Man City signs sponsorship deal with OKX despite market instability
By scanning the QR codes on street art that the cryptocurrency exchange has commissioned, Manchester City supporters will also have the opportunity to win season tickets in the OKX Hospitality Box. The English Premier League (EPL) champions Manchester City have announced that cryptocurrency exchange OKX has agreed to sponsor the team’s practice uniform for the […]
Riot Blockchain had 73% YoY increase in BTC production in June
Riot Blockchain started moving its miners to Texas in June 2022 after reporting a considerable rise in production compared to June of the previous year. Riot Blockchain, one of the top cryptocurrency mining companies , mined 421 BTC in June this year, a significant rise over the 243 BTC generated in June 2021. To cut […]
FDIC investigates Voyager’s deposit insurance claims: Report
The issue for Voyager has gotten worse as the FDIC is looking into prior allegations made by the cryptocurrency company. The troubled cryptocurrency brokerage firm Voyager Digital has apparently come under investigation from the U.S. Federal Deposit Insurance Corporation (FDIC) for making claims that money was FDIC-insured shortly after declaring bankruptcy. On Thursday (July 7, […]
VC firm Konvoy opens new $150M fund, targets blockchain-based games
According to Konvoy, a portion of the new $150 million fund would be invested in cryptocurrencies and blockchain-based games. Konvoy Ventures, a venture capital firm, plans to invest at least $30 million to support numerous games using cryptocurrencies and blockchain technology. With $150 million in funding, the American company announced the opening of Konvoy Fund […]
Reddit introduces new “Collectible Avatars” supported by blockchain
Reddit said that the initiative will use the Polygon (MATIC) blockchain for decentralized trading and third-party sales. Reddit, a platform for content aggregation, discussion, and ranking, unveiled a brand-new avatar system on Thursday. The business stated that the avatars will be accessible to the general public in the coming weeks, though no specific release date […]