Tokens of Near (NEAR) jumped 23% to $10.80 on Wednesday after an integration with decentralized payments network Terra was announced by developers on Tuesday night. Terra’s UST tokens – stablecoins whose value is algorithmically pegged on a one-to-one basis with the U.S. dollar – are now supported on the high-speed Near network, developers said in […]
Archives for December 2021
Dapper, CoinFund Back ‘Space’ Metaverse Play With $7M Raise
Space Metaverse, a virtual world for arts and commerce, has raised $7 million from Dapper Labs, CoinFund, Animoca Brands and other investors. Space will use the funding to build and join various metaverses into one parallel society and “build the economic backbone of the metaverse,” according to a press release. Other notable investors included investment […]
CME Trades 100K Contracts of Micro Ether Futures in First Two Weeks
Micro ether futures contracts introduced on the Chicago Mercantile Exchange (CME) earlier this month are off to a slower start than the bitcoin equivalents that began trading in May. Derivatives giant CME launched the ether versions on Dec. 6, opening the door for traders of all sizes to hedge their exposure in the native token […]
Under Armour Steps Into the Metaverse With ‘Wearable’ Steph Curry Sneakers
Golden State Warriors star guard Stephen Curry is partnering with sports apparel brand Under Armour on an NFT drop to celebrate his new record as the NBA’s all-time top three-point shooter. In honor of this record-breaking shot, the collection will feature 2,974 non-fungible tokens that are digital replicas of the Under Armour-made “Curry Flow 9″ […]
Crypto Exchange Kraken Acquires Staking Platform Staked
Kraken has acquired non-custodial staking platform Staked to enable an alternative to its own custodial staking service, the crypto exchange said Tuesday. Kraken referred to the deal as “one of the largest crypto industry acquisitions to date” but did not disclose the amount paid. For context, Galaxy Digital acquired crypto custodian BitGo for about $1.2 […]
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