PwC report: Crypto M&A surged 4,846% in 2021, average deal size tripled
    13 Feb 2022
    445 Views

    According to a PricewaterhouseCoopers (PwC) report, the total value of crypto-related mergers and acquisitions (M&A) rose to $55 billion in 2021 versus $1.1 billion a year earlier. The average deal size has more than tripled since 2020 to $179.7 million, while the total value of crypto fundraising deals climbed by 645%. The US led in…

    555-carat space diamond sold for $4.3 million in crypto
    13 Feb 2022
    341 Views

    A famed 555.55-carat black diamond that’s possibly from outer space was just auctioned off Sotheby’s for $4.29 million. A rare extraterrestrial gem will be potentially turned into a crypto marketing campaign, and the buyer has also paid with cryptocurrency. “The diamond has sold for $4,292,322,” confirmed a Sotheby’s spokesperson in a statement. “The buyer has…

    NEAR Protocol: “dark horse” of DeFi platforms
    13 Feb 2022
    462 Views

    The NEAR Protocol blockchain is not as flashed out in the crypto news as many other platforms. However, its impact on the market and its role in the development of DeFi is becoming more and more noticeable. The NEAR blockchain platform is an infrastructure layer similar to many other comparable platforms. Developers deploy decentralized applications,…

    Binance takes a $200 million stake in Forbes
    12 Feb 2022
    322 Views

    Binance is making a $200 million strategic investment in Forbes ahead of the publication’s plan to go public through a special purpose acquisition company in the first quarter of 2022. The world’s largest crypto exchange is branching out with a remarkable media investment. Binance will invest $200 million in Forbes, an anonymous source told CNBC…

    Samsung immerses in the Decentraland metaverse
    12 Feb 2022
    500 Views

    Samsung has built an entire mini-city on the Ethereum based Decentraland metaverse from where they livestreamed their big Samsung Unpacked event showcasing their latest phone and tech. The South Korean-based giant with yearly revenue of $200 billion has created an immersive experience on Decentraland that gamefies exploring their city corner through a mini-game. After entering…

    YouTube sees the ‘incredible potential’ of NFTs and metaverse
    12 Feb 2022
    587 Views

    YouTube believes in the ‘incredible potential’ of NFTs and Web3 for future products. A few weeks after mentioning that the world’s largest video platform will enter the world of blockchain, NFT, and metaverse, the company has provided more details. On Thursday, YouTube’s CPO Neal Mohan published a blog post about the company’s upcoming plans for…