Blockchain – Marketiva.mobi https://marketiva.mobi Your Bitcoin News Portal Thu, 22 Sep 2022 19:30:59 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.2 https://marketiva.mobi/wp-content/uploads/2020/10/cropped-bitcoint-logo-1-32x32.jpg Blockchain – Marketiva.mobi https://marketiva.mobi 32 32 Funko Partners With Walmart to Drop DC Digital Collectibles and Physical Twin Counterparts https://marketiva.mobi/2022/09/22/funko-partners-with-walmart-to-drop-dc-digital-collectibles-and-physical-twin-counterparts/ https://marketiva.mobi/2022/09/22/funko-partners-with-walmart-to-drop-dc-digital-collectibles-and-physical-twin-counterparts/#respond Thu, 22 Sep 2022 19:30:59 +0000 https://news.bitcoin.com/?p=548965 Funko has teamed up with the multinational retail corporation Walmart and the American film and entertainment studio Warner Bros. to bring digital collectibles to the retail space, the pop culture collectibles firm announced on Wednesday. According to Funko, the digital collectible offering is consumer friendly as fans can purchase the non-fungible token (NFT) and physical […]]]>

Funko Partners With Walmart to Drop DC Digital Collectibles and Physical Twin Counterparts

Funko has teamed up with the multinational retail corporation Walmart and the American film and entertainment studio Warner Bros. to bring digital collectibles to the retail space, the pop culture collectibles firm announced on Wednesday. According to Funko, the digital collectible offering is consumer friendly as fans can purchase the non-fungible token (NFT) and physical collectible simultaneously.

Funko, Warner Bros., and Walmart to Drop NFTs Tied to Physical Collectibles

The company that’s well known for creating unique bobbleheads and vinyl figurines, Funko (Nasdaq: FNKO), has announced a partnership with the entertainment firm Warner Bros. and the retail giant Walmart. Funko says the company is bringing NFTs to the retail space with a Digital Pop series that features DC’s “The Brave and the Bold” #28 (1959) Comic Cover Pop. The collectible features the Justice League teaming up against Starro and it will be made available exclusively on Walmart.com on October 7.

The new Funko Digital Pop will debut during Walmart Collector Con and the company says 30,000 units will be made available. That includes the NFT and “its physical twin counterpart,” Funko explained on Wednesday. Funko has been into the non-fungible token (NFT) space for quite some time and recently partnered with the entertainment firm Paramount to drop “Avatar Legends” NFTs.

The company has positioned itself with a number of well known brands and the company’s Digital Pop series has highlighted cult classics like Jay and Silent Bob, and characters from DC Comics. Andrew Perlmutter, the chief executive officer at Funko detailed the pop culture collectibles firm is excited to bring the latest Digital Pop NFTs to the retail space. We are thrilled to bring this first-to-market opportunity to the world’s largest mass retailer,” Perlmutter said. The Funko CEO added:

This is an opportunity to create an easy entryway for shoppers to own digital collectibles featuring fan-favorite brands and characters.

Funko is not the first to introduce NFTs to the retail space and not the first to bring them to Walmart either. At the end of February 2021, the trading card, candy, and collectibles company Topps introduced the “2021 Garbage Pail Kids Food Fight” series which included physical cards and Garbage Pail Kids (GPK) NFTs. The GPK NFTs could be found in packs of GPK cards that were sold at Walmart and Target retail stores at the time.

Last month, the luxury jewelry and specialty retailer Tiffany & Co. launched jeweled Cryptopunk pendants tied to NFTs. In August 2021, the NBA Top Shot collection was available to fans who visited Top Shot vendor kiosks at last year’s NBA Summer League Games. Josh Hackbarth, the head of NFT commercial development at Warner Bros. detailed that the latest Funko Digital Pop offering at Walmart should reach a broader market.

“To bring this new collection of digital collectibles to retail will allow for an even broader reach and invite fans – both avid collectors and those that are entering the space for the first time, the opportunity to engage, physically and digitally, with beloved franchises, like DC,” Hackbarth said in a statement. “The Brave and the Bold” series first published by DC Comics in the 1950s features team-ups of well known DC characters from the comic book’s universe.

