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Yield Guild Games Raises $4 Million to Power Its Play-to-Earn Proposal


Yield Guild Games, an online gaming guild, has raised $4 million to power its play-to-earn proposal in a Series A funding round. The funding round was led by Bitkraft, a venture capital company specializing in e-sports investments. Other blockchain and crypto-related companies also participated....

Bitdao Collects $230 Million in Private Capital From Investors


As the decentralized finance movement proves its staying power and resilience, one of the world’s largest decentralized autonomous organizations, Bitdao, has concluded a private fundraising round to promote mass adoption of open finance. DAO to Allocate Capital Towards Improving Defi...

Microstrategy Selling up to $1 Billion of MSTR Stock to Buy Bitcoin


Microstrategy Inc. is selling up to $1 billion of its common stock, MSTR, with the aim to use some of the net proceeds to buy bitcoin. The Nasdaq-listed company also recently completed a $500 million secured notes offering and will use the proceeds to acquire bitcoins. Selling MSTR Stock to...

Cryptopunk NFT Sold for Almost $12 Million in Sotheby’s Auction


A Cryptopunk NFT was recently sold for $11.8 million during an auction organized by Sotheby’s. The sale, which also featured works of other artists, was organized virtually. Sotheby’s anticipates strong demand for this kind of digital good in the future, even as NFT fever has somewhat...

Solana Seeks to Fast-Forward Blockchain By Raising $314 Million


Solana, a cryptocurrency startup, declared earlier on Wednesday that it had raised via a private sale a total of $314 million. Solana is amongst the world’s leading decentralized blockchain applications. Spearheaded by Andreessen Horowitz along with Polychain Capital, the token sale round has other...

XCarnival Secures $2 Million Seed Investment


Synthetic assets open up several opportunities for investors by not confining them to a specific location. If the concept excites you, there’s good news from XCarnival. Recently, XCarnival announced it has secured a two-million US dollar seed investment in its quest to reinvent synthetic...

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