Coin Journal

Mogul Productions, the decentralized platform that seeks to promote NFTs and DeFi in the movies and entertainment sector, is going big on the move with a new partnership.  As announced on Friday, the firm has signed a major partnership with Trace Network Labs to help bring the movie experience to the metaverse. Growth in the …

Mogul Productions and Trace Network Labs partner to bring Movies to the Metaverse Read More »

Decentralized exchange platform dYdX has announced plans to build a standalone blockchain, according to details the Ethereum Layer-2 protocol shared on Wednesday. dYdX, one of the largest crypto derivatives platforms in the market today, says it intends to build the new chain based on the Cosmos SDK (software development toolkit).  For transaction processing, the dYdX …

DEX protocol dYdX to build its own blockchain Read More »

Nexo has today announced that it is spearheading talks with Citigroup as it seeks consolidation of the crypto lending space. Citigroup is poised to take the role of a financial advisor. Through this new relationship with Citigroup and the extensive expertise of its investment arm, Nexo Ventures, Nexo has both the liquidity and the market know-how …

Nexo and Citigroup are in talks for strategic opportunities in crypto lending Read More »

eBay and KnownOrigin did not disclose the terms of the acquisition. Global e-commerce platform eBay Inc. (Nasdaq: EBAY) has announced its acquisition of leading NFT marketplace KnownOrigin. According to a press announcement published on Wednesday, eBay’s deal to acquire KnownOrigin was signed and closed as of June 22, 2022. The companies did not disclose the …

eBay expands presence in NFTs market with acquisition of KnownOrigin Read More »

Crypto gambling has picked up significantly around the globe, as more people turn to crypto casinos. As with the rest of the world, the trend is fast catching on in Europe, including in Germany, where a growing number of traders see current government regulations as overly restrictive and unacceptable. Why more players are opting for …

What is the ideal wallet for online gambling? Read More »

Citi, one of the largest custodians in the world with nearly $27 trillion in assets, has announced a strategic partnership with Swiss-based crypto custody firm Metaco as it looks to offer digital asset custody. Citi will tap into Metaco’s crypto custody technology to develop a platform for its clients, the two firms said in a …

Citi picks Swiss firm Metaco for its digital asset custody Read More »

Crypto lending platform BlockFi has secured $250 million in revolving credit from Sam Bankman-Fried’s FTX, the firm said in a press release on Tuesday. The credit allows BlockFi access to further capital at a time the crypto market has seen a prolonged crash, with several firms sinking into liquidity problems. As such, BlockFi will use …

Sam Bankman-Fried commits $250M to BlockFi: read the details here Read More »

Blockchain’s use across the world continues to gather massive traction, with use cases in virtually every aspect of the global society. And decentralized protocol Minima is set to add to that with its selection to the MobilityXlab program. Announced recently, the program will see the blockchain platform take part in an initiative aimed at creating …

Blockchain protocol Minima added to MobilityXlab program to create V2V solutions Read More »

Voyager Digital has secured a loan facility agreement with Alameda Research, in a deal that the brokerage platform says will help it better protect its customer assets amid the current market conditions. $200 million in cash/USDC and 15,000 BTC Voyager announced on Friday that it had sealed “a non-binding term sheet” with trading firm Alameda Research, …

Voyager Digital seals $200M and 15,000 BTC loan deal from Alameda Research Read More »

Immutable, the firm behind Ethereum’s leading NFT scaling solution Immutable X, has announced a $500 million fund aimed at boosting Web3 gaming development, according to details shared on Friday. Immutable will count on experience gained from the development of Gods Unchained and Guild of Guardians to help new developers. New talent is also being added to the …

Immutable unveils $500M fund to support Web3 gaming adoption Read More »