The collaboration will provide select artists of the WMG opportunities to create and develop unique, play-to-earn (P2E), arcade-style blockchain games. Warner Music Group Dives Into Blockchain Gaming American record label conglomerate Warner Music Group has joined forces with blockchain gaming developer Splinterlands. According to the official press release shared with CryptoPotato, the deal is Splinterlands’...Read More
The crypto business over the weekend has sailed through turbulence, which has pushed the numbers of the business. To a notable degree, prior to making its way to a new week. As a result, the market cap of the business has taken a dip to $1.87 Trillion. Which, however, has risen a marginal 0.4% over...Read More
The world of cryptocurrencies has come across another pullback, as the planet nears the weekend. Wherefore the market cap of the business has taken leave of 2.8% gains. Over the previous day, with current numbers hovering around $1.90 T. The digital assets have caught wind of the turbulence in the business, which has led BTC...Read More
Cosmos’ non-profit and steward, the Interchain Foundation (ICF), announced the launch of Interchain Accounts, an Inter-Blockchain Communication (IBC) based protocol. Largest Software Upgrade to Cosmos Ecosystem According to the official announcement shared with CryptoPotato, Cosmos’ latest update will enable an entire blockchain to control an account on a separate chain. The release of Interchain Account...Read More
An investor in non-fungible token (NFT) and metaverse projects, Animoca Brands, today issued a scam alert regarding a new ERC-20 token, dubbed “Animoca Brands Metaverse” on Uniswap V2. The Hong Kong-based firm said the asset fraudulently claims to be associated with it and uses the symbol “Animoca.” The Fraudulent Animoca Brands Metaverse Token According to...Read More
Digital Currency Group (DCG), Multicoin Capital, Reciprocal Ventures, and other investors introduced a $205 million ecosystem fund to support developers building on The Graph. The protocol currently powers numerous decentralized applications built on Ethereum, NEAR, Polygon, Avalanche, Fantom, Binance Smart Chain, and more. The Joint $205M Fund According to a document seen by CryptoPotato, several...Read More
The folks from the world of digital assets are rigorously analyzing the trends in the industry. As the business has experienced a slight pull-back following healthy numbers. As a result of which, traders are now burning the midnight oil for a thesis to stick on for greener gains. Whilst investors have been diversifying their portfolio...Read More
Animoca Brands, the Hong Kong-based game software and venture capital company behind The Sandbox, has announced the launch of the Guild Accelerator Program in partnership with the global venture accelerator, Brinc. Fostering P2E Ecosystem According to the official press release, the Guild Accelerator Program will focus on developing the emerging play-to-earn (P2E) guild ecosystem across...Read More
Polygon in recent times had shown a notable strength and displayed the possibilities of attaining $2 levels at the earliest. Woefully, the asset took a serious u-turn and reversed the trend finely. Currently after hitting the monthly highs above $2, quickly flipped and maintained a serious descending trend. The constant lower highs and lows which...Read More
“The Enigma” – a billion-year-old black diamond considered to be the largest cut in the world – was sold for a whopping $4.3 million worth of digital assets. The owner of the jewelry is now the American entrepreneur Richard Heart who renamed it the “HEX.com diamond” after his blockchain organization. Sotheby’s Diamond Bought for Millions...Read More
The ever-curious crypto folks who fail to resist over the future prospects of the coin market. Have set their radar on Polygon, which has been on a constant uphill trek. With its growing count of utility, developments, initiatives, and metrics. This time around, Polygon is the talk of the town with talks revolving around Hermez...Read More
The global cryptocurrency market is a cloud that holds numerous networks. While a majority of the networks have been far off the glimmer of the industry. Advertisement Notable ones in the industry, have managed to establish their reign, with distinct and exclusive traits. One such protocol is Polkadot, which has garnered the interests of the...Read More
UK-based blockchain company Millicent has received government funding in the form of a UK Research, and Innovation (UKRI) Innovate UK Smart Award. The project aims to assist in the nation’s strives to launch a central bank digital currency. Millicent’s UK Funding Based in London, England, Millicent is a blockchain-powered firm promising to rewrite “the code...Read More
Dune Analytics – a free blockchain research tool – recently announced an additional $69 420 000 in funding. The round was led by Coatue – a global investment manager focused on tech. According to an announcement from Dune’s blog, the funding will be used to empower another generation of “Dune Wizards” – aka Web 3...Read More
Alexis Ohanian – co-founder of Reddit – recently raised $500 million for his venture capital firm 776 Management LLC. He said that the new funds will primarily be used to “double down” on investment in crypto startups. More Money Towards Crypto As reported by Wall Street Journal, Ohanian showed confidence in the growing entrepreneurial and...Read More
