One NFT per human in existence and the Pixelmon controversy

Dutch artist Dadara and digital rights management platform RAIRtech have developed a collection of 7.9 billion identical nonfungible tokens (NFTs). The collection, named CryptoGreymen, is on the Polygon (MATIC) Ethereum scaling network. Although each NFT is identical, they will be assigned a serial number of up to 7.9 billion to reflect the number of humans currently estimated to be living on the Earth. The collection is designed to be a social experiment that Dadara hopes “can rattle the cage of consensual reality and elevate conversation.” He said in an official…

Cambridge University launches crypto research project with IMF and BIS

The University of Cambridge is collaborating with some of the world’s top banking institutions and private companies to introduce a new project targeting cryptocurrency research. The Cambridge Center for Alternative Finance, or CCAF, has launched a research initiative aiming to bring more insights on the rapidly growing digital asset industry, the CCAF announced to Cointelegraph on Monday. Dubbed the Cambridge Digital Assets Programme, or CDAP, the project is a public-private collaboration with 16 companies including public institutions like the Bank for International Settlements Innovation Hub and the International Monetary Fund.…

South African exchange raises $50M in Africa’s largest funding round

South African crypto exchange VALR has raised $50 million in a Series B equity funding round, marking the largest-ever funding for an African crypto exchange. With this latest round of funding, VALR’s valuation has increased to $240 million, a 10X in growth since it raised its $3.4 million in a Series A round in July 2020. This round was led by VC Pantera Capital, Alameda Research, Coinbase Ventures, and several others. VALR claims to have processed over $7.5 billion in trading volume since 2019 from over 250,000 retail customers and…

Layer 2 address activity slows, but Arbitrum bucks the trend

On-chain activity for the leading Layer 2 networks has been declining recently, however, the Arbitrum platform is bucking the trend according to recent findings. Blockchain analytics firm Nansen has reported that seven-day activity in terms of addresses for many of the leading networks has been in decline. Only the Ethereum L2 scaling network Arbitrum has shown gains for this metric. According to its Feb. 28 tweet, Arbitrum activity has increased by 12.7% over the past week. It reported that the network has had 46,200 unique active addresses over the past…

Benchmark’s Sarah Tavel on the “bifurcation” coming to the world of web3 – TechCrunch

One of just five general partners at the storied early-stage venture firm Benchmark, Sarah Tavel may be leaning the most into crypto, but that hardly means she’s actively writing related checks. On the contrary, Tavel has led one of the only crypto-related bets that Benchmark has made in recent years, making an early investment in the blockchain analysis outfit Chainalysis after it helped crack the famous Mt. Gox case. The only other web3-type investment that Benchmark has announced in recent years is Sorare, a Paris-based outfit whose fantasy soccer game…

iCandy Interactive cements position within the future of gaming: Metaverse and Web3.0

iCandy Interactive anticipates “major revenue contributions” in 2022 from recent acquisitions Lemon Sky Studios and Storms. iCandy Interactive (ASX: ICI) used the 12 months to December 2021 (FY2021) to cement its position in the gaming metaverse and Web3.0 spaces via numerous acquisitions, which it says is “the future of gaming”. The company stated it had focused “significant resources” during the period towards gaining a foothold in new growth areas including the metaverse and Web3.0. As a result, for FY2021, iCandy’s revenue was down to $1.9 million. iCandy noted there was…

Bitcoin Rallies Over 12%, Why This Could Be Major Trend Change

Bitcoin broke the key $40,000 resistance zone against the US Dollar. BTC is up over 12% and might continue to rise above the $43,000 level. Bitcoin surged above a few key hurdles near the $40,000 resistance zone. The price is trading above $42,000 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $38,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair has moved into a bullish zone and might accelerate higher towards $45,000.…

Binance to Donates $10M to Support Ukrainian Humanitarian Crisis

Binance Exchange, the world’s largest cryptocurrency trading platform, has revealed it is donating $10 million to support the humanitarian relief efforts in Ukraine. As announced by the trading firm, the funds will be split between the top non-profit organizations that are helping to provide succour to Ukrainians and with whom Binance exchange has prior partnerships. These organizations include UNICEF, UNHCR, the UN Refugee Agency, iSans, and People in Need. In addition to this funding, Binance has set up “a crypto-first crowdfunding site, called Ukraine Emergency Relief Fund, to allow people…

Israeli authorities seize Hamas linked crypto accounts

A set of 30 crypto wallets from 12 exchange accounts that have been linked to the terrorist group Hamas based in the Gaza Strip were seized on Monday by Israeli authorities. Crypto exchange al-Mutahadun held the wallets where 12 accounts were allegedly being used by Hamas leaders to fund terrorist efforts against Israel. The Times of Israel reported that Israel’s Defense Ministry said on Feb. 28 that al-Mutahadun has helped Hamas’s military wing “by transferring funds amounting to tens of millions of dollars a year.” The exact value of the…

Black History Month Enters the Metaverse with Web3 Panel, Powered by Charles Barkley’s Redmont Vodka, Premiering Today

The panel will feature Ray J, Nait Jones (Royal.IO), Jason Michael Primrose, and others discussing opportunities and the future of the Black community in the Web3 space. LOS ANGELES, Feb. 28, 2022 /PRNewswire/ — Charles Barkley’s Redmont Vodka and Goals Media Group are signaling the involvement of black-owned businesses, musicians, artists, and more in the Metaverse via their upcoming Black History Month panel taking place in Decentraland. The event, created by Goals Media Group and Metaverse company TerraZero, features a customized 3D venue build of an interactive basketball court. The…