Founded in 2013, BtcTurk is one of the country’s oldest crypto exchanges and counts 4.5 million pro users, according to one of Turkey’s top newspapers, Cumhuriyet. It has recorded $200 million in trading volume in the past 24 hours, compared with $179 million for its biggest local competitor, Paribu, according to CoinMarketCap data. Source
Documents released by German site suggest ongoing concern about the environmental impact of proof-of-work technology. Original
The fund is led by a veteran game investor, and former studio executive Jon Goldman. Source
Crypto exchange FTX’s founder, Sam Bankman-Fried, met Goldman Sachs CEO David Solomon to discuss potential collaborations between the two firms, the Financial Times reported Thursday. Source
If the license application is accepted, the bank would be authorized to offer exchange and crypto-asset services. Source
Market tracker DappRadar and the Blockchain Game Alliance, or BGA, published the Blockchain Games Report for Q1 2022 on Wednesday. After citing that $720 million was invested into blockchain games and infrastructures in February in a previous report, the latest number for total Q1 investment is $2.5 billion. Venture capitalists and other investors raised $4 billion in 2021. The biggest deals listed in the report include Animoca Brands raising $360 million, bringing its valuation to $5 billion and becoming a leading Web3 brand. Sequoia Capital led a $450 million investment…
DappRadar, a major online platform that offers information and insights about all the existing blockchain-based decentralized applications (DApps), Wednesday disclosed through its Blockchain Games Report that interest in blockchain-based games has risen by 2,000% since Q1 of 2021. The study shows that blockchain games are leading in decentralized applications, which put them at 52% of all blockchain activities. The report further reveals that blockchain games attracted 1.22 million unique active wallets (UAW) in March of this year. According to the report, Axie Infinity, a platform that offers decentralized games, was…
According to the International Monetary Fund’s Global Financial Stability report released Tuesday, the war in Ukraine — following hard on the heels of the coronavirus pandemic — has led to a tightening of global financial conditions. Rapid changes in fintech and the uses and misuses of cryptocurrency play into the jumble of challenges facing the global economy. According to the report, the pandemic and war have led to accelerated “cryptoization” in emerging markets, due to increased speculative interest during the pandemic and then attempts to evade sanctions. Given compliance within…
Cosmos Asset Management’s Bitcoin ETF will be listed on Cboe equities next week Original
Metaverse firm The Sandbox is looking to raise $400 million at a valuation of more than $4 billion, according to a Bloomberg report on Tuesday. Source