Yuga Labs, the company behind one of the biggest and most valuable NFT collections in the industry, the Bored Ape Yacht Club, announced Friday that it has bought the rights to the intellectual property of the other two most popular collections – CryptoPunks and Meebits – from Larva Labs. Yuga Labs announced Friday that it…
Breaking crypto news from the last week (Mar. 5 – 11, 2022): Mar. 5: The global pandemic changed everything for creators: The stay-at-home orders accelerated the shift toward blockchain and Web3 advancement, writes Doug Petkanics, a co-founder at Livepeer, where the team is building a decentralized live video broadcast platform to enable the next generation…
Roofstock, a digital real estate platform for single-family rental investing, announced closing a $240 million Series E round led by SoftBank‘s Vision 2 fund. With the new funding, Roofstock achieved a valuation of $1.94 billion. The Roofstock platform enables the $4 trillion fragmented, cottage industry of single-family rentals (SFRs) to become a relevant asset class….
Britain’s Financial Conduct Authority (FCA) has warned operators of crypto ATMs in the UK to shut down their machines, claiming it illegal. The financial watchdog says that it hasn’t granted any of the crypto firms registered with it the permission to operate ATM services. Government regulators are concerned about money laundering using crypto ATMs. The…
Сrypto businessman Ilman Shazhaev got stuck in Dubai in the wake of the COVID-19 lockdowns. However, he realized soon that Dubai is the best place to conduct international business. In a Cointelegraph interview, Shazhaev shared that he got stranded in the Middle-Eastern country during the pandemic lockdowns. However, he soon realized that it was a…
Crypto firms in the UAE are being flooded with requests to liquidate billions of dollars of virtual currency as Russians seek a safe haven for their fortunes, Reuters reported. According to sources, some clients are investing with crypto in real estate in the UAE, while others want to use local companies to turn their virtual…