AltLayer Raises $14.4 Million in Funding Round for Rollup Solutions

Source: DALL·EAltLayer, a rollups platform focusing on blockchain scalability, has raised $14.4 million in a strategic funding round. According to a social media post by AltLayer, the fundraising round was co-led by Polychain Capital and Hack VC, with the aim of expanding the company’s team and advancing its rollup infrastructure. Additional participants in the funding...

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Car Buyers in China Now Can Pre-Pay with Digital Yuan

Source: DALL·EThe Chinese city of Shenzhen has implemented digital yuan smart contracts for car pre-payments, a collaboration with the Agricultural Bank of China. According to the local newspaper Jing Bao, the first batch of consumers successfully purchased new automobiles with digital yuan-powered smart contracts in early February. The Pingshan District Administration for Market Regulation partnered...

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Mumbai Launches Metropolis Metaverse to Showcase Infrastructure Projects

Mumbai, the bustling financial hub of India, has introduced a metaverse initiative aimed at showcasing its latest and upcoming city-wide infrastructure megaprojects. Dubbed the Mumbai Metropolis Metaverse, this platform offers users a captivating 3D and virtual reality (VR) experience, enabling them to explore various development initiatives across Mumbai and its neighboring cities. Mumbai Metropolis Metaverse Unveiled: A...

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Bold BlackRock Ad Campaign Says iShares Bitcoin ETF is “Progress”

BlackRock, the world’s largest asset manager, has intensified its media advertising campaign for its recently launched iShares spot Bitcoin exchange-traded fund (ETF), framing the asset not merely as a currency but as a symbol of “progress.” In contrast to the flashy marketing strategies employed by its competitors, the campaign for the iShares Bitcoin ETF (IBIT)...

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David Johansson, CEO of BLOCKLORDS, on Blockchain Gaming, Web3 Gaming Airdrops, and User Acquisition for Web3 Games | Ep. 310

In an exclusive, gaming-focused interview with Cryptonews, the BLOCKLORDS game CEO David Johansson talked about the indestructible link between crypto and gaming. He told us how the game came to where it is today, despite the obstacle; how the team utilized the circumstances in the space and the knowledge they gained to set up a...

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Payment Executives Eyeing Blockchain B2B Payments

Source: DALL·E 3Payment leaders actively investigating blockchain’s potential find business-to-business (B2B) payments to be the most promising application, a Ripple survey published Tuesday showed. The survey, conducted in partnership with the US Faster Payments Council, found that more than 40% of those experimenting with crypto domestically are considering B2B applications. Additionally, 37% of those already...

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Elizabeth Warren Responds To Senate Challenge From John Deaton: “I’m Not Afraid”

Source: YouTubeProgressive senator and staunch crypto skeptic Elizabeth Warren (D-MA) claimed on Tuesday that a well-funded member of the “crypto lobby” is vying to displace her from her seat on Capitol Hill. As reported by Fox Business journalist Eleanor Terret, a source received an email from Warren’s campaign team claiming that she’s “not afraid” of...

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