The central African Republic, a country in central Africa, has become the latest to adopt friendly rules to regulate the crypto industry in the nation. In addition, the country has also adopted Bitcoin as its legal tender to prompt economic recovery, Forbes reported Saturday. According to the report, the minister of the digital economy, post […]
Decentralized Ethereum scaling platform Polygon announced today that it has launched a $100 million fund that would invest in Web3 developers looking to develop projects on its newly-launched ‘Supernets’ blockchains. Polygon’s new project ‘Supernets’ is a customizable tool where developers can create tailor-made blockchain networks with respect to their projects’ requirements without additional operational or
The US Office of the Comptroller of the Currency issued a consent order against Anchorage digital, crypto platform, and infrastructure provider, for failing to meet certain Bank Secrecy Act and anti-money laundering requirements as demanded by the banking regulator. The order has noted that Anchorage Digital has neither admitted nor denied the allegations of violating
MTR Corporation, a Hong Kong-based public transport operator, is stepping into the metaverse in partnership with The Sandbox, the metaverse gaming subsidiary of gaming and VC giant Animoca Brands. With the latest deal, MTR has become the first transport operator to join The Sandbox metaverse, where it plans to offer immersive experiences through a railway-themed
The United States has now extended its scope of sanctions on crypto mining firm BitRiver, the country’s Treasury Department revealed Thursday in an attempt to strengthen its sanctions against Russia. The Office of Foreign Asset Control (OFAC), the enforcement team of the US Treasury Department, has imposed stringent economic sanctions against Russia amidst its war
Bitcoin mining firm Crusoe Energy announced Thursday that it has raised $350 million from its latest funding round led by venture capital firm G2 Venture Partners (G2VP). We’re excited to announce our $350m Series C round of funding being led by @G2VPLLC! https://t.co/Z5c5pgciYM — Crusoe Energy (@CrusoeEnergy) April 21, 2022 In addition, the firm will
Renowned auction house Sotheby’s has been revealed to accept payments in DOT, the native cryptocurrency of blockchain network Polkadot, for its ongoing NFT auction project “Natively Digital 1.3: Generative Art.” The auction, which began on April 19th, is Sotheby’s third event focusing on generative art NFTs. Generative art is an art practice where a piece
Binance.US, the US arm of popular crypto exchange Binance, has withdrawn from the crypto lobbying group Blockchain Association, several media outlets reported Wednesday. In a statement shared with media outlet CoinDesk, a company spokesperson revealed Binance has decided to leave the organization citing differences in “values, goals and standards.” They noted: “Binance.US made a major
XinFin, a third-generation, hybrid blockchain that aims to enhance synergies between private and public blockchain development, is deploying bridges for its XDC token in collaboration with DIMO and Wanchain. The bridges will initially link XDC to BNB Chain, Polygon, Avalanche and Wanchain, with plans for Wanchain to provide XinFin with continuous support by introducing BTC,
Austin, US, 19th April, 2022, Chainwire Rainmaker Games launches the first discovery platform for blockchain games, providing a much-needed single-source of gaming data the industry was missing. Rainmaker’s beta platform includes over 150 blockchain games, expert reviews, technical details, earning potential statistics, video content, and more. Powered by their proprietary game data, the Rainmaker search
Singapore, Singapore, 19th April, 2022, – Kyber Network and BitTorrent Foundation have announced KyberSwap’s integration with BitTorrent Chain (BTTC) as their 11th chain integration, with more than $1.5M in liquidity mining and trading incentives available to users immediately. The partnership will accelerate DeFi’s adoption with the combined benefits of best trading and earning rates, ease
Dubai, United Arab Emirate, 19th April, 2022, Chainwire Today, Web3 innovator BitSport has announced its latest project, NFT-IGO, a new way for gamers and streamers to monetize their gameplay and interact with their fanbase. Similar to an initial public offering (IPO) in the stock market or an initial coin offering (ICO) in the crypto space,
