Blockchain

Initially, the founders had earlier experimented with some NFT sneakers design on Ethereum blockchain, however, the low transaction fees coupled with the speed of minting new tokens drew them to the Solana blockchain.NFT platform Sole Selector has given users the privilege to design and mint their own sneaker NFTs on the Solana blockchain. Lovers of sneakers and enthusiasts of the burgeoning non-fungible token (NFT) sectoralike may soon find themselves with a new obsession in CryptoKickers’...

The records of the Axie Infinity ecosystem transcends its DAUs. The massive growth of the platform is also reflective in the accumulated revenue.Axie Infinity, a blockchain-based platform promoting a play-n-earn gaming model has hit a number of records, signaling a boosted embrace of on-chain gaming. Initially built atop the Ethereum blockchain, Axie Infinity has since migrated to its own Ronin blockchain, built to duly support the varied activities that are taking place in the...

[PRESS RELEASE – Please Read Disclaimer] Edinburgh, Scotland, July 7, 2021 — Global cryptocurrency exchange Paybis introduces several new payment options for its international customers. Paybis users will now be able to purchase cryptocurrencies using the United Kingdom’s Faster Payments system and the European Union’s Single European Payment Area for instant GBP and EUR deposits respectively. The exchange has also launched local bank payments in the United States as well as...

The Knesset, Israel’s unicameral legislative body, could become the world’s first government entity to employ blockchain technology, and more specifically – NFTs. The incoming President Isaac Herzog will reportedly receive an NFT of the original oath signed by his late father – the nation’s sixth President. Born in 1960, Isaac Herzog is the President-elect of Israel who could go down in history as the first head of a country to receive a non-fungible token on his inauguration...

A Maltese man is currently facing several charges alleging that he had fraudulently taken about $700,000 worth of crypto from his drinking companion. According to a Tuesday report by a local media outlet, several police officers testified against the suspect during the hearing of the case which took place before magistrate Donatella Frendo Dimech. He faces the following charges: money laundering, misappropriation, theft of cryptocurrency, violently resisting arrest, being in...

Marshall Wace was involved in Circle’s $440 million fundraising round, which ended in May, and has recently been hiring staff to build a team to work with the cryptocurrency sector, according to the article. Marshall Wace, the London-based hedge fund, plans to start investing in crypto assets according to the Financial Times. The institutional interest in cryptocurrencies continues to surge as Marshall Wace becomes the latest multi-billion dollar firm to test the crypto waters. The hedge...

Despite the most recent downturn in the entire cryptocurrency market, a London-based asset manager is reportedly considering investing in digital assets. According to a report from the Financial Times from today, Marshall Wace, a London-based asset management company with over $55 billion in AUM, considers a foray into the cryptocurrency market. Citing people familiar with the matter, the firm is planning to invest in various fields of the industry, including blockchain...

Peter Wall, CEO of Argo Blockchain, emphasized the major developments in the crypto market since June, calling attention to the undeniable depletion in the total global hash rate.The only cryptocurrency mining company listed on London Stock Exchange Argo is eyeing a second prospective listing on Nasdaq Exchange. The publicly traded blockchain technology committed to large-scale crypto mining declared the probability of a secondary listing on the Nasdaq. This news comes as part of its...

European digital asset manager, CoinShares International Limited, has recently announced that it will be acquiring Elwood Technologies’ Exchange-traded Fund (ETF) index business for $17 million. In an official blog post, CoinShares revealed that the deal will be finalized in the second week of July and will settle via an equity swap, through the issuance of 1,298,322 new ordinary shares for $13.09 per share. $1 Billion in AUM Elwood Technologies is owned by Alan Howard, the...

CoinShares has been quite active in scaling their operations and has reported having raised £17.5 M in Q1 asset management.CoinShares, which is Europe’s biggest digital asset investment firm, is all prepared to purchase the ETF index business of Elwood Technologies. CoinShares will be making this purchase at a market price of $17 million. Elwood Tech through this platform had partnered with Invesco and had facilitated a launch of Invesco Elwood Global Blockchain Equity (the Invesco Blockchain...