Solana tech developer Coral raises $20M, plans to launch ‘xNFT’ protocol

Solana ecosystem developer Coral has closed a $20 million investment round backed by some of crypto’s biggest venture funds, setting the stage for launching its new interactive wallet later this month.  The investment round was co-led by FTX Ventures and Jump Capital with additional participation from Multicoin Capital, Anagram, K5 Global and other investors, Coral announced Wednesday. Coral said it would use the funds to build internal capacity and launch its flagship product, Backpack. Backpack is said to be an interactive wallet that delivers “crypto-native experiences” through so-called executable nonfungible…

Pro sports league Karate Combat to launch DAO for fan, athlete governance

Karate Combat, a prominent full-contact martial arts league, announced the decision to form a decentralized autonomous organization (DAO) to transition its governance to fans and athletes. Karate Combat’s DAO will be launched as part of a three-year sponsorship deal with Hedera’s HBAR Foundation, expected to go live in December 2022. Holders of Karate Combat’s in-house governance token, KARATE, will get to vote on various decisions, which include determining the league’s budget, resource allocation, supplier selection, marketing strategy and rule changes. In addition, the DAO will enable fans to vote on…

Why Should You Launch A White Label NFT Marketplace Platform Right Away?

Consider buying a digitally created artwork on the Internet for a decent amount and receiving a unique digital token that certifies your ownership of the artwork. Wouldn’t that be fantastic? That option is now available, courtesy of NFTs. NFTs are currently sweeping the digital art and collectibles industry. Just as everyone thought Bitcoin was the digital solution to currency, NFTs are now being marketed as the digital response to collectibles. Let’s get started and see what all the hype is about!   What is NFT?  Non-fungible tokens (NFTs) appear to…

Russian Exchanges Ready to Launch International Crypto Payments, Lawmaker Reveals – Exchanges Bitcoin News

The largest exchanges in Russia are ready to begin operating with cryptocurrencies right after authorities legalize cross-border settlements in crypto, according to a leading member of the Russian parliament. The stock and commodity trading platforms in Moscow and St. Petersburg are working to develop this market, the high-ranking official added. Russia’s Top Exchanges Waiting for Moscow’s Green Light on Cryptocurrency Payments Major Russian exchanges are prepared to start working with cryptocurrencies as soon as government institutions create the legal conditions for crypto settlements, the head of the Financial Market Committee…

Posh Markets Inc․ to Launch the Presale of PoshCoin, the Newest Cannabis Crypto Coin – Press release Bitcoin News

press release PRESS RELEASE. New York, 09/27/22: US-based Posh Markets Inc has announced the presale of PoshCoin, the all-new cannabis cryptocurrency, on September 28, 2022. With this presale, the company aims to offer end users – cannabis fans an opportunity to gain insights into PoshCoin before unveiling it to the general public. The much-awaited presale of PoshCoin will happen on PinkSale, a dedicated launchpad for crypto tokens. Posh Markets Inc has fixed the value of PoshCoin at 0.0087 USD exclusively for this presale round. “Our objective is to assist cannabis…

Italian Serie ‘A’ Soccer Team AC Milan to Launch NFT Initiative – Metaverse Bitcoin News

AC Milan, a popular soccer team in the Italian Serie A league and the current champion, announced the launch of a new non-fungible token (NFT)-based project. The organization established a partnership with Monkeyleague, a Solana-based Web3 soccer game, which became its official NFT partner to launch a new series of NFT branded game assets for the game. AC Milan to Launch NFT Branded Assets in Monkeyleague Sports teams from all over the world are now introducing more and more Web3 elements in order to connect with fans from…

Filesharing Crypto Project Filecoin Reports Strong Fundamental Growth Ahead of FVM Launch

At the FIL Singapore event on Monday, attended by CoinDesk, Colin Evran, co-lead at Filecoin development lab Protocol Labs, said the network’s storage providers were increasing at a rate of 20% each month, with most activity in North America, Korea and Hong Kong. Evran said that some 7,000 new developers were currently building applications on the Filecoin blockchain. Source

Brazilian Federal Police Launch Operation Colossus, 6 Cryptocurrency Exchanges Involved – Regulation Bitcoin News

The Brazilian Federal Police and the Brazilian tax authority have launched the final stage of “Operation Colossus,” a movement that has executed hundreds of court orders against cryptocurrency exchanges, arbitrage agents, and fake companies in four states of the country. 158 government officers, including 130 federal policemen, were involved in this operation, effecting search and seizure orders for six cryptocurrency exchanges and four forex institutions. Operation Colossus Launched to Stop Crypto Money Laundering Operations On September 22, The Federal Police of Brazil, with the help of the Brazilian…

FOREO’s Flagship Products Launch as NFTs Before Conventional Release, Paving the Way for Skincare Innovation – Press release Bitcoin News

press release PRESS RELEASE. Stockholm, September 22nd: As the world moves into more digital environments, Swedish beauty-tech giant FOREO has taken the initiative to bring a whole new product to audiences everywhere – the beauty NFT. Blockchain technology has allowed FOREO to challenge traditional skincare protocol and unobtainable beauty standards by bringing its renowned beauty range LUNA into the 21st century with NFTs of its leading products before traditional launch. Brands have the opportunity to bring their products to a whole new market, connecting younger generations with tailored, innovative skincare…

Japanese Banking Heavyweight Nomura to Launch Crypto-Focused Venture Capital Arm – Finance Bitcoin News

On Wednesday, the Japanese financial holding company and principal member of the Nomura Group, Nomura Holdings, announced the launch of a crypto-focused venture capital unit called Laser Digital Holdings. Nomura’s move follows a number of financial giants entering the cryptocurrency industry this year. Nomura Introduces Laser Digital Holdings The investment banking giant from Japan, Nomura Holdings, is stepping into the world of crypto assets and in the coming months the new venture will reveal a slew of “new services and product lines.” Nomura is one of the largest investment banks…