Blockbeat

Get your daily update on all things crypto, blockchain and DeFi with City A.M's Blockbeat from Kaitlin Argeaux

Bieber and Paltrow among celebs pouring $87m into NFT firm Moonpay

April 13, 2022

Crypto startup Moonpay has raised $87m (£67m) from dozens of celebrity investors including Justin Bieber, James Corden and Gwenyth Paltrow.
Crypto expert jailed for helping North Korea evade sanctions

April 13, 2022

A US crypto researcher has been jailed after pleading guilty to conspiring to help North Korea evade economic sanctions.
Crypto markets flat as US inflation hits 40 year high

April 13, 2022

Bitcoin remains flat - currently changing hands for $40,140 and up 0.18 per cent over the last 24 hours - cryptocurrencies such as Uniswap, Ethereum and XRP are all up by one or two per cent.
Uniswap launches venture arm in Web3 push

April 12, 2022

Uniswap Labs, the team behind the Uniswap exchange protocol, has launched a venture arm to invest in Web3 initiatives.
Exclusive: Circle plots sterling backed stablecoin after $400m capital raise

April 12, 2022

Circle, the issuer of the world's second largest stablecoin, USDC, is expanding its UK presence after securing $400m in funding.
Sorare still confident of Premier League NFT deal and preparing US sports expansion

April 12, 2022

Sorare, the NFT-based fantasy football platform valued at $4.3bn last year, remains confident of signing a deal with the Premier League despite suggestions it had missed out. The fast-growing French tech company has targeted licensing agreements with football’s top 20 leagues and already has contracts with Spain’s LaLiga and Germany’s Bundesliga. NFTs – non-fungible tokens, [...]
Zuck Bucks coming next month: Facebook’s Meta plotting its own money offering via crypto launch, NFTs and small business loans

April 12, 2022

Meta, the owner of social media giant Facebook, is plotting to bring its own digital currency to the market, Zuck Bucks, named after its founder Mark Zuckerberg. In addition, the company is reportedly also looking to launch a number of traditional banking services, such as providing small business loans. Zuck Bucks will not be a [...]
Will Bitcoin rally to hit a new ATH of $75k in 2022?

April 12, 2022

Crypto AM columnist Nigel Green predicts Bitcoin will hit an all-time high of $75,000 this year.
‘Sell Ethereum’ Google searches skyrocket as crypto markets get the jitters

April 12, 2022

Analysis of Google data reveals that online searches for 'sell Ethereum' jumped by 1,636 per cent in the UK today after the value of the world's second-largest cryptocurrency dropped 14 per cent across the week.
AXA IM bets big on metaverse with launch of dedicated fund

April 12, 2022

AXA Investment Managers (AXA IM) has launched a metaverse fund to invest in companies exploring virtual reality.