for-the-first-time-ever-and-theyve-already-made-269.html
The declines come after the People’s Bank of China said all crypto-related activities are illegal, writes Ryan Browne. Here is the link: https://www.cnbc.com/2021/09/24/bitcoin-ethereum-sink-as-china-intensifies-crypto-crackdown.html
What is an NFT, anyhow? Mitchell Clark explains beautifully: https://www.theverge.com/22310188/nft-explainer-what-is-blockchain-crypto-art-faq
Blockchain-based fantasy soccer game Sorare has raised $680 million in a funding round led by SoftBank, writes Elizabeth Howcroft. Here is the link: https://www.reuters.com/technology/softbank-leads-680-million-funding-round-nft-fantasy-soccer-game-sorare-2021-09-21/
El Salvador bought 400 bitcoin worth about $20.9 million, one day before it formally adopts the world’s most popular cryptocurrency as legal tender, writes Arjun Kharpal. Here is the link: https://www.cnbc.com/2021/09/07/el-salvador-buys-400-bitcoin-ahead-of-law-making-it-legal-currency.html
Blockchain startup Simba Chain has closed a $25 million Series A funding round.
Prices for graphics processors in China have plummeted following the nation's crackdown on cryptocurrency mining, ownership, and trading, writes Katyanna Quach. Here is the link: https://www.theregister.com/2021/06/22/as_china_shutters_cryptomining_plants/
Mphasis, an Information Technology (IT) solutions provider specializing in cloud and cognitive services, has inked an partnership with R3.
Square, the payments company with Jack Dorsey at the helm, has purchased approximately 4,709 bitcoins at an aggregate purchase price of $50 million.
Sixty Coinbase employees have accepted a buyout offer after CEO Brian Armstrong announced a controversial new policy curbing political activism inside the company, writes Timothy Lee. Here is the link: https://arstechnica.com/cars/2020/10/sixty-coinbase-employees-take-buyout-offer-over-no-politics-rule/