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Flutterwave Raises $250 Million in Series D Funding Round, Startup Now Valued at Over $3 Billion
19.2.2022
Fintech startup Flutterwave announced recently that it has raised $250 million from its Series D funding round. The funding round, which attracted international investors, saw the startup’s value rise to over $3 billion. Capital Raised to Fund Flutterwave’s Expansion Plans...
$53 million raised for Assange showed the power of DAOs
18.2.2022
In an exclusive interview with Cointelegraph, AssangeDAO's core members explain how a decentralized autonomous organization could obtain the release of Julian Assange
Hundreds Of Sealed Retro '90s Games That Were Just Publicly Revealed Could Be Worth A Million Bucks
18.2.2022
For gaming collectors and preservationists, it’s a high score: hundreds of classic games, many of which, according to video footage of the discovery, appear to be factory sealed. The entire thing is eventually getting sold, and when it does, it could clock in as one of the big ones, potentially...
Sequoia Capital Creating $500 Million Crypto Fund for Token Investment
18.2.2022
Last October, Sequoia Capital announced intentions to deconstruct the traditional venture capital model by forming a single fund to handle all of its U.S. and European assets (including publicly-traded shares). Now it’s setting out its next steps, including a $600 million fund focused...
Maple Finance’s Loan to Alameda Research Loan Reaches $100 Million
18.2.2022
Maple finance made an announcement about the loan to Alameda Research reaching $100 million. Alameda Research received the third tranche of the loan, which accounts for nearly half of the entire loan amount so far. The lending pool reached this milestone just after a few months since the approval...
Sequoia Capital Designates $500-600 Million to Crypto Fund Focused on Liquid Digital Assets
18.2.2022
On February 17, the venture capital firm Sequoia Capital announced the launch of a new $500 million to $600 million sub-fund dedicated to “liquid tokens and digital assets.” The company noted during its announcement that the new fund highlights Sequoia’s strategic...
Ertha Metaverse Sells Rome NFT for Record $120k
17.2.2022
Ertha Metaverse looks unstoppable on its path to becoming the industry’s top metaverse. The project is already recognized as having one of the most searched-for tokens in GameFi and at the time of writing, holds a fully diluted market cap in excess of $380 million. Today its developers have...
Beetlejuice Gets 1-of-1 NFT: Exclusive One-and-Only NFT of Pop Culture Icon Is Now Being Auctioned on Goldin
17.2.2022
PRESS RELEASE. Lester Green, known to millions of fans as Beetlejuice, has been a pop-culture icon through four decades. Having initially conquered radio, television, and movies, Beetlejuice has continuously evolved and is now also a social media superstar with over 2 million Instagram followers...
PBOC Reveals Central Bank Digital Currency Usage at Beijing Winter Olympics — 2 Million Digital Yuan per Day
17.2.2022
The People’s Bank of China (PBOC), the Chinese central bank, has revealed how its central bank digital currency (CBDC) is being used at the Beijing Winter Olympics. A top PBOC official says, “It seems all the foreign users are using hardware wallets.” Digital Yuan’s...
NFT Sales Nosedive This Week as Volume Drops Close to 30%
16.2.2022
According to current metrics, non-fungible token (NFT) sales have dropped 29.35% since last week. While Ethereum and Solana are the two blockchains with the most NFT sales volume, both blockchain networks have seen NFT sales nosedive anywhere between 27% to 32% over the last seven days. Weekly...
Ethereum Web3 Wallet Rainbow Raises $18 Million From Alexis Ohanian’s Seven Seven Six
16.2.2022
The team behind the Ethereum wallet Rainbow announced the project has raised $18 million in a Series A funding round led by Alexis Ohanian’s venture capital firm Seven Seven Six. The new financing that follows the startup’s $1.5 million seed round will allow Rainbow to focus...
Animoca Brands and Venture Accelerator Brinc Launch $30 Million Play-to-Earn Guild Fund
15.2.2022
The blockchain firm Animoca Brands announced the company has partnered with the venture accelerator Brinc in order to launch a play-to-earn (P2E) Guild Accelerator Program. Both firms plan to dedicate $30 million over the next two years toward early-stage startups focused on expanding the global...
UK Seizes First NFTs in $2 Million Fraud Crackdown — Arrests 3 People
15.2.2022
The U.K.’s. HM Revenue & Customs (HMRC) has made its first non-fungible token (NFT) seizure. British authorities also seized some crypto and arrested three people in a fraud case involving 250 allegedly fake companies. “Our first seizure of a non-fungible token serves as...
First for SEC: Crypto Lending Platform Charged — Blockfi Agrees to Pay $100 Million in Penalties
15.2.2022
The U.S. Securities and Exchange Commission (SEC) has charged cryptocurrency lending platform Blockfi in a first-of-its-kind action. The crypto lender has agreed to pay $100 million to settle the charges and pursue necessary registrations. SEC Charges Crypto Lending Platform Blockfi The U.S....
Clesson Co. Ltd: The Operating Company of LABEL Foundation Receives $2 Million Equity Funding From Groom Investments and eBEST Investments & Securities
14.2.2022
PRESS RELEASE. Clesson, the operating firm of the LABEL Foundation, has received an extra $2 million in equity funding from eBest Investments & Securities and Groom Investments to advance the Web 3.0 NFT infrastructure for musicians, fans, and content producers and boost the revolution in...
BTC Liquidity Tightens as Bitcoin Held by Exchanges Hits 6-Month Low
14.2.2022
While the price of bitcoin is 38% lower than its $69K price high three months ago, the amount of bitcoin on exchanges is at its lowest figure since April 2021. At the end of July last year, there was 2.59 million bitcoin held by crypto trading platforms, and today there’s only 2.36 million...
SEC hits BlockFi with a $100 million penalty, gives 60 days to comply with a 1940 law
14.2.2022
The penalty comes after months of heightened regulatory attention to crypto lending platforms
Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Volatile Following Super Bowl
14.2.2022
Cryptocurrencies were initially in the red to start the week, despite several crypto firms securing lucrative Super Bowl ad slots. Over 100 million viewers watched the “crypto bowl” advertisements, however bitcoin prices started lower on Monday. Bitcoin BTC/USD is lower for a fifth...
Bandana Wearing Cryptopunk NFT Smashes Records Selling for $23 Million in Ethereum
13.2.2022
The Cryptopunks non-fungible token (NFT) collection has seen a new record as the NFT Cryptopunk #5822 sold on Saturday for 8,000 ether or more than $23 million. The new owner of the NFT, Deepak Thapliyal, the CEO of a blockchain firm called Chain explained that he used leverage via Compound Finance...
Cydia Dev Discloses Ethereum L2 Bug — Optimism Attacker Could Have ‘Printed an Arbitrary Quantity of Tokens’
13.2.2022
On February 10, the well-known developer of Cydia and iOS Jailbreak, Jay Freeman, otherwise known as Saurik, published a Twitter thread about a bug he found in the Layer-2 (L2) scaling protocol known as Optimism. According to Freeman, the vulnerability, which has been patched, could have allowed...