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SoMee.Social secures $50M investment commitment from GEM Digital

GEM Digital Limited has committed $50 million to SoMee through a token subscription facility. The blockchain-based social media platform will use the investment to increase the liquidity of native token…

An objective review of Paxful.com

Paxful is a digital wallet service and a peer-to-peer exchange, which has users in almost 200 countries and supports more than 450 payment methods to purchase Bitcoin. It is a much-needed…

Ethereum falls 9% as risk-on assets tumble on Fed Chair remarks

Ethereum (ETH) price fell alongside other cryptocurrencies and equities following hawkish remarks by the US Federal Reserve Chairman Jerome Powell. By the close of stock markets Friday, Ethereum was down…

Binance says it froze Baking Bad account after law enforcement request

Binance said it had frozen the account in response to a law enforcement request. Baking Bad claims it’s been unable to contact the said law enforcement and doubts if there’s…

Eminem, Snoop Dogg to perform Bored Ape-themed ‘Otherside’ song at the VMAs

Rap legends Eminem and Snoop Dogg are bringing their Bored Ape NFTs to the 2022 VMAs thanks to a partnership between MTV and Yuga Labs, the firm behind the “Otherside”…

Cowen expands digital assets team with key crypto-native hires

Cowen has hired former Blockchain.com Head of Institutional Development Jackie Rose and ex-Coinbase VP of Digital Asset Sales Chase Campbell. The two join the investment bank’s digital assets unit Cowen…

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