Funding

Flowcarbon Raises $70 Million to Tokenize Carbon Credits and Create an On-Chain Marketplace

An innovative climate technology company that is building an infrastructure for the voluntary carbon market (VCM) Flowcarbon, announced today that it has secured $70 million in venture capital funding and sell off its carbon-backed token. A number of investors participated in the round, including, Invesco Private CapitalGeneral Catalyst, RSE Ventures166 2nd, Sam Samsung Next, Ashley Levinson, Kevin Turen, and Allegory …

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Shocking: Bitcoin's worst quarterly close in 11 years

Price Drops for Bitcoin, Ethereum, Dogecoin, and Other Cryptos Today

Since the collapse of the TerraUSD algorithmic stablecoin, which prompted a sell-off in cryptocurrencies, the bitcoin price has been hovering around. The world’s largest and most popular cryptocurrency fell over 2% to $29,396. #Crypto#BTC– 29359$ 24H CHANGE-> -3.6%#ETH– 1986$ 24H CHANGE-> -3.5%#BNB– 328$ 24H CHANGE-> 0.6%#LTC– 70$ 24H CHANGE-> -4.1%#DOGE– 0.084$ 24H CHANGE-> -3.2%#SHIB– 0.000012$ 24H CHANGE-> -3.5% Automated tweet. …

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Changpeng Zhao Shared the Accomplishments of Binance

Changpeng Zhao Shared the Accomplishments of Binance

The CEO of Binance, Changpeng Zhao, recently tweeted the accomplishments of Binance in the last 4 days. He said that on May 5, 2022, Binance got its registration in France, and also on May 5th, 2022, Binance became a co-investor in Twitter with Elon Musk.  Then, on May 8th, 2022, Binance became the official global sponsor of Argentina’s national football …

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Avalanche is Taking Over GameFi: Bold Point is Going Public on TraderJoe 

Avalanche is Taking Over GameFi: Bold Point is Going Public on TraderJoe 

The GameFi industry, in the last couple of years, has experienced staggering growth, partly due to the proliferation of NFTs and the influx of P2E games. Over the previous fifteen months, the number of active blockchains game players has doubled from 28,000 to 1.3 million gamers.  Designed to increase the adoption of GameFi globally, Bold Point, an NFT-based RPG game …

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Ukraine Raises $600,000 Using NFTs

Ukraine Raises $600,000 Using NFTs

To reconstruct museums, theatres, and other cultural institutions devastated by Russia’s invasion in February, the Ukrainian government sold nonfungible tokens to generate more than $600,000. The Ukrainian MetaHistory NFT-Museum raised 190 Ether cryptocurrency tokens on its first day of sales by selling 1,282 items of art, the museum stated in an email. Using images of wreckage, damage, Ukrainian troops, blazing …

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Inverse Finance, a lending platform based on Ethereum, got hacked

Ola Finance’s DeFi Lending Protocol Gets Exploited for $3.6 Million

An open-source, decentralised financial system called Ola Finance has been the victim of a re-entry assault that resulted in the loss of $3.6 million in cryptocurrency. As Ola Finance summarised the attack and revealed that the stolen protocol value was around $4.67M in ETH, BTC, and FUSE pricing. There were 216,964 USDC, 507,216 BUSD, 200,000 fUSD, 550.45 WETH, 26.25 WBTC, …

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FCA has Extended the Deadline for Crypto Firms to Register in UK

FCA has Extended the Deadline for Crypto Firms to Register in UK

There has been an extension of the March 31st deadline for the Financial Conduct Authority’s (FCA) registration deadline for chosen crypto companies. The deadline will be extended until April 1st, but only for a small number of crypto businesses that have yet to get full registration status, according to the regulatory authorities. The role of the FCA in this scenario …

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Tesla has allowed customers to buy merchandise through Dogecoin, and Twitter has gone into a frenzy

The Blockchain Underlying NFT Game Axie Infinity Got Hacked for $625 million

One of the most popular blockchain video games, Axie Infinity, was targeted by hackers who stole over $600 million worth of cryptocurrency. Coins were transferred between the game and the blockchains using a network called the Ronin network. An Axie Infinity breach was verified in a blog post by Sky Mavis, the same business that owns Axie Infinity, six days …

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LG Electronics to Expand Into Blockchain And Crypto

LG Electronics to Expand Into Blockchain And Crypto

LG Electronics, the South Korean IT behemoth, has formally included cryptocurrency and blockchain technologies as new business sectors inside its corporate structure. According to a local news source, LG has established two unique crypto-related goals during the latest annual general meeting on Thursday. Expanding Through Crypto And Blockchain It was claimed by a local South Korean news outlet on March …

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WOWswap celebrates the first anniversary of its public token sale amidst massive developments

WOWswap celebrates the first anniversary of its public token sale amidst massive developments

WOWswap, a decentralized leveraged trading platform is celebrating the first anniversary of its $WOW public token sale on February 25, 2021, bringing an end to one of the most successful budding years for a cryptocurrency project.  WOWswap, a decentralized exchange that offers traders up to 5X leverage is celebrating the first anniversary of its public token sale that set records …

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