Investors in the round included Tiger Global, Tusk Ventures, Circle Ventures and Shima Capital.
CoinDesk
India’s Enforcement Directorate Unfreezes Crypto Platform WazirX’s Assets
India’s federal Enforcement Directorate (ED) has now unfrozen crypto exchange WazirX’s assets. Last year, ED undertook an investigation into the crypto platform as it suspected violations of foreign exchange regulations.
Following the investigation, the ED froze assets worth $ 8.16 million, or 646.70 million INR.
This is finally good news for WazirX after ED froze the exchange’s assets last month in relation to an ongoing investigation regarding malpractices related to loan apps and apps that provide short-term loans.
Around 16 fintech companies came under investigation who had used the WazirX platform.
In a blog post, the crypto exchange mentioned,
FIFA To Launch New NFT Platform In Partnership With Algorand
FIFA, the global governing body of soccer, is launching a new NFT collectibles platform with the highly anticipated World Cup just around the corner. The new platform will be launched on Algorand, continuing an existing partnership between the two parties.
Let’s take a look at what we know from initial announcements that have been released this week.
FIFA+ Collect: The Organization’s First Real Foray Into NFTs
There’s a New Platform for Bitcoin-Backed Borrowing and It’s Courting Banks to Lend
LongHash Ventures Rolls Out Web3 Investment Fund Platform Worth $100M
In a new development, LongHash Ventures will launch a $ 100 million investment fund for the decentralized Web3.
With more innovative products, projects, and applications, the crypto space is growing in leaps and bounds. Furthermore, blockchain technology has created more opportunities for extraordinary accomplishments in the industry and other sectors.
Yet more advancements and developments are still ongoing in the crypto space. It announced this plan on Wednesday. LongHash stated that the fundraising targets to generate $ 100 million and would run till the year ends.
English Soccer’s FA Has Launched Plans For New NFT Platform
The English soccer organization FA has today announced plans for building a new non-fungible token (NFT) platform.
English FA To Launch NFTs Based On English Men’s And Women’s National Soccer Teams
As announced on their website, England’s FA has posted a Request for Proposal (RFP) to find a partner for a long-term non-fungible token platform.
The English FA (which stands for “Football Association”) is the main governing body of both amateur and professional soccer in England. It also happens to be the oldest such organization in the world.
Crypto Lending Platform Celsius Discloses A New Recovery Plan
Crypto lending platform Celsius Network had filed for bankruptcy on July 13. A month prior to that the crypto lender had ceased withdrawals along with transfers from accounts. Celsius representatives appeared in court which is in relation to the company’s bankruptcy hearing.
It has now disclosed through a presentation what its next step towards recovery would be. The crypto lending platform has worked to provide a financial oversight in order to procced with restructuring. This document that Celsius has prepared, mentions how it shall form a plan to allow the users to take cash or choose for ‘long crypto’.
The Largest Bank In The Eurozone To Launch Bitcoin, Crypto Custody Platform: Report
BNP Paribas, with over $ 13 trillion under management, will reportedly partner with Metaco to offer custodial services for bitcoin and other digital assets.
- BNP Paribas, a leading private bank in the Eurozone, is reportedly entering the custody space for bitcoin and other cryptocurrencies.
- The bank will partner with Metaco, a Swiss digital asset custody firm who has existing banking partnerships.
- It is unclear whether or not Metaco will serve as custodian or a consultant and what digital assets will be the focus of the bank.
One of the Prominent Crypto News Sites Sponsors Newly Launched Gaming Platform BitSpinCasino
The last decade has seen cryptocurrency become a global force within finance. From everyday people holding crypto as an investment tool, corporations from all over the world investing in them, and their rise in global visibility, crypto has certainly had an impressive story.
One of the ways that the crypto industry has evolved is through the increased use of these digital assets in traditional industries. Take online gambling, a time-honored tradition, that has seen an influx of cryptocurrency being used for gambling around the world.
