Web 3.0 artificial intelligence (AI)-driven social network OP3N (1) has just announced that it has closed a Series A investment round with a total amount of $28 million at a valuation of $100 million. According to release (2), the newly raised funds will be put toward the continued development of its chat-based product, which will … Read more
Ripple Labs, a firm that specializes in real-time remittances and gross settlements, just made the announcement that they will be partnering with Great Ormond Street Hospital Children’s Charity for the next two years. According to a statement (1) that was delivered by Sendi Young, Ripple’s Managing Director of Europe, the cancer care at Great Ormond … Read more
Coinbase Global Inc, a cryptocurrency exchange, contended on Tuesday, March 21, before the United States Supreme Court that its present conflicts on pushing clients into arbitration must effectively freeze the courts while the issues are being played out. This new legal precedent for digital assets was handed down by the industry’s top court as a … Read more
Non-fungible token (NFT) marketplace Magic Eden is getting ready to introduce (1) a Bitcoin NFT marketplace that has been thoroughly inspected. This comes at a time when Bitcoin-based Ordinals NFTs are becoming a more popular investment option. Traders will be able to purchase inscriptions, which are NFTs that are coined using Bitcoin’s satoshis, via the … Read more
The Turkish virtual money startup Metatime has successfully completed a new investment round in which it raised an amount of $11 million. The company plans to prioritize the development of its protocol. According to a report (1), the investment round consisted of two separate token sale rounds, which saw participation from some of the most … Read more
SpankChain, an Ethereum-based platform for adult entertainment, has decided (1) to shut down its cryptocurrency payment platform, SpankPay. This comes after the platform lost its payment service provider, Wyre, in February and was unable to find a replacement. SpankPay came clean in February about the fact that its previous provider had terminated their agreement to … Read more
The American global financial services company Mastercard Inc has engaged in a strategic agreement with Fintech Stables, an Australian startup, with the goal of accelerating the adoption of stablecoins in the Asia-Pacific area. Users of the Stables platform will be able to make payments for items and services with their USD Coin (USDC) at any … Read more
On Tuesday, March 21, the Supreme Court of the United States is going to hear (1) its very first case ever involving crypto. The attorneys defending the cryptocurrency exchange Coinbase will be asking nine chief justices to hear their request to stop two class action lawsuits that have been filed against the cryptocurrency trading platform. … Read more
Ron DeSantis, the governor of Florida, is proposing a law that would make it illegal to use central bank-issued digital currencies (also known as CBDCs) anywhere within the state. The governor was quoted as saying in a press release that the parliamentary proposal is being considered in order to protect businesses and inhabitants of the … Read more
Immutable, a Web3 gaming company, and Polygon have partnered up to create a new Web3-driven effort that will be known as Immutable zkEVM. This attempt will be driven by the new zkEVM technology that will be developed by Polygon, and its goal is to integrate a greater number of gamers and programmers into the Web3 … Read more