The Senators’ investments in Bitcoin, the Multichain acquired by long.finance, New Ads from FTX, etc. are the highlights of the crypto market in the past 24 hours, as aggregated by cryptonew.
Cryptocurrency Market Highlights: Investment News
US Senator Cynthia Lummis has announced Bitcoin purchases (BTC) valued at $ 50,000-100,000 in a file. She made her last purchase on August 16 through the River Financial brokerage platform.
The gaming platform OP Games has raised $ 8.6 million in start-up funding. OP Games is building a hybrid platform between the NFT and Decentralized Autonomous Organizations (DAOs), working with developers to create games that they can collaborate on with their communities.
Chingari, one of India’s short video sharing platforms with over 78 million downloads, has closed a funding round that saw more than 30 venture funds and investors raise over $ 19 million for GARI tokens. Participants include Galaxy Digital, Alameda Research, Solana Capital and Kraken. With the raised funds, the team will continue to develop the Chingari platform, with short-term roadmap milestones including a live blockchain test, the Chingari integration beta, and an upcoming GARI token sale.
Crypto Market Highlights: DeFi News
Decentralized Finance Protocol (DeFi) yearn.finance (YFI) added support for Fantom Network (FTM) and stated that with the introduction of Iron Bank Fantom and the first Fantom safes it has become multimodal. They added that “more multi-beat fun is coming soon”. Previously, long’s services were only available on Ethereum (ETH).
Cryptocurrency Market Highlights: Stock Market News
Binance said it will stop offering futures, options and margin trading and leveraged tokens to users from South Africa due to the country’s regulations. Users have 90 days to reduce and close their positions on these products.
FTX has revealed that a new commercial will be airing on US national television in which a man with a moon-shaped head provides glimpses like, “Aim for the moon, it says.” Maybe the moon is tired of being a target. ”This ad is the product of their partnership with American Major League Baseball (MLB) promoting the crypto trading app FTX.
Cryptocurrency Market Highlights: Mining News
Powerbridge Technologies Co., a provider of blockchain applications and SaaS solutions, announced that its subsidiary Powercrypto Holdings is launching Bitcoin and Ethereum mining operations in Hong Kong. Powercrypto aims to deploy 2,600 high-performance mining rigs in Hong Kong, including 600 high-performance BTC miners with a hash rate of around 60 PH / s and 2,000 high-performance ETH miners with a hash rate of around 60 PH / s GH / s.
Crypto Market Highlights: CBDCs News
The software company EMTECH and the distributed ledger company Hedera Hashgraph (HBAR) have announced a partnership to develop a CBDC (Central Bank Digital Currency) infrastructure product at the corporate level. , high efficiency and energy saving. ”According to the press release, the joint effort will combine EMTECH’s Ethereum (ETH) -based CBDC core solution and Hedera’s public ledger to create a technology that enables central banks to deploy CBDC solutions.
Cryptocurrency Market Highlights: News on New Products and Services
The Algorand Foundation launched the Algorand Center of Excellence (ACE) program as a university engagement initiative aimed at making a positive and sustainable impact in the blockchain and crypto space, they said. The ACE program will be implemented over the next 10 years with an ALGO budget of 100 million ($ 190 million). Universities and non-profit research institutions can apply for funding to cover the costs of setting up and operating a center for three to five years.
Crypto Market Highlights: NFT’s News
Visionrare Non-fungible Token Investment Fantasy Startup Market (NFTs) has temporarily closed and refunded users who bought stocks, saying it will soon be relaunched as a free game. The company – which allows users to bid on fake NFT stocks from real startups in order to build “portfolios” and compete with others for the most profitable portfolios – knew they had underestimated “the legal complexity” of the idea.
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