Meta files trademarks for crypto tokens, wallets, exchanges
Meta, formerly Facebook, filed eight trademark applications on Friday for its logo to cover a wide range of digital purposes, including cryptocurrency tokens, wallets, and exchanges.
Among the eight trademark filings, six explicitly refer to cryptocurrency and blockchain-based technologies.
Amazon introduces a metaverse-like game for learning AWS
Tech giant Amazon announced launching a 3D web game AWS Cloud Quest: Cloud Practitioner with a Metaverse-like theme.
The goal for Amazon is to impart cloud computing skills, increase awareness and boost the adoption of its cloud services.
Top 10 Daily Gainers – DeFi Category
GameStop has confirmed its integration with Loopring (LRC), an Ethereum Layer 2 zkRollup protocol designed for powering decentralized cryptocurrency exchanges, into their highly anticipated NFT marketplace.
Following the publication of the above information, the price of Loopring’s LRC token grew by 29.29% to $1.105. This asset has gained 53.8% only after 1 week. With these achievements, LRC is now leading the Top Daily Gainers on the ONUS app. Following behind are GRT (up 6.54%), GALA (up 5.93%), and QUICK (up 4.8%),…
Qualcomm launches $100 million venture fund to invest in the Metaverse
Qualcomm Inc., best known as a supplier of chips for smartphones, is setting aside $100 million to invest in companies that develop new technologies for the metaverse, a virtual world where people can interact, work and shop.
Avalanche announced launching new ‘Core’ wallet
Avalanche announced it will launch its own wallet application, called Core. The Core wallet will incorporate native Avalanche bridging functionality, which enables users of the wallet to directly interact with decentralized applications (dapps) on the Avalanche blockchain.
Crypto exchange MEXC Global leads $150M Fetch.ai development fund with Huobi, Bybit
Cryptocurrency exchange MEXC Global has launched a $150 million development fund for Fetch.ai, a blockchain-based machine-learning platform, along with peers Huobi and Bybit.
The money will go toward encouraging developers to build on the platform.
FTX acquires Good Luck Games amid gaming push
Cryptocurrency exchange FTX has acquired Good Luck Games, developer of the upcoming card battle game Storybook Brawl for an undisclosed amount. Good Luck Games will be integrated into FTX Gaming following the acquisition.
Yuga Labs secures a16z board member, $450 million and reached a $4 billion valuation
Yuga Labs announced that they collected $450 million at their seed funding. Andreessen Horowitz’s a16z crypto fund led the round. Game studio Animoca and its subsidiary The Sandbox; investment firms LionTree and Thrive capital and big crypto players like FTX and MoonPay also participated in the funding.
According to the Yuga Labs team, the amount they collected is the biggest valuation for a seed round investment. Additionally, the company confirmed that this capital would be spent to build their game-based metaverse and scale the team.
FTX invests $100M in banking app Dave, forms partnership for crypto payments
Dave (DAVE), a publicly-traded banking app, has made a strategic partnership with FTX US, the stateside arm of cryptocurrency exchange giant FTX. The company also received a $100 million investment from FTX Ventures, the exchange’s $2 billion venture capital fund.
FTX US and Dave are currently exploring how to introduce digital asset payments onto Dave’s platform. In addition, FTX US will serve as the exclusive partner for any crypto offerings.
$2.6 billion worth of BTC left cryptocurrency exchanges in March
A massive volume of BTC left centralized exchanges tracked by Glassnode in March. According to the on-chain data provided, traders and investors removed approximately 61,000 BTC from trading platforms to their private wallets or exchanged the cryptocurrency for fiat.