Bitcoin is currently going through a turbulent period with a substantial correction in its price. The crypto asset dropped by almost 5% on Monday and reached a low of $55,600. While its price action has remained unstable in the last few days, the on-chain activity has increased significantly. A total of 38.76 million Bitcoin addresses now have non-zero balances, which […]

Christian Frahm’s latest venture, United Fintech has purchased a 25 percent stake in London-based FairXchange, thus making its third acquisition since the launch. However, the amount involved in the transaction was not disclosed. FairXchange provides tools for microstructural analysis to financial market participants, bringing clarity and transparency to execution performance and facilitating data-driven dialog between counterparties. “FairXchange’s business critical data-driven […]

Matt Comyn, the CEO of the Commonwealth Bank of Australia (CBA), said that the bank is more concerned about the risks of missing out on crypto than those associated with its adoption. The CBA is set to become the first of the “big four” banks in Australia to offer crypto-based services, after the company announced on Nov. 3 that it […]

Only a week after English football club Manchester City inked a deal with crypto startup 3Key, the football giant pulled out as scarcely available information about the decentralized finance (DeFi) raised questions. The cancellation of the deal came before the activation of their partnerships in any specific products. “Prompted by the club’s interactions with 3Key Technologies in recent days, Manchester […]

A senior executive at the Reserve Bank of Australia (RBA) pulled no punches as he tore into digital currencies in a recent speech. The executive claimed that their rise is spurred by fear of missing out (FOMO) and they are a fad that will soon come to an end. Disputing the reported number of people who own digital currencies in […]

Singapore, Singapore, 3rd October, 2021, Ojamu – a marketing technology (MarTech) platform that leverages the power of blockchain, Ai, and NFTs to create and automate the most effective digital marketing campaigns for Brands – has announced the closing of its $1.7 million private sale. The oversubscribed private sale saw participation from strategic partners such as Ascensive Assets, Master Ventures, Moonrock […]

On-chain music platform Royal has announced a Series A funding round led by venture capital giant Andreessen Horowitz. Royal allows fans to buy music rights via nonfungible tokens (NFTs). Its co-founders, entrepreneur JD Ross and DJ Justin Blau who goes by the stage name 3LAU, announced on Nov. 23 they had closed a $55 million Series A funding, following a […]

Top meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) have taken a major hit in the last few days after the market cap of both cryptocurrencies dropped below $30 billion. The latest dip means that DOGE and SHIB are no longer among the top 10 digital currencies. In the past 24 hours, Shiba Inu has lost approximately 6% of […]

Singapore, Singapore, 22nd November, 2021, SYN CITY is the Mafia Metaverse built for the crypto era.  Co-founded by Roy Liu, ex-Head of Business and Marketing of TRON, and Mihai Pohontu, ex VP of Samsung and Disney, the project features a team of gaming and tech veterans from Disney, Ubisoft, Roblox, EA, Gameloft, Google, and Twitter, boosted by an $8M investment […]