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Metaverse Firm Improbable Offloads Gaming Subsidiary to Keywords for $96.8 Million
18.12.2023
Source: Pixabay Metaverse startup Improbable has sold its gaming subsidiary, MPG, to Irish video game company Keywords Studios for $96.8 million. The SoftBank-backed metaverse company said in its annual statement published today that it had completed the sale of its games services subsidiary...
Softbank Looking to Invest Billions in AI After Pausing Crypto Investments
18.9.2023
Softbank, one of the largest investment management conglomerates in the world, is reportedly eyeing several investments in the artificial intelligence (AI) field after having paused its crypto investments. According to the Financial Times, Softbank founder and chief executive officer Masayoshi...
Leading Venture Capital Firms Including Softbank and Sequoia Named as Defendants In Fresh Lawsuit for Links With FTX
9.8.2023
A class-action lawsuit filed in the United States District Court for the Northern District of California has named 18 venture capital investment firms as defendants for their links with the bankrupt crypto exchange FTX.
The lawsuit has named major VC firms as defendants, including Temasek, Sequoia...
Temasek, Sequoia Capital, Softbank and 15 VCs face lawsuit for “abating” FTX fraud
9.8.2023
The lawsuit alleged that these VC firms made many deceptive and misleading statements about FTX while encouraging customers to invest in the exchange for their personal gain
Gaming Network Oasys Onboards Japan Conglomerate SoftBank as Network Validator
16.2.2023
In the next batch of validators, four more companies will be joining the network, bringing the total to 25
FTX crisis feeds the Twitter rumor mill with hot takes and conspiracy theories
10.11.2022
Exciting times lead to exciting posts, many of which bring up valid questions, and maybe some less valuable answers
SoftBank, Deutsche Telekom Back $300M Fund With Web3 Component
20.9.2022
The fund from DTCP launched in March and is still raising money. It is expected to close in 2023
SoftBank Reports Record Quarterly Loss
8.8.2022
The decline was attributed to the global sell-off in tech stocks
3AC liquidators seek time, access to headquarters as Genesis, Algorand ties are untangled
18.7.2022
In a court filing in Singapore, 3AC's liquidators seek to slow down an expected onslaught of suits while they figure out the company’s complex financial dealings
SoftBank, GGV Lead $66M Round for Web 3 Infrastructure Firm InfStones
1.6.2022
The provider of an Amazon Web Services-like platform last raised $33 million in February
SoftBank leads $60M CertiK raise as demand for Web3 security grows
22.4.2022
Web3 is generating a lot of opportunities for blockchain-native businesses, but it’s also creating serious security vulnerabilities
Robinhood Domesticates Shiba Inu, Changes for Celsius Users in US + More News
12.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Robinhood Domesticates Shiba Inu, Changes for Celsius Users in US + More News
DeFi Firm BloXroute Raises $70M to Fund Expansion in SoftBank-Led Round
12.4.2022
The investment will enable the company to add to its team and extend its reach
Andreessen Horowitz, SoftBank Lead $150M Raise for Metaverse Startup Improbable
7.4.2022
The multiplayer services provider is accelerating its push into the metaverse
Community Gaming Raises $16M in SoftBank-Led Round to Expand Crypto Esports
7.4.2022
The competitive gaming platform is expanding into Latin America and Southeast Asia
Japanese Software Giant Line Plans to Launch NFT Market Next Month
24.3.2022
The Japanese social media and messenger software firm Line Corporation has announced the company is introducing a non-fungible token (NFT) marketplace on April 13. Line detailed on Wednesday that the market will be called “LINE NFT” and it will showcase “more than 100 types...
Investors Inject $450 Million Into Consensys, Ethereum Incubator Now Valued at $7 Billion
15.3.2022
The Ethereum software firm Consensys has announced the incubator has raised $450 million in a Series D funding round led by Parafi Capital. The latest financing brings the company’s valuation to over $7 billion, following the $200 million Series C raise Consensys secured last November....
Report: Softbank’s Internet Firm Z Holdings Plans to Launch NFT Mall in 180 Countries
11.3.2022
Z Holdings, the internet subsidiary of the Japanese conglomerate holding company Softbank, is planning to launch a global non-fungible token (NFT) marketplace this spring. Z Holdings’ “NFT Mall” aims to target 180 countries and leverage the firm’s Paypay service in order...
Softbank backed startup to offer retail crypto trading
8.2.2022
DriveWealth aims to be a crypto liquidity provider to compete with Coinbase while giving its partners’ retail clients the ability to trade crypto on their platforms
Polygon Raises $450 Million From Sequoia Capital India, Softbank, Shark Tank’s Kevin O’leary
7.2.2022
The blockchain project Polygon announced it has raised $450 million on Monday in a fundraising round led by Sequoia Capital India with participation from more than 40 venture capital firms. Polygon says that the money will allow the team to help scale Ethereum and bolster the mass adoption of Web3...