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Kraken Ventures Raises $65 Million to Invest in Web3, Defi, Blockchain Startups and Protocols

18.12.2021
The independent investment fund led by Kraken alumni that’s focused on early-stage companies and protocols, Kraken Ventures, announced the successful closing of its first fund at $65 million. Presently, the fund holds positions in platforms like Hashflow, Pstake, Acala, Blockdaemon...

Vodafone auctions world’s first SMS “Merry Christmas” as NFT for charity

18.12.2021
The historic 15 character-long SMS will be auctioned off to help the displaced refugees across the globe

African Startup Raises $6 Million From Pre-Series A Funding Round

18.12.2021
Africa Blockchain Lab recently said it has raised $6 million from a pre-Series A investment round and will use the capital to fund the launch of a crypto wallet. Driving Adoption of Cryptocurrencies An African crypto startup, Africa Blockchain Lab, recently confirmed it has received $6 million from...

Cornell Professor of Economics: Defi Promise Is Real but Bitcoin May Not Last Much Longer

18.12.2021
A Cornell University economics professor says that the promise of decentralized finance (defi) using blockchain technology is real but bitcoin may not last that much longer. Nonetheless, he admitted bitcoin “has really set off a revolution that ultimately might benefit all of us either...

South Africa’s Digital Bank Tyme Completes Series B Round With Additional $70M Capital Raise

18.12.2021
Tymebank, a South Africa-based digital bank, recently completed its Series B funding round with $70 million invested in the firm by Tencent and U.K. development financier, CDC Group. Funds to Support Tyme’s Expansion Into New Markets Tymebank, a digital bank from South Africa, recently...

SBI Subsidiary ‘to Launch Japan’s First Bitcoin, Altcoin Fund’ for Individual Investors

18.12.2021
The Japanese financial giant and crypto heavyweight SBI Holdings has unveiled the nation’s first crypto fund for individual retail investors – although they will need to have deep pockets if they want to take part.... Read More: SBI Subsidiary ‘to Launch Japan’s First Bitcoin, Altcoin Fund’...

Polygon, Reddit Co-Founder’s VC Firm Launch $200 Million Social Media Web3 Fund

18.12.2021
The team behind Polygon, the protocol dedicated to interconnected blockchain networks like Ethereum, and Alexis Ohanian’s Seven Seven Six venture capital company have revealed a $200 million investment fund in blockchain-based social media projects. According to the announcement,...

Nifty News: Melania Trump drops NFT, Arabian Camels produces NFT film and Whitney Houston keeps selling hits

17.12.2021
NFT mania may have cooled, but the industry is still booming. Melania Trump, Whitney Houston and Applebee's made NFT-inspired headlines this week

Russia to Decide Between Full Ban and Legalization of Crypto Investments, Trade

17.12.2021
Authorities in Russia are discussing two very different approaches to the regulation of cryptocurrencies and related activities. While the Bank of Russia is reportedly seeking to introduce a ban on buying crypto assets, lawmakers are moving forward with efforts to adopt rules for mining, exchange...