Quick Look
Play-To-Earn Game Syn City Raises $8M
“Syn City,” a play-to-earn Mafia game founded by TRON’s former head of business Roy Liu, announced an $8 million funding round on...
Crypto News Roundup for Nov. 22, 2021
This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.Today’s Stories:First Mover Asia: Bitcoin Continues Drift Below...
NFTs as an Asset Class
In 1987 the U.S. military coined the term VUCA, referring to the increasing volatility, uncertainty, complexity and ambiguity of a...
Growing Compliance Adoption Making a Safer Crypto Space
New cryptocurrencies and trading platforms are proliferating. Blockchains are increasing in both numbers and length. Non-fungible tokens...
SocialFi Puts Agency Back in the Hands of Users
There are now over 100 million wallet addresses in the world, and the number of crypto and non-fungible token (NFT) enthusiasts keeps...
Crypto Economy Hovers Below $3T: Analyst Says First Bear Marker ‘Would Be a Capitalization Drop Under $2.38T’
The crypto asset economy has been down in value over the last week as a great number of digital currencies shed significant amounts. The...
Institutional Investors Need the Right Partner for a Regulated Crypto World
Financial authorities around the world are ramping up regulations on the crypto industry. This should be welcomed by all but the most...
Biden Renominates Powell as Fed Chair, Appoints Brainard Vice Chair
U.S. President Joe Biden has re-nominated Powell as the next Federal Reserve chair, after much speculation that Fed Governor Lael Brainard...
How Misinformation on ‘Book Twitter’ Killed a Literary NFT Project
Once upon a time, there was a wasteland teeming with deadly monsters and dark magic. The only thing stopping the wasteland’s evil forces...
Cloud Software Firm Phunware Buys 398 More Bitcoins for About $24M
Mobile cloud software company Phunware (PHUN) announced Monday that it has bought an additional 398 bitcoins for about $23.8 million in...
Mining Infrastructure Firm GRIID Secures $525M Credit From Blockchain.com
Mining infrastructure firm GRIID has secured a $525 million credit facility from the cryptocurrency exchange and wallet provider...
Kenya Central Bank Governor on CBDC: It’s About Getting It Right Rather Than Being First
The Central Bank of Kenya (CBK) governor, Patrick Njoroge, has said his institution is currently exploring the use of central bank digital...
ProShares Bitcoin Futures ETF Wins ‘First Mover Advantage’ as VanEck Launch Falls Flat
VanEck investments’ newly listed bitcoin futures exchange-traded fund (ETF) saw limited uptake when it launched last week. Some analysts...
What Are NFTs and How Do They Work?
Non-fungible tokens (NFT) are digital assets that represent a wide range of unique tangible and intangible items, from collectible sports...
Oasis Labs Launches Emerald, an EVM-Compatible Smart Contract Environment
Another layer 1 smart contract platform is positioning itself to enter an increasingly crowded race for users and transaction volume.On...
Anomus Private Round Closes With Uber-Subscribed Sales
IDO Will Follow On November 26th Anomus has been a well-anticipated project that has gained much attention over the last few months. Today...
Morgan Stanley Sees Facebook as Best Stock to Gain Exposure to the Metaverse
The metaverse will likely be a “next generation social media, streaming and gaming platform” and will operate initially as an advertising...
Payments Infrastructure Firm MoonPay Raises $555M at a $3.4B Valuation
MoonPay, a payment infrastructure provider for crypto companies, has raised $555 million in an all-equity Series A round led by Coatue and...
EGLD price growth is impressive, but “wait until you see who’s coming to the platform”- Analyst
Elrond price has soared more than 20% in the past 24 hours, touching a new all-time high of $492 Network growth could spur further...
Third-Generation Blockchains Will Pick Up the Defi Slack Left by Ethereum
With the ETH 2.0 upgrade still months, if not years, from a full launch, third-generation blockchain protocols are quickly racing up to...
Ethereum ‘huge Cup & Handle pattern’ reaffirms $6.5K ETH price target
Ethereum’s native asset, Ether (ETH), may rebound by nearly 60% in the coming sessions as bulls pin their hopes on a classic bullish...
Metaverse Gaming, NFT’s Could Account for 10% of Luxury Market by 2030: Morgan Stanley
Although luxury brands don’t derive a lot of revenue from digital mediums right now, this could change soon, according to a research note...
Russia’s Chief Taxman Says Crypto Could Erode State Taxation Profits
Daniil Egorov, head of Russia’s Federal Tax Service, mentioned cryptocurrencies as a potential means for tax evasion, in an interview with...
