Month: May 2022

CoinShares lost $21M due to Terra LUNA’s implosion, CEO says

DeFi exposure related to Terra’s stablecoin UST saw CoinShares, Europe’s largest digital asset firm with billions of assets under management, lose more than $21 million, the firm’s CEO Jean-Marie Mognetti revealed on Tuesday. The CoinShares chief’s comment on the loss was part of his investor relations message to the company’s clients published in the 2021 Financial …

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Soros Fund CEO says crypto is mainstream and ‘here to stay’

Soros Fund Management CEO and CIO Dawn Fitzpatrick says crypto is going nowhere given its already mainstream.  The Soros’ executive made the comments during an interview with Bloomberg, noting that the entry of major mainstream players like Fidelity Investments was a key development. In her response on what she thought of crypto in terms of “taking …

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Free-to-play P2E MMO strategy game Meta Apes debuts on BNB Application Sidechain

The free-to-play, play-to-earn MMO strategy game Meta Apes has become the first game to go live on BNB Application Sidechain. The game is designed for a mobile-first experience. It is currently only available for Android devices on Google Play. The iOS version is expected to be launched in the near future. The Meta Apes game …

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Chains.com Unveils Deep Space Society – a Million Free Unique NFTs on Polygon

Tel Aviv, Israel, 31st May, 2022, Chainwire Chains.com, a multi-product MetaFi blockchain startup is celebrating the 500,000 users milestone by launching Deep Space Society –  a collection of unique 1,000,000 NFTs designed by the Ukrainian artist, Kateryna Otian. The NFTs will be “airdropped” to qualifying Chains.com account holders at zero cost, beginning June 1st, 2022. …

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Community-Driven Football Management Simulator Soccer Manager Elite Rebrands As Soccerverse

London, England, 31st May, 2022, Chainwire Freshly Unveiled Brand Adds Gaming Industry Veteran Andrew Gore To The Organization London-based Soccer Manager Elite (SME), a Xaya blockchain-based massive multiplayer online soccer management game, has rebranded itself as Soccerverse, which will be developed under a separate legal entity titled Soccerverse Ltd. Soccerverse has added gaming industry veteran …

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Coinshift partners with Superfluid for their V2 Beta Launch

Sheridan, United States, 31st May, 2022, Chainwire   Coinshift has announced a partnership with Superfluid to offer streaming services to users as part of the V2 beta launch. Coinshift is a leading treasury management and infrastructure platform that enables DAOs and crypto businesses to manage treasury operations. Coinshift provides a single and easy-to-use solution that …

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The NFT market is still underhyped, says Brad Garlinghouse

Nonfungible tokens have become very popular within the cryptocurrency space and beyond. Brad Garlinghouse, the CEO of blockchain company Ripple, believes that the nonfungible token (NFT) market is still underhyped.  Garlinghouse mentioned this during a recent interview with Cointelegraph. NFTs have become very popular within the crypto space and beyond, thanks to their unique attributes. …

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Cronos (CRO) struggles to break out despite major ecosystem developments

Cronos (CRO) has been one of the most underperforming coins in the market over the last few months. The coin has literally blown hot and cold but despite this, it has failed to establish any decisive breaks. However, Cronos still continues to report major ecosystem development news. Here are the highlights: Cranos recently announced a …

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