Day: February 1, 2022

Kanye West Says Noone Should Ask Him to Do NFTs

Hip-hop superstar and urban fashion mogul Kanye West has stated that he would rather create real-life content instead of NFTs. Influential American music icon Kanye West is uninterested in non-fungible tokens (NFTs). In a recent strongly worded and expletive Instagram post, West displayed a handwritten note which read: “My focus is on building real products in the real world; real food, real clothes, real shelter. Do not ask me to do a (expletive) NFT. Ask me later.” West (who now goes by the moniker “Ye”) captioned the post with another message…

Can Ethereum price reach $4K after a triple-support bounce?

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Ethereum’s native token Ether (ETH) looks ready to continue its ongoing rebound move toward $4,000, according to a technical setup shared by independent market analyst Wolf. Classic bullish reversal pattern in the works?  The pseudonymous chart analyst discussed the role of at least three support levels in pushing the ETH price up by nearly 30% from its local bottom of $2,160. These price floors included a 21-month exponential moving average (EMA), the 0.786 Fib level of a Fibonacci retracement graph drawn from $1,716-swing low to $4,772-swing high and the lower boundary…

Amber Group Extends Its Foothold in Japan with DeCurret Acquisition

DeCurret is also championing the development of a Japanese Yen-backed stablecoin through a consortium of 70 of the country’s biggest companies and banks. Hong Kong-based global cryptocurrency platform, Amber Group has announced its acquisition of DeCurret Inc, the crypto-asset exchange subsidiary of DeCurret Holdings Inc for an undisclosed sum. The acquisition was made by Amber Group’s local subsidiary WhaleFin Japan, and it opens the door to the Japanese market for the company to propound its advancement of digital asset investment services. DeCurret is one of the 30 Japanese platforms registered…

Panther Protocol’s $ZKP Token Launches, Sets to Revolutionize Private Finance – Sponsored Bitcoin News

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sponsored In the growing DeFi panorama, both institutional traders and retail investors are starting to notice the inherent privacy issues with the most popular Layer-1 blockchains. The extreme transparency of L1s such as Ethereum, Solana, and Avalanche, to name a few, leaves investors vulnerable to attacks such as front-running and MEV. Meanwhile, the lack of interchain features to seize the many opportunities of a thriving ecosystem keeps billions of dollars in value separated. And, of course, traceability and surveillance are issues permanently looming on the horizon. Introducing Panther Protocol, the…

‘Pay’ Product Looks to Boost Stablecoin Payments on Solana

Cryptocurrency’s original use-case – payments – are getting a boost on the Solana blockchain. New software co-developed by Solana Labs intends to help merchants accept crypto payments over the Solana network. Checkout.com, Circle and Citcon are supporting “Solana Pay,” which debuted Tuesday with integrations with FTX and ecosystem wallets Phantom and Slope. The software development kit (SDK) takes crypto in and spits crypto out. Obvious, maybe – but a notable difference from some of the market’s better-known crypto-to-fiat rails. Virtually every merchant paid with a “crypto credit card” sees their…

Crypto Trading Terminal Aurox Plans to Go Public in 2022

Founded in 2017, the Aurox trading terminal was launched in September 2020 and has gathered some 60,000 users to date, all done on an entirely self-funded basis, eschewing VC involvement, Khazaradze added. Neither has the platform completed any pre-sales of the Aurox token (URUS), launched in February 2021. Source

Launch House Raises $12M Series A for New Age Hacker Houses

In a press release on Tuesday, a16z general partner Andrew Chen cited remote work, the rise of Gen Z and trends in startup fundraising as factors propelling Launch House into “the third space for the new distributed Silicon Valley,” alongside long-standing institutions such as universities and incubator programs. Source

Global VC Funding for Blockchain Firms Surged to Record $25B in 2021: CB Insights

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…

Russia houses $200B worth of crypto, Kremlin estimates

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Russian citizens reportedly own 16.5 trillion rubles ($214 billion) worth of cryptocurrencies, according to government estimates. A Bloomberg report noted that Russians own about 12% of the total global crypto holdings. The crypto holdings estimates were calculated by analyzing IP addresses of some of the most significant crypto exchange users in the country along with a few other data points, said two people working with Kremlin. The crypto holdings analysis of Russian citizens is being carried out to get an overview of the crypto market and formulate new regulations. The proposals…

AstroPay Enhances Presence in Cryptocurrency Market

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One of the fastest-growing financial services providers, AstroPay announced today that it has expanded its presence in the financial world with the introduction of several crypto offerings. Now, users of AstroPay have the option to buy and sell digital currencies on its platform. AstroPay has been in the online payment ecosystem for several years. The company has witnessed a surge in demand for its products during the last few years. Regarding the launch of its crypto services, AstroPay is planning to facilitate its users through a broad range of product…