A play-to-earn (P2E) blockchain gaming guild has raised $18 million in a Series A financing round according to an announcement on Wednesday. Avocado Guild detailed that the firm raised the funds from investors such as Animoca Brands, Goldentree Asset Management, Three Arrows Capital, and Solana Ventures. P2E Organization Avocado Guild Raises $18 Million From Strategic…
Ethereum Has Burned More Than a Million ETH Over the Last 3 Months
111 days ago, the Ethereum network implemented the London hard fork upgrade which added a mechanism (EIP-1559) that changed Ethereum’s fee rate to a new scheme that makes the crypto asset ether deflationary. Since then 1 million ether has been burned or the equivalent of around $3.8 billion worth of ethereum using today’s exchange rates.…
India Lists Cryptocurrency Bill to Be Taken up Parliament — Crypto Legislation Expected Before Year-End
The government of India has listed a cryptocurrency bill to be taken up in the upcoming session of parliament that starts next week. The bill seeks to prohibit cryptocurrencies with some exceptions. It will also create a facilitative framework for a digital rupee to be issued by the Reserve Bank of India (RBI). Indian Government…
Crypto Businessman Disappears as ‘First Greek Cryptocurrency’ Collapses
The man who was at the helm of the company behind what’s become known as Greece’s first cryptocurrency has allegedly caused the coin’s price to sink as he disappeared this month. The executive was off the radar for about two weeks before finally telling the press he will soon return, rejecting accusations he has crashed…
Major League Soccer Star Kieran Gibbs Reveals Plans to Convert 50% of His Salary Into Bitcoin
The Inter-Miami CF (IMCF) Major League Soccer (MLS) star Kieran Gibbs has announced the player plans to convert half of his salary into bitcoin. Gibbs will leverage the crypto finance firm XBTO in order to convert his salary and avoid heavy fees. Inter-Miami CF’s Left-Back Kieran Gibbs to Get Half of His Earnings Converted to…
Fold Launches AR Game With Bitcoin Rewards, Firm Partners With Niantic to Forge a BTC Metaverse
Best known for creating the augmented reality (AR) mobile games Ingress and Pokémon Go, the software company Niantic revealed it has partnered with the bitcoin rewards company Fold. The two companies unveiled a new AR game that allows people to earn bitcoin in the metaverse. Bitcoin Rewards Firm Launches Fold AR The bitcoin rewards application…