Visa’s latest announcement came almost two months after the company had made its first NFT purchase.
The Coinbase NFT platform will be initially available to users from the United States who are at least eighteen years old.
The United States now dominates more than 35% of the global Bitcoin hashrate. Over the last few months, China’s dominance has dropped from 65% to zero.
Yuga Labs, creators of Bored Ape, is betting big on the entertainment sector, looking to expand its popularity by partnering with the talent manager.
Through the new funding, the platform said it will “develop a new web3-native social media experience, expand the Yup community, and empower curators across the web”.
With the exchange’s large customer base, Coinbase NFT can be positioned as a competitor for established marketplaces like OpenSea.
The investments that this fund will be powering are also billed to span other tech niches including virtual reality and artificial intelligence amongst others.
Thanks to the partnership with DIFC, attendees of the NFT BAZL can bid on Amrita Seth’s fine artworks.
The move to investigate Sorare came after its most recent announcement of its partnerships with the Spanish LaLiga and the top two divisions of the German Bundesliga.
The Executive Director of Nelnet Renewable Energy, Scott Gubbels, expressed satisfaction in the partnership while stating that this would allow his firm to advance its clean energy initiative in the United States.
Elliptic said that it will use these funds for scalability, research, and platform development. It plans to increase its US team by 50% and make global expansion.
The IoTeX platform is not built on Ethereum but is completely compatible with the Ethereum Virtual Machine. That means that both ioTube and IoTeX work seamlessly with other chains.
FTX.US also plans to start supporting NFTs on the Ethereum blockchain soon.
ConsenSys gets the backing of several finance players as investors that could see the company’s valuation reach $3 billion.
Bitcoin mining has become a key industry for the state of Texas following China’s May crackdown on industrial Bitcoin mining firms.