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Blockchain
Adam Neumann’s Tokenized Carbon Credit Startup Raises $70M From a16z and Other VC Giants
The Israeli-American businessman and investor started the firm with his spouse Rebekah and CEO Dana Gibber. On May 24, the company announced that it had raised $70 million in its first major funding round led by a16z. The event was made…
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Coinbase Wallet Adds BNB Chain and Avalanche (AVAX) Support, Allows Users To Trade Thousands of…
Coinbase Wallet customers can now trade crypto assets on two new leading crypto networks.
The self-custody wallet rolled out swaps for BNB Chain (BNB), formerly Binance Smart Chain, and Avalanche (AVAX) this week, adding to its existing…
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China’s BSN Ready With Blockchain Cloud Service for August Launch: Report
China may have banned cryptocurrencies on its territory, but blockchain technology remains a key priority area for the government. Its global ambitions in this space are just taking off with BSN Spartan Network, which is advertised to be…
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a16z Reiterates Bullish Thesis on Web3, Compares it to the Internet’s Early Days
Leading crypto VC firm Andreessen Horowitz (a16z) released a report offering an annual overview of the current trends and state of the crypto industry. The paper reiterated the firm’s bullish views on Web3, projecting long-term growth…
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Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion
Statistics recorded this week show that the aggregate number of non-fungible token (NFT) sales, settled across more than a dozen different blockchains, has officially surpassed $36 billion. While there are 18 competing blockchains offering…
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Panama President Mulls Crypto Bill Approval Due to Money Laundering Concerns
The president of Panama, Laurentino Cortizo, has declared he will not sign the recently approved cryptocurrency bill passed by the National Assembly of the country in its current form. Cortizo stated that one of his main concerns about the…
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Digital Collectible Owners Continue to Take Loans out Using NFTs as Collateral
While non-fungible token (NFT) collectibles have become a hot commodity over the last 12 months, a number of NFT owners are taking loans out against their NFTs. This month, a project called Nftfi has facilitated $25.6 million in NFT loans…
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Jamiroquai to Bring ‘Virtual Insanity’ to The Sandbox Blockchain Metaverse
On Wednesday, the acid jazz-funk band Jamiroquai revealed it has partnered with the blockchain-based virtual world platform The Sandbox in order to “get funky in the metaverse.” According to the announcement, Jamiroquai plans…
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Aave Launches Social Media Project Lens Protocol With Over 50 Apps Built on Polygon
The blockchain firm Aave has launched the Lens Protocol, a social media project with applications built on the Polygon blockchain. Lens is similar to the social media platform Twitter but Lens profiles are linked to a non-fungible token…
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Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says
The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian announced. Three platforms are already registered as issuers, said Anatoly Aksakov, who chairs the Financial…
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