Cryptocurrency Update
/Crypto Gaming United raises US$5m in seed round
Crypto Gaming United, a Gamers Coalition in the play to earn market has raised US$5 million in an oversubscribed seed round. Venture capitalist Mark Carnegie and blockchain expert Sergei Sergienko led the capital raising with Shaw and Partners and Blockchain Assets. The company is a gaming guild set to build a global community of play-to-earn gamers who play non-fungible token(NFT)-based online video games like Axie Infinity. Players receive in-game rewards.
Carnegie and Love form strategic partnership
Mark Carneige and fund manager Ian Love of Blockchain Assets have partnered to seek out the next big things in the cryptocurrency market. The Blockchain Early Opportunities Fund has returned over 470 per cent to investors in FY20-21. The fund is Australia’s first cryptoasset fund, investing in a range of cryptocurrencies, crypto commodities, crypto securities, non-fungible tokens and tokenised assets.
Volt and BTC Markets (BTCM) join forces for digital asset investments in Australia
Australia’s first neobank, Volt, has teamed up with digital currency exchange BTC Markets to offer BTCM customers confidence when investing in digital assets. The partnership provides integrated banking capabilities to BTCM with at first real-time notifications and payment automation.
BTCM will invite customers to open Volt bank accounts to improve real-time trading. BTCM customers will then use their embedded Volt accounts, which are covered with the protection of up to $250,000 per account holder under the Financial Claims Scheme. The partnership is the first of its kind between a bank and a digital currency exchange, with Volt the only independently owned retail neobank with an unrestricted ADI licence in Australia. Volt is chaired by former HSBC Australia chairman, Graham Bradley AM.
Is Twitter enabling Bitcoin and Ethereum tipping?
It seems Twitter is developing functionality to enable tips to be paid using Bitcoin and Ethereum, by allowing users to add cryptocurrency addresses to their profiles. The latest update is understood to be part of Twitter’s Tip Jar feature introduced in May 2021. Reports earlier this week indicated Twitter would enable Bitcoin tipping for content creators.
