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NFT Marketplace Magic Eden’s $1.6B Valuation, Partnership With Solana’s Web3 Phone ‘Saga’
Magic Eden, the leading non-fungible token (NFT) marketplace on Solana, has raised $130 million in a Series B funding round at a $1.6 billion valuation. CEO Jack Lu discusses Magic Eden’s growth plans, user base and partnership with Solana Labs to build the first Web3 mobile phone. Plus, addressing concerns over Solana’s network outages.
FOX Entertainment Takes on Web3
Scott Greenberg, CEO of Blockchain Creative Labs, discusses FOX Entertainment's initiative into Web3. How is traditional media adapting to future technology? He tells CoinDesk's Christine Lee, "We believe this will be the future of content, finance, production, and distribution."
FOX Entertainment Takes on Web3
Scott Greenberg, CEO of Blockchain Creative Labs, discusses FOX Entertainment's initiative into Web3. How is traditional media adapting to future technology? He tells CoinDesk's Christine Lee, "We believe this will be the future of content, finance, production, and distribution."
CoinFLEX Freezes Withdrawals; Investors Deserting Singapore
CoinFLEX latest crypto exchange to freeze withdrawals, while Voyager cuts limit amid 3AC exposure. Chinese police say crypto being used to launder drug money. Retail investors desert exchanges in Singapore amid bear market and government warnings. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Bitcoin Back Above $20K as Analysts Debate Buying the Dip
Gerber Kawasaki President & CEO Ross Gerber shares his bitcoin analysis and strategy as the cryptocurrency climbs back above $20,000. Is now the time to buy?
Chainalysis Exec on Leveraging Blockchain Transparency to Prevent Market Contagion
Chainalysis Director of Research Kimberly Grauer shares insights into her findings on bitcoin (BTC) prices, tech stocks and the DeFi ecosystem, and what they reveal about the need for transparency of blockchain data amid fears of crypto market contagion.
Bitcoin Could Go as Low as $14K: Bitfreedom
Bitcoin has a history of 80% drawdowns from all time highs as tracked by Bitfreedom Research, which says BTC could go as low as $14,000 this year if we repeat another 80% drawdown from bitcoin’s previous high of about $69,000 touched last November.
Gucci Invests in DAO of NFT Marketplace SuperRare to Launch Digital Art Vault
Gucci is buying into its first decentralized autonomous organization (DAO) via a new partnership with non-fungible token (NFT) marketplace SuperRare. “The Hash” hosts discuss Gucci’s continued bets in Web3 and the outlook for luxury brands entering the crypto space.
Binance Signs Football Star Cristiano Ronaldo for NFT Push
Crypto exchange Binance has entered an exclusive multi-year non-fungible token (NFT) partnership with football legend Cristiano Ronaldo. “The Hash” squad discusses the latest celebrity NFT push potentially bringing Web3 and digital collectibles to global sports fans.
Voyager Digital Cuts Daily Withdrawal Limit to $10K Amid 3AC Exposure
Crypto broker Voyager Digital reduced its daily withdrawal limit to $10,000 from $25,000 after detailing its exposure to struggling hedge fund Three Arrows Capital (3AC). Shares of Voyager Digital fell more than 60%. "The Hash" panel discusses the ripple effects of 3AC's continued downturn.