Day: March 22, 2023

Multichain wallet BitKeep raises $30M at $300M valuation

boss

On March 22, cryptocurrency derivatives exchange Bitget announced a $30 million investment into the multichain wallet BitKeep at a $300 million valuation. The deal will see Bitget become the controlling shareholder of BitKeep and allow the latter to “access to the exchange’s proven technology and security capabilities in the exchange domain, thus helping it improve the stability and security of its services.” Gracy Chen, managing director at Bitget, commented: “Being one of the most trusted crypto exchanges with a $300 million user protection fund, we know how much security and…

Emily Xie, NFT Creator – Cointelegraph Magazine

boss

New York’s Emily Xie is exploring the new frontier of digital art by combining her skills and passion for computer science and generative art.  In a little under two years, since she minted her first NFT in March 2021, she has caught the attention of prolific collectors, such as Punk6529, DC Investor and Bob Loukas, and recently left her software engineering job to pursue life as a full-time artist.  “I studied art history, took studio art courses, but also studied computational science and engineering. I made all sorts of art…

Asian Gaming Giant Nexon Taps Polygon for MapleStory Universe

Nexon recently announced plans to use a private Polygon supernet for its MapleStory universe to meet all requirements for seamless gameplay. South Korean gaming giant Nexon has tapped Polygon for the Web3 integration of its MapleStory Universe. According to reports, the Tokyo-headquartered video game publisher seeks to run a Polygon supernet to support MapleStory Universe’s in-game offerings. The popular non-fungible token (NFT) game will reportedly rely on the private supernet to meet the complex requirements of online gaming. MapleStory currently boasts 180 million registered users and is one of Nexon’s most successful…

Metaverse brings new problems and opportunities to music licensing

boss

The term “metaverse” is becoming increasingly common, but while many people have likely heard it used, they often don’t know what it means.  It can be difficult to explain the term to someone outside the Web3 space, as the metaverse is still relatively new and evolving. The most important thing to know is that it has the potential to revolutionize the internet and how people live, work and play. The metaverse is a new frontier of innovation and creativity, centered a great deal around media, which should come as no…

Onecoin Head of Legal and Compliance Charged for Role in Crypto Pyramid – Bitcoin News

boss

Authorities in the U.S. have announced charges against a former Onecoin executive for her alleged role in the notorious crypto pyramid scheme. Bulgarian national Irina Dilkinska, who was extradited on Monday, may face up to four decades in prison if found guilty on counts of fraud and money laundering. Bulgarian Woman Handed Over to US to Face Charges Related to Onecoin Judicial and law enforcement officials in the U.S. have pressed charges against a 41-year-old woman in connection with her participation in Onecoin, one of the largest scams in crypto…

MetaMask Institutional unlocks solo ETH staking marketplace

boss

MetaMask Institutional is set to be an avenue for the creation of new Ethereum validators after announcing a new staking marketplace for its institutional clients. Institutions that make use of MetaMask’s institutional-grade wallet and custody service will be able to manage Ether (ETH) staking through four vendors — ConsenSys Staking, Allnodes, Blockdaemon and Kiln. The marketplace aims to simplify access and management of solo staking, allowing institutions to become Ethereum network validators. MetaMask Institutional (MMI) has been live since October 2021, providing a platform that offers a wider set of controls and…

Bitcoin Mining Firm Navier Starts Tokenized Hashrate Marketplace for ‘Qualified’ Customers

boss

According to Navier, the existing two models available come with a lot of uncertainty. In the Compass Mining model, you have to trust another firm of delivering the right machines at the right time, without any damage, and then sign an agreement for hosting, and hope there are no “gotchas” in the contract, Metnick said. Cloud mining firms essentially offer synthetic hashrate, which users have little control over. Original

Why is Cardano price up today?

boss

Cardano (ADA) rallied to its best price level in a month as cryptocurrency investors prepared for the Federal Reserve’s looming interest rate decision. Fed boosts appetite for cryptos like ADA On March 22, ADA’s price surged by as much as 4.58% to $0.388, its highest level since Feb. 24. This bucked the trend as the total crypto market capitalization underperformed the Cardano token, dropping 0.4% on the same day.  ADA/USD versus crypto market cap daily performance chart. Source: TradingView  All eyes are on the Fed meeting on March 22 as chairman…

BTC Nears Fresh 9-Month High as Fed Meeting Looms – Market Updates Bitcoin News

boss

Bitcoin moved closer to a fresh nine-month high on Wednesday, as markets prepared for today’s Federal Reserve interest rate decision. The Fed is expected to hike rates by 0.25%, despite inflation falling last month to 6%. Ethereum briefly rose above $1,800 in today’s session. Bitcoin Bitcoin (BTC) closed in on a fresh nine-month high in today’s session, as markets continued to anticipate today’s Federal Reserve rate decision. Following a low of $27,785.11 on Tuesday, BTC/USD surged to an intraday peak of $28,439.56 earlier in today’s session. The move sees bitcoin…

Chinese Automaker Geely Beats Revenue Expectations, Shares Up 3% Now

According to Geely, it is projecting a total of 1.65 million units for the current fiscal year and it expects its electric vehicle to dominate the mix. Chinese automobile giant Geely Automobile Holdings Ltd (HKG: 0175) has beaten revenue expectations with respect to its revenue for the 2022 financial year. According to the performance report shared by the auto giant, it raked in a revenue of 148 billion yuan ($21.49 billion), up by 45.6% from the year-ago period. The impressive performance of the company was also highlighted in its earned…