Gamestop Beta NFT Marketplace Launches, Platform Leverages Loopring’s ZK-Rollup Tech – Bitcoin News

On Wednesday, the head of growth at Loopring, Adam Browman, announced that the recently teased Gamestop NFT marketplace has launched its beta version using Loopring’s layer two (L2) technology. Browman says that with Gamestop’s new NFT marketplace leveraging Loopring’s ZK-rollup technology, the platform “inherits Ethereum’s self-custodial security while abstracting away costly gas-fees, leaving no one priced out.” Gamestop Reveals NFT Market Built With Loopring’s L2 Tech During the last few months, the video game retail giant Gamestop has been hinting at a non-fungible token (NFT) marketplace launch. Last month, Gamestop…

Chainlink launches startup program to provide blockchain resources to early-stage projects

Chainlink Labs recently announced a program that provides a blueprint to help new crypto projects in their blockchain business building journey. According to the company, the program called Startup with Chainlink will help early-stage founders and entrepreneurs with free information resources, community groups and access to mentors from a pool of business and technical experts. David Post, a Chainlink Labs executive who contributed to creating the program mentioned that the it will let startups access scaling information, operations best practices, webinars, events and community groups. However, top projects will be…

US investment bank Cowen launches dedicated crypto division

Cowen, a major American independent investment bank, has officially launched a dedicated cryptocurrency and digital asset division. Called Cowen Digital, Cowen’s new business is designed to offer full-service trade execution and custody for cryptocurrencies like Bitcoin (BTC) and other digital assets for institutional investors, the firm announced on Wednesday. In order to launch the new crypto division, Cowen has collaborated with PolySign’s cold storage-focused subsidiary, Standard Custody and Trust Company. The bank is also a client of Digital Prime Technologies, a brokerage solution-focused firm providing business and compliance services, the…

Investment Bank Cowen Launches Digital Unit, Aims to Compete With Bulge-Bracket Firms

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Chip giant Qualcomm launches $100M Metaverse fund

Multinational software and microchip giant Qualcomm Incorporated has launched a $100 million Metaverse fund to back extended reality (XR), artificial intelligence (AI), and augmented reality (AR) tech companies.  Extended reality, or XR, refers to the combination of smartphones along with AR and VR technology such as headsets and glasses. The investment project is dubbed the “SnapDragon Metaverse Fund” in reference to the firm’s Snapdragon chips that are designed for a long list of devices including smartphones, tablets, computers, smartwatches, and smartbooks. According to a March 21 announcement, the funding will…

Coinbase Cloud launches Avalanche developer tools suite

The Avalanche ecosystem stands to gain from three tremendous developments announced this week with Coinbase Cloud’s integration, BTC support, and UST trading. Web3 developer hub Coinbase Cloud has added a suite of tools to support development on the Avalanche blockchain and smart contract platform. As part of the new support features, Coinbase Cloud is running an Avalanche (AVAX) public validator node. This allows Avalanche network participants to stake their AVAX tokens with Coinbase Cloud and delegate power for validating transactions on the blockchain. .@coinbasecloud is committed to supporting our #AVAX…

Grayscale launches smart contract fund for Ethereum competitors

Digital asset manager Grayscale Investments has unveiled a new cryptocurrency fund dedicated to smart contract platforms excluding Ethereum, underscoring growing investor appetite for alternative blockchain networks.  The Grayscale Smart Contract Platform Ex-Ethereum Fund, also known by the ticker symbol GSCPxE, is the company’s 18th investment product. The fund will provide exposure to seven smart contract platforms at the following weightings: Cardano (ADA): 24.63% Solana (SOL): 24.27% Avalanche (AVAX): 16.96% Polkadot (DOT): 16.16% Polygon (MATIC): 9.65% Algorand (ALGO): 4.27% Stellar (XLM): 4.06% Grayscale said the new fund is now open for…

Grayscale Investments Launches Smart Contract-Focused Diversified Fund – Bitcoin News

The largest digital currency asset manager in terms of assets under management (AUM), Grayscale Investments, has announced the launch of a smart contract fund that is compiled of ethereum competitors. The fund called “GSCPxE” holds seven different smart contract coins and it’s Grayscale’s 18th investment product to date. Grayscale Launches GSCPxE — Fund Holds Cardano, Solana, Avalanche, Polkadot, Polygon, Algorand, Stellar Grayscale Investments has announced another fund that covers the landscape of smart contract tokens, but leaves the largest smart contract token ethereum (ETH) out of the equation. The new…

Trading Platform Pipe Launches Alternative Financing Solution for Bitcoin Miners

A company signs contracts with its customers for a recurring payment schedule, and then puts those contracts into Pipe’s platform for trading, where investors will buy the contracts. In turn, the transaction becomes an instant source of funding for the company, which it can use to fund its growth without diluting the shareholders by offering equity or locking in an expensive debt facility. Original