Day: November 17, 2021

Bitcoin Miner Iris Energy Upsizes Its IPO, Valuing Company at $1.5B

Iris Energy, a Sydney-based company that mines bitcoin primarily with renewable energy, raised its initial public offering (IPO) pricing to $28 per share, from the previous expected range of $25 to $27. The miner said it plans to sell 8.3 million shares, raising about $232 million through its IPO offering, according to a statement. It expects to start trading on the Nasdaq on Nov. 19 under the ticker symbol IREN. The company will have about 55 million shares outstanding, valuing the company at around $1.5 billion, according to its U.S…

Nearly 500,000 Nigerian CBDC Wallets Downloaded Since Launch – Fintech Bitcoin News

Nearly half a million e-naira wallets have been downloaded a few weeks after the central bank digital currency (CBDC) was officially launched by Nigerian President Muhammadu Buhari, the central bank has said. E-Naira’s Initial Trade Volumes In addition to the 488,000 wallets that have been downloaded, Osita Nwanisobi, who is the Central Bank of Nigeria (CBN)’s spokesman, is quoted confirming that a total of 78,000 merchants from 160 countries have now enrolled to become a part of the e-naira ecosystem. Despite the CBDC’s seemingly early success, a report by Bloomberg…

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Blue Skies Ahead for the Blockchain-Based Betting Industry, Interview With Azuro’s Rossen Yordanov

New data shows a significant jump in the number of bettors moving to the blockchain over the last quarter.  The BGA report shows that in Q3 alone, the number of  Unique Active Wallets (UAW) connected to game dapps hit 754,000. This represents almost half of the overall gaming activity in the entire gaming sector. This player explosion has partly been boosted by the Play to Earn model and NFT gaming, but on top of that betting on the blockchain puts bettors on a fairer and more equal playing field with…

Digital ruble should not affect inflation, Bank of Russia says

The Bank of Russia will only fully adopt a central bank digital currency (CBDC) if the digital ruble meets several conditions within pilot tests, governor Elvira Nabiullina said. Nabiullina spoke of the digital ruble before the State Duma Committee on Financial Markets on Monday, disclosing more details about the CBDC rollout, local news agency Interfax reported. The Bank of Russia will only adopt the CBDC after the bank makes sure that rubles can be easily converted from cash into the digital ruble and non-cash, and only at a one-to-one ratio,…

Metaverse gaming tokens Ethverse and Axie Infinity avoid crypto downtrend

Metaverse gaming tokens Ethverse (ETHV), The Sandbox (SAND), GameSwap (GSWAP), Yield Guild Games (YGG) and Axie Infinity (AXS) are the few cryptocurrencies seeing gains on Nov. 17 with Bitcoin (BTC), Ether (ETH) and most of the market in the red.  Best-performing crypto sector The emerging division of the blockchain universe saw its market capitalization swell by more than 9% in the previous 24 hours and almost 8% in the last seven days to reach $17.42 billion. Its gains came on the back of volatile upside moves in Ethverse, The Sandbox,…

Metaverse gaming tokens Ethverse and Axie Infinity avoid crypto downtrend

Metaverse gaming tokens Ethverse (ETHV), The Sandbox (SAND), GameSwap (GSWAP), Yield Guild Games (YGG) and Axie Infinity (AXS) are the few cryptocurrencies seeing gains on Nov. 17 with Bitcoin (BTC), Ether (ETH) and most of the market in the red.  Best-performing crypto sector The emerging division of the blockchain universe saw its market capitalization swell by more than 9% in the previous 24 hours and almost 8% in the last seven days to reach $17.42 billion. Its gains came on the back of volatile upside moves in Ethverse, The Sandbox,…

Staples Center in Los Angeles will be renamed Crypto.com Arena

Staples Center will now be known as Crypto.com Arena after an agreement with its owner, AEG. Staples Center is a multi-purpose arena that has been home to numerous public events including boxing and basketball competitions, as well as concerts and hockey. It’s also been the home of the NBA’s Los Angeles Clippers and Los Angeles Lakers, as well as the NHL’s Los Angeles Kings, and the WNBA’s Los Angeles Sparks. Crypto.com purchased the naming rights to AEG for $700 million over 20 years, according to an announcement. In 1999, Staples paid…

Get Your Daily Price Updates on TikTok With Bitcoin.com News’ Brand New Channel – Promoted Bitcoin News

Are you addicted to following the crypto markets? Are you new to the game and just want to know what’s going on? In just 59 seconds each day, this shot of crypto espresso gives you everything you need to know! Bitcoin.com News has launched a brand new TikTok channel just for you, bringing information related to the crypto world to the much-loved social media platforms of today. The new channel features an informational show dedicated to pushing out news and price updates to viewers from around the world. Called “Daily…