Limitless Launches ‘Metaverse as a Service,’ Plans $60M Venture Fund

Next Earth released its own utility token, NXTT, at the end of January, which now has a self-reported market cap of $181 million, according to CoinMarketCap. The token and NFT capital could self-fund the $60 million venture capital fund, said Taylor, who served as Next Earth’s token architect. Next Earth, however, would rather build out […]

Robinhood acquires British crypto firm Ziglu to push expansion plans

Robinhood, a major cryptocurrency-friendly stock trading app, is pushing global expansion by acquiring the United Kingdom-based crypto asset firm Ziglu. Robinhood officially announced Tuesday that it signed a deal to acquire Ziglu, subject to regulatory approvals and other closing conditions. The firm declined to disclose the size of the deal to Cointelegraph. “Subject to regulatory […]

Epic Games raises $2B for Metaverse, Mastercard scales NFT plans and Ripple scores big win against SEC: Hodler’s Digest, April 10-16

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Mastercard files 15 metaverse and NFT related trademarks Multinational payments […]

Montenegro makes Vitalik a citizen, part of plans to promote it as a blockchain hub

The Montenegrin government has begun fulfilling its pledge to become a hub for blockchain innovation by reportedly making Ethereum creator Vitalik Buterin its newest citizen. Montenegrin news outlet RTCB reported that Prime Minister Zdravko Krivokapić recommended Buterin receive the privilege to help the southeastern European nation promote its efforts to become a blockchain innovation hub. […]

Owner of Brazil’s Largest Crypto Exchange Plans to Launch Quantitative Trading Service

2TM, the holding company for Mercado Bitcoin, Brazil’s largest crypto exchange by market valuation, plans to launch a crypto asset manager focused on quantitative trading, the company confirmed to Brazilian financial media outlet InfoMoney on Thursday. Source link

Fortnite creators Epic Games raise $2B from Sony and LEGO to fund metaverse plans

Epic Games, the video game publisher behind the popular PC and console game Fortnite, announced a $2 billion funding round with plans to accelerate the company’s vision to make its mark in the Metaverse. The deal, which is still subject to customary regulatory approvals, would bring Epic’s equity valuation to $31.5 billion. This round includes a […]

Robinhood Releases Crypto Wallet to 2M Users, Plans Integration With Bitcoin Lightning Network

Only a handful of wallet beta testers could move bitcoin (BTC), ether (ETH), dogecoin (DOGE) and a handful of other traded coins in and out of Robinhood’s walled garden before. Now, all waitlisted customers outside of regulatory no-go zones Nevada, New York and Hawaii can do so. Source link

What Elon Musk’s investment could mean for Twitter’s crypto plans

Whenever Elon Musk does something on Twitter, the crypto market moves in response. Publishing a tweet, changing his profile picture or adding “#Bitcoin” on his bio affects the markets — the latter even more so, sending Bitcoin (BTC) price up by 20%. This is why the community lies in anticipation of what Musk‘s Twitter investment […]

Commonwealth Bank’s plans to expand crypto services to 6.5M delayed by red tape

Financial regulators are standing in the way of expanded crypto services on Commonwealth Bank of Australia’s (CBA) mobile app. In an Australian first, the bank aims to grant all of its 6.5 million users access to cryptocurrency services. The CBA’s crypto products started a pilot of the services late last year after which it hoped […]