Sky Mavis Raises $150M to Refund Users
Sky Mavis, the company behind the popular play-to-earn game Axie Infinity, announced on Wednesday that it has received $150 million in a round sponsored by Binance to compensate users for funds lost in the $625 million Ronin attack. A16z, Dialectic, Paradigm, and Accel were among the investors in the round. Validator nodes on the company’s Ronin […]
Ukraine To Auction NFT Donations
Ukraine is preparing to launch a website where it will auction off roughly 300 non-fungible tokens (NFTs) that have been donated to the country. A CryptoPunk was among the given NFTs, according to Etherescan transactions, and was transferred to the country’s official Ethereum (ETH) address in early March. According to a report, Alex Bornyakov, Ukraine’s […]
Litecoin Partners with Antpool, Announces LTC Lab Formation
Litecoin has announced the formation of LTC Labs in collaboration with Antpool, one of the world’s leading digital currency mining platform, to form a digital currency research Laboratory. The major focus of Litecoin labs will be “research and information of anonymous transactions, decentralized applications, the evolution of digital currency, wallets and other projects focused on growing […]
European Union to Consult Specialists on Digital Euro
The European Union is soliciting opinions from financial services specialists on the prospective adoption of a digital euro including international payments, privacy, and the influence on financial stability. The European Union’s Directorate-General for Financial Stability, Financial Services, and Capital Markets Union announced on Tuesday that it would be preparing an assessment of the central bank’s […]
US Treasury Secretary to Deliver First Speech on Crypto
The United State Treasury Secretary, Janet Yellen will on Thursday deliver her first speech on cryptocurrencies and what she thinks about digital assets. During a Thursday speech at American University in Washington, Yellen will discuss how the Treasury Department regards cryptocurrency as an emerging element of the economy. The address, scheduled for 10:30 a.m., is […]