What do you think about Funko partnering with Warner Bros. and Walmart to drop a new Digital Pop NFT series? Let us know what you think about this subject in the comments section below.

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Highly Anticipated Cardano (ADA) Vasil Hard Fork Upgrade Scheduled To Go Live in Matter of Hours https://marketiva.mobi/2022/09/22/highly-anticipated-cardano-ada-vasil-hard-fork-upgrade-scheduled-to-go-live-in-matter-of-hours/ https://marketiva.mobi/2022/09/22/highly-anticipated-cardano-ada-vasil-hard-fork-upgrade-scheduled-to-go-live-in-matter-of-hours/#respond Thu, 22 Sep 2022 18:41:46 +0000 https://dailyhodl.com/?p=218649 Ethereum (ETH) challenger Cardano’s (ADA) much-anticipated Vasil hard fork upgrade is set to roll out today with plans for developers to use its new capabilities by next week. Input Output Hong Kong (IOHK) and its CEO Charles Hoskinson say that the mainnet update is ready to launch. “A joint [Input Output Global] and [Cardano Foundation] […]]]>

Ethereum (ETH) challenger Cardano’s (ADA) much-anticipated Vasil hard fork upgrade is set to roll out today with plans for developers to use its new capabilities by next week.

Input Output Hong Kong (IOHK) and its CEO Charles Hoskinson say that the mainnet update is ready to launch.

“A joint [Input Output Global] and [Cardano Foundation] team will use the hard fork combinator to deploy Vasil at the protocol level on September 22nd. The new capabilities will become available for developers to utilize on mainnet exactly one epoch later, on September 27th.”

Previously, ADA co-creator and IOHK CEO Charles Hoskinson said that the Vasil hard fork marks the next step of Cardano’s evolution and should improve its usefulness and scalability.

“Moving forward, there’s going to be a big retrospective on how we do things better. There’s also going to be a deep conversation about the overall architecture of Cardano as it is, and how we take it to the next level to make it more useful, portable, scalable and better for everybody…

It’s becoming more clear that the distance between us and everyone else is growing. We built Cardano to be the financial operating system of the world. We built it to bank the unbanked. We built it as a community to give economic identity to those who don’t have it so we can have one global fair marketplace.

It’s a crazy mission, and it feels vast in scope but with Vasil coming on September 22nd, it feels that much more achievable.”

The upgrade has prompted many prominent crypto analysts, such as Michaël van de Poppe and Benjamin Cowen, to predict rallies for the smart contract platform. Cowen said he expects ADA to reach $0.60 while van de Poppe said that a $1.00 price tag isn’t out of the question.

In preparation for the hard fork, crypto exchange titans Coinbase and Binance announced that they would pause ADA transactions during the upgrade.

ADA is moving for $0.45 at time of writing, a 1.2% gain on the day.

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World’s Largest NFT Marketplace Opensea Reveals Drop Improvements, Arbitrum L2 Support https://marketiva.mobi/2022/09/21/worlds-largest-nft-marketplace-opensea-reveals-drop-improvements-arbitrum-l2-support/ https://marketiva.mobi/2022/09/21/worlds-largest-nft-marketplace-opensea-reveals-drop-improvements-arbitrum-l2-support/#respond Wed, 21 Sep 2022 11:30:29 +0000 https://news.bitcoin.com/?p=548638 The largest non-fungible token (NFT) marketplace by sales volume, Opensea, has announced a new “immersive and secure minting experience” by giving NFT creators the ability to showcase “collections with dedicated drop pages and greater discoverability” on Opensea’s new homepage. Moreover, the company also announced on Tuesday that the NFT marketplace will soon support the layer […]]]>

World's Largest NFT Marketplace Opensea Reveals Drop Improvements, Arbitrum L2 Support

The largest non-fungible token (NFT) marketplace by sales volume, Opensea, has announced a new “immersive and secure minting experience” by giving NFT creators the ability to showcase “collections with dedicated drop pages and greater discoverability” on Opensea’s new homepage. Moreover, the company also announced on Tuesday that the NFT marketplace will soon support the layer two (L2) protocol Arbitrum.

