Nyan Heroes Raises $7.5M to Develop Play-to-Earn Game
Nyan Heroes raised $7.5 million to develop its play-to-earn game bringing its valuation to $100 million. Original Source
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Riot Blockchain to Develop 1GW of Bitcoin Mining Capacity in Texas
The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Kadena Launches $100 Million Grant Fund to Develop Web3 Experiences – Bitcoin News
Kadena, a proof-of-work-based cryptocurrency that also has the possibility of supporting smart contracts, has announced a new set of grants directed to incentivize the creation of Web3 experiences. This $100 million grant fund is part of the Kadena Eco initiative, whose objective is to offer builders a complete suite to
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First Mover Asia: Taiwan GameFi Company Gets a Boost in Its Quest to Develop a More Entertaining Game; Altcoins Stand Out
Red Door Digital will use the $5 million seed round from several high-profile venture firms to create games that are technologically superior but also entertaining; bitcoin rose solidly, but altcoins even more. Source
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Struct Finance Completes $3.9 Million Seed Round To Develop DeFi-oriented Structured Products
The world of structured products is set to undergo tremendous changes. Decentralizing these investment vehicles introduces modularity that would otherwise remain inaccessible. Struct Finance has secured $3.9 million in seed funding to usher in the era of decentralized structured products. Takes A Different Approach It is no secret that decentralized finance remains
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Visa Looking to Hire College Students to Develop In-House Crypto Talent
Hirees will build expertise in areas such as DeFi, NFTs, stablecoins and central bank digital currencies, according to the payment giant’s job listing. Source
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Merkle Standard in Venture With Bitmain to Develop Data Centers
The data centers will be able to house over 150,000 mining machines. Source
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Iran aims to develop a central bank digital currency
As payment methods continue to evolve, new innovations are improving financial infrastructures that have been in use for years. Currently, central bank digital currencies (CBDCs) are a topic that has grabbed the attention of many nations worldwide including the Islamic Republic of Iran.The Middle Eastern nation has faced considerable economic
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Intel to Develop Crypto Mining Accelerators, Claims Circuits Will Deliver ‘1000x Better Performance per Watt’ – Mining Bitcoin News
The California-based technology company and the world’s largest semiconductor chip manufacturer by revenue, Intel, has revealed the company will “contribute to the development of blockchain technologies” by offering “energy-efficient accelerators.” Intel executive Raja M. Koduri explained that the company expects its circuit innovations will deliver “1000x better performance per watt”
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Silvergate Capital Purchases Diem Operations to Develop Own Stablecoin – Bitcoin News
Silvergate Capital, an investment firm that is the parent company of the Silvergate Bank, acquired the technology and assets of Diem, the formerly Facebook-backed stablecoin payment system. The payment totaled $182 million. The technology and assets acquired will reportedly be used for the launch of a Silvergate branded stablecoin. Silvergate
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