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Polygon partners with Seven Seven Six to launch a $200M Web 3.0 social media initiative

Polygon partners with Seven Seven Six to launch a $200M Web 3.0 social media initiative

Polygon and Alexis Ohanian’s venture capital firm, Seven Seven Six, unveiled a $200 million initiative on Friday to back projects at the intersection of social media and Web3, also gaming applications developed on Polygon’s network. Ohanian co-founded Reddit in 2005, resigned in 2010, then returned in 2014 as executive chairman to oversee a recovery before […]

Binance and FTX reportedly compete for FC Barcelona shirt sponsorship deal

Binance and FTX reportedly compete for FC Barcelona shirt sponsorship deal

Recently, it’s been rumoured that two of the biggest crypto exchanges, i.e. Binance and FTX are prepared to go all out and even head-to-head in a bid to become FC Barcelona’s official jersey sponsor. There are already strong linkages between the cash-strapped club and cryptocurrency. Rakuten, a Japanese e-commerce giant with its own domestic crypto […]

Bitwise launches its new index fund dubbed ‘the Blue-Chip NFT Index Fund’

Bitwise launches its new index fund dubbed 'the Blue-Chip NFT Index Fund'

Bitwise Asset Management has launched its new NFT index fund on Dec. 16 this is the world’s first NFT Index Fund. The fund is in an effort to make some of the world’s most valuable NFTs, art collections, and other digital assets of value more accessible. The Bitwise Blue-Chip NFT Index Fund, according to the […]

Research shows 83% of millennial millionaires hold crypto

Research shows 83% of millennial millionaires hold crypto

According to a new CNBC survey, most millennial millionaires have already invested in crypto and want to add more in 2022.  The survey questioned investors with $1 million or more in assets, and 83 percent of the millennial millionaires polled said they had made cryptocurrency investments. In sum, 53% of poll respondents claimed they have at […]