Opensea Announces NFT Drop Improvements and Arbirtum L2 Support

Opensea has made a number of changes and it just recently revamped the NFT market’s homepage. The NFT marketplace is the largest NFT platform by sales volume as statistics show Opensea has settled $32.34 billion in all-time sales. On September 19, the company announced the marketplace is adding new features that aim to offer an “easier, safer and more immersive” new drop experience. Essentially, Opensea has added three features which include:

  • Creators will soon be able to launch their collections with dedicated drop pages and greater discoverability on the (new) Opensea homepage.
  • Collectors will now be able to mint directly from an Opensea page.
  • Drops on Opensea will have access to Seadrop, a new, secure open source contract that powers the drops experience so that creators don’t need to create custom smart contracts.

World's Largest NFT Marketplace Opensea Reveals Drop Improvements, Arbitrum L2 Support

Furthermore, Opensea has also revealed the NFT marketplace will support Arbitrum, the Ethereum-compatible layer two (L2) blockchain network. “We’re excited to share that Opensea will soon support Arbitrum,” Opensea said on Tuesday. “This is a first step in building our goal of a web3 future where people have access to the NFTs they want on the chains they prefer,” the company added.

The plan is to launch Opensea’s Arbitrum support on September 21, and following the launch “creators will need to find their collections in Opensea and set their creator fees directly,” Opensea explained. Opensea has been opening up to new blockchains as the marketplace has already integrated with Polygon and Solana.

Just recently, the NFT marketplace competitor Rarible announced integration with Immutable X, another L2 scaling effort that’s compatible with Ethereum. Opensea’s latest additions follow the migration over to Seaport, an open-source Web3 marketplace protocol.

What do you think about Opensea’s new features and the marketplace adding Arbitrum support on September 21? Let us know what you think about this subject in the comments section below.

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Web3 Firm Acquires Creator of South Africa’s First Listed PoW Crypto, Safcoin https://marketiva.mobi/2022/09/18/web3-firm-acquires-creator-of-south-africas-first-listed-pow-crypto-safcoin/ https://marketiva.mobi/2022/09/18/web3-firm-acquires-creator-of-south-africas-first-listed-pow-crypto-safcoin/#respond Sun, 18 Sep 2022 09:30:43 +0000 https://news.bitcoin.com/?p=547878 A Web3 technology company, Virtual Nation Builders, recently said it acquired FHM, the firm that created safcoin, South Africa’s touted first proof-of-work cryptocurrency to list on a global exchange. As a result of the Web3 firm’s acquisition of FHM, the cryptocurrency will now “list and merge all its digital use-cases and platforms into the new […]]]>

A Web3 technology company, Virtual Nation Builders, recently said it acquired FHM, the firm that created safcoin, South Africa’s touted first proof-of-work cryptocurrency to list on a global exchange. As a result of the Web3 firm’s acquisition of FHM, the cryptocurrency will now “list and merge all its digital use-cases and platforms into the new VNB-built Cowrie exchange and partnerships.”

Supporting Clients’ Digital Needs


Virtual Nation Builders (VNB), a Web3 technology firm, recently revealed it had acquired FHM (Pty) Ltd., the South Africa-based creator of what is dubbed Africa’s first cryptocurrency — safcoin.

In a statement, VNB, which is 30% owned by the blockchain law firm Schindlers Attorneys, described the combination of the two businesses as an important step that will support their respective “clients’ digital needs in the Web3 revolution.”

As a result of FHM’s acquisition by VNB, the safcoin cryptocurrency, which was launched in 2018, “will list and merge all its digital use-cases and platforms into the new VNB-built Cowrie exchange and partnerships.”

Commenting on the plans to list on more exchanges, Neil Ferreira, the co-founder and CEO at FHM, said:

Together with VNB, we plan to extend our global reach with more international exchange partner listings. We had good support from the international crypto market with our first listing, and we are proud to be flying the SA [South African] flag into the global crypto sphere.


