Warner Music Group partners with Polygon NFT music platform LGND
    07 Dec 2022
    305 Views

    Warner Music Group, the major record label, announced on Dec. 6 a multi-year partnership with the Ethereum sidechain network and the Web3 music startup. Artists signed to Warner Music Group labels will be able to release music NFTs through the upcoming Polygon-based marketplace LGND Music. LGND Music is an online marketplace set to launch in…

    Aave acquires NFT game developer Sonar for Lens social media integration
    07 Dec 2022
    359 Views

    Aave Companies has acquired Sonar, a mobile metaverse app whose users pilot NFT-linked avatars through digital worlds, with plans to integrate its Lens social media protocol with the platform. Following the acquisition, Lens Protocol will be integrated into a game app with about 20,000 monthly active users. Software development company Aave Companies announced on Dec….

    Chainlink launches staking, building its new Economics 2.0
    07 Dec 2022
    314 Views

    Staking for decentralized oracle network Chainlink is now live on Ethereum for early access users, which is one of the most highly anticipated events for its network. After being open fully on Dec. 8, holders of its native token LINK will be able to contribute to the network’s security and receive appropriate rewards. Previously, Chainlink…

    Goldman Sachs sees opportunities for crypto investment after the FTX crash
    06 Dec 2022
    319 Views

    Investment bank Goldman Sachs plans to spend “tens of millions of dollars” to buy or invest in crypto firms whose valuations declined after the collapse of crypto exchange FTX, Reuters reported. “We do see some really interesting opportunities, priced much more sensibly,” said the bank’s digital asset head Mathew McDermott. According to a Reuters report,…

    Coca-Cola to mint NFTs based on heatmaps from FIFA World Cup games
    06 Dec 2022
    450 Views

    Coca-Cola has teamed up with Crypto.com to release a collection of 2022 FIFA World Cup NFTs based on heatmaps of the games played. The move is the latest corporate play to try to capitalize on crypto fever amid the World Cup in Qatar. Coca-Cola is releasing a set of 10,000 World Cup NFTs, which are…

    Circle and SPAC terminate plans to take USDC issuer public
    06 Dec 2022
    399 Views

    USDC stablecoin issuer Circle and publicly traded special purpose acquisition company Concord Acquisition Corp mutually ended their proposed business combination after the deal “timed out.” The mutual termination comes after over a year and a half of deliberating around the terms of Circle’s potential multibillion-dollar listing. Previously, Circle had been eyeing an entry into the…