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Terraform Labs Donates 12 Million LUNA to Luna Foundation Guard
12.3.2022
Terraform Labs, the company behind the creation of Terra, has announced a new donation to support the ecosystem of the terra (LUNA) token. Do Kwon, CEO of Terraform Labs, announced that the company has donated 12 million LUNA (approximately $1.2 billion) to the Luna Foundation Guard (LFG) with...
Canadian Police Seize Bitcoin Worth $28 Million From Former Government Employee in Ransomware Case
12.3.2022
Canada’s police have seized bitcoin worth more than $28 million from a former government employee who has been extradited to the U.S. to “face charges for dozens of ransomware attacks resulting in the payment of tens of millions of dollars in ransoms.” Canadian Authority Seizes...
Demand for UST Keeps Rising, Luna Foundation Guard to Burn 4.2 Million LUNA From Treasury
11.3.2022
The Luna Foundation Guard (LFG), a nonprofit organization, has announced new measures to keep the supply of UST, the flagship stablecoin of the Terra ecosystem, liquid in secondary markets. The protocol has already reached the max issuance of UST per day, but demand is strong enough that...
Crypto Exchange Kraken Pledges Over $10 Million to Support Ukrainian Users
11.3.2022
Kraken is planning to hand out more than $10 million in aid for clients affected by the military conflict in Ukraine. The amount covers the fees paid by Ukrainian residents in almost a decade and will also include those withheld from Russian traders in the first half of 2022. Kraken Exchange...
Atari Buys MobyGames For $1.5 Million
11.3.2022
Atari, or at least the company currently holding the rights to use that name, announced earlier this week that it had spent $1.5 million buying MobyGames, a website most of you have probably used at one point or another in your lives without ever thinking about its monetary worth.Read more
Mega Awakening — Whale Transfers 429 ‘Sleeping Bitcoin’ From 2010 Worth Over $16.8 Million
10.3.2022
After tapping a 24-hour high at $42,592 per unit, the price of bitcoin lost the gains it gathered on Wednesday, sliding more than 5% during Thursday morning’s trading sessions. Meanwhile, as crypto prices fluctuated, an odd bitcoin transaction from 2010 was transferred at 1:45 a.m. (UTC)...
Cake DeFi Launches $100 Million Venture Across Web3, Esports, and Fintech Spaces
10.3.2022
Cake DeFi is a DeFi (Decentralised Finance) services firm based in Singapore. The firm has declared to launch a $100 million venture arm committed to serving as accelerators for Web 3.0, non-fungible tokens (NFTs), gaming, esports, and other cryptocurrency initiatives. Cake DeFi Ventures has newly...
Avalanche Foundation Launches $290 Million ‘Multiverse’ Incentives Program for Subnets
10.3.2022
The Avalanche Foundation has announced a new incentives program to support the use of subnets. The organization announced that the program, dubbed “Multiverse,” will connect developers with a fund of up to $290 million, approximately 4 million AVAX, to incentivize the growth...
African Crypto Startup, Basqet Launches Payment Gateway to Enable Businesses Accept Bitcoin – Goes Live With 118 Businesses and $1.3 Million in Transaction Volume
10.3.2022
PRESS RELEASE. Recently, blockchain payments startup Basqet announced the launch of its cryptocurrency payments gateway which will allow businesses to accept Bitcoin and other cryptocurrencies as payment. Basqet said it is launching a public beta and will be going live with 118 businesses already...
Bored Ape Yacht Club Donates $1 Million in Ethereum to Ukraine Following Community Efforts
9.3.2022
On March 8, the team behind the Bored Ape Yacht Club (BAYC) donated $1 million in ethereum to the Ukraine government’s ether wallet. The BAYC team donated the funds in order to match BAYC community members that raised nearly $1 million in donations to Ukraine as well. BAYC Matches Community...
Ukraine Has Received Close to $100 Million In Crypto Donations
9.3.2022
Ukraine's president "shares our vision" that the use of crypto could be an "economic breakthrough," according to the country's deputy minister at the Ministry of Digital Transformation
Unicef Receives $2.5 Million in Crypto for Ukraine From Binance Charity Foundation
9.3.2022
Binance Charity is donating $2.5 million worth of cryptocurrency to support the humanitarian efforts of Unicef in Ukraine. The announcement comes as the ongoing military clash with the invading Russian forces is putting more and more children at risk. Unicef to Fund Activities in Ukraine With...
Cega Receives $4.3 Million in Funding for Exotic Structured Crypto Products
9.3.2022
The next DeFi (Decentralized Finance) evolution is being built by Cega by introducing non-native capabilities to cryptocurrency. Cega Finance has raised $4.3 million from Dragonfly for this initiative. The product developed by Cega is a decentralized app created on the Solana blockchain that...
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...
Frogger Player Shatters World Record With Over 1 Million Points
8.3.2022
On February 27, software engineer Michael Smith surpassed his own previous world record for Konami’s 1981 coin-op classic Frogger, a feat which involved maxing out the game’s score counter multiple times. His new score sits at a comfortable 1,356,520, handily toppling his previous record...
Space Runners to Create the First Fashion Metaverse with $10 Million in Funds
8.3.2022
Space Runners, a popular Metaverse Fashion brand, announced a financing round of $10 million, partnering with Pantera Capital, Polychain, Jump Crypto, Accel, and various other brands, including the Chairman and Co-founder of Animoca Brands, Yat Siu, and the Co-founder of Fractal and Twitch, Justin...
2 Million Users in the Metaverse Sandbox, Is FIREPIN Token Next?
8.3.2022
Animoca Brands’ Sandbox metaverse game has topped 2 million registered players during its two alpha launches, a play-to-earn season. The crypto game, which is backed by NFTs & its SAND coin, has been in development for about four years, & the current peeks only a few months after...
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...
Immutable Raises $200 Million in Temasek-Led Series C, NFT Startup Now Valued at $2.5 Billion
7.3.2022
Following the startup’s partnership with Gamestop, the Sydney-based blockchain firm Immutable announced it raised $200 million in a Series C financing round led by Temasek. The company is now valued at $2.5 billion and Immutable plans to use the funds to scale the startup’s gaming...
In Twenty Years, Microsoft Has Only Sold 2.3 Million Xboxes In Japan
7.3.2022
Two decades ago, the first Xbox went on sale in Japan. In the U.S., Microsoft’s gaming machines have always been big hits, but that’s not been the case in Japan. To date, only 2.3 million Xbox consoles across all generations have been sold in the country. Read more