Play-to-Earn Gaming Guild Raises $18 Million in Funding Round Led by Animoca Brands

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 Investors According to an announcement from Avocado Guild on Wednesday, the organization raised $18 million from strategic investors. The capital raise stemmed from the firm’s Series A funding round which gave Avocado Guild an overall…

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Bitcoin Has Processed More Value Than PayPal This Year

The peer-to-peer network processed 62% more value in dollars than PayPal, a report showed. Bitcoin has processed more dollar volume than PayPal so far this year. The peer-to-peer network transacted around $489 billion per quarter on average in 2021, while PayPal amounted to $302 billion. But Mastercard and Visa still process more money than Bitcoin. The Bitcoin network processed 62% more value in dollars than PayPal this year, according to a report by Blockdata. The firm also analyzed the volume transacted in the Mastercard and Visa networks. Although Bitcoin currently…

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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. Over a Million Ether or $3.8 Billion Burned to Date The second-largest crypto asset in terms of market capitalization, ethereum (ETH) has an overall valuation today just above $500 billion. Ethereum’s market capitalization represents 18.8%…

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OneRepublic Becomes First Major US Artist To Be Paid In Bitcoin For Show

Bitcoin payments app Strike enabled the band’s pioneering move, and its lead vocalist plans to do it again next month. OneRepublic became the first major U.S. band to be paid in bitcoin for a live gig. It was “the next logical step,” the group’s lead vocalist said. The band accepted BTC in full payment for an acoustic show in a historic theater outside Vienna. OneRepublic has become the first major-label U.S. act to get paid fully in bitcoin for a show, Variety reported. The band received BTC for an acoustic…

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Is This Bull Run Bitcoin’s Final Cycle?

Why this bitcoin price bull run could be the market cycle that takes us from gradually to suddenly reaching hyperbitcoinization. Part three in the “Bitcoin: The Big Bang To End All Cycles” series. Today, we will observe Bitcoin through the lens of an emergent technology being adopted by a world that’s rapidly transitioning from the Industrial Age into the Information Age. In our modern environment, each successive technological innovation is being adopted at an ever-increasing rate. Frankly, no one knows how the transition to a Bitcoin standard will look, myself…

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El Salvador Children’s Hospital Receives Over 1 BTC Donation From US Nonprofit

The Liberland Aid Foundation donated over an entire bitcoin to the Benjamin Bloom National Children’s Hospital. A major children’s hospital in El Salvador has received more than one bitcoin as a donation from a U.S.-based nonprofit. The Benjamin Bloom National Childrens’ Hospital provides essential care for children in need of intensive treatment in the Central American country. The donor, Liberland Aid Foundation, was founded by supporters of the Free Republic of Liberland. The Benjamin Bloom National Childrens’ Hospital in El Salvador has received over 1 BTC donation from the Liberland…

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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 Pushes for Crypto Legislation Before Year-End The Indian government has listed a cryptocurrency bill to be taken up in the winter session of Lok Sabha, the lower house of India’s parliament, according to the legislative…

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Bitcoin Black Friday, Best Bitcoin Deals Return November 26

The best deals in Bitcoin return with Bitcoin Black Friday on November 26, 2021. This is a promoted article provided by Bitcoin Black Friday. Bitcoin Black Friday, the annual opportunity to get the best deals on Bitcoin-related items or a variety of other gifts in exchange for bitcoin, will return at BitcoinBlackFriday.com on November 26 and run through December 26, 2021. Launched in 2012 as a way to piggyback on mainstream retail’s Black Friday celebration while promoting a Bitcoin circular economy, Bitcoin Black Friday has traditionally been a chance to…

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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 the market of the crypto. Hellenic Coin Plummets Amid Crypto Investors’ Worries About Whereabouts of Coin’s Creator Vangelis Tsapas, someone with various business interests and a sponsor of a basketball team in Greece, upset investors…

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WAX Builds the Largest Cross-Blockchain Ecosystem for NFTS, Gaming, and GameFi With Binance

“Blockchain Brawlers” NFT Collection Launches Later this Month WAX, (Worldwide Asset eXchange), co-founder William Quigley has a vision for the future. One in which an NFT bridge – built by the company – would enable blockchain and NFT marketplaces to thrive despite their different chain types. Quigley’s vision took a giant leap forward recently has the company announced the launch of its GameFi project, ‘Blockchain Brawlers’, that enables users to transfer NFTs used in the game interchangeably between Binance Smart Chain and WAX blockchain through the NFT bridge developed by…

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