Calling the crypto space ‘a very masculine area,’ Mila Kunis launches NFT project

An actress famous for her roles in That ’70s Show and Family Guy, Mila Kunis has now launched an animation on the blockchain, which developed from an interest in crypto during the pandemic.  Speaking with comedian Conan O’Brien on his Thursday show, Kunis said she had done a deep dive into cryptocurrencies and nonfungible tokens, or NFTs, during her time in quarantine. However, she was seemingly concerned about the apparent dearth of women in the space. “I felt like it was a very masculine area — like everybody that I…

Gelato Network launches ‘G-UNI’ Uniswap v3 management token

While Uniswap’s highly-touted v3 has been racing to the top of TVL charts as of late, the need for active management has kept some retail participants out of their pools — a problem that a new product from the Gelato Network is aiming to fix.  First teased in a community call last week, the Gelato Network has released today the details of their “G-UNI” Uniswap v3 management system. G-UNI aims to perpetually maintain a liquidity range of 5-10% within the current price of an asset pair, with an oracle network…

Travala launches decentralized home-sharing service — will it be the next Airbnb?

Pro-crypto travel booking agency Travala.com is releasing a decentralized property rental service. In a Wednesday announcement, Travala said it had partnered with former executives from Airbnb, Expedia, and other companies to launch Dtravel, a decentralized vacation rental platform that may serve as a competitor for sites like Airbnb and Vrbo. The platform is community governed through Dtravel’s Decentralized Autonomous Organization, or DAO, and uses DeFi to facilitate smart contracts between hosts and guests. Dtravel claims to repair “the broken relationship between hosts and guests created by existing centralized home-sharing platforms.”…

New DAO launches after $230M funding round including Peter Thiel, Alan Howard

BitDAO, a new decentralized autonomous organization, is launching after a $230 million funding round led by billionaire venture capitalist Peter Thiel. BitDAO announced its DAO launch on Tuesday in conjunction with completing a private sale from initial partners led by Thiel, Pantera Capital, Dragonfly Capital and Founders Fund. Other investors included billionaire hedge fund manager Alan Howard, liquidity platform Spartan Group, Jump Capital, Fenbushi and Kain Warwick of DeFi protocol Synthetix, among a total of more than 20 players in the decentralized finance industry. Bybit, one of the world’s largest…

Fox launches $100M creative fund for NFT content creation

Rupert Murdoch’s mass media company Fox Corp. has launched a $100 million creative fund for NFTs, under the auspices of its ne NFT firm Blockchain Creative Labs. The NFT division was unveiled last month alongside a new animated comedy series dubbed “Krapopolis” from Rick and Morty co-creator Dan Harmon. The show is set to premiere in 2022, and will be a satirical comedy focused on life in ancient Greece. Fox says he $100 million in funding will be used to support “content creators, IP owners, and advertising partners end-to-end blockchain…

French Football Federation launches official player NFTs with Sorare

With the Euro 2020 championship in progress, blockchain-based fantasy soccer game Sorare has announced the licensing agreement for a national sports association to issue nonfungible tokens of its players. In an announcement today, Sorare said the France Football Federation, or FFF, had launched its own line of player nonfungible tokens, or NFTs, prior to the team’s match against Germany on Tuesday. The French National Team — often called “The Blues” for the color of their shirts — is currently competing in the 2020 Union of European Football Associations European Football…

Multi-trillion asset manager State Street launches digital currency division

Multi-trillion dollar asset manager, State Street Corporation, has become the latest financial institution to announce the launch of a dedicated digital finance division. State Street, the second-oldest continually operating bank in the United States, announced the move on Thursday, June 10, highlighting the division’s focus on cryptocurrency, blockchain technology, central bank digital currencies (CBDCs), and tokenization. ”The financial industry is transforming to a digital economy, and we see digital assets as one of the most significant forces impacting our industry over the next five years,” asserted State Street CEO and…

Kraken launches Kusama Parachain Auction platform as KSM defies downtrend

U.S. cryptocurrency exchange Kraken has announced a “first-of-its-kind” Parachain Auction Platform enabling clients to participate directly from the exchange. In a blog post on June 8, Kraken revealed the new platform will enable users that qualify to pledge support for Kusama projects vying for a Parachain slot by staking Kusama’s KSM tokens. The rewards for contributors who support a winning bid vary and can include referral bonuses, early participation bonuses, and airdrops. Polkadot’s multi-chain ecosystem will use sharded sidechains to process transactions in parallel. These Parachains are acquired in the…

Clean-water nonprofit launches celebrity-funded Bitcoin Water Trust

Charity: water, a New York-based nonprofit with a mandate to bring clean and safe driving water to developing countries, has begun accepting Bitcoin (BTC) donations through a dedicated cryptocurrency fund — a move that could help the organization attract new donors towards its initiative.  The launch of the Bitcoin Water Trust allows charity: water to receive and hold Bitcoin donations to fund global water projects through 2025, the nonprofit announced Friday. The fund’s assets will be held entirely in Bitcoin, with the intended execution of water projects also to be…

Metaplex NFT marketplace launches on Solana

A nonfungible token marketplace by the name of Metaplex has officially launched on the Solana blockchain, highlighting the continued adoption of NFT technology. Platform developer Metaplex Foundation announced Wednesday that the new marketplace has been launched with strategic support from Solana Labs and cryptocurrency exchange FTX. The platform is designed to provide key infrastructure to the NFT community so that creators, artists and bands can easily launch customized collectibles. Metaplex Foundation says the new platform enables “perpetual royalties to be hard-coded into NFTs,” ensuring that creators always receive a portion…