Dapper Labs, the NFT development platform behind NBA TopShot, is reportedly raising even more money — at a valuation of $7.5 billion. The post New funding round will value NFT startup Dapper Labs at more than $7.5 billion: report appeared first on The Block.
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Unless you have been living under a rock, you will have heard about Ethereum. It is a blockchain that has given Bitcoin a run for its money over the years. A decentralized protocol, meaning no interference from Governments, intermediaries or even the tax man, it allows developers…
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Research And Market have added to their offerings the report detailing the global blockchain technology market for the period of 2021 to 2027. The projections shared by the report state that the global blockchain market is expected to reach $ 30.7 billion by the year 2027, trailing…
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An “investment platform” cryptocurrency scam has been revealed today, aimed at separating South African investors from their money through a network of sockpuppet accounts that take on the personas of successful cryptocurrency and forex traders. Reported in a Medium post, and aimed at exposing the fraudulent accounts,…
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The Ethereum network has immensely pushed the boundaries of blockchain technology more than Bitcoin ever had, especially in the decentralized finance (DeFi) sector, where hundreds of different projects have been able to leverage the flexibility and effectiveness of the host blockchain. Unfortunately, the slow transaction speeds and…
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Decentralized finance (DeFi) projects have seen an enormous boost in recent years. While there has been an increase in its total value locked, especially in protocols that support yield farming, liquidity mining, and leveraged trading, there is still a need to design these platforms in a way…
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The American fast-food chain Chipotle has announced they are giving away $100,000 in Bitcoin as well as the same amount in free food this Thursday.  This move from the mega chain comes as part of its marketing strategy on National Burrito Day, a day to celebrate everyone’s…
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Chinese blockchain journalist Colin Wu (@WuBlockchain) tweeted a piece of alarming news. User information from Chinese cryptocurrency exchanges was leaked, leading to the first large-scale cryptocurrency theft case in the Jiangxi Province. His tweet said China had arrested six suspects who used hacking software to steal user…
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The pandemic has forced the world to be online. While the ever-evolving internet has been making its way into every crevice of our lives for some time, nobody could have predicted a worldwide disease that forced the digital space upon us. Experts have claimed that the work…
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Singapore-based derivative exchange Bityard has announced its forex trading service that will allow its users to invest in multiple asset types. Bityard is a relatively new crypto derivatives exchange that was founded in November 2019 and launched in 2020. Initially created as a digital currency contract trading…
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