Month: March 2022

Blockchain Game Mecha Morphing Completes Private Round of Financing

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Mecha Morphing has completed its private round of financing led by YGG SEA and IVC. More than 20 institutions including SHIMA Capital, Innovion, AC Capital, and Sfermion participated in the investment. The specific investment amount has not yet been disclosed. Mecha Morphing is a well-crafted fully decentralized high-quality ARPG game. The game is set in a future time. The style is a unique fusion of cyberpunk with mecha wasteland. Coupled with high-quality combat graphics, it will bring players a visual feast. Mecha Morphing is a game that was carefully created…

JPMorgan Conducts Strategic Investment to Blockchain Firm TRM Labs, Expanding Crypto Business

On Monday, financial tycoon JPMorgan Chase (JPM) said it is making a “strategic investment” in San Francisco-based blockchain intelligence platform TRM Labs. TRM Labs integrates more than a dozen blockchains, aiming to utilize blockchain technology to detect signs of financial crimes, such as fraud and money laundering, in real-time and help financial institutions, cryptocurrency companies, and public institutions deal with corresponding risk management. TRM said its Labs’ products would help demonstrate the transparency of blockchain transactions, helping clients reduce risk and meet anti-money laundering (AML) regulatory requirements. The company also offers…

Mars4 Metaverse Listing on KuCoin – Sponsored Bitcoin News

Humans have always had the ambition to explore outer space. To this day, the Moon Landing remains etched in history as one of the most highly regarded events of all time, one that continues to inspire over half a century later. Space travel is still far from universally available, such that even the planets and moons of our Solar System are beyond our reach but for the hard work and effort of the world’s various space programmes. MARS4 Metaverse aspires to bring that dream closer. What is MARS4? MARS4 is…

Plan B – Bitcoin Bullrun To Continue In 2022

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Cambridge University launches crypto research project with IMF and BIS

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The University of Cambridge is collaborating with some of the world’s top banking institutions and private companies to introduce a new project targeting cryptocurrency research. The Cambridge Center for Alternative Finance, or CCAF, has launched a research initiative aiming to bring more insights on the rapidly growing digital asset industry, the CCAF announced to Cointelegraph on Monday. Dubbed the Cambridge Digital Assets Programme, or CDAP, the project is a public-private collaboration with 16 companies including public institutions like the Bank for International Settlements Innovation Hub and the International Monetary Fund.…

Ethereum Whale Supply Last Active 7 Years Ago Hit New ATH

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While small-scale investors continue to flood into Ethereum, the supply of ETH that was last active 7 years ago remains unsold. Ethereum Whales Wallets Remain Inactive According to statistics from the Glassnode data aggregator, small-scale investors are actively acquiring Ethereum, the second largest crypto on the market, while 7.6 million ETH that were last active in 2015-2017 remain unsold. The holders of Ethereum supply who last moved their crypto five and seven years ago, i.e. in 2017 and 2015, have achieved a three-month high, according to Glassnode. This supply presently…

ADAPad, BSCPad, ETHPad, VelasPad, PulsePad Launchpads

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While cryptocurrency and blockchain technology is still relatively new, they have been rapidly growing, with companies taking advantage of this new, innovative, and disruptive technology that is reshaping many industries, namely the financial sector. The lending industry is currently a multi-billion dollar industry, with loans being provided by banks and other financial institutions to individuals and businesses alike; nevertheless, it’s been plagued by trust and transparency issues. The decentralized nature of blockchain technology has led to the rise of a new generation of financing platforms like ADALend, aiming to solve…

A Project Called Fries DAO Raises $5.4 Million to Purchase Fast-Food Restaurants – News Bitcoin News

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The concept of leveraging a decentralized autonomous organization (DAO) has become very popular these days, as a myriad of DAO ideas have been created. A new DAO dedicated to purchasing fast-food restaurants called Fries DAO has raised more than $5.4 million to achieve the goal. Fries DAO Creators Dream of a ‘DAO-Governed Fast-Food Franchise Empire’ Last week, Bitcoin.com News reported on a newly launched DAO that is attempting to purchase the NFL’s Denver Broncos football franchise for $4 billion. Ever since 2016’s Genesis DAO and the subsequent hack that followed,…

South African exchange raises $50M in Africa’s largest funding round

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South African crypto exchange VALR has raised $50 million in a Series B equity funding round, marking the largest-ever funding for an African crypto exchange. With this latest round of funding, VALR’s valuation has increased to $240 million, a 10X in growth since it raised its $3.4 million in a Series A round in July 2020. This round was led by VC Pantera Capital, Alameda Research, Coinbase Ventures, and several others. VALR claims to have processed over $7.5 billion in trading volume since 2019 from over 250,000 retail customers and…