$ 200 Million Avalanche, NFT Grab Grammy Awards and $ 100 Million, Wall Street Hunt for Crypto Professionals, and More

cryptoshitcompra.com/wp-content/uploads/2021/11/Avalancha-de-200-millones-NFT-obtiene-premios-Grammy-y.jpg »alt =» »width =» 1202 ″ class = »content-img» /> Source: Adobe / Kevin

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Investment news

Avalanche Foundation she said launched Blizzard, a more than $ 200 million fund dedicated to accelerating development, growth and innovation in the Avalanche public blockchain (AVAX) ecosystem of builders and users “and beyond.” fund is made up of contributions from the Foundation, Ava Laboratories, Polychain Capital, Three capital arrows, Dragonfly Capital, CMS Participations, among others.

Digital asset investment products saw inflows totaling $ 288 million last week, up from $ 1.47 billion the week before, which was marked by the debut of bitcoin (BTC) futures ETFs. in the U.S. CoinShares data. Bitcoin recorded the most inflows totaling $ 269 million last week, while Ethereum (ETH) broke its 3-week drought with inflows totaling $ 17 million and regaining its market share by 32%.

NFT-win-Grammy-awards-y.png »alt =» »width =» 673 ″ class = »content-img» /> MTD: from the beginning of the month; YTD – since the beginning of the year; AUM – assets under management. Source: CoinShares

Cryptocurrency manager NYDIG She said it acquired the payment app creator BTC Bottlepay. acquisition will allow NYDIG to integrate Bottlepay’s Lightning Network infrastructure into its existing bitcoin platform, they added.

Decentralized Financial Center (DeFi) Ardana has Announced raised $ 10 million in a public sale. company aims to become a DeFi gateway on its native blockchain, Cardano (ADA).

Former people, a developer of an Ethereum-based game publishing caral, said they closed a $ 3 million seed round led by Animoca Brands, with participation from CMS, Enjin, Feats of Infinity, Abnormal Business, and other investors.

NFT News

Non-fungible Token Investment Company (NFT) Sfermione Announced raised $ 100 million in Fund II investment round. Sfermion invests across the entire non-expendable capital stack, focusing on three types of investments: early stage venture capital, tokens, and direct NFTs.

Read also Bitcoin and Ethereum struggle to overcome key obstacles

recording academy, the Grammy Awards, and the NFT One platform jointly announced that the music awards are receiving their own NFTs. Details on the collection, which will include digital collectibles and experiences celebrating Grammy winners and nominees, will be released in January and a portion of the proceeds from NFT’s sales will go toward its scholarship fund, they added.

Huobi Group Announced the launch of a trial for Huobi NFT, an NFT marketplace, that allows users to purchase NFT artwork, collectibles and other digital items. Huobi has expanded its initiatives and services to all aspects of the NFT space, including investment and project incubation.

Career news

Some of Wall Street’s largest banks and financial firms have added around 1,000 cryptocurrency-related roles since 2018, according to Revelio Labs, which collects data by scraping LinkedIn, as reported by Bloomberg. Among the top hires are JPMorgan Chase & Co., Wells Fargo & Co., and Goldman Sachs Group Inc., he added.

Amazon Web Services (AWS) is seeking a specialist to promote digital asset underwriting, transaction processing and custody in the cloud, according to a recent job posting. new hire would work with innovative global technology and financial institutions and ‘transform the way they transact digital assets (e.g. cryptocurrencies, [central bank digital currencies] CBDC, stablecoin, security-backed token, asset-backed token and NFT) from price discovery to execution, settlement and custody «.

Exchange news

Binance Ella said that all cryptocurrency withdrawals have been temporarily disabled on this platform “due to a long delay” today.

BitMEX Announced is expanding its BitMEX Link brokerage service in Switzerland. y said they will develop new business lines and functions under the BitMEX brand, including capabilities for trading, brokerage, custody, information products, and an academy “to deepen their understanding of digital assets and cryptocurrency trading.”

Read also Digital proof of the rupee, no technology to implement the crypto travel rule + more news

Adoption news

Burger king Announced partnering with investment platform Robin Hood to offer Royal Perks loyalty members the opportunity to earn a ‘cryptocurrency side’, including dogecoin (DOGE), ETH or BTC. Royal Perks members who spend $ 5 or more on the Burger King app, website or restaurant using “My Code” (a code required during checkout) at participating locations will be rewarded with cryptocurrencies, where dogecoin is the main prize, but BTC and ETH. it will be given to some lucky members.

Regulatory news

South African pension funds will be banned from investing in BTC or other cryptocurrencies under the new draft of the rules. according to Business Insider. Finance Minister Enoch Godongwana introduced a series of changes to regulations governing exactly how pension funds can invest members’ money.

Mining news

Rhodium Business Bitcoin Miner intends to become a publicly traded company, raising up to $ 100 million, according to a deposit with the United States National Securities Market Commission (SECOND). Rhodium said its 80 MW of power capacity is enough to power more than 22,600 miners at its “Texas start site,” with a total hash rate of around 1.8 exahash per second (EH / s).

Fortress Technologies has announced the purchase of 4,500 Bitcoin Bitmain Antminer S19j Pro mining machines (100 TH / s). This adds 450 PH / s to the Company’s total contracted hash rate, more than triple the previously contracted hash rate of 195 PH / s, they said.

Atlas technology group She said has selected Core Scientific Holding Co. to house a large number of state-of-the-art Bitcoin miners. installation of the new miners is expected to be completed in 15 months, they said, adding that the Atlas miners will require more than 100 MW of power at full capacity.

Read also Cryptocurrency could reach world reserve status

Game News

Mobile game developer game Announced the launch of the e-sports platform for mobile devices Play to Win Arco8, based on the Polygon blockchain (MATIC). This launch will be followed by the platform’s first NFT pre-sale, G-bots, a collection of 1,000 game characters playable in exclusive tournaments within the Arc8 app, they added.

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