Dapper Labs, the company behind the highly successful CryptoKitties and NBA Top Shot, has received $305 million in funding. Investors include Michael Jordan and Kevin Durant, with the entire round being led by investment firm Coatue. The new funding puts the company’s valuation at a staggering $2.6 billion — an incredible feat for a team…
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NFTs on Ethereum use gas to mint them on its proof-of-work blockchain. Immutable X has found a way to offset this drain on resources through scaling. On March 30, BeInCrypto reported that over $1 million was spent in gas fees for the newly launched Polkamon NFT collection. So, there is a clear need to address…
Bitcoin (BTC) Update Bitcoin has been increasing since bouncing from support on March 25. Since then, it’s reached a local high of $59,800 on March 31. Currently, BTC is trading inside the $59,500 resistance area. This is the 0.786 Fib retracement level of the previous drop. Technical indicators have turned bullish. The MACD has given a bullish…
U.S. stock futures ticked down as investors sold down government bonds and richly valued technology stocks that had powered higher in a low-yield environment. Futures tied to the S&P 500 edged 0.3% lower, indicating that the broad market gauge could post a muted drop after the New York opening bell. Dow Jones Industrial Average futures…
Pro Baseball Team Oakland A’s Sells Seating for Bitcoin
Cosmos Adds Interoperability, Sending ATOM Higher
Canadian Loan Broker Mogo Offers Bitcoin Cashback on Home Loans
The Internet of Blockchains Is Now Live on Cosmos
Justin Sun Launching NFT Fund, Minting Beeple on TRON
In another incredible news for the cryptocurrency space, leading payment giant Visa announced its decision to allow the use of the USD Coin (USDC) to pay for transactions on its network. According to the Visa announcement, USDC, the Ethereum stablecoin pegged to the U.S. dollar, will now be accepted as a means of payment on…