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BSCStation Creates $3million Fund for Decentralized-Metaverse
8.11.2021
In order to make the decentralized-metaverse a reality, a $3million fund has been created by the BSCStation. The announcement in this regard has been made by the company recently and this specific fund will be used in encouraging all activities in the ecosystem – right from fundraising...
Solana Ventures, FTX, and Lightspeed Launch $100 Million Blockchain Gaming Fund
8.11.2021
Solana Ventures, the investment arm of the Solana blockchain, FTX, and Lightspeed, a venture capital firm, have announced the launch of a joint web3 gaming initiative. The fund will have $100 million at its disposal to invest in gaming projects using blockchain-based systems in the Solana network....
Finance Redefined: Avalanche launches $200M fund, wXRP to debut on Ethereum Oct. 29–Nov. 5
5.11.2021
Avalanche Foundation showcases a six-figure ecosystem fund, wXRP set to launch smart contracts on Ethereum, and AllianceBlock joins forces with Flare — all coming to you in this week’s Finance Redefined
BTC Futures Open Interest Continues to Rise Following Bitcoin ETF Listings Last Month
5.11.2021
Bitcoin futures open interest continues to remain high after the launch of the first bitcoin exchange-traded fund (ETF) on October 22. While Binance commands $5.81 billion and leads the pack, CME Group holds the second-largest position in terms of bitcoin futures open interest (OI) with $4.1...
Solana Ventures, Lightspeed Venture Partners and FTX launch $100M gaming fund
5.11.2021
The intersection between blockchain technology, cryptocurrency and gaming is creating a new reality for gamers
Enjin wants to decentralize its metaverse with new $100M fund
4.11.2021
The Efinity Metaverse Fund will focus on seed equity investments for projects building Efinity
The Sandbox Scores $93 Million Investment Led by Softbank as Metaverse Tokens Thrive
4.11.2021
The Sandbox, a blockchain-based metaverse game, has scored an investment of $93 million to keep expanding its metaverse proposal. The funding round was led by Softbank’s Vision Fund 2, an investment vehicle that puts funds on early tech-based companies. Other investors in the round included...
Avalanche Foundation Launches $200 Million Blizzard Fund to Entice Innovation on Its Chain
4.11.2021
Avalanche Foundation, the organization behind the Avalanche chain, has announced the launch of Blizzard, a fund that will entice development and innovation on the Avalanche ecosystem. The Fund, which has $200 million available for its task, is composed of contributions coming from Avalanche...
Sanctor Capital launches $20M fund to bootstrap GameFi, DeFi projects
2.11.2021
Projects like Axie Infinity and Decentraland have shined the spotlight on GameFi, a new trend that refers to the financialization of gaming
Avalanche Launches $220M Crypto Fund for DeFi and NFTs
2.11.2021
The Avalanche Foundation recently released Blizzard, a crypto development fund for the network’s growth. The blockchain will use the 220 million dollars fund to target NFTs and DeFi opportunities. The funds comprise of contributions from the Avalanche Foundation (Singapore-based NPO), Ava Labs (New...
Avalanche creates $200 million fund to lure top crypto devs
2.11.2021
The $200 million fund aims to foster growth and innovation on the Avalanche network
Enjinstarter Announces Successful Completion of Fundraising and Pipeline of Projects for November
31.10.2021
PRESS RELEASE. Singapore-based Enjinstarter (EJS) has completed its Token Generation Exercise (TGE), raising a total of $500,000 via a collaborative fund raising effort over 4 launchpads namely Genesis Shards, Chainboost, Starter.xyz and Enjinstarter’s own launchpad. This followed...
Finance Redefined: Near’s $800M fund, Miami embraces crypto, Oct. 22–29
29.10.2021
Near protocol allocates $800 million to its DeFi ecosystem, and Immunefi raises $5.5 million to advance its security service — all of this and more coming to you in this week’s Finance Redefined
Biggest Bitcoin fund in the world could become ETF by July as GBTC nears $40 billion AUM
29.10.2021
Filing to convert GBTC now is "perfect timing," the company's ETF head argues, but concerns remain over the overall strength of the industry
Software Titan Hancom Denies its CEO Has a ‘Crypto Slush Fund’
27.10.2021
The South Korean software giant Hancom Group has angrily dismissed reports that its chairman Kim Sang-cheol has been operating a “crypto slush fund,” and is the secret owner of a token that was listed on the Bithumb exchange just months ago.
Social media groups and some media outlets have featured...
Wu-Tang Clan’s Unreleased Album Changes Hands From Martin Shkreli to an NFT Art Collective
27.10.2021
After fighting in court since 2015, the former hedge fund manager Martin Shkreli was sentenced to seven years in prison for conspiring to commit securities fraud and he was forced to pay $7.4 million in fines. One of Shkreli’s prized possessions, an unreleased Wu-Tang Clan album, was seized...
Dubai finance watchdog approves listing of Bitcoin fund
27.10.2021
The DFSA is establishing itself as an innovative regulator for the region by focusing on fintech and innovative technology
IMF Partly Blames Uncertainty in Nigeria’s Forex Market for Drop in Remittances
26.10.2021
The uncertainty that prevails in Nigeria’s foreign exchange market is partly to blame for the plunge in cross-border remittances into the country, an official with the International Monetary Fund (IMF) has said. Covid-19 Another Contributing Factor According to a report by local news outlet...
South Korean pension fund to invest in Bitcoin ETF: Report
26.10.2021
KTCU plans to invest in Bitcoin ETF products after consultation with domestic asset managers,” an exec reportedly said
Ethereum competitor Near launches $800M developer fund as DeFi competition heats up
25.10.2021
Total value locked across all decentralized finance projects topped $247 billion on Monday. Near and other smart contract platforms are looking to capitalize