Concordium blockchain and Geely Holding establishes joint blockchain venture
Concordium blockchain has teamed up with Geely Holding (Volvo’s parent company) to form a joint blockchain initiative. The project’s goal is to promote blockchain technology in the automotive industry. Concordium, a private blockchain, and Geely Holding, a Chinese multinational automaker that owns brands like Volvo, announced the formation of a joint blockchain business with headquarters […]
NFT Creator Yuga Labs Raises $450M in new funding round
Yuga labs’ new $450M funding led by A16z is geared towards building a Metaverse project. Yuga Labs, the owner of the Bored Ape Yacht Club and crypto punk, officially announced via Twitter that it had secured $450 million in investment at a $4 billion value. Yuga Labs plans to use the funds to establish a media empire […]
NOWPayments launches Shiba Inu (SHIB) and Doge Killer (LEASH) burn feature for its users
Crypto payment gateway NOWPayments has launched a new feature that enables its users to burn some of their Shiba Inu and Doge killer token. The feature will make the tokens scarce and also oworth more in value. NOWPayments, a non-custodial cryptocurrency payment processor, has launched a new service that allows merchants to burn a portion […]
Crypto.com exchange becomes an official sponsor of the 2022 FIFA World Cup
Crypto.com cryptocurrency exchange will be one of the official sponsors of the 2022 World Cup in Qatar according to a recent announcement by the international governing body for soccer, FIFA. The organization announced on Wednesday that Crypto.com’s branding will appear inside and outside stadiums for the FIFA World Cup Qatar 2022, which starts in November. […]
Grayscale Investments launches 7 new smart contract funds
Grayscale Investments, a digital asset management, has launched seven smart contract platforms other than Ethereum. The funds include ADA, SOL, AVAX, DOT, MATIC, ALGO and XLM. The Grayscale Smart Contract Platform Ex-Ethereum Fund, also known as the GSCPxE Fund, is Grayscale’s 18th investment product . At the following weightings, the fund will give exposure to […]