Described as South Africa’s first proof-of-work cryptocurrency to list on a global exchange platform, safcoin is reportedly traded on Hotbit and Chainex.


Blockchain Enabled Opportunities


Meanwhile, Maurice Crespi, a partner at Schindlers Attorneys and the CEO of VNB, is quoted in the statement touting the two’s companies’ involvement in the successful auction of the non-fungible token (NFT) of former South African president Nelson Mandela’s arrest warrant.

“The sale gave a glimpse of the possibilities offered by the digital realm through virtualisation. The opportunities that blockchain enables and its applications are no longer limited to finance. The use of blockchain—and specifically smart contracts—can be applied in various industries, including community upliftment and business efficiency,” Crespi explained.

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What are your thoughts on this story? Let us know what you think in the comments section below.

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The PoW Dominance Purge — Only 6 Crypto Assets out of the Top 50 Market Caps Use Proof-of-Work https://marketiva.mobi/2022/09/16/the-pow-dominance-purge-only-6-crypto-assets-out-of-the-top-50-market-caps-use-proof-of-work/ https://marketiva.mobi/2022/09/16/the-pow-dominance-purge-only-6-crypto-assets-out-of-the-top-50-market-caps-use-proof-of-work/#respond Fri, 16 Sep 2022 16:30:28 +0000 https://news.bitcoin.com/?p=547781 At the time of writing, only one coin in the top ten crypto assets by market capitalization is a proof-of-work (PoW) token and out of the top 20, there are only three tokens that leverage a PoW consensus mechanism. Moreover, out of 50 of the largest crypto coins by valuation, only six use PoW and […]]]>

The PoW Dominance Purge — Only 6 Crypto Assets out of the Top 50 Market Caps Use Proof-of-Work

At the time of writing, only one coin in the top ten crypto assets by market capitalization is a proof-of-work (PoW) token and out of the top 20, there are only three tokens that leverage a PoW consensus mechanism. Moreover, out of 50 of the largest crypto coins by valuation, only six use PoW and out of all of them, there’s roughly 230 exahash per second (EH/s) of hashpower combined.

Only 12% of the Top 50 Crypto Assets Leverage PoW — Hashpower Currently Equates to Close to 230 Exahash

With Ethereum changing from proof-of-work (PoW) to proof-of-stake (PoS), only 12% of the top 50 coins now leverage PoW. Six crypto asset networks use PoW consensus mechanisms like SHA256 or Scrypt to verify transactions and mint new coins. Bitcoin.com News recently reported on how the top ten would only see one PoW asset remain and at the time of writing, that’s bitcoin (BTC). Dogecoin (DOGE) was a top ten contender just recently, but the meme token’s market cap has been pushed down to the 11th position.

That leaves ethereum classic (ETC) as the third PoW coin in the top 20 standings today. Doge has roughly 429 terahash per second (TH/s) of hashrate or 0.00042994 EH/s. ETC has even less with 0.00022551 EH/s, which equates to 225 TH/s of hashpower. Following ETC is litecoin (LTC), which is the fourth-ranked PoW coin in the top 50. Roughly 0.000469 EH/s or 469 TH/s is dedicated to the Litecoin chain today. Behind LTC is monero (XMR) with 2.71 gigahash per second (GH/s) of hashrate. The last and final PoW coin out of the top 50 crypto assets by market cap is bitcoin cash (BCH).

Bitcoin Cash currently has 1.28 EH/s of hashpower dedicated to the BCH blockchain. Bitcoin (BTC) has 228 EH/s, and between all six PoW networks, there’s close to 230 EH/s of hashpower securing all six chains. While BTC’s market valuation commands 37.7% of the entire crypto economy’s net value, out of every PoW coin in existence, BTC equates to 94% of the PoW coin economy’s USD value.

Eight years ago, PoW crypto assets dominated the pack of top valuations, and now there are only six PoW crypto assets in the top 50. It will be interesting to see what the trend looks like in another eight years, and whether or not PoW dominance continues to slide.

What do you think about the fact that only six coins out of the top 50 largest crypto capitalizations are proof-of-work coins? Let us know what you think about this subject in the comments section below.

