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Day: October 27, 2021

Initial Game Offering Debut on Binance NFT

Binance NFT, the NFT marketplace of Binance, recently announced the launch of its first-ever initial game offering (IGO). The IGO is part of Binance’s brand new initiative to build the ultimate launchpad for NFT games and gamers, the company said. Initial game offerings provide individuals with an opportunity to invest in gaming projects at an early …

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Expanding ecosystem and $1.86B futures open interest back Solana’s $250 target

The price of Solana’s SOL coin is meeting resistance near its all-time high again, but solid fundamentals and the impressive growth of its decentralized finance (DeFi) and nonfungible token (NFT) ecosystem are likely to drive the altcoin above $250 before year-end. SOL/USDT 1-day chart. Source: TradingView Institutional investor interest is likely a key factor behind …

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Dubai finance watchdog approves listing of Bitcoin fund

The DFSA is establishing itself as an innovative regulator for the region by focusing on fintech and innovative technology. The Bitcoin Fund (QBTCu.TO), a closed-end investment vehicle based in Canada, has received regulatory approval from the Dubai Financial Services Authority (DFSA). The fund debuted on Nasdaq on June 23, 2021, and became the first listed …

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Blockchain Development Platform QuickNode Raises $35M

QuickNode co-founders (left to right) Dmitry Shklovsky, Manuel Kreutz, Auston Bunsen and Alex Nabutovsky pose for a photo in Miami. (QuickNode) The Series A follows a $5.3 million seed round earlier this year and includes participation from Reddit founder Alexis Ohanian and entrepreneur Anthony Pompliano. Blockchain development platform QuickNode has raised $35 million in a Series A …

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Visa Follows Mastercard With Investment in Credit Card Tech Startup: Report

Visa (Shutterstock) The credit card giant has made an undisclosed investment in Deserve following the success of its crypto rewards card issued in partnership with BlockFi. Visa Inc. has joined Mastercard Inc. as an investor in Deserve, the credit-card technology startup’s CEO said in an interview, according to a report from Bloomberg. Deserve launched a Visa credit …

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BITCOIN EXCHANGE FTX BUYS SUPER BOWL AD

Bitcoin exchange FTX bought an ad for the upcoming NFL Super Bowl for an undisclosed amount, said to take advantage of the game’s high viewership. Today, Bloomberg reported that bitcoin exchange giant FTX purchased an ad slot for the upcoming Super Bowl LVI on February 13, 2022, at SoFi Stadium in Inglewood, California. The exchange did not provide …

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