Chainlink price was trading within a range-bound level for quite a long period and later sliced through the consolidation to hit the immediate resistance levels around $17. The asset comfortably hovered within these areas for a couple of hours. Further, the selling volume began to accumulate and currently the bears appear to have capitulated the...Read More
The folks from the global crypto market have been on a probe to make the most out of the year. As the year is yet to open the doors for the bulls, for a lunar odyssey. While top-tier assets are always under the active consideration of investors and traders. The sixth-largest crypto Cardano has been...Read More
Google Cloud, Google’s online data storage services division, is increasingly focusing on decentralized technologies and announced the creation of a team to focus on building products on the blockchain. There are already other initiatives currently using blockchain technology to offer cloud storage with Filecoin and Sia at the forefront. Both use a blockchain protocol to...Read More
The blockchain infrastructure firm – Blockdaemon – raised $207 million in a Series C funding round led by Tiger Capital and Sapphire. Following the investment, the company increased its post-money valuation at $3.25 billion. Blockdaemon’s Expansion The California-based organization finished 2021 on a positive net income trend and recently hired 150 full-time employees – mainly...Read More
Secret Network – a privacy-based blockchain built using Cosmos CDK – recently revealed details pertaining to its “Shockwave” growth initiative. The network accumulated $400 million in funding across its ecosystem fund and accelerator pool. Secret Network’s New Plans Secret announced its newly acquired funding in a blog post from its site earlier today. Over 25...Read More
Hedera – a distributed public ledger for Web 3 dapps – recently voted to buy the intellectual property rights for the hashgraph consensus algorithm from Swirlds, Inc., one of the Hedera Governing Council’s founding members. Furthermore, the project will be shifting to an open-source code model this year. Hedera’s Decentralization Plans According to a press...Read More
Animoca Brands has raised $360 million in a fresh round of funding. As such, the valuation of the Hong Kong-based company has doubled since October 2021 to $5.5 billion. The latest round of investments was led by Liberty City Ventures along with Winklevoss Capital and Soros Fund Management. Rise in Valuation in Line With NFT...Read More
The non-fungible token universe and blockchain-based games seem to have their own macro events that affect their growth. A set of reports by the analysis company DappRadar revealed that the number of NFT trades continues to increase gradually despite the adverse price movements in the digital asset industry. Additionally, the interest in blockchain-based games is...Read More
The world of digital coins has been yearning for the commencement of the alt season. Which is currently in the mist, as digital assets have been crab walking on the charts. While the star crypto has been facing the wrath of economic turmoil and regulatory implications. The maestro of altcoins has been taking the brunt...Read More
The global crypto market is home to a plethora of projects, of which a handful of these projects have been turning heads. The metrics of the protocols have been meritorious at numerous fronts, be it monetary, fundamentals, development, or utility. In succession, Solana has been making it to the spotlight quite often. Solana this time...Read More
The coin market is now surfacing from the doom of bears, as the business recovers at a steady pace. The greener monetary statistics apace with the sprawling utility and developments have instilled faith of traders and diamond hands over digital assets. In contrast, the crypto town has now come across an unnatural event, as Polkadot...Read More
The Central Bank of Bahrain (CBB) has successfully completed a test of JPMorgan’s JPM Coin. The latter is a digital currency designated to make payments using blockchain technology. First Tests for JPM Coin in The Region Bahrain’s central bank revealed it is committed to improving the customer experience for secure and efficient settlement services. Seeking...Read More
The United Kingdom government backed Hedera and Neuron Innovation as the duo conducted a trial on the drone data collation and storage using a public ledger consensus. Hedera Network Used to Track Drones Neuron Innovation, a London-based aviation company, has conducted a drone data collection trial sponsored by the government of the United Kingdom. The...Read More
In a bid to revolutionize its fan engagement, French esports organization Team Vitality announced that it has collaborated with popular blockchain project Tezos on a three-year partnership deal. Team Vitality Partners Tezos Announcing the development in a press release shared with CryptoPotato today, the partnership, which is considered the biggest since the inception of Team...Read More
The Solana ecosystem has been receiving a major backlash from the crypto fraternity for its failure in properly handling network-related bugs. However, the platform was hit by a major DDoS (Distributed denial-of-service) attack earlier this day as it has failed to handle multiple requests to prevent a network from the attack. The fifth-largest cryptocurrency by...Read More
