NFT fantasy soccer game Sorare raises $680 million from funding
Following the recent funding round of $680 million, Sorare is now valued at $4.3 billion. With the funds, the platform plans to delve into other sports, onboard women’s soccer teams, and open a U.S. office. Sorare, an Ethereum-based fantasy soccer game based on NFT trading cards, has seen a considerable increase in player numbers and […]
Bitcoin miners have amassed $600M worth of BTC since Feb
Despite the recent sell-off, Bitcoin miners are hesitant to sell their BTC as hashrate rises. According to on-chain analytics service Glassnode, Bitcoin miners are accumulating as the network hash rate continues to recover. According to glassnode’s Sept. 20 Week on Chain report, miner BTC balances are increasing, with wallets affiliated with miners stockpiling 14,000 BTC […]
Top Brazilian investment bank BTG Pactual launches platform for direct crypto investment
BTG Pactual’s new crypto trading platform will handle a wide range of altcoins after initially supporting only BTC and ETH. BTG Pactual, a leading Brazilian investment bank , has introduced a new platform that allows consumers to invest directly in cryptocurrencies. BTG Pactual’s Mynt platform presently allows customers to buy Bitcoin and Ether, with the […]
Senator Warren confuses MakerDAO for The DAO a failed 2016 project
Senator Elizabeth Warren’s office in a meeting with MakerDAO developers stated it has allegedly confused DeFi protocol MakerDAO with The DAO a failed experiment in decentralized autonomous organizations in 2016. On Sept. 20, a screenshot began spreading on social media that appeared to show members of the MakerDAO community discussing the outcomes of a recent […]
Robinhood reportedly tests a new feature that allows users to withdraw crypto
Robinhood, a retail trading platform, according to sources is said to be testing a long-awaited new crypto wallet feature that allows users to transfer and receive crypto-assets like Bitcoin (BTC) from its app. On September 21, Bloomberg reported the story, claiming to have seen screenshots of a withdrawal UI in a test version of Robinhood’s […]