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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
Announcing the HUMAN Grants Program: $10 Million to Fund the Next Wave of HUMAN Protocol Solutions
25.10.2021
PRESS RELEASE. The MetaHUMAN Foundation has announced a grants program to support a new generation of projects looking to adopt and build on top of HUMAN Protocol. Successful applicants will have access to an allocated fund of $10 million, to supercharge the adoption of the Protocol, and realize...
Bank of Russia Not Ready to Allow Bitcoin ETF Trading, Governor Says
24.10.2021
Central Bank of Russia isn’t prepared to admit a bitcoin exchange-traded fund (ETF) to the market, the head of the regulator, Elvira Nabiullina, told Russian media. Her statement, reaffirming the bank’s hardline stance on cryptocurrencies that has been recently criticized again, came...
Journalist and Youtuber Tim Pool Believes 1 Bitcoin Will ‘Eventually Be Equivalent to $1 Million’
23.10.2021
The American journalist, Youtuber, podcast host, and political commentator, Tim Pool, has talked about bitcoin on numerous occasions and even more so these days as the crypto asset crossed its all-time price high. After the Proshares exchange-traded fund (ETF) launched on the New York Stock...
Valkyrie’s Bitcoin Strategy ETF Debut Listing Drops Over 4% — Proshares ETF Slides 3.5%
23.10.2021
On Friday, the Valkyrie Bitcoin Strategy Exchange-Traded Fund (ETF) launched on Nasdaq under the ticker BTF and dropped in value not too long after the ETF first came out of the gate. The second bitcoin ETF to launch in the United States followed bitcoin’s spot price movements on Friday,...
Bitcoin ETF May Feel Good to BTC Enthusiasts, but Adoption May Not Advance In-Kind
22.10.2021
While cheered emphatically by the crypto community, the bitcoin ETF’s simplicity hides many drawbacks, especially for long-term investors unfamiliar with the inner workings of the futures market and the rocky results of historical ETF launches. The First Crypto’s Saga Continues...