Grayscale Investments Files Claim over Ethereum Proof of Work Token after the Merge

Grayscale Investments, a leading investment partner for digital currencies is set to distribute Ethereum Proof of Work (ETHPoW). The distribution will come following the “Merge’’ as a result of a fork in the Ethereum blockchain and is set to take effect on September 26, 2022.   According to filings, Grayscale Trust currently has approximately 3,059,976.06309448 … Read more

Fintech Banking Platform TrueLayer Says it will Reduce 10% of its Workforce

Global Open Banking platform, Truelayer has announced its intention to reduce its workforce by 10%, following a blog post published by the fintech firm earlier this week. Francesco Simoneschi, CEO and co-founder of TrueLayer, stated that the layoff was made public during an all-hands meeting last Thursday with the team. While it was reaffirmed on … Read more

Animoca Brands Reached Agreement to Acquire Game Developer WePlay Media

On September 16, according to the official announcement, Blockchain gaming, and investment company, Animoca Brands announced that it has acquired WePlay Media, the developer of MotoGP Championship Quest, and reached a membership rights purchase agreement. WePlay Media is the sole shareholder of the Official License of MotoGP™. MotoGP Championship Quest, the main mobile game under … Read more

Ukrainian Retailer VARUS Partners with Binance Pay to Launch Crypto Payments

On September 16, Binance announced on its official Twitter page that it has cooperated with Ukrainian food chain retailer VARUS to launch cryptocurrency payments. Customers can now order groceries online and pay their bills through the Binance Pay wallet. Binance said the move will allow the community to enjoy seamless crypto payments with fast delivery … Read more

What are the Benefits of Cryptocurrency?

The development of the Bitcoin blockchain in 2009 marked the beginning of the cryptocurrency asset class. The main advantage of Bitcoin and the majority of other cryptocurrencies built on the blockchain is that they lack a central authority, a payment processor, or a firm owner. In simple words, cryptocurrency is a digital asset spread among … Read more