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HBAR Foundation unveils 0M fund to advance metaverse development

HBAR Foundation unveils $250M fund to advance metaverse development

HBAR Foundation is looking to further its development in the metaverse industry with a new fund. The $250 million fund announced Thursday seeks to attract developers, entrepreneurs, and companies into developing their metaverse products in the Hedera ecosystem. (1) We’re excited to officially announce the launch of the #Metaverse Fund, a major acceleration force for […]

MOBLAND and Wormhole Introduce GameFi 2.0 Multi-Chain Metaverse Ecosystem

MOBLAND and Wormhole Introduce GameFi 2.0 Multi-Chain Metaverse Ecosystem

Singapore, Singapore, 7th April, 2022, Chainwire MOBLAND, the first-ever Mafia-themed Metaverse has announced a partnership with Wormhole, the largest cross-chain interoperability protocol to build GameFi 2.0 cross-chain bridging solution. All the while, MOBLAND’s Mafia-as-a-DAO governance system has been the #1 NFT collection on Binance NFT (all-time volume) for 4 months running. The cross-chain solution by

Russia not significantly evading sanctions using crypto, says Janet Yellen

Russia not significantly evading sanctions using crypto, says Janet Yellen

In a testimony before the U.S. House Committee on Financial Services, Treasury Secretary Janet Yellen has claimed that her department has not found evidence of Russia exploiting crypto assets as a means to evade sanctions. As a backdrop, the United States and its allies imposed heavy economic sanctions on Russia following the country’s declaration of

Culture-led Metaverse The Kingdom Secures .6 Million Through Private Funding Round

Culture-led Metaverse The Kingdom Secures $3.6 Million Through Private Funding Round

Tortola, British Virgin Islands, 7th April, 2022, Chainwire The Kingdom, the world’s first culture-led Metaverse, has secured $3.6 million in its private funding round. Numerous prominent investors took part in the round, catapulting the project to the forefront of Web3 development. The Kingdom will be an open-world Metaverse focusing on culture-led experiences through NFT collaborations,

Grayscale drops SushiSwap, Synthetix from DeFi fund in latest portfolio adjusting

Grayscale drops SushiSwap, Synthetix from DeFi fund in latest portfolio adjusting

SushiSwap (SUSHI) and Synthetix (SNX) received a heavy blow on Wednesday after Grayscale Investments removed their exposure from its DeFi Fund’s portfolio as part of its quarterly readjustments. The move came after the protocols’ market capitalization fell short of Grayscale’s minimum requirements. At press time, decentralized exchange SushiSwap and synthetic asset issuance protocol Synthetix have

LOVO Raises .5M Pre-Series A to Develop the Voice of Web 3.0

LOVO Raises $6.5M Pre-Series A to Develop the Voice of Web 3.0

San Francisco, CA, 7th April, 2022, — LOVO, a synthetic speech startup, has closed a $2 million extension to its pre-Series A round, which now totals $6.5 million. The extension was led by Hashed, a global crypto venture capital firm active in the blockchain gaming and NFT ecosystem, previously investing in Axie Infinity, The Sandbox

New survey suggests one in five Americans has explored crypto assets

New survey suggests one in five Americans has explored crypto assets

A new survey conducted by NBC News suggested that at least one in five adults in the United States have explored cryptocurrencies through trading and/or investing. Of the total 1000 respondents participating in the poll, 21% have “dabbled” in cryptocurrencies, demonstrating heightened interest in the space. The crypto industry saw significant growth in the year

BSCFomo RoI dApp latest to incentivize new class of crypto-investors

BSCFomo RoI dApp latest to incentivize new class of crypto-investors

Dapps or Decentralized Applications has become a buzzword in the crypto-world over the past 3 years.  For the uninitiated, the term dApp refers to a blockchain-based application that runs on a decentralized network and uses its resources. Decentralized apps normally have no central point of failure, have open source code and work with a decentralized

Trezor suffers from potential data breach as users report phishing scam

Trezor suffers from potential data breach as users report phishing scam

Trezor, a popular crypto hardware wallet, is likely suffering from a security breach as thousands of its users were targeted in a phishing attack.  In a Tweet posted Sunday, the Prague-based company reported that it is investigating a “potential data breach of an opt-in newsletter hosted on MailChimp.” It has also warned users to not

Huobi Global launches grid trading bot on its mobile app

Huobi Global launches grid trading bot on its mobile app

Huobi Global, one of the world’s leading global exchanges, has unveiled a trading bot on its Huobi Global mobile app that will enable investors to capitalize on price volatility in the cryptocurrency market. The trading bot allows users to place buy and sell orders at certain regular intervals above and below the price of a

OpenSea expands payment options with credit card support

OpenSea expands payment options with credit card support

Popular NFT marketplace OpenSea has expanded its payment options to fiat by enabling transactions through credit cards. The company has partnered with payments infrastructure firm MoonPay to enable direct credit card payments. Specifically, OpenSea will leverage MoonPay’s new solution NFT Checkout which allows users to purchase an NFT instantly with a debit or credit card,

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