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Yuga Labs CryptoPunks

BAYC Creator Yuga Labs Bought CryptoPunks and Meebits

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Yuga Labs, the creator of the well-known NFT collection Bored Ape Yacht Club, revealed acquiring CryptoPunks and Meebits from Larva Labs. The company published a blog post, saying that it gave full commercial rights to the community. With the purchase, Yuga Labs now owns the brands, copyright in...

Polygon outage

Polygon Network Was Down for About 11 Hours

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Ethereum Layer 2 scaling solution Polygon experienced an 11-hours long outage, started on March 10. Developers informed about the possibility of the outage beforehand, saying that there were some issues related to the network's validator layer Tendermint's implementation caused after a recent...

Santander Agrotoken grains

Santander to Present Loans Backed by Agricultural Products

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Spain-based international financial services provider, Santander revealed a collaboration with the tokenization platform for grain-backed assets, Agrotoken. The press release published by the company reveals that due to the partnership, the companies will provide loans with tokens based on soy,...

Immutable Series C investment

Immutable X Closed Series C at $2.5 Billion Valuation

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Immutable X, Ethereum's leading NFT scaling protocol, announced closing Series C round, raising $200 M. Thus, the company's valuation hit $2.5 bln. 1/ Major news: we’re thrilled to announce @Immutable has raised $200M in Series C funding @ $2.5B val.🎉We’re supercharging our mission to make...

Algorand blockchain news

Alogorand Expands Its Smart Contracts Functionality

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The blockchain protocol Algorand announced a technical upgrade to expand its smart contracts functionalities, allowing one smart contract to call another. Due to this option, developers can build more sophisticated apps. The upgrade also provided a new infrastructure that allows the protocol to...

The Sandbox Cube Entertainment

The Sandbox Partners with Cube Entertainment

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Ethereum-based virtual environment The Sandbox has revealed a cooperation with Cube Entertainment, a Seoul-based record label/talent management firm. With this step, The Sandbox will boost K-culture content, focusing on metaverse and non-fungible token possibilities. Animoca Brands, the company...

SEC NFTs

SEC To Probe the NFT Market To See If Token Sales Are Legal

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The Securities and Exchange Commission studies the NFT (non-fungible token) market to see whether the sales comply with the agency's rules. A Bloomberg report, citing people familiar with the subject, says that the focus of the probe is to see if certain NFTs and digital assets can be used to...

Electric Capital fundraising

Electric Capital Announced Raising $1 Bln

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An early-stage venture capital company, looking to invest in crypto, blockchain, fintech, and marketplaces, Electric Capital announced raising $1 B. The VC will use the funds to invest in programmable money and web 3. The sum includes a $400 M fund closed the previous year and $600 M raised last...

Animoca Brands Russian users

Animoca Brands Halts Russian Users According to a Legal Advice

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Animoca Brands, leading gamification, blockchain, and AI company makes its services unavailable for Russian users as the number of sanctions against the country is increasing for invading Ukraine. In an interview with Bloomberg, Animoca co-founder Yat Siu said that the step will affect subsidiaries...

ETHDenver 2022

Community Sums up the Largest Web 3 Event, ETHDenver

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Last week, Colorado capital Denver hosted the 5th annual Ethereum-focused hacking and networking event ETHDenver. The summit welcomed over 12,000 people from different countries, which is the record number of the event's attendees. From February 11 to 17, the kickoff and the...

DAO buy the broncos

New DAO Aims to Buy Denver Broncos NFL Team

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A group of crypto community members formed a DAO (Decentralized Autonomous Organization) to acquire National Football League team Denver Broncos. The team announced officially that it is up for sale and that the expected amount of the deal is over $4 bln. Therefore, the DAO with the name 'Buy the...

blockchain games

Blockchain Games Received $1 B in Investments in January

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A report by the decentralized applications platform DappRadar reveals that in January blockchain apps attracted $1 bln. The data show that the GameFi section has been growing. Investments in the sector have reached their peak. Investments include the $300 M investments in OpenSea, which might not...

Kickstarter

Kickstarter postpones plans to move to blockchain

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Kickstarter has revised plans to move to a blockchain protocol and move towards the crypto space after a backlash from the community. In December, the team announced the development of an open-source solution for running the platform in a decentralized environment. “We think that using everything...

Algorand Ethereum blockchain bridge

Algorand Announced a Grant While Working on EVM Compatibility

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The Algorand Foundation announced a $10 M grant as a reward among teams that will study and speed up the work needed to provide EVM compatibility on Algorand. With the upgrade, Algorand will support smart contracts written for Ethereum, thus opening up more DeFi opportunities and at the same time...

JP Morgan decentraland metaverse

JPMorgan Enters the Metaverse Buying a Land on Decentraland

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Multinational investment bank JP Morgan's Onyx platform launched a lounge in the metaverse, based on the blockchain-powered virtual world Decentraland. The platform has its native utility token MANA, which at the moment trades at around $3.3. Users can buy virtual lands, and items using crypto...

Youtube NFTs metaverse

YouTube's Look at 2022 Includes Web3, NFTs, and Metaverse

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The leading video sharing site Youtube released a blog post on behalf of Chief Product Officer, Neal Mohan. He presented what improvements and features were added in 2021, what is new and what tools and features to expect. Plans of the company include introducing new insights for video creators and...

Ethereum Optimism vulnerability fixed

Optimism Awarded $2 M for a Discovered Vulnerability

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Ethereum offchain scaling solution Optimism revealed that there was found a vulnerability in the codebase by software engineer Jay Freeman (saurik), who reported the issue. The bug would enable a hacker to print assets on any chain via a fork of go-ethereum. Optimism patched the bug, and awarded...

Gucci The Sandbox Metaverse

Gucci Acquires Land on The Sandbox

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Luxury fashion house Gucci opened a shop in the virtual environment through the blockchain-powered decentralized gaming metaverse, The Sandbox. The amount of the deal isn't known. Gucci's virtual platform, Gucci Vault will provide an engaging fashion experience. The space is visualized by the...

Blockchain is an extremely popular technology nowadays. Back in 1991, Nick Szabo has described the tech but did not find a way to bring it to life. Two decades later, in 2009, mysterious Satoshi Nakamoto realized Szabo's idea, and blockchain had become the basis of the famous Bitcoin.

And what do we have today? A system that gathers all the cryptocurrencies, that is changing the banking system and brings modifications to our everyday life. P2P transactions, distributed ledgers, and many other technical features are becoming a part of financial systems. Democratic governments are implementing blockchain in more and more fields of public administration, and this is just the tip of the iceberg. And that is the reason to become aware of these innovations.

Our platform will provide you with the latest blockchain news, will notify you about upcoming events, and give you some practical information, which will surely be useful.

It doesn’t matter you are a technical person or not if you are here on Blockchain Today, keep reading our news, be aware of the latest updates in the industry, discuss the articles with the community members, and don’t forget to find us on social media!