Category: Blockchain

NFT platform Mintable has received $13 million in Series A financing and will be integrated with Ripple’s XRP Ledger blockchain. Singapore-based Mintable announced on July 1 that it will use the funds to expand its operations, promote its growth and user acquisition, and develop and launch new products. Investors include Ripple, NFT investment fund Metapurse,

The second-largest cryptocurrency Ethereum regained momentum recently after breaking through the psychological price of $2,100. ETH was down by 3.58% in the last 24 hours to hit $2,035 during intraday trading.  Ethereum has been trying to renew its upward momentum following the recent market crash, which saw its price nosedive from an all-time high (ATH) of

Bitcoin (BTC) has experienced headwinds, driving its price to lows of $28K after enjoying a remarkable bull run that saw a record-high of $64.8K hit in mid-April. BTC was hovering around $33,438 during intraday trading, according to CoinMarketCap. BTC suffered a sharp correction on May 19 as the price fell to around $30,000, resulting in

On Thursday, StormX, a leading cryptocurrency cashback provider, announced that it will conduct a jersey patch advertising transaction with Portland Trail Blazers (POR). This is the first cooperation between the National Basketball Association (NBA) and the cryptocurrency company for the NBA team in history. The partnership is also the first collaboration between StormX and Portland Trail Blazers.

Chancellor of the Exchequer for the United Kingdom Rishi Sunak has doubled down on the need to provide the ample environment for the adoption and growth of digital currencies and Central Bank Digital Currencies (CBDCs) in the nation. Per his comments at the 2021 Mansion House speech, delivered on Thursday, 1st July, Sunak said the United Kingdom

Hive Blockchain Technologies Ltd, a Vancouver-based cryptocurrency mining company headquartered in Canada, announced on July 1 Thursday that it has signed a Graphics Processing Unit (GPU) procurement contract worth $66 million with a top-notch GPU inventor Nvidia. The announcement came officially to join the Nvidia Partner Network (NPN) cloud service provider plan. “Joining the planning of NPN

Billionaire entrepreneur Elon Musk revealed his Starlink satellite internet network of SpaceX has been launched, expecting the internet broadband internet to go online globally (except poles regions) within weeks before August. Speaking at a video conference virtually for the Mobile World Congress Tuesday, where the event organized in Barcelona, Tesla CEO and founder of SpaceX Elon

Preventing fraud-related incidents, the British government began to crack down on the encryption industry. National Westminster Bank (NatWest) has tightened restrictions on cryptocurrency-related activities in response to the calling in the country. According to Reuters coverage on Tuesday, June 29, Natwest Bank has restricted its customers from using its financial transaction services to transfer money to cryptocurrency

Single car auto racing outfit Formula 1 has announced its partnership with the Hong Kong-based trading platform, Crypto.com, in which the latter will now serve as its official global partner. Coming off as the first cryptocurrency exchange to complete this feat, Crypto.com will also be the inaugural partner of the new Sprint series for 2021, with the

Argo Blockchain Plc, a London-based publicly listed crypto mining firm, has announced that it has secured a £14 million ($20 million) loan from Galaxy Digital. As unveiled by the firm, the loan will last six months and support the firm in its expansion drives without selling off its current Bitcoin holdings. According to the firm, the