Celer Network up 7% as bullish trend gathers momentum after mainnet launch of cBridge 2.0
Celer Network (CELR) token price is up 7% in the last 24 hours; a continuation of the bullish trend that started after Celer Network...
Crypto Lender Celsius Network Invests $300M in North American Bitcoin Mining Operations: Report
Cryptocurrency lender Celsius Network has further invested $300 million for its bitcoin mining operations in North America, taking the...
Central Bank of Peru Will Develop a Digital Currency
The Central Reserve Bank of Peru, the Peruvian central bank, is planning to develop a central bank digital currency (CBDC) like other...
ASIC Maker Canaan Delivers 2,000 Mining Rigs to Kazakhstan
Crypto mining rig maker Canaan delivered 2,000 Avalon mining rigs to Kazakhstan, according to a press release shared with CoinDesk on...
$60K becomes resistance — 5 things to watch in Bitcoin this week
Bitcoin (BTC) begins a new week with a rare disappointment for its Q4 bull run — failing to crack previous support. After a promising...
DigitalArt4Climate announce competition winners at COP26
A panel of thought leaders and blockchain visionaries from around the globe converged in Glasgow, Scotland on Nov. 11 for the United...
GALA down 22% in 24 hours: Where to buy GALA and does it have a future?
After a prolonged surge that brought Gala to #66 by market cap, the gaming token has lost 22.34% in the last 24 hours. It is currently...
The first privacy-enabled blockchain platform’s token is up 77%: here’s where to buy ROSE coin
Oasis Network, the first privacy-enabled blockchain platform for open finance and a responsible data economy, has gained 77% in the past 7...
Electric Coin Company Reveals Zcash Network to Transition to Proof-of-Stake in 3 Years
On Friday, Electric Coin Company (ECC), the developers behind the privacy-centric crypto-asset zcash, revealed the network plans to...
Top Blockchain University: University of Zurich
The University of Zurich (UZH) is the largest university in Switzerland and traces its academic heritage back almost five centuries. But...
Top Blockchain University: University of California, Berkeley
The University of California Berkeley stands out by directly integrating its research with the crypto industry to break new ground and...
Market highlights November 22: bullish trend intact for Bitcoin, AVAX passes DOGE on Deloitte deal
Over the past week, the total crypto market cap peaked at $2.9 billion on Monday, then closed at a Friday low of $2.4 billion. At the time...
French Fintech Lydia Taps Bitpanda to Let 5.5M Users Trade Crypto
Austrian crypto exchange Bitpanda has teamed with French mobile payments app Lydia to offer Lydia’s 5.5 million users the ability to...
Finiko Founder Doronin Offers to Testify Against 44 Accomplices at Crypto Pyramid
Kirill Doronin, mastermind of the Russian crypto Ponzi scheme Finiko, has proposed to testify against dozens of his former associates he...
Top Blockchain University: National University of Singapore
The National University of Singapore (NUS) provides a variety of blockchain and crypto-related courses at both the undergraduate and...
Top Blockchain University: Royal Melbourne Institute of Technology
The Royal Melbourne Institute of Technology (RMIT) has been lauded as the top art and design university in Australia by the QS rankings,...
SHIB Slips in Coinbase Volume Rankings After Topping the List for 2 Weeks
Recent speculative excesses in meme token shiba inu (SHIB), which raised concerns about the broader market health, appear to be cooling,...
Fund Managers Increasingly Prefer Bitcoin Over Gold — Say It’s a Better Store of Value
A growing number of fund managers and institutional investors now prefer bitcoin over gold. They see the cryptocurrency as a better store...
IRS Expects to Seize Billions of Dollars in Cryptocurrency Next Year — More Than $3.5 Billion in Crypto Seized This Year
The Internal Revenue Service (IRS) has revealed that $3.5 billion in crypto was seized during the fiscal year 2021. This represents 93% of...
First Mover Asia: Bitcoin Continues Its Drift Below $60K as Investors Eye Shoppers’ Response to Inflationary Pressures, Biden Pick for Fed Chair
Good morning. Here’s what’s happening this morning:Market moves: Bitcoin continues to drift below $60,000 as Biden tees up his pick for...
Top 5 cryptocurrencies to watch this week: BTC, AVAX, MATIC, EGLD, MANA
Bitcoin (BTC) is witnessing a tough tussle near the $58,000 mark but that has not stopped select altcoins from hitting a new all-time...
Crypto FOMO: Australia’s Largest Bank Sees ‘Bigger Risks in Not Participating’ in Crypto
The CEO of Commonwealth Bank of Australia (CBA), the country’s largest bank, sees big risks in not participating in cryptocurrency....