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Starbucks Leverages Polygon for Web3 Push, Coffeehouse Chain to Issue NFT Stamps https://marketiva.mobi/2022/09/12/starbucks-leverages-polygon-for-web3-push-coffeehouse-chain-to-issue-nft-stamps/ https://marketiva.mobi/2022/09/12/starbucks-leverages-polygon-for-web3-push-coffeehouse-chain-to-issue-nft-stamps/#respond Mon, 12 Sep 2022 17:30:36 +0000 https://news.bitcoin.com/?p=547094 On September 12, the multinational chain of coffeehouses, Starbucks, announced the firm has partnered with the blockchain project Polygon and unveiled the company’s Web3 technology called Starbucks Odyssey. The Web3 platform Starbucks Odyssey will provide Starbucks rewards members and the company’s U.S. employees with the opportunity to earn non-fungible token (NFT) assets. Coffeehouse Company Announces […]]]>

Starbucks Leverages Polygon for Web3 Push, Coffeehouse Chain to Issue NFT Stamps

On September 12, the multinational chain of coffeehouses, Starbucks, announced the firm has partnered with the blockchain project Polygon and unveiled the company’s Web3 technology called Starbucks Odyssey. The Web3 platform Starbucks Odyssey will provide Starbucks rewards members and the company’s U.S. employees with the opportunity to earn non-fungible token (NFT) assets.

Coffeehouse Company Announces Web3 Platform Starbucks Odyssey

Starbucks has immersed its feet into blockchain, Web3, and NFT technology by revealing a new Web3 application powered by Polygon. “[The] new Starbucks Odyssey experience will offer members the ability to earn and buy digital collectible stamps (NFTs) that will unlock access to new, immersive coffee experiences,” the company’s corporate stories and news page notes. “As one of the first companies to integrate NFTs with an industry-leading loyalty program at scale, Starbucks will create an accessible Web3 community that will enable new ways to engage with members and partners (employees).”

Polygon also confirmed the partnership on Twitter and in a blog post called “Starbucks Taps Polygon for Its ‘Starbucks Odyssey’ Web3 Experience.” In the blog announcement, Polygon states:

This one-of-a-kind loyalty program experience is powered by the low fees and high transaction speeds on the Polygon PoS network.

Starbucks Odyssey Experience to Launch ‘Later This Year’

Starting today, Starbucks customers and employees can join the waitlist in order to get an exclusive invitation to the Starbucks Odyssey experience. The company says the platform will be launching live “later this year.” Ryan Butz, the vice president of loyalty, strategy and marketing for Starbucks says the technology is well positioned with the company’s sustainability goals.

“Building Starbucks Odyssey using technology that aligns with our sustainability aspirations and commitments is a top priority,” Butz noted in a statement on Monday. We took a very thoughtful and thorough approach when evaluating which blockchain to utilize and Polygon’s fast, low-cost, and carbon-neutral network is the perfect foundation for our first digital community,” the vice president of loyalty rewards mentioned.

What do you think about Starbucks partnering with Polygon? Let us know what you think about this subject in the comments section below.

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Buenos Aires Might Implement Blockchain Systems to Make Social Aid Payments https://marketiva.mobi/2022/09/12/buenos-aires-might-implement-blockchain-systems-to-make-social-aid-payments/ https://marketiva.mobi/2022/09/12/buenos-aires-might-implement-blockchain-systems-to-make-social-aid-payments/#respond Mon, 12 Sep 2022 07:30:51 +0000 https://news.bitcoin.com/?p=546856 Dario Nieto, a lawmaker in the city of Buenos Aires, has introduced a bill that would use blockchain systems to make social aid payments in order to bring clarity to these activities. Nieto has complained about the different intermediaries that use these social campaigns to make money and how introducing blockchain might eliminate these activities. […]]]>

buenos aires

Dario Nieto, a lawmaker in the city of Buenos Aires, has introduced a bill that would use blockchain systems to make social aid payments in order to bring clarity to these activities. Nieto has complained about the different intermediaries that use these social campaigns to make money and how introducing blockchain might eliminate these activities.

