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...
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...
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news: All MetaMask Users Will Now Receive Security Alerts ELOOP is Building a Machine RWA Tokenization Platform on peaq ZKX Launches Pro Trade on Starknet for Experienced Traders __________ All MetaMask...
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...
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)...
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...
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...
Courtesy: Tiffany FongThe first prison photo of former FTX CEO Sam Bankman-Fried in prison was released on Tuesday by crypto influencer Tiffany Fong on February 19. The photo depicts a somewhat disheveled Bankman-Fried in what Fong believes may be the first image of the now disgraced crypto mastermind following his arrest in August 2023. The Last...
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...
Crypto “unicorns” are springing up in Switzerland, with a recent report claiming the nation is now home to 13 token-related firms worth $1 billion or more. Per a report from PME, the number of unicorns in the crypto sector rose from nine in 2022 to 13 last year. Crypto Unicorns: Switzerland, Liechtenstein Make Moves The...