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Bitmart’s $150M theft, ‘Metaverse’ trending, Hong Kong mogul builds in The Sandbox – Cointelegraph Magazine

  This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.   Bad news for Evergrande Even after all the regulatory crackdowns, China isn’t letting 2021 slip away without a few more blows to

This Ethereum Chart Is One of the Best in Crypto Right Now, According to Top Analyst – Here’s Why

A popular crypto analyst says one Ethereum (ETH) chart is looking particularly strong right now. In the latest TechnicalRoundUp newsletter, the pseudonymous analyst known as Cred says the Ethereum chart against Bitcoin (ETH/BTC) is “one of the best-looking macro charts in crypto at the moment.” Source: TechnicalRoundUp Ethereum is worth 0.088 BTC, or $4,388.33, at

Ethereum-Based Altcoin Jumps After Surprise Listing on Crypto Exchange Binance

An Ethereum-based governance token is surging after being listed on crypto exchange giant Binance. In a new announcement, Binance says that the native governance token of Biconomy (BICO), a network that offers plug-and-play relayer infrastructure to developers and aims to economically connect users on decentralized applications (DApps) across different blockchains, will now be available for

Gaming Altcoin on Ethereum Surges Despite Crypto Pullback As Whales Dive In

A metaverse token built on Ethereum is defying the crypto market’s recent pullback due to whale activity. According to crypto whale surveillance website WhaleStats, Gala Games (GALA) is now the third-most bought cryptocurrency by whales, behind only Ethereum (ETH) and Tether (USDT) during the last 24 hours. Source: WhaleStats GALA, a blockchain-based gaming protocol that

Microsoft leads startup Palm NFT Studio’s $27M series B round

Crypto startup Palm NFT Studio announced a Series B raise of $27 million on Thursday led by Microsoft’s venture fund M12. Palm NFT, cofounded by ConsenSys founder and Ethereum co-founder Joseph Lubin, provides strategic and technical services for creators to build nonfungible token (NFT) marketplaces.  Other major backers include Griffin Gaming Partners, RRE, Third Kind Venture

Ross Ulbricht’s debut NFT sold for $6.2M at auction

After announcing the launch of his “Genesis Collection” nonfungible token (NFT) auction, Ross Ulbricht, the alleged founder of dark web marketplace Silk Road, has sold his first NFT for $6.2 million or 1,446 Ether (ETH) at auction. The auction kicked off at Art Basel Miami via the SuperRare platform. FreeRossDAO, the decentralized autonomous organization set