Ryan Kavanaugh’s Media Firm Secures $100 Million Investment for Crypto Project

Film producer Ryan Kavanaugh’s media firm Proxima Media has reportedly earmarked a $100 million investment for a cryptocurrency project. United States-based film producer Ryan Kavanaugh’s Proxima Media has unveiled a $100 million investment for a cryptocurrency-based film funding tool, entertainment industry news outlet TheWrap reported on May 23. Per the report, Proxima Media — which […]

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Gaining Mass Adoption: Blockchain Platform Converts Users Fame Into Coffee and Clothes

sponsored A blockchain platform says it will offer a way to buy concert tickets, clothes and coffee with crypto. Mithril, a decentralized platform that rewards content creators on social networks, told Cointelegraph that they are working on expanding the acceptance of its MITH token merchant network into different categories, such as coffee shops, restaurants, sports […]

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Tron Acquires Blockchain App Store CoinPlay

Tron, issuer of the 11th top cryptocurrency by market cap, has acquired blockchain app store CoinPlay. The Tron Foundation, the firm behind TRX, the 11th top crypto by market cap, has acquired blockchain app store CoinPlay, Tron’s CEO, Justin Sun, tweeted on March 28. With the new acquisition, Tron intends to contribute to the aggregation of […]

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Token 2049: Vitalik Buterin Says Non-Financial Blockchain Use Cases Are a ‘Harder Pitch’

Vitalik Buterin says that blockchain applications outside of finance face more difficulty gaining traction. Ethereum (ETH) co-founder Vitalik Buterin says that blockchain applications outside of finance face more difficulty gaining traction, as the primary added value they offer is decentralization. Buterin made his remarks during a speech at crypto event Token 2049 in Hong Kong […]

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South Korean Kakao Corp’s Ground X Plans to Extend ICO After Raising $90 Million

The next phase of the fundraising could occur this week, an executive told Bloomberg, on behalf of the company’s blockchain project. The crypto unit of South Korea’s largest internet conglomerate Kakao Corp will repeat its initial coin offering (ICO) after netting $90 million from investors, Bloomberg reported on Mar. 11. Klaytn, the blockchain platform which […]

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