Robinhood’s Acquisition Strategy for Prediction Markets Robinhood is actively looking at potential acquisition targets to strengthen its position in the prediction markets space. The retail trading platform has been having discussions about partnerships and possible deals that could help it build out this part of its business. This move seems to align with Robinhood’s broader…
Compensation Following Market Turbulence Binance has completed a $283 million reimbursement to users affected by the recent market crash and token depegging incidents. The crypto exchange announced the compensation on Sunday, stating it covered users whose positions were liquidated while holding affected assets as collateral across Margin, Futures, and Loan products. The payout followed what…
Amazon Prime Gaming teams up with Mojo Melee, providing exciting benefits to subscribers and introducing blockchain gaming to a wider audience. Key Points Amazon Prime Gaming has announced its latest partnership with the NFT game, Mojo Melee. This collaboration brings exciting new opportunities for both Amazon Prime subscribers and Mojo Melee players. Mojo Melee is…
Gala Games teams up with Elixir Games Launcher to bring blockchain-based games to a wider audience, offering weekly gaming nights and enriching the gaming landscape. Key Points Gala Games, a prominent player in the Web3 gaming industry, has joined forces with Elixir Games Launcher, a well-known distribution platform. Their aim is to expand the reach…
The meme cryptocurrency BALD experiences an 87% price drop amid suspicions of a liquidity drain and alleged involvement of prominent crypto figures. Key Points BALD, the meme cryptocurrency, has experienced a significant drop of over 87% in the past 24 hours, causing its value to plummet to around $0.00616 during the early European market on…
Vera Molnár’s “Themes and Variations” NFT collection sells out at a Sotheby’s auction, raking in $1.2 million in just an hour. Key Points Vera Molnár’s NFT collection created a buzz in the art world as it sold out within an hour at a Sotheby’s auction, generating an impressive $1.2 million in sales. The collection, named…
Bank of America emphasizes the need for a comprehensive regulatory framework amid uncertainty caused by the recent court ruling in favor of Ripple Labs. Key Points Bank of America (BAC) has released a research report emphasizing the need for a comprehensive regulatory framework to promote the mainstream adoption of digital assets and accommodate increased institutional…
In the legal battle between Coinbase and the SEC, Judge Failla issues a scheduling order with important submission deadlines, bringing clarity to the process. Key Points In the ongoing legal battle between Coinbase Global Inc, a well-known cryptocurrency exchange, and the U.S. Securities and Exchange Commission (SEC), Judge Failla has taken a decisive step by…
The Institute of Digital Fashion releases AI Barbie, a collection celebrating London’s LGBTQI+ community and promoting inclusivity in fashion through six digital dolls inspired by queer nights out. Key Points Step into the world of AI Barbie, a groundbreaking release by the Institute of Digital Fashion that celebrates London’s vibrant LGBTQI+ community. The Institute’s mission…
U.S. House Republicans introduce the “Financial Innovation and Technology for the 21st Century Act” bill to regulate the crypto sector, raising concerns about its impact on DeFi platforms. Key Points U.S. House Republicans have introduced a new bill aimed at regulating the crypto sector and protecting investors. The “Financial Innovation and Technology for the 21st…
