MakersPlace raises $30 million in venture funds, including Coinbase and Pantera Capital
    15 Aug 2021
    445 Views

    One of the original NFT marketplaces, MakersPlace, has announced a $30 million Series A round of venture financing on Aug 4, led by Bessemer Venture Partners and Pantera Capital. It also includes a number of backers from the venture arm of Coinbase and Sony Music Entertainment to many important persons in the worlds of sports,…

    Poly Network hacker returns $342M after the biggest heist in DeFi history
    15 Aug 2021
    627 Views

    On Tuesday, the Poly Network suffered a $612-million hack that did the hacker steal assets from Ethereum, Binance Chain, and the Polygon Network. It’s the biggest heist in DeFi history. However, the suspected hacker already returned over half of the stolen funds, saying he did it “for fun.” On Aug. 10, a hacker exploited a…

    The vague notion of a “Crypto Bank”
    15 Aug 2021
    479 Views

    The concept of a “crypto bank” has grown increasingly popular in recent years. It’s only natural: where there is money, there is a bank. And crypto money needs a crypto bank. But in fact, the whole thing has been rather difficult to define so far. To begin with, there are as many as four definitions…

    NFT boom: OpenSea trading volume skyrockets 76,240%
    14 Aug 2021
    620 Views

    The NFT boom caused OpenSea trading volume to explode 76,240% year-to-date. The non-fungible token (NFT) marketplace processed 1.18 million transactions worth $1.06 billion just in the last 30 days. Trading volumes on peer-to-peer nonfungible token (NFT) marketplace OpenSea in 2021 have surged by over 12,000%. According to DappRadar data, the total incoming value to OpenSea’s…

    KPMG study: Crypto and blockchain investments doubled 2020 value
    14 Aug 2021
    590 Views

    According to a new KPMG report, cryptocurrency and blockchain investments continue to grow thanks to ever-rising investor interest and have already doubled the value since 2020. Investors now have a better understanding of crypto assets and the operational and procedural side of crypto, a report claims. The study, titled “Pulse of Fintech H1 2021,” covers…

    Messi’s PSG contract reportedly includes crypto fan tokens
    14 Aug 2021
    511 Views

    The financial package for Argentine soccer star Lionel Messi’s much-anticipated move to Paris Saint-Germain includes payment in crypto fan tokens, sources claim, providing another big-name endorsement for new digital assets. Lionel Messi’s transfer to PSG included a payment in cryptocurrency fan tokens, the club confirmed on Thursday. 34-year-old Messi left Spanish club Barcelona and signed…