Israel-based StarkWare announced on Tuesday via Twitter that it had raised $50 million in a Series C funding round, and that the firm’s valuation is now at $2 billion. Sequoia Capital was the lead investor, among other contributors. Seven months ago, StarkWare raised $75 million in a Series B funding led by Paradigm. We are excited to announce our…
AMC theater chain has revealed that it is starting to let moviegoers in the United States pay for their tickets and snacks in Bitcoin and other cryptocurrencies. In August, AMC has announced that it will start accepting cryptocurrency by the end of the year. Now, company CEO Adam Aron has revealed on Twitter that you…
Prestigious auction house Sotheby’s has announced the company will be selling Banksy works for real-time bids in Ethereum (ETH) at an auction on November 18. The famed auction house claims it will be the first to accept crypto for a real-time auction of physical art — but other auction houses are not far behind. On…
Investment bank Morgan Stanley has stated the metaverse is now the next big investment theme, in a note directed to investors on November 11. Strategists from the bank believe this alternate conception of reality is amassing important interest from companies like Facebook (now Meta) and Microsoft, which are already trying to grasp the concept. And…
The US Securities and Exchange Commission (SEC) has rejected a proposal to launch a spot Bitcoin exchange-traded fund (ETF) that would actively track the price of BTC. Cboe BZX exchange had applied back in March; however, the SEC stated that not enough was done to protect investors from fraudulent trading. The Commission says the proposal…
The Middle East has established itself as a global hub for crypto innovation due to laws crafted by UAE regulators who recognize that the world is increasingly adopting cryptocurrencies and blockchain technology. Entrepreneur Ali Bader, the owner of Sky Investments, revolutionizes the UAE real estate industry, enabling investors to buy a property with crypto. In…
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