Social Aid Blockchain Law Introduced in Buenos Aires


Many systems are using blockchain due to the traceability that this tech might bring to any implementation. Senator Dario Nieto, a lawmaker for the city of Buenos Aires, is proposing to use blockchain as a fundamental part of a system to manage social aid payments. For this, he introduced a bill that would bring many of the activities derived from these programs to an end.

In his view, payments coming from social aid programs are used regularly by different intermediaries to make money or to force recipients to participate in political activities. On this, Nieto stated:

The management of social plans has become a huge apparatus used to do politics, with which the leaders of social movements extort people with abusive practices, such as asking for money returns, a percentage of the plan, going to march and block streets.


According to Nieto, blockchain tech might help in this regard, making every payment traceable and putting middlemen out of the equation. He explained:

With blockchain, the money leaves the Ministry of Social Development directly to the beneficiary, without asking for voluntary contributions, without favors such as attendance controls at pickets or marches.


A City Married With Blockchain


This is not the first time that Nieto has introduced a blockchain-based bill. The lawmaker already introduced a bill that would use blockchain tech as part of a system to control state purchases and contracts.

Buenos Aires is a city that has embraced blockchain as a part of its structure. As part of a modernization program, the city is currently in the final stages of implementing a blockchain-based ID system called TangoID. The government of Buenos Aires has declared that it aims to have it working by January 2023.

In August, the city declared that it will run Ethereum nodes with the objective of learning more about the chain for regulatory purposes. In April, the city confirmed its plans to accept cryptocurrency for tax payments in 2023.

What do you think about the latest blockchain bill presented in Buenos Aires? Tell us in the comment section below.

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30% of Today’s Staked Ethereum Is Tied to Lido’s Liquid Staking, 8 ETH 2.0 Pools Command $8.1 Billion in Value https://marketiva.mobi/2022/09/11/30-of-todays-staked-ethereum-is-tied-to-lidos-liquid-staking-8-eth-2-0-pools-command-8-1-billion-in-value/ https://marketiva.mobi/2022/09/11/30-of-todays-staked-ethereum-is-tied-to-lidos-liquid-staking-8-eth-2-0-pools-command-8-1-billion-in-value/#respond Sun, 11 Sep 2022 19:30:06 +0000 https://news.bitcoin.com/?p=546906 In roughly three days Ethereum is expected to transition from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) version via The Merge. Ahead of the transition, the liquid staking project Lido has seen a lot more activity as the value locked in the protocol increased by more than 13% this week. Moreover, the project’s […]]]>

30% of Today's Staked Ethereum Is Tied to Lido's Liquid Staking, 8 ETH 2.0 Pools Command $8.1 Billion in Value

In roughly three days Ethereum is expected to transition from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) version via The Merge. Ahead of the transition, the liquid staking project Lido has seen a lot more activity as the value locked in the protocol increased by more than 13% this week. Moreover, the project’s lido dao governance token has increased 25.4% against the U.S. dollar during the past seven days.

Lido TVL Jumps 13% Higher This Week, Project’s Wrapped Ether Represents More Than 30% of Staked Ethereum

Last week, Bitcoin.com News reported on the decentralized finance (defi) project Lido as the project started seeing more demand ahead of The Merge. Lido Finance is a liquid staking project that allows people to wrap their crypto assets in order to gather a staking yield, but the process also allows owners to hold the assets in a non-custodial fashion and be able to trade them as well.

Lido offers liquid staking solutions for blockchains like Ethereum, Solana, Polygon, Polkadot, and Kusama. However, most of the value locked in Lido derives from locked ether, as ETH represents $7.61 billion of Lido’s $7.81 billion total value locked (TVL).

30% of Today's Staked Ethereum Is Tied to Lido's Liquid Staking, 8 ETH 2.0 Pools Command $8.1 Billion in Value

During the past seven days, metrics from defillama.com indicates that Lido’s TVL swelled by 13.08%, and the TVL has risen by 2.43% during the past 24 hours. While Makerdao is the largest defi protocol today, in terms of TVL stats, Lido is the second largest defi protocol on September 11.

