March 7, 2022

Hive Strikes a Deal With Intel to Buy New ASIC Chips for Bitcoin (BTC) Mining

Crypto miner Hive Blockchain has announced a Supply Agreement with Intel to buy new ASIC chips. Pitched as “high-performing,” these chips will be incorporated into mining equipment that will be custom-made for Hive. The company has also struck a manufacturing deal with an ODM (original design manufacturer) that focuses on electronics manufacturing.d Intel Supply Agreement...
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KyberSwap Expands to Layer-2 Scaling Solution, Arbitrum

Kyber’s team stated that expensive gas fees and the network congestion on Ethereum left users, creating a need to solve it through Layer-2 scaling solutions such as Arbitrum. The main objective behind the multi-chain decentralized exchange (DEX) and aggregation platform – KyberSwap announcing its launch on the scaling solution – Arbitrum network – is to...
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Griffin Gaming Partners Raises $750 Million To Support Blockchain Gaming

Griffin Gaming Partners – one of the world’s largest gaming-focused venture funds – has raised $750 million to be focused on the industry, partially including the web 3 / blockchain-based gaming segment. Founding partner Nick Tuosto told Forbes that the fund’s definition of “gaming” includes gaming content creation, platforms for social communication surrounding games, and...
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How Will be the Bitcoin(BTC) Price Rally in the Upcoming Week, Is $44K Possible?

While multiple factors including external and internal are impacting the Bitcoin price rally to a large extent. The asset is further displaying the probability to maintain a significant downtrend. As more catalysts are currently fueling the BTC price plunge which may also nullify the buying pressure if accumulates.  Advertisement A significant upward move within the...
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Improved clarity and guardrails for new assets on Coinbase

By Ishan Wahi, Product Manager We started our journey in 2012 by offering the safest and easiest platform to buy and sell Bitcoin. Fast forward to 2022, and we now offer over 150 tradable assets and our customers still enjoy Coinbase as the safest and easiest platform to use. But, this is just the beginning....
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NFT Scaling Platform Immutable Raises $200 million in Series C Funding Round

Immutable X – a layer 2 NFT trading platform built on Ethereum – announced the closing of a $200 million Series C funding round on Monday. Led by Singaporean investment company Temasek, the round brings Immutable’s valuation up to $2.5 billion. Expanding the Team 5 other new investors also partook in the round, including Princeville...
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FTX CEO Sam Bankman-Fried Weighs in on Russian Sanction Violations

As the war continued to rage, ruble-denominated Bitcoin values rose sharply. Authorities are now looking for ways to minimize use in dodging financial sanctions. And while the recent activity demonstrated that a collapsing ruble might be driving Russians into Bitcoin, FTX CEO – Sam Bankman-Fried – believes the sanctions have made it difficult for them...
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Fantom(FTM) Price Primed to Plunge by more than 25%, Will it Fail to Hold $1 Levels?

A huge bearish trend is surfaced with Fantom price as soon as the DeFi king Andre Cronje along with Anton Nell announce their departure from the crypto space. The asset witnessed a huge drop of more than 20% suring the weekend, which is continued until the press time. The sudden drop was mainly because Andre...
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Cartesi’s Rebranding Is Opening the Door to Blockchain, Mainstream, and Decentralization

[PRESS RELEASE – Singapore, Singapore, 7th March 2022] Cartesi’s overall brand identity has been refreshed to match the company’s new strategy and promise. The new visual language, brandline, pay-off, photography, and videos demonstrate how The Blockchain OS should be an inclusive platform, a home for next-generation applications, and a home for what’s next. The Blockchain...
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Torum Partners with VR Metaverse, DreamVerse for Virtual Land and NFT IP Collaboration

[PRESS RELEASE – Please Read Disclaimer] SocialFi Pioneer, Torum has recently announced a partnership with DreamVerse, a VR Metaverse built with Unreal Engine 5, with over 100 world-class IPs, including but not limited to NBA superstar Tracy McGrady, Evgeni Plushenko (four-time Olympic medalist), Astro Boy, a part of Osamu Tezuka’s collection, EVA and The Wandering...
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Binance Launches Fiat-to-Crypto Payments Provider Bifinity

The world’s largest cryptocurrency exchange has released its fiat-to-crypto payments provider called Bifinity. The company aims to help other businesses become “crypto-ready” by allowing them to transfer funds directly through the new feature. The official press release from the company informed that Bifinity supports more than 50 digital assets and all major payment methods. These...
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FTX Launches a Regulated Branch in Europe and the Middle East

The Sam Bankman-Fried-led cryptocurrency exchange has received licensing from the Cyprus Financial Market Regulator (CySEC) to launch FTX Europe. The idea of the new venture is to enhance the company’s presence in the Old Continent and in the Middle East. The press release shared earlier on March 7 reads that FTX Europe will now offer...
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Coinbase Blocks 25K Russian Addresses Supposedly Related to Illicit Activity

The leading US-based cryptocurrency exchange, Coinbase, has decided to block access to more than 25,000 addresses related to Russian individuals who are supposedly engaging in illegal activities. Coinbase Blocks 25K Russian Addresses According to an official blog post from today – March 7th, 2022 – the leading US-based cryptocurrency exchange, Coinbase, has blocked “over 25,000...
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Using Crypto Tech to Promote Sanctions Compliance

Using Crypto Tech to Promote Sanctions Compliance By Paul Grewal, Chief Legal Officer Coinbase is committed to building a safe and responsible financial system that promotes economic freedom around the world. We strive to be the most trusted platform for buying, selling, and exchanging digital assets, helping everyday people to participate in the crypto economy....
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Binance Donates $2.5 Million in Crypto To Help Ukranian Children

Binance has just donated to help the children of Ukraine in their country’s ongoing war against Russia, joining a growing wave of individuals within the crypto ecosystem who are giving money and taking a stand for the country’s struggle. Binance Charity, the non-profit charitable arm of Binance, announced a $2.5 million cryptocurrency donation to UNICEF....
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