Bitcoin Black Friday: Bitpay Reveals List of Merchants Offering Discounts and Special Promotions
While cryptocurrencies have seen their values rise significantly during the last three months many digital asset holders will be spending...
El Salvador to Issue $1 Billion Bitcoin Bond to Fund ‘Bitcoin City’
President Nayib Bukele, of El Salvador, announced yesterday he would issue a $1 billion “Bitcoin Bond” to build the first...
El Salvador to inaugurate Bitcoin City backed by $1B BTC bonds
El Salvador continues to lead the Bitcoin (BTC) adoption drive as President Nayib Bukele announces the launch of Bitcoin City, which will...
Avalanche pushes out Dogecoin from top-10 after AVAX price soars 100% in November
Avalanche (AVAX) is now the tenth-largest cryptocurrency by market capitalization after more than doubling in price since the start of...
Just buy it: Nike wants to bring sneakerheads into the Metaverse
Look at your feet. A lot of you (raises hand) are wearing Nikes right now. For the fiscal year ending May 31, 2021, Nike reported its...
Microstrategy CEO says Bitcoin is winning, gold is losing
Michael Saylor says Bitcoin is unstoppable and will flip gold as the better safe-haven asset BTC will grow 100 times more to become a $100...
Funganomics Completes Its First Seed Investment Round to Accelerate Development of the NFT and Gaming Ecosystem
PRESS RELEASE. The Ethereum-based solution will be a premier, bespoke online community, bringing together NFT investors, partners,...
Leverage Demand, Not Leverage Itself, Down in Bitcoin
Bananarama may have sung about a cruel summer, but November is turning out to be no great shakes for cryptocurrency investors, either....
How liquid staking disrupts parachain auctions on Polkadot
A crowd loan is a Polkadot (DOT) crowdsourcing event in Polkadot that allows the community to support project bids in upcoming parachain...
Bitcoin avoids recent lows as BTC price eyes $60K into the weekly close
Bitcoin (BTC) hovered near $59,000 as Nov. 21 came to a close after avoiding a retest of its recent lows. BTC/USD 1-hour candle chart...
Avalanche Value Surges Reaching an All-Time High, AVAX Joins the Top Ten Crypto Markets
Cryptocurrency markets have started to recuperate from last week’s losses as bitcoin, ethereum, and a slew of digital assets have...
Nigerian Remittances Rebound as Country Tops Sub Sahara Africa — Sending Costs Still High
Nigeria is once again Sub Sahara Africa’s biggest recipient of remittances into the region where the money transfers went up by 6.2...
Are Stablecoins the Path to Continued Dollar Dominance?
This episode is sponsored by NYDIG.Download this episodeIn today’s Long Reads Sunday, NLW goes back to read excerpts from two Nic Carter...
UN’s COP26 climate change goals include emerging tech and carbon taxes
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging...
Russians to Pay Fees on Digital Ruble Transactions, Central Bank Says
Users of Russia’s central bank digital currency are going to pay a fee for each transaction, a high-ranking representative of Bank...
3air Leverages Blockchain Technology to Deliver Extensive Broadband Connectivity in Africa
The broadband internet connectivity platform, 3air, aims to bring seamless broadband connectivity within Africa. The recently announced...
Socialite and Model Alexis Ren Doesn’t Trust the Dollar Economy, Says Crypto Is a Viable Alternative
The American social media personality and model, Alexis Ren believes the fiat economy is “collapsing” and recently she told...
Canada Detains Teen for Alleged $36 Million Cryptocurrency Theft
A teenager has been arrested in Canada after committing what law enforcement officials in Ontario have described as the largest crypto...
El Salvador to inaugurate Bitcoin City backed by $1B Bitcoin bonds
El Salvador continues to lead the Bitcoin (BTC) adoption drive as President Nayib Bukele announces the launch of Bitcoin City, which will...
El Salvador to Create ‘Bitcoin City,’ Use $500M of Planned $1B Bond Offering to Buy More Crypto
El Salvador, the only country in which bitcoin is a legal tender, is going to build an entire city based on the largest cryptocurrency,...
US Sentences Man to 3 Years in Prison for Operating Unlicensed Bitcoin Exchange Business
A California man has been sentenced to three years in federal prison “for operating an unlicensed business that exchanged at least...
Hillary Clinton Warns Cryptocurrency Could Destabilize Nations, Undermine Dollar as World’s Reserve Currency
Former presidential candidate Hillary Clinton has urged nation-states to “start paying greater attention to the rise of...
Microstrategy CEO Discusses Bitcoin Becoming $100 Trillion Asset Class — Says BTC Will Grow 100X
The CEO of Microstrategy says that bitcoin will emerge as a $100 trillion asset class and will grow 100X from where it is today. He said...
