Socios.com is investing $100 million in Barca Studio for a 24.5% stake and aims to accelerate blockchain, non-fungible token (NFT), and digital assets innovation for FC Barcelona. Barca Studios was launched in 2019 as the club’s platform for creating and distributing video and audio content. The partnership with Socios.com will deliver more NFT and metaverse-related…
Ripple’s XRP sales increased almost 50% in Q2 vs Q1
Crypto payments infrastructure provider Ripple revealed in its second-quarter earnings report on July 28 that it saw a significant increase in the demand for its associated XRP token. Ripple continues to grow Ripple has been able to make major strides when it comes to increasing the utility of its XRP ledger and On-Demand Liquidity (ODL)…
Report: Helium caught in a web of falsehoods about its partnerships
Reports have emerged that Helium (HNT) has misled the public about its partnerships. According to the reports, the company has no collaboration with Lime or Salesforce, as it touts on its website. No Lime partnership A Mashable report revealed that Lime does not have any partnership with Helium. The transportation company has denied having any…
UK banking giant Barclays acquires stake in $2B crypto unicorn Copper
Crypto custody firm Copper has raised significant capital from one of the U.K.’s largest banks, Barclays, which is looking to acquire a stake in the firm, Sky News reported. Copper is a unicorn valued at roughly $2 billion and advised by former British Chancellor of the Exchequer Lord Hammond. According to the report, the bank…
Voyager rejects FTX ‘low ball’ offer, calls it ‘misleading’
Struggling crypto lender Voyager Digital rejected FTX’s offer to buy all its assets and refund customers in a July 24 letter due to it being a “low-ball” offer that may “hurt customers.” FTX’s liquidity offer for Voyager’s customers On July 22, FTX submitted a joint proposal that would have seen it provide liquidity for customers…
Moonsama partners with KILT protocol for SocialKYC integration
Polkadot-based NFT project Moonsama has announced that it integrated SocialKYC on its Multiverse Bridge, allowing users to sign in using their wallets instead of usernames and passwords. Moonsama integrated this feature through a partnership with KILTprotocol using its Sporran Wallet and SocialKYC credentials. The new feature allows users to log in to their Moonsama account…
New York Yankees employees can get partially paid in Bitcoin with NYDIG partnership
Bitcoin (BTC) investment firm NYDIG announced a multi-year partnership with the American baseball team, the New York Yankees, on July 14 to become the team’s official Bitcoin Payroll Platform. The deal will allow the Yankees employees to convert a portion of their paycheck to Bitcoin as part of the Bitcoin Savings Plan (BSP), NYDIG’s workplace…
Citadel Securities business development head to lead the new crypto venture firm
Citadel Securities‘ global head of business development, Jamil Nazarali, quit his position to lead a joint venture firm aiming to increase investors’ access to crypto. The venture firm is a joint effort between asset management firms Citadel Securities and Virtu Financial. The venture firm will perform like a crypto trading ecosystem and is expected to go…
Circle inks custody deal with New York Community Bancorp
USD Coin (USDC) issuer Circle has partnered with New York Community Bancorp in a deal that will see the bank’s subsidiary, New York Community Bank, become a custodian for the stablecoin’s reserves, Circle announced June 28. This collaboration marks a significant milestone for NYCB, which has become the first community bank to hold USDC reserves….
NHL enters the NFT space partnering with Marketplace Sweet
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The National Hockey League on Thursday announced its partnership with NFT Marketplace Sweet. This partnership will be the league’s first dive into digital collectibles. The partnership, of which the NHL’s players and Alumni’s association are part, will go live in October…