Bitcoin mining firm Hut 8 is seeking to raise $500 million CAD -- an amount worth roughly $ 395.8 million -- in Canada, according to public documents. A short-form prospectus dated April 7 indicates that the offering will take place on the Toronto Stock Exchange, where the firm's shares already trad...
Coinbase CEO Brian Armstrong is releasing a collection of electronic music non-fungible tokens (NFTs) that he created with DJ DAVI, also known as David Khanjian.  "I listened to a lot of electronic music with no vocals as I was coding up the early versions of Coinbase, and always enjoyed David's mus...
The planned partnership between crypto exchange FTX and the Miami Heat basketball team is official. Announced Wednesday, the deal will see FTX.US become “The Official and Exclusive Cryptocurrency Exchange Partner of the Miami HEAT", per a press statement, beginning with the 2021-22 NBA season. As pa...
American football champion Tom Brady is launching an NFT platform called Autograph. The launch is scheduled for this spring, CNN reported Tuesday. Autograph will bring together some of the biggest brands and names in sports, entertainment, fashion, and pop culture to create NFTs, according to its we...
The question that crossed the mind of millions of students worldwide. Since Bitcoin and other cryptocurrencies became so popular in the last couple of months, people started to think about how much utility they have.  If we want to go full-on crypto, we need to be sure that we can use...
Former BitMEX CEO Arthur Hayes has reportedly surrendered to U.S. authorities in Hawaii. Per a Bloomberg report from April 6, Hayes appeared before a federal judge in Hawaii. Hayes was later released on a $10 million bond, with future court proceedings set to take place in New York. Hayes' surrender...
Crypto perpetual contracts offered by decentralized derivatives exchange dYdX have gone live on StarkWare, the Ethereum layer-2 scaling solution. The full launch means there is no more closed alpha of the scaling solution, which was launched in February with limited deposits.  "With the transition t...
A group of major companies, including Fidelity, Coinbase, and Square, have formed a crypto council to lobby policy makers. The Crypto Council for Innovation has a stated mission of demonstrating the "transformational promise of crypto and communicate its benefits to policymakers, regulators, and peo...
Tether announced Tuesday that it would launch its USDT stablecoin on the Polkadot and Kusama networks. The launch schedule isn't determined yet as the formation of parachains is pending, said Tether. Parachains are individual blockchains that run parallel within the Polkadot ecosystem (Polkadot and ...
The decentralized application by PhoenixDAO for the events industry is bringing true digitalization and decentralization in the sector.  Even with online ticket generation and allocation, entities involved in the event ecosystem face numerous issues including identity management, ineffec...

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