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Polygon Commits Carbon Neutrality and Lays Emphasis on Carbon Positivity

Sensing the growing environmental concerns within the crypto and blockchain niche, the Polygon Network has committed to going carbon neutral in 2022 by emphasizing climate positivity. Thriving as a trusted software portal for developers using the Ethereum ecosystem, Polygon revealed its future plans by releasing its “Green Manifesto: A Smart Contract with Planet Earth.” To…

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Genesis Pools $150 Million In Funding Round led By Silver Lake Equity Firm

Sailing in the same boat as its competitors, private equity and tech investment firm Silver Lake has led the funding round for the popular NFT platform Genesis with an aim to explore the Web3 space. The funding round helped Genesis to pool a whopping amount of $150 million for its ecosystem from the industry. With…

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Uniswap establishes a venture capital arm to invest in Web3

Globally-acclaimed decentralized exchange platform Uniswap has taken another major step towards its goal by launching Uniswap Labs Ventures (ULV) for its global community. With this project, Uniswap has laid the foundation of a venture capital fund that will focus all its efforts on Web3 firms and related projects. The highly-anticipated launch of the venture capital…

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Coinbase Releases List of Potential Tokens to Be Included On Exchange

Hailing as a top-tier crypto exchange from the US, Coinbase has released a list of digital tokens that it is considering for inclusion in the second quarter of 2022 in its diverse ecosystem. With this move, the prestigious trading platform plans to strengthen its cluster, ensuring high-end transparency for users involved in trading. The list…

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Animoca Acquires Eden Games to Expand its Gaming Ecosystem

Popular venture capital and software provider of blockchain gaming products, Animoca has acquired Eden Games, a reputed racing game studio from Engine Gaming and Media group. With this investment, Animoca is looking forward to expanding its cluster and diversifying its gaming portfolio with top-ranked racing games by Eden such as Test Drive, Gear.Club, etc. Hailing…

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Binance Granted Provisional Clearance to Run in Abu Dhabi

If compared in terms of trading volumes, Binance enjoys its position as the world’s largest crypto exchange. After seeking approval in Dubai and Bahrain, Binance is successful in getting in-principle approval to operate in Abu Dhabi. Binance has been granted provisional clearance to serve as a broker-dealer in digital assets, including cryptocurrencies, by the Abu…

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Paychecks can Now be Invested in Bitcoin by Cash App Customers

In the event of the Bitcoin 2022 conference in Miami on Thursday (07-04-2022), Cash App introduced additional functionality for US subscribers. The revelation is very much about allowing the subscribers to invest a proportion of their direct deposit revenues in Bitcoin automatically (BTC). The panel included athletes Serena Williams, Odell Beckham Jr., and Aaron Rodgers…

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Robinhood Offers Wallet Access to 2M Waitlisted Investors

As crypto continues to widen its base across the globe, cryptocurrency firms are doing everything possible to attract new investors, opportunities, and growth within the industry. Joining this list is the popular crypto and stock trading platform Robinhood which is gearing up to launch its digital wallet facility to 2 million waitlisted investors. On Thursday,…

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Terra Purchases $200M Worth AVAX; NEAR Protocol Set to Launch Stablecoin

Thriving as the workforce behind the Terra blockchain ecosystem, the Luna Foundation Guard (LFG) and Terraform Labs (TFL) have jointly acquired $200M worth of AVAX tokens from the Avalanche Foundation. The LFG purchased $100 million worth of Avalanche’s native currency AVAX via its UST stablecoin in an OTC transaction with the firm. On the other…

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Shopify Teams up with Strike to Offer BTC Payment Services for Merchants

Popular payment facilitator hailing from Chicago, Strike has locked a strategic pact with globally-acclaimed e-commerce firm Shopify. With this collaboration, Shopify is looking forward to expanding its operational capacities using Bitcoin as a potential payment asset for its users. The partnership will allow Shopify merchants to accept payments in BTC from buyers through the Bitcoin…