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According to OpenSea, the NFT marketplace they manage has no items belonging to the company. Non-Fungible Token (NFT) marketplace OpenSea has announced it raised the sum of $23 million led by new investors including Andreessen Horowitz (a16z), Naval Ravikant, and Mark Cuban amongst others in a Series A
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The Terraform protocol seeks to outrun the DAI stablecoin in terms of market capitalization in the next few months with help of the Anchor platform.Decentralized financial payment network Terraform Labs has launched a new protocol dubbed Anchor to further open up its stablecoin market. Notably, Anchor will be focused on
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The leading crypto derivatives exchange and trading platform, OKEx has further expanded its DeFi offering by adding few more tokens to its list of supported cryptocurrencies. The latest inclusion to the list is PERP – a native token of the Perpetual Protocol. Perpetual Protocol is a DeFi platform that allows users
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Nonfungible tokens (NFTs) and decentralized finance (DeFi) are two of the hottest concepts in the crypto sector, and each is altering the way projects and companies interact with the public on a wide scale. One project that is looking to apply these concepts into a framework for sports fan engagement is
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Major blockchain sports venture Chiliz is planning a $50 million expansion into the United States, CEO Alexandre Dreyfus announced Tuesday.Dreyfus told Cryptox that the firm is setting up an office in New York and will start working with local leagues and sports franchises.New York is the “headquarters for the sports
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Participation in the digital yuan test will provide MyBank and WeBank with new opportunities.Tencent’s WeBank and Ant Group’s MyBank have reached a deal with Chinese regulators to pilot test the China digital yuan. The two join a list of six state-owned banks already enrolled to test the CBDC.China keeps pushing
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Microsoft and Ernst & Young LLP announced plans to use a blockchain platform to allow Microsoft’s Xbox gaming partners, artists and content creators to track and manage their payments and royalty contracts. Source
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Latin American crypto exchange Bitso has raised a whopping $62 million funding round, the largest in the region for a digital asset firm.Announced Wednesday, Mexico City-based Bitso’s Series B also heralded the first investment in crypto by renowned fintech VC firms QED Investors and Kaszek Ventures, which led the fundraise.
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Abra is expanding its cryptocurrency marketplace to dozens more countries through partnerships with four fiat-to-crypto gateways.The Silicon Valley-based crypto banking services firm is now available in over 150 countries (previously it only served about 40) stemming from deals with Simplex, Moonpay, Banxa and Transak.In an email to CryptoX, Abra CEO
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The Mooniswap decentralized exchange protocol, developed by DEX aggregator 1inch, will be the first Ethereum DeFi protocol to develop on NEAR, a sharded smart contract platform.As part of a collaboration announced on Tuesday, the 1inch team pledged to port its automated market maker protocol to NEAR. Sergej Kunz, CEO of
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