As visions of a popularized metaverse race towards reality, venture capital firms are backing companies that offer lending and leasing services for digitally owned assets.The latest company looking to enter this futuristic market is Pawnfi, an alternative asset-lender that just raised $3 million in a funding round led by Digital Currency Group and joined by non-fungible token … [Read more...] about VCs Back ‘Pawn Shop of the Metaverse’ With $3M Raise
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Chinese crypto mining firm Canaan sets up shop in Kazakhstan amid crackdown
Major Chinese cryptocurrency miner provider Canaan has posted an update on its crypto mining business in Kazakhstan amid an ongoing crackdown on Bitcoin (BTC) mining in China.Canaan announced Monday that the company has rolled out its own crypto mining business in Kazakhstan using its latest Avalon Miner units.The firm’s move to Kazakhstan comes as part of the company’s broader … [Read more...] about Chinese crypto mining firm Canaan sets up shop in Kazakhstan amid crackdown
When Lambo? Milwaukee shop wants to detail your supercar for Bitcoin
A car service shop in Milwaukee, in the US state of Wisconsin, is now accepting Bitcoin and other cryptocurrencies, local network TMJ4 reported today. Bitcoin for detailsCalled ‘Detail Doctor’s,’ the shop launched the crypto services just yesterday and is already enjoying a favorable response.The shop is using Coinbase’s merchant services to accept payments and shall take … [Read more...] about When Lambo? Milwaukee shop wants to detail your supercar for Bitcoin
As Microsoft Azure closes shop, ConsenSys Quorum opens up to new users
Just as the cryptocurrency sector is constantly changing and evolving, the enterprise blockchain industry has been undergoing its fair share of developments lately. Most recently, enterprise blockchain solutions are shifting from private, closed networks to public, open systems. This has largely been made possible due to advances from the Ethereum network, which are ensuring … [Read more...] about As Microsoft Azure closes shop, ConsenSys Quorum opens up to new users
Cryptocurrency exchange Bybit shuts up shop in UK in compliance with FCA ban
Singapore-based cryptocurrency derivatives exchange Bybit announced on Friday that it would be suspending services for its customers n the United Kingdom. Bybit offers a range of high-end trading products for cryptocurrencies such as Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Litecoin (LTC) and more.The move follows a blanket ban on all retail cryptocurrency derivatives … [Read more...] about Cryptocurrency exchange Bybit shuts up shop in UK in compliance with FCA ban