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Crypto News Summary: $40M in Crypto Seized, Hong Kong May Allow Direct Crypto Purchases, Bitcoin Group May Buy Local Bank
21.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: $40M in Crypto Seized, Hong Kong May Allow Direct Crypto Purchases, Bitcoin Group May Buy Local Bank
Celestia Raises $55 Million to Solve Blockchain Modularity Challenge
21.10.2022
Celestia, a project that aims to solve the perceived centralization problem in current monolithic blockchains, has announced it has raised $55 million in its latest funding round. The round, which was led by Bain Capital Crypto and Polychain Capital, also saw the participation of Delphi Digital...
Following launch hype, PancakeSwap wants to deploy mainnet on Aptos
20.10.2022
Developers cite business development opportunities, protocol expansion, and the technical capabilities of the Aptos chain as main reasons for the proposal
Ava Labs launches Core Web & uplifts Web3 user experience
20.10.2022
Ava Labs takes the opportunity of launching its Core Web. However, this is a collective controlling center, which will enable all users to be in a position to connect and properly utilize the numerous facilities that Web3 provides over every segment of the Avalanche network. It will also be made...
4,400 disgruntled investors are hunting for Terra's Do Kwon
20.10.2022
A retail investor group is trying to track down Terraform Labs co-founder Do Kwon following the crash of the Terra ecosystems’ cryptocurrencies
Celestia Labs Raises $55M to Build Modular Blockchain Network
19.10.2022
The combined Series A and B round was led by Bain Capital Crypto and Polychain Capital
VC-Backed Blockchain Project Aptos Reveals Protocol’s ‘Mainnet Has Arrived’
18.10.2022
A new layer one blockchain network called Aptos announced the launch of its mainnet on Monday, following a slew of capital injections from a number of venture capital (VC) firms. The blockchain protocol, crafted with a Rust-centric programming language dubbed Move, is backed by VC companies such...
Polygon announces partnership with HAECHI LABS
18.10.2022
Polygon, a decentralized Ethereum scaling platform, announces a partnership with HAECHI LABS, a blockchain wallet and security service provider. The partnership targets onboard Web2 gaming companies in Korea to the Web3 world. Supported by Samsung and Ethereum Foundation, HAECHI LABS’...
'Performing as expected' — Aptos Labs defends day 1 criticism
18.10.2022
Aptos’ blockchain claims to handle three times the amount of transactions per second than Solana but day one of its launch saw the network transacting a much lower amount
Ripple and Peersyst Devs Push XRP Toward Ethereum Compatibility With First Phase of an EVM Sidechain
17.10.2022
According to an announcement from Ripple’s core development team Ripplex, developers have introduced the first step toward Ethereum Virtual Machine (EVM) compatibility with the XRP-based sidechain XRPL. The XRPL is now live on Devnet and developers can “assess available...
‘Terra hit us incredibly hard’: Sunny Aggarwal of Osmosis Labs
17.10.2022
‘Terra hit us incredibly hard’: Sunny Aggarwal of Osmosis Labs
17.10.2022
The SEC should be aiming at Do Kwon — But it’s getting distracted by Kim Kardashian
14.10.2022
Do Kwon should be front-and-center for scrutiny from regulators. Instead, they’re getting distracted by grandstanding over Kim Kardashian
Uniswap Labs Raises $165 Million Reaching $1.66 Billion Valuation
14.10.2022
Uniswap Labs, the company behind one of the world's leading decentralized exchanges, has announced the company has raised some $165 million in Series B funding. The funding round was led by California-based Polychain Capital, with participation from longtime investors Andreessen Horowitz (a16z)...
Finder’s Experts Expect XRP to Spike to $3.81 by 2025 if Ripple Wins SEC Lawsuit
14.10.2022
Following the recent ethereum price predictions report, 55 crypto and fintech experts chosen by the product comparison web portal, finder.com, shared their forecasts associated with the crypto asset xrp, often referred to as ripple. Finder’s experts believe xrp could spike to $3.81 per unit...
Uniswap’s $165 Million Series B Capital Raise One of the Largest by a Crypto Firm in 2022
14.10.2022
Uniswap Labs, the firm behind the Uniswap decentralized exchange protocol