Hong Kong-based blockchain gaming company Animoca Brands and global venture accelerator Brinc have launched Launchpad Luna, a new accelerator program to identify, mentor, and invest in promising blockchain and non-fungible tokens (NFT) startups, according to a company statement. Fast facts Projects accepted into the accelerator program will receive training, end-to-end support and funding of up…
Tesla CEO Elon Musk said while Bitcoin mining is steadily becoming more environmentally friendly through the use of renewable energy, he is not yet sure that it’s enough for Tesla to resume accepting the cryptocurrency as payment for purchases. Fast facts Speaking at the virtual Bitcoin event “The ₿ Word” with fellow panelists Twitter CEO…
The prospect of a ban on cryptocurrencies has haunted the industry for years, but it appears to be receding as delayed rules give policymakers time to think before they act.
In a special Q&A, Mukaya ‘Tai’ Panich of SCB 10X, the venture arm of Siam Commercial Bank, marvels at decentralized finance innovations. ‘Whatever traditional finance has, there’s a parallel version in DeFi.’
Top blockchain and crypto news: FTX swells to $18 billion valuation. Etherum and Dogecoin disowned by creators. US pols call for Olympics boycott of e-yuan.
Bifrost, a staking liquidity decentralized finance project on Polkadot and Kusama has won the fifth Kusama parachain slot auction, with more than 5,000 contributors staking 136,817 Kusama (KSM). Fast facts Bifrost is a DeFi protocol designed to connect Polkadot and different proof-of-stake blockchains and provide staking derivatives. Bifrost’s win marks end of the current round…
Optimum Mining Host-Black Rock Petroleum plan comes as Canaan seeks greener operations through Czech partnership.
The European Commission intends to tighten anti-money laundering and counter-financing of terrorism rules by banning anonymous crypto asset wallets as it seeks to align European Union law with Financial Action Task Force standards, according to legislative proposals presented yesterday. Fast facts A key change is a proposed amendment to the 2015 EU regulation on transfers…
Fee-free trading app Robinhood is seeking a market valuation of US$35 billion in its upcoming initial public offering, according to a filing to the U.S. Securities and Exchange Commission. Although the amount is significant, it is lower than the US$40 billion initially estimated, due in part to slow crypto trading in recent months. Fast facts…
Mastercard has announced a pilot program in partnership with Circle’s USDC stablecoin and others to enable cardholders to pay merchants using cryptocurrency anywhere Mastercard is accepted, according to a company press release. Fast facts USDC will act as an intermediary between fiat and other cryptocurrencies in the new system, allowing all merchants to offer card…