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Abu Dhabi Global Market Regulatory Arm Unveils Document Proposing Changes to Virtual Asset Regulations
24.3.2022
The Financial Services Regulatory Authority (FSRA), a regulator in the United Arab Emirates (UAE)’s financial center and free zone, the Abu Dhabi Global Market (ADGM), has released a consultation paper that proposes amendments to regulations that govern the use of virtual assets. Regulator...
The Fed Could Take 10 Years to Get Inflation Under Control, Says Almonty Industries CEO
24.3.2022
The CEO of Almonty Industries has warned that it could take the Federal Reserve 10 years to get inflation under control if they do not act now and stop spending money. “And they need to raise rates. That’s the only tool that works,” he said. Federal Reserve Could Take a Decade...
Crypto Project Worldcoin to Raise USD 100M at USD 3B Valuation - Report
23.3.2022
Major crypto exchange Coinbase-backed startup Worldcoin is reportedly set to raise USD 100m through the sale of its tokens, valuing the total supply of the tokens at USD 3bn.
The list of investors includes prominent VC firms like Andreessen Horowitz (a16z) and Khosla Ventures, The Information...
Worldcoin to Raise $100M at $3B Token Valuation: Report
23.3.2022
The list of investors for Worldcoin's latest funding includes a16z, Khosla Ventures
Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’
21.3.2022
The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing to raise rates more aggressively. Off the heels of the first benchmark interest rate increase since...
Epic & Fortnite Players Raise $36 Million For Ukraine In Just 24 Hours
21.3.2022
Yesterday, Epic launched the next season of Fortnite, and announced that for the following two weeks all the money it makes from in-game purchases in the popular battle royale will be donated to charities supporting humanitarian efforts in Ukraine. Now, just 24 hours later, and with 13 days...
Makerdao Dev Insists Defi Protocol Should Leverage Real World Assets to Scale
20.3.2022
On March 16, the protocol engineer at Makerdao and co-founder of the software and design firm Bellwood Studios, Hexonaut, announced a proposal to use real world assets (RWAs) in order to scale the decentralized finance (defi) protocol Makerdao. Hexonaut insists the bull market was good,...
VC Roundup: NFTs, crypto mortgages, 5G network and Web3 devs raise millions
20.3.2022
From digital art to mortgages, blockchain technology is disrupting traditional industries — and attracting major investors to boot
Cricket NFT Marketplace to Raise Around $100M in Series A: Report
18.3.2022
FanCraze, the developer of a non-fungible token (NFT) marketplace trading official cricket collectibles, has raised $100 million in Series A funding
Ultiverse to Expand Metaverse Offerings in BNB Chain Ecosystem with $4.5M Raise
18.3.2022
The round was co-led by Binance Labs and DeFiance, a Three Arrows Capital platform fund
Diem team members raise $200M to launch blockchain derived from it
16.3.2022
“Since departing Meta (formerly Facebook) we have been able to put our ideas into motion, ditch bureaucratic red tape, and build an entirely new network,” Aptos stated
Ukraine’s Government Launches Official Website for Cryptocurrency Donations
16.3.2022
The Ukrainian government has launched an official cryptocurrency donation website to raise funds in support of the Ukrainian armed forces and humanitarian aid programs in the fight against Russia. The donation platform is a collaboration between the Ministry of Digital Transformation of Ukraine...
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....
Team Bringing Diem Blockchain to Life Confirms $200M Raise, Says Coinbase and More Are Building on Devnet
15.3.2022
Aptos announced the funding round Tuesday and said major crypto brands were already contributing code
$450M Raise Values Ethereum Builder ConsenSys at $7B as MetaMask Tops 30M Users
15.3.2022
The hefty Series D more than doubles the firm’s previous valuation from November 2021
Investors Predict Fed to Hike Rates This Week — Reactions From Crypto, Stocks, Gold Market Expected
14.3.2022
The U.S. central bank is expected to raise its target fed funds rate on Wednesday for the first time since the onset of the pandemic. Analysts and economists are hyper-focused on this key event, as the Russia-Ukraine conflict continues in Europe. If the Federal Reserve decides to increase the rate...
US Treasury Launching Cryptocurrency Awareness Program
12.3.2022
The U.S. Department of the Treasury is launching a cryptocurrency awareness program. “We’re just trying to raise awareness without trying to stamp out new technology and new innovation,” said an official of the Treasury. Treasury’s Efforts to Raise Crypto Awareness...
Griffin Gaming Partners Launches $750 Million Gaming and Web3 Fund
9.3.2022
Griffin Gaming Partners, a venture capital firm specializing in gaming-related investments, has revealed the launch of its second gaming-related fund. The fund, which was reportedly oversubscribed, managed to raise $750 million to support gaming initiatives, including Web3-based and blockchain...
Fundraising Platform Says It Raised and Distributed 2 Million USDT to Ukrainians
8.3.2022
A new fundraising platform whose objective is to help to raise funds for Ukrainians and the Ukraine military recently claimed to have raised 2 million of the stablecoin tether. Some of the donated crypto assets have been sent to the Ukrainian army and to a humanitarian fund that finances...
Poll Suggests ECB May Wait Until Q4 to Raise Rates, Several Banks Expect a Series of Fed Rate Hikes This Year
7.3.2022
A recently published Reuters poll suggests the European Central Bank (ECB) may wait until the last quarter of the year (Q4) to raise its first interest rate in over ten years. The poll’s author details that after the conflict in Ukraine, “fewer economists” predict the ECB will...