Why Ripple Invested In This Buy Now Pay Later NFT Platform
Payment company Ripple invested in the non-fungible token (NFT) financing platform Supermojo, according to a press release shared with Bitcoinist. The platform operates under innovative point-of-sale financing aimed at making these digital assets more accessible “for the next wave of users”.
Related Reading | The FED Released A Study Of The Lightning Network. These Are Their Conclusions
Supermojo recently completed a seed round led by major players in the crypto industry, such as BH Digital, DRW Venture Capital, Intersection Growth Partners, and Neuberger Berman. The platform also saw participation from relevant names like Gemini, Arca, Arrington Capital, Circle Ventures, and Ripple.
Samsung Releases ‘Space Tycoon’ On Metaverse Platform Roblox
Samsung, in the official newsroom post announced the launch of Space Tycoon, which is a metaverse based virtual playground targeted towards the Gen Z crowd.
The metaverse based gaming experience has been built on the Roblox world.
In this virtual space, users will be able to create and play games along with that they can also share their experiences using products with alien avatars in space.
The gaming metaverse will showcase a space where other Samsung products can be made by choosing the fundamental components. Users shall also be able to shop in-game items through a built in shop.
Hxro Begins Testing Crypto Derivatives Trading Platform on Solana
Susquehanna-backed Hxro is using dummy tokens as collateral to stress test its derivatives marketplace on Solana mainnet.
CoinDesk
Binance Launches New Platform for VIP and Institutional Investors
The exchange’s release of Binance Institutional aligns with CEO Changpeng Zhao’s commitment to hire and expand during the bear market.
CoinDesk
Crypto Trading Platform Uphold Exits Venezuela, Cites US Sanctions
The company said it made the decision because of the “increasing complexity of complying” with penalties imposed by the U.S.
CoinDesk
Binance Lists Privacy-Oriented Dapp Platform Dusk Network (DUSK)
Binance, the world’s largest crypto exchange, has officially listed Dusk Network (DUSK), a privacy-oriented blockchain protocol that anyone can use to create zero-knowledge dapps, on its main exchange. New Binance listing! Read our in-depth @Binance Research report on @DuskFoundation $ DUSK here:https://t.co/BWguRf9AVG — Binance Research (@BinanceResearch) July 22, 2019 According to the announcement, Binance added the […]
SludgeFeed
A New Platform Called AFOX Will Tokenize Media Buying Contracts
The Advertising Futures and Options Exchange (AFOX) platform will allow for the tokenization of media contracts and the selling of advertisements in the futures and options markets.
CoinDesk
Bitcoin Cash Milestones: Delivered Code, Upgrades and Platform Development
Bitcoin Cash (BCH) platform and protocol development have seen a lot of delivered code and projects over the last two years. The upgrades will help Bitcoin Cash scale to the masses, and many of the added features are protocol developments that are unique to BCH.
Also read: Indian Government Breaks Silence on Crypto Regulation
Crypto Prediction Market and Derivatives Platform Veil Is Closing
Veil launched six months ago with an Auger protocol to make decentralized predictions on real world events.
CoinDesk
BitCar Announces a Platform Update that Will Make Fractionally Owning a Ferrari 599 GTO That Much Easier
BitCar Co-founders Gov van Ek, and John Bulich will be greeting some of the thousands expected at the Goodwood Festival of Speed event later this week and showing how they can fractionally own a stake in a half million-dollar collector edition Ferrari 599 GTO on display. Having recently announced its mainnet launch on May 6th […]
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WAY2BIT Announcing the Soft Launch of the ‘BORA Island’ Digital Content and Wallet Platform
On June 2nd, BORA (CEO Cindy Lee) announced the soft launch of their BORA Island service. BORA Island is a digital content blockchain platform available to everyone, along with wallet functions for managing and trading digital assets. With the soft launch of BORA Island, three games from their official partner UNIT5 – Push Sushi, Find […]
The post WAY2BIT Announcing the Soft Launch of the ‘BORA Island’ Digital Content and Wallet Platform appeared first on CCN Markets
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