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Crypto

Bitcoin and ether slide as China intensifies crackdown on cryptocurrencies — CNBC

The declines come after the People’s Bank of China said all crypto-related activities are illegal, writes Ryan Browne. Here is the link: https://www.cnbc.com/2021/09/24/bitcoin-ethereum-sink-as-china-intensifies-crypto-crackdown.html

NFTs, explained — The Verge

What is an NFT, anyhow? Mitchell Clark explains beautifully: https://www.theverge.com/22310188/nft-explainer-what-is-blockchain-crypto-art-faq

SoftBank leads $680 million funding round in NFT fantasy soccer game Sorare — Reuters

Blockchain-based fantasy soccer game Sorare has raised $680 million in a funding round led by SoftBank, writes Elizabeth Howcroft. Here is the link: https://www.reuters.com/technology/softbank-leads-680-million-funding-round-nft-fantasy-soccer-game-sorare-2021-09-21/

El Salvador bought $21 million of bitcoin as it becomes first country to make it a legal currency — CNBC

El Salvador bought 400 bitcoin worth about $20.9 million, one day before it formally adopts the world’s most popular cryptocurrency as legal tender, writes...

Simba Chain raises $25M

Blockchain startup Simba Chain has closed a $25 million Series A funding round.