Alabama Securities Regulator Shuts Down 97 Fraudulent Cryptocurrency Trading Websites
The securities regulator of the U.S. state of Alabama has issued a cease and desist order against Acoin Trading and 96 other...
Decentralized exchanges aren’t ready for derivatives
If the words “derivatives trading” conjures up images of men in suits with disheveled white sleeves rolled up to the elbows and...
Opposed to Bitcoin Payments, Bank of Russia Says State Should Not Stimulate Spread of Cryptocurrencies
Cryptocurrencies are anonymous and the government shouldn’t encourage their spread, the head of Bank of Russia has insisted. The...
‘Inflation in the News Driven by Rich People’ — Media Pundits Claim ‘Inflation Is Good’ as Americans Struggle With Less Purchasing Power
Inflation in the U.S. has a large number of Americans worried about the future of their purchasing power as the cost of goods and services...
ZEC price jumps 20% in one day as Zcash devs unveil transition to Proof-of-Stake
Zcash (ZEC) surged by nearly 20% in the past 24 hours, helped by the euphoria surrounding its core protocol’s decisive transition...
The three traits of Web 3.0 that fix what went wrong with today’s internet
Blockchain tech has come a long way. It wasn’t that long ago that crypto remained at the fringes, evangelized by a vocal minority. The...
VanEck’s Bitcoin spot ETF shunt solidifies SEC’s outlook on crypto
Bitcoin (BTC) has been on an impressive price run since the announcement of the United States Securities and Exchange Commission’s...
Seeing red? FUD that! Here’s what you should have bought instead of Bitcoin last week
We’ve argued many times in the past that the correlation between Bitcoin’s price and the market capitalization of hundreds of altcoins...
10 Congress Members Ask Nancy Pelosi to Help Revise Crypto Provision in Infrastructure Bill
Ten members of the U.S. House of Representatives have called on House Speaker Nancy Pelosi to address the problem with the crypto...
While BTC’s Hashrate Climbs Higher, Bitcoin’s Mining Difficulty Nears All-Time High
During the last 90 days, Bitcoin’s hashrate has been climbing higher and has been slowly nearing the all-time high (ATH) the...
What Billions of Dollars in Crypto Fundraising Says About the Bull Market
This episode is sponsored by NYDIG.Download this episodeFrom $400 million to a crypto exchange to $2.5 billion for the biggest crypto fund...
Music Marketplace Nina Wants to Be a Bandcamp for Web 3.0
For years, crypto believers have been trying to put music “on the blockchain.” And while start-ups and investors say there’s potential,...
Digital Ruble Poses Risks to Financial Sector and Security, Russian Lawmakers Warn
Russian parliamentarians have cautioned against risks associated with the introduction of a digital ruble. Among them are the likely...
Gemini Raises $400 Million in Growth Equity Funding Round; Metaverse Clash Incoming
Gemini, the regulated cryptocurrency exchange founded by the Winklevoss Twins, has raised $400 million in its most recent growth equity...
Quentin Tarantino Sued for an Upcoming Auction of Pulp Fiction NFTs
Quentin Tarantino, the acclaimed film director, is being sued by Miramax, a Hollywood film producer and distributing company, due to the...
3 reasons why Bitcoin’s drop to $56.5K may have been the local bottom
The first rule of Bitcoin (BTC) trading should be “expect the unexpected.” In just the past year alone, there have been five instances of...
Building multichain is a new necessity for DeFi products
At present, your DeFi product needs to be multichain to be competitive — this is the hard (and exciting) truth of 2021. Whether you’re...
Floki Inu Cryptocurrency Ads Under Investigation in UK
The U.K.’s advertising authority has launched an investigation into advertisements for the cryptocurrency floki inu (FLOKI). The...
Weekly Report: India looking to transform its crypto sector, potential CBDC trial run on the way
The top cryptocurrencies grabbed headlines this week following a market-wide market tumble that saw over $250 billion wiped off the sector...
Digital Currency Group wraps up $600 million debt capital raise
Grayscale’s parent firm Digital Currency Group has completed yet another financing, this time involving $600 million On...
Israeli Police Arrest Beitar Jerusalem Owner and 7 Suspects in Multimillion-Dollar Crypto Fraud
Israeli police have arrested eight suspects in connection with a cryptocurrency fraud scheme after raiding their homes and seizing...
3 reasons why Keep3rV1 (KP3R) price hit a new all-time high this month
Keep3rV1 (KP3R) was one of the few altcoins that emerged unscathed from this week’s bearish turn in the crypto market. While many digital...