NBA Star John Wall Announces NFT Project To Raise Awareness For Youth Sports – Baby Ballers – BTCHeights

NBA Star John Wall Announces NFT Project To Raise Awareness For Youth Sports – Baby Ballers – BTCHeights

The latest celebrity athlete to enter the NFT space is NBA star, John Wall with his ground-breaking project Baby Ballers. We’ve seen the likes of Tom Brady, Steph Curry, Odell Beckham Jr., and others enter the crypto and NFT space of late. Some have decided to create their own NFT platforms/ projects while others have…

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ETHERNITY and Heavy Metal Entertainment to Release the Heavy Metalverse NFT Collection and Virtual Theme Park

Revealing the next generation of immersive experiences with characters and experiences straight from the Heavy MetalVerse. Heavy Metal Magazine is the first comic studio to enter the Metaverse. LOS ANGELES, CA / ACCESSWIRE / October 29, 2021 / Ethernity, the original authenticated NFT platform (aNFT) is excited to announce the first-ever virtual theme park with in-world…

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Hashlock Completes Smart Contract Security Audit for Dunback Meadow’s Web3 Creator Marketplace

Hashlock Completes Smart Contract Security Audit for Dunback Meadow’s Web3 Creator Marketplace

Hashlock, a leader in Web3 security and smart contract auditing, proudly announces the successful completion of a comprehensive Smart Contract security audit for Dunback Meadow, the next-generation digital marketplace built for creators across the globe. Dunback Meadow is an AI-enhanced, blockchain-secured platform where musicians, artists, writers, 3D modelers, AI developers, and collectors can create, own,…

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Breaking: Web3 platform Galxe is hacked, multiple users report lost funds

Breaking: Web3 platform Galxe is hacked, multiple users report lost funds

Web3 platform Galxe has experienced a security breach, leading to multiple users losing access to their funds and wallets. The breach appears to have occurred through a DNS account conducted via the platform’s domain nameservers on Dynadot. Key Takeaways Galxe, a prominent web3 community-building platform, has fallen victim to a significant security breach. A growing…

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The Fahrenheit Consortium, composed of Arrington Capital, a venture capital firm, and US Bitcoin Corporation, a miner, has successfully acquired Celsius Network's assets through a court-sanctioned auction process. The consortium has received assets worth around $2 billion from Celsius, consisting of their institutional portfolio of loans, staked crypto assets, mining units, and various alternative investments. https://twitter.com/CelsiusNetwork/status/1661807582099505190?t=X-nq5KM0tN8Xd83LQIIhkg&s=19 About the Celsius Acquisition As per legal records, the acquisition of Celsius Network, which had gone bankrupt, has been won by The Fahrenheit Consortium. After being acquired by the Fahrenheit Consortium, Celsius Network is set to be managed by a new entity called NewCo, which will be owned by its creditors. The group, consisting of Arrington Capital and US Bitcoin Corp, will provide the financing, management team, and technology needed to create and operate NewCo. https://twitter.com/CelsiansNetwork/status/1661741113160630272?t=7lGZ3olS6iTGVPvPObF7Cg&s=19 In addition, Celcius has disclosed that they have also secured a secondary proposal from the Blockchain Recovery Investment Consortium (BRIC) which will act as a backup plan and be implemented if needed. NovaWulf, the competing bidder, was unsuccessful in securing the purchase. Significance of this Acquisition After the crypto market crash, Celsius declared bankruptcy in July. Despite this setback, the company had previously secured $1.2 billion through a token sale in 2018 and had a valuation of $3.1 billion during a funding round in April 2021. Luckily, the Fahrenheit Consortium has taken over Celsius, which is anticipated to furnish the required resources for the company's ongoing operation and service expansion. The consortium has committed to investing as much as $500 million in Celsius's assets, which will supply the essential capital for the company's business development. It is also anticipated that BRIC will establish a mining corporation that will be publicly traded, granting Celsius creditors full proprietorship of the equity concerns. Moreover, there is a possibility of a management contract with GlobalXDigital. Celsius aims to discuss and present several crucial papers in the following weeks, subject to endorsement from the bankruptcy court.

Fahrenheit Consortium Emerges Victorious in Auction for Celsius’s Assets

The Fahrenheit Consortium, composed of Arrington Capital, a venture capital firm, and US Bitcoin Corporation, a miner, has successfully acquired Celsius Network’s assets through a court-sanctioned auction process. The consortium has received assets worth around $2 billion from Celsius, consisting of their institutional portfolio of loans, staked crypto assets, mining units, and various alternative investments….

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Shard Labs Brings MATIC Liquid Staking Solution, LIDO, to Polygon

Shard Labs Brings MATIC Liquid Staking Solution, LIDO, to Polygon

Users will be able to easily and securely stake their Polygon MATIC tokens and earn rewards DUBAI, UAE / ACCESSWIRE / September 2, 2021 / Polygon, an Ethereum-based full-stack scaling solution bringing mass adoption to the Ethereum platform, today announces that Shard Labs, a full-cycle blockchain-focused startup, has chosen Polygon to develop a liquid staking protocol for…

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Japanese Banks and Firms joined Forces to build a Metaverse Economic Zone

Japanese Banks and Firms joined Forces to build a Metaverse Economic Zone

In a highly ambitious move, some of Japan’s leading financial and technological institutions have come together to form an innovative metaverse infrastructure project. To provide users with convenient payment systems, reliable authentication services, and comprehensive insurance options across multiple platforms, this collaborative effort is poised to revolutionize how digital assets are handled in the modern…

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