KuCoin Rolls Out $100m Creators Fund to Accelerate Web3 Growth, Empowering Early-Stage NFT Projects
Crypto exchange KuCoin has announced a $100 million “Creators Fund” to enhance the Web3 ecosystem and support early-stage non-fungible token (NFT) projects in sports, arts, GameFi, and celebrities, among others.
Robinhood Announces Planning to Buy British Crypto Platform Ziglu
Nasdaq-listed commission-free stock trading platform, Robinhood has signed an agreement to acquire a UK-based electronic money institution and crypto-assets firm Ziglu.
Gulf Energy Invests in Binance.US as Both Aim to Float a Crypto Exchange
In a letter addressed to the president of the Stock Exchange of Thailand, the country's power generation firm Gulf Energy Development Public Company Limited unveiled its investment in Binance.US through its Hong Kong-based subsidiary, Gulf International Investment Limited.
NFT Trading Volume Surpasses $54B, Exceeds 200% in 2022
The non-fungible token (NFT) market continues to take the world by storm based on the notable adoption and trading volume witnessed.
Hacking Costs Beanstalk Stablecoin Protocol $80M
Beanstalk, a developing Ethereum stablecoin system, has emerged as the latest blockchain business to experience a hacker intrusion, resulting in a catastrophic $80 million loss from the platform.
Dallas Cowboys Signs Deal with Blockchain.com, Becomes 1st NFL Team to Enter Crypto Space
Dubbed as the first crypto deal in the National Football League (NFL), the Dallas Cowboys have chosen cryptocurrency platform Blockchain.com as its “exclusive digital asset partner.”
Cronos Forms Alliance With Chainalysis
Cronos, a blockchain network, announced a cooperation with Chainalysis, a blockchain data platform.
Three Bored Ape Owners Sue OpenSea over Security Loophole of Stolen NFTs
Three Bored Ape Yacht Club (BAYC) Non-Fungible Token (NFT) owners, namely Timmy McKimmy of Texas, Michael Valise of New York, and Robert Armijo of Nevada, are suing legacy NFT trading platform OpenSea for the loss of their NFTs on the exchange.
Former BitMEX CEO Arthur Predicts $30K Price Target for BTC by June
In tandem with his call for a “crypto carnage” that is underway in the second quarter, former BitMEX Chief Executive Officer Arthur Hayes has predicted a price slump of $30,000 for Bitcoin (BTC) and $2,500 for Ethereum (ETH) by the end of June this year.
Bybit Launches Leveraged Token Products
Cryptocurrency exchange Bybit announced last Friday the launch of leveraged token products.
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