Azra Games Raises $42 Million in Series A Funding
In Series A funding, NFX, Andreessen Horowitz, and Pantera Capital invested $42 million in Sacramento-based Azra Games. According to a press statement from the firm, the money will be utilized to create a role-playing game optimized for mobile devices and incorporates non-fungible tokens and blockchain technology. With this, the company would have received $68.3 million […]
Glassnode Report Shows The Crypto Market Is Maturing
Coinbase and Glassnode reported on stablecoin adoption and Ethereum layer-2 scaling solutions in the cryptocurrency market. Coinbase and Glassnode published research on the cryptocurrency market on October 15, citing the rapid acceptance of stablecoins and the ongoing development of Ethereum layer-2 scaling solutions as key catalysts for the market’s maturation. In the course of this […]
UK Identifies TikTok as Unregulated Crypto Platform
TikTok is under UK scrutiny for allegedly acting as an unregistered bitcoin exchange, based on concerns from a former compliance consultant. TikTok has faced criticism for potentially operating as an unregistered bitcoin exchange in the United Kingdom, prompting an increase in monitoring. The United States Attorney’s Office made the charges public after receiving a letter […]
Ripple Teams with Leading Exchanges to Launch RLUSD Stablecoin Globally
Ripple has launched its RLUSD stablecoin with support from major exchanges like Uphold, Bitstamp, and Bitso, ensuring liquidity through market makers such as B2C2. An Oct. 15 statement from Ripple says that it has officially announced that the exchange partners will accept its new Ripple USD (RLUSD) stablecoin. The press release says that RLUSD will […]
Trump’s World Liberty Financial Site Crashes Amid Token Sale
World Liberty Financial, a DeFi project backed by Donald Trump and his sons, launched its WLFI token sale, causing the site to crash due to high traffic. The WLFI token will be a governance token for the upcoming Ethereum-based protocol, available to accredited U.S. and international investors. The DeFi project World Liberty Financial, backed by […]