Hello crypto fellows,
It’s Friday again, although not a casual one if you take a look at breaking news. As you’ll find out: the crypto world is constantly moving back and forward in the light spectrum. From black to white with numerous shades of grey in between.
In todays’ news:
Crypto Evangelist John McAfee Found Dead in Prison
The antivirus software mogul and crypto advocate John McAfee was found dead in his cell in a Spanish prison on Wednesday. Few hours before his body was found, the Spanish court had approved his extradition to the United States.
A 75 years old entrepreneur had to be charged for crypto-related criminal tax evasion. He could face up to 30 years in prison. McAfee was held in prison near Barcelona last October.
The death investigation is going on, although McAfee’s lawyer says the mogul has committed suicide.
Coinbase Adding New Tokens: Amp and Livepeer, Welcome on Board
Coinbase is extending its cryptocurrency listings with new tokens. The US’s biggest crypto exchange added Amp (AMP) and Livepeer (LPT) tokens just hours ago. From now, both cryptos are available on Coinbase and Coinbase Pro.
AMP is an Ethereum token that offers instant collateralized payments, making them instant and secure. LPT is the native token of Livepeer, a decentralized video streaming platform on the Ethereum network.
NFT News: Reddit, Alipay and Beeple With Partners Enter the Space
Ethereum starts the testing of its long-anticipated London upgrade. The upgrade, also known as London hardfork or EIP 1559, has been launched on Ropsten testnet, which is the first of the three estimated.
London upgrade is dedicated to implementing network improvements before the upcoming Ethereum 2.0 update, planned next year. The update allows a change to the transaction fee model with burning transaction fees.
Andreesen Horowitz Launches $2.2b Crypto Fund, While Chainalysis Expands to Asia-Pacific
The crypto space is evolving with new impressive investments.
- Silicon Valley venture capital firm Andreesen Horowitz is launching a new massive $2.2 billion fund to invest in blockchain and crypto-related startups. Their “Crypto Fund III” will be the largest crypto-related fund ever since.
Andreesen Horowitz, also known as 16z, has been an early investor in companies like Coinbase, Facebook, Instagram, Lyft, and Airbnb.
- Blockchain analysis company Chainalysis is raising a $100 million funding round to expand in the Asia-Pacific region. Chainalysis’ software helps to detect cryptocurrency crime and money laundering and is one of the most used by governments and private companies worldwide.
NFT News: Reddit, Alipay and Beeple with Partners Enter the Space
NFT space is not showing signs of slowing down. The big names keep coming into the game.
- Reddit social network announced the auction of NFTs featuring its Snoo alien mascot. The collection called “CryptoSnoos” contains 3 NFTs, that later can be used as the user’s profile avatars.
- The famous Beeple is launching an NFT marketplace, which specializes in selling historical moments on the blockchain. His WeNew platform partners with the world’s news, sports, and music giants, including TIME, Universal Music Group, Warner Music Group, Wimbledon tennis championship, Endeavor, and IMG.
- China’s largest payment provider Alipay added an NFT buying service to its payment app. Sold over 16,000 copies of NFT artworks mirroring ancient frescoes. All NFT purchases were done with traditional currencies.