The ether locked in Lido’s application alone represents 12.60% of the $60.38 billion TVL in defi today. Lido’s wrapped ether derivative token, STETH, is the 13th largest market capitalization out of the 12,907 tokens worth $1.1 trillion. Lido’s governance token lido dao (LDO) has increased 25.4% during the past two weeks.

Three Larges Exchanges and 8 Ethereum 2.0 Pools

Data from Dune Analytics shows Lido is the largest Beacon chain depositor with 30.3% of the deposits stemming from Lido Finance. Coinbase is second to Lido with 14.5% of the Beacon chain deposits and Kraken commands 8.3%.

Coinbase recently launched a liquid staking token called coinbase wrapped ethereum (CBETH), and in mid-August a JPMorgan market analyst said Coinbase could be a material beneficiary of Ethereum’s Merge transition. At press time, there’s 13,638,351 ether locked into the ETH 2.0 contract and there are 426,198 validators. 30.49% of the 13.6 million ETH staked is staked via Lido Finance.

30% of Today's Staked Ethereum Is Tied to Lido's Liquid Staking, 8 ETH 2.0 Pools Command $8.1 Billion in Value

Besides massive exchanges like Coinbase, Kraken, and Binance, Lido competes with Stkr, Sharedstake, Stafi, Stakewise, Cream, Stakehound, and Rocketpool. Between Lido, Rocketpool, Stakehound, Stakewise, Stafi, Sharedstake, and Stkr, there’s approximately $8.11 billion in value.

While Lido commands 30.49% of the ETH staked, the aforementioned ETH 2.0 pools represent 33.11% of the staked ether today. There is 4,585,038 locked ether held between the eight ETH 2.0 pools today.

What do you think about the recent Lido Finance action and the amount of ether eight pools have held? Let us know what you think about this subject in the comments section below.

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Nigerian Blockchain Startup Bitmama Closes $2 Million Pre-Seed Round https://marketiva.mobi/2022/09/11/nigerian-blockchain-startup-bitmama-closes-2-million-pre-seed-round/ https://marketiva.mobi/2022/09/11/nigerian-blockchain-startup-bitmama-closes-2-million-pre-seed-round/#respond Sun, 11 Sep 2022 08:30:51 +0000 https://news.bitcoin.com/?p=546666 After raising $1.65 million via a pre-seed extension, Bitmama, a Nigeria-based blockchain startup, has now closed its pre-seed funding round at $2 million, a report has said. Leading the funding round were two Africa-focused venture capital firms: Unicorn Growth Capital and Launch Africa. New Funding to Help Bitmama Scale Up Crypto Use Cases in Africa […]]]>

After raising $1.65 million via a pre-seed extension, Bitmama, a Nigeria-based blockchain startup, has now closed its pre-seed funding round at $2 million, a report has said. Leading the funding round were two Africa-focused venture capital firms: Unicorn Growth Capital and Launch Africa.

New Funding to Help Bitmama Scale Up Crypto Use Cases in Africa


A Nigeria-based blockchain startup, Bitmama, recently closed its pre-seed funding round at $2 million after it added $1.65 million to the $350,000 that was raised in October last year. According to a Techcrunch report, the funding round was led by two Africa-focused venture capital (VC) firms, namely, Unicorn Growth Capital and Launch Africa.

Also participating in the fundraise were existing and new investors such as Adaverse, Flori Ventures, Tekedia Capital, Greenhouse Capital, ODBA, Five35 Ventures, Chrysalis Capital, Enrich Africa, Thrive Africa, and Angellist Ventures. Angel investors that participated in the round include Rene Reinsberg, Marek Olszewski, and Honey Ogundeyi.

According to the report, the blockchain startup will use the funds raised to bolster its team as well as to integrate its product offerings. The funds will further be used to help Bitmama scale up use cases for cryptocurrency on the African continent.


Buying and Selling Crypto on Bitmama


In remarks following the announcement, Ruth Iselema, a founder and the chief executive officer at Bitmama, said:

We started Bitmama to make it easy for anyone across the African continent to buy and sell cryptocurrency. But as time passed, we saw a couple of use cases we could employ this technology to solve.


