Now valued at $4 billion, the company will use the funds to build out its NFT-based metaverse. Yuga Labs, the company behind the popular non-fungible token (NFT) project Bored Ape Yacht Club, has raised a $450 million funding round led by Andreessen Horowitz (a16z). The round, first reported to be in the works back in […]
Bored Ape Yacht Club Owner Yuga Labs Raises $450M Led by A16z Read More »
The treasury minister of El Salvador, Alejandro Zelaya, has informed about the future of the issuance of the bitcoin bonds and the possibility of these being issued by La Geo, the national geothermal power company. Zelaya also referred to the day of issuance of these instruments, hinting at a possible delay that would see the
KEY POINTS The Tesla CEO is set to cut a red ribbon at the new Giga Berlin (or Gigafactory Berlin) plant in Grünheide. Tesla sees the Berlin factory producing up to 500,000 vehicles annually. In recent quarters, Tesla has been exporting cars from China to customers in Europe. Elon Musk officially opened Tesla’s first manufacturing facility in Europe
Elon Musk breaks out the dance moves as he opens new Tesla factory in Germany Read More »
The G.O.A.T. of Ethereum has been likened to the G.O.A.T. of American Football, but not in the way you think. It began with a Time Magazine article On Friday, Time Magazine reporter Andrew Chow published an article about his experience at ETHDenver. Chow also got the chance for an exclusive interview with the eccentric Ethereum co-founder
Tom Brady Says He’s A Big Fan Of Vitalik Buterin Read More »
Goldman Sachs, facilitated by Galaxy Digital, purchased an over-the-counter options contract to be cash-settled, that is tied to the price of bitcoin. Goldman Sachs initiates its first bitcoin options trade with the help of Galaxy Digital. The options trade was a non-deliverable, over-the-counter contract that allows the purchaser to cash-settle for price volatility in bitcoin.
GOLDMAN SACHS PARTNERS WITH GALAXY DIGITAL FOR FIRST BITCOIN OPTIONS TRADE Read More »
Crypto markets added nearly 3.2% to their overall market cap in the past 24 hours, data shows. A run in cryptocurrencies pushed the overall market capitalization back above the $2 trillion mark, a level last seen earlier this month before global markets slumped amid the war in Ukraine and tighter monetary policy in the West.
Cryptos Reclaim $2T Capitalization, Cardano’s ADA Leads Gains in Majors Read More »
Out of the 2,000 responders, 24% revealed interest in investments in tokens or NFTs in 2022, which highlights a “critical tipping point” for token adoption. A survey on investors across the United Kingdom has revealed a growing interest in the new asset classes that threaten to overshadow traditional finance, which is driven by factors such
Tokens pose lesser risk than gold and oil for UK investors — Survey Read More »
Time Magazine made an announcement via Twitter that it will start accepting ApeCoin in the coming weeks. ApeCoin, an Ethereum-based token was recently issued by Yuga Labs – the creators of the Bored Ape Yacht Club. Previously, the magazine had made it possible to pay for digital subscriptions with Bitcoin and other cryptocurrencies, including XRP, Ether and Dogecoin, last April. Time
Time Magazine to Start Accepting ApeCoin Read More »
KEY POINTS Central banks the world over have been caught cold by a surge in inflation in the aftermath of the coronavirus pandemic, which has sent annual consumer price increases to multi-decade highs. The risk, economists have suggested, is that by tightening policy aggressively even as growth is threatened by the conflict while financial conditions
The Bold card will allow users to spend U.S. dollars on a line of credit collateralized by their bitcoin holdings. Bitcoin company Bold announced on Thursday it would launch a credit card to enable customers to spend against bitcoin held as collateral and earn BTC rewards on every purchase. The offering differs from products made popular over
BOLD CREDIT CARD: SPEND AGAINST BITCOIN COLLATERAL Read More »
