Tag: Blockchain
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FC Barcelona Announces Plans to Create its Own Cryptocurrency
Spanish football giant, FC Barcelona, has joined the list of sporting organizations that have embraced cryptocurrency, joining top English club Manchester City, who announced a partnership with Sony, allowing them to build a virtual replica of the Etihad Stadium in the Metaverse. FC Barcelona’s recently announced blockchain plans are not the club’s first foray into…
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Crypto Adoption: African Blockchain Lab Raises $6M Strategic Funding
African Blockchain Lab (ABL) has announced the receipt of $6M Series Pre-A investment to fund the launch of its crypto wallet VIBRA to drive the mass adoption of digital assets in Africa. The Pre-A round was co-led by a consortium of global investors, including renowned African venture capital firms Lateral Frontiers VC, CRE Venture Capital,…
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Binance Destroys $390m Worth of Tokens
Major cryptocurrency exchange, Binance has completed its 16th quarterly Binance Coin (BNB) burn, destroying over $390 million worth of BNB. On Sunday, Binance reported that it had destroyed 1,296,728 BNB tokens valued at just under $400 million at the time. The exchange noted an additional 5,163 BNB that were destroyed through its Pioneer Burn Program…