As per the report, some of the cryptocurrency use cases identified by Bitamama include the purchase of airtime or paying for utilities using crypto. Also, to help small businesses affected by foreign exchange restrictions, the startup said it has availed “virtual dollar cards for Nigerians to make international purchases.”

Meanwhile, Iselema is also quoted in the report suggesting that Bitmama is planning to introduce a “couple of innovative products” which will be the first in the market.

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Blockchain Gaming Publisher and Web3 Firm Animoca Brands Secures $110 Million https://marketiva.mobi/2022/09/10/blockchain-gaming-publisher-and-web3-firm-animoca-brands-secures-110-million/ https://marketiva.mobi/2022/09/10/blockchain-gaming-publisher-and-web3-firm-animoca-brands-secures-110-million/#respond Sat, 10 Sep 2022 21:30:20 +0000 https://news.bitcoin.com/?p=546672 Blockchain gaming publisher Animoca Brands announced the company has raised $110 million in a funding round led by Temasek, Boyu Capital, and GGV Capital. The company raised the funds by issuing convertible notes to a handful of institutional investors. Animoca Brands Raises $110 Million From Strategic Investors Animoca Brands has raised another $110 million this […]]]>

Blockchain gaming publisher Animoca Brands announced the company has raised $110 million in a funding round led by Temasek, Boyu Capital, and GGV Capital. The company raised the funds by issuing convertible notes to a handful of institutional investors.

Animoca Brands Raises $110 Million From Strategic Investors

Animoca Brands has raised another $110 million this month after the company secured $100 million from Temasek and others, at the end of August. The latest capital raise, announced on September 8, explains that Temasek, Boyu Capital, and GGV Capital led the round, and Mirae Asset Management and True Global Ventures participated as well.

The Hong Kong-based crypto gaming, NFT, and venture capital company Animoca Brands (AB) has managed to grow via a number of investment rounds amid the crypto winter. The company’s Japanese subsidiary, known as Animoca Brands KK (Animoca Brands Japan), raised $45 million from Japan’s largest bank MUFG, and Animoca Brands KK’s parent company AB.

In the latest announcement revealed on Thursday, Animoca Brands said Temasek, Boyu Capital, and GGV Capital will provide the firm with advice and the companies will give “input on [Animoca Brands’] business and capital plans.” The Web3 and blockchain gaming publisher plans to use the fresh capital for “strategic acquisitions, investments, and product development, secure licenses for popular intellectual properties.”

Furthermore, the announcement sent to Bitcoin.com News details that the firm aims to bolster the open metaverse. Yat Siu, the co-founder and executive chairman of Animoca Brands, detailed that the company has seen notable growth during the last 12 months.

“Animoca Brands has grown significantly as a company in the last year, and our new investors will contribute strategic advice and perspective as we build the world’s leading company furthering digital property rights in the Web3 industry,” Siu said in a statement.

Web3, NFT Markets, and Interest Slide, Report Says Company Mulls IPO

Non-fungible tokens (NFTs) and Web3 have seen a considerable dip in market value and overall interest in 2022 since the highs last year. During the past 30 days, NFT sales data from cryptoslam.io indicates monthly NFT sales hit $543.77 million but are down 20.05% lower than the month prior’s $680.12 million.

On Google Trends (GT), the search term “Web3” tapped the highest score of 100 during the week of December 19-25, 2021. Data for September 4-10, 2022, indicates that the “Web3” query has a worldwide GT score of 67 today. The search term “NFT” is even lower as the week of September 4-10 shows a score of approximately 14.

Animoca Brands has managed to stave off the downturn and secured $75 million in mid-July as the company has obtained a war chest of funds during the last two years. According to a report from Forbes, Animoca Brands is contemplating a possible initial public offering (IPO). Crunchbase data indicates the blockchain gaming publisher and Web3 company has raised $775.3 million since it was founded in 2014.

What do you think about Animoca Brands raising $110 million from investors? Let us know what you think about this subject in the comments section below.

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