The logo of Tezos blockchain could soon appear on the uniforms of Manchester United players. As per reports, the two have entered into a multi-year sponsorship deal. The official announcement confirming this partnership remains awaited for now.
Tezos Blockchain Bags Partnership With Manchester United in $27 Million Deal: Report
GameStop Partners With Immutable X to Launch Its Gaming-Focused NFT Marketplace
Popular video game retail giant GameStop has revealed that it has chosen Ethereum layer-2 scaling solution Immutable X as the technology partner for its upcoming non-fungible token marketplace and that the two companies have established a $100 million (roughly Rs. 745 crore) token incentive fund focused on NFT gaming.
Jump Crypto Gives $320 Million to Replace Funds Stolen in Wormhole Hack, Executes Largest DeFi Bailout
In what is being regarded as the biggest bailout in DeFi, Jump Crypto deposited Ether worth $320 million (roughly Rs. 2,391 crore) in Wormhole accounts. This amount was stolen in a hack attack on Wormhole earlier this week. Jump Crypto is a venture capital firm that owns the developer of Wormhole.
Nike Cries Foul Over Virtual Shoes, Suing Retailer StockX for Selling Sneaker NFTs
Nike sued online reseller StockX for selling unauthorized images of Nike shoes, marking the latest lawsuit over digital assets known as non-fungible tokens.
Dogecoin Is Switching to Proof of Stake and Ethereum Co-Founder Vitalik Buterin Is Helping
Ethereum co-founder Vitalik Buterin in a recent interview confirmed that he is working with Dogecoin on its journey to switch away from the Proof of Work (PoW) consensus model to a more efficient Proof of Stake (PoS) model while also mentioning that a lot more cryptocurrencies have a similar switch in the pipeline.
Bitcoin, Ether See Minor Gains as Crypto Price Charts Indicate Flowing Market Movement
After weeks of losses, Bitcoin value finally touched the mark of $40,000 (roughly Rs. 30 lakh) on Indian exchange CoinSwitch Kuber. Ether, Cardano, Solana, and Ripple also registered gains. Some altcoins including USD Coin and Tether saw price dips, but only minor.
NFTs of India’s First Metaverse Wedding See Quick Sales on Beyondlife.Club, Avatars of Couple Included
NFTs based on India’s first metaverse wedding were dropped on the Beyondlife.Club and witnessed rapid sales. The collection was launched by GuardianLink.io.
NFT Museum Opens Its Doors in United States, Showcases Artworks and Explains Tech Behind Them
A museum dedicated to NFTs — the blockchain-based creations that have taken the artworld by storm — has opened its doors in the United States.
Cardano Developer IOHK Increases Block Size by 11 Percent to Accommodate More Transactions
Cardano developer Input Output has increased the network’s block size by 11 percent from 72KB to 80KB after network load surged above 90 percent with the launch of a number of decentralized apps (dApps) on the platform.
Ethereum Co-Founder Vitalik Buterin Gets $100 Million in Donated Crypto Back From India Crypto Relief Fund
Ethereum co-founder Vitalik Buterin has unveiled how he will use the $100 million (roughly Rs. 745 crore) in cryptocurrency he got back from India’s Covid Crypto Relief Fund. He says he will use the funds to accelerate relief efforts and “bring great benefit to Indians and non-Indians”.