NFT PLATFORM SOUNDMINT RAISES $1.7M LED BY THE SANDBOX PARENT ANIMOCA BRANDS
SoundMint, described as a “generative platform for music NFTs”, has raised $1.7 million seed round funding. The round was led by Animoca Brands, the parent of The Sandbox gaming metaverse. The round also saw participation by Castle Island Ventures, Focus Labs, Sfermion, Sky Vision,
NFTs have expanded the market for art and artists: India Art Fair’s Jaya Asokan
After two years, India Art Fair – the leading platform to discover modern and contemporary art from India and South Asia -- has returned to a physical format. The upcoming edition, taking place from April 28-May 1, 2022, will have
Chris Brown Launches “The Auracles” NFT Collection 
Chris Brown is launching a brand new NFT collection that aims to empower Black creatives in the NFT space. Breezy extends his place in the metaverse with a new streetwear collection in collaboration with John Dean, founder of L.A.-based label Renowned.
How NFT Finance Accelerates NFT Mass Adoption
There is so much hype around Art and Collectibles (A&C) in the NFT space that you would be forgiven for thinking NFTs begin and end there. Certainly, the vast majority - although not all - of NFT projects to date have been
Nike’s NFT Sneakers for the Metaverse Are Selling for $8K
Nike bought virtual sneaker designer RTFKT in December. Now over $10 million has been spent on its Dunk Genesis Cryptokicks. Whether you believe in the metaverse or not, a few companies are betting it's the future. Nike is one of them. Last December
Coinbase NFT Partner 0x Labs Raises $70 Million
San Francisco-based decentralized exchange infrastructure provider 0x Labs has closed a $70 million Series B financing round led by Greylock Partners at an undisclosed valuation. Revealed exclusively to Forbes, the round also included investors such as Pantera, Jump Capital, OpenSea,
AkuDreams NFT Team Announces Rewritten Code After Flaw in First Code Locked USD 34M
The team behind AkuDreams, a much-anticipated non-fungible token (NFT) project that went live on Friday, has announced a rewritten mint code after flaws in the first smart contract code had resulted in a reported USD 34m locked “forever.” In an update on
Regulatory Clarity, More Transactional Use Could Boost Stablecoin Adoption – Crypto Summit Panel
The USD 80bn-heavy stablecoin industry requires more regulatory clarity and harmonization across jurisdictions, but the coins' increased use for transactions is the ultimate factor that will boost adoption across the world, according to the participants of a discussion held at the Crypto
Fidelity Pension Plan Will Allow Employees to Invest in Bitcoin
Fidelity Investments, the United States’ biggest provider of 401(k) pension plans, will let participants choose to keep money in bitcoin (BTC), but only if their employers let them. 401(k) plans are employer-sponsored defined-contribution pension accounts, and Fidelity, per 2020 figures compiled by
Bitcoin Mining Efficiency Up 63% in Year, ‘Sustainable Electricity Mix’ Jumped 59%
Bitcoin (BTC) mining is becoming more efficient while firms are increasingly using green energy for their mining operations, according to a recent survey by the Bitcoin Mining Council (BMC), a voluntary global forum of Bitcoin mining companies. The survey, dubbed the 'Q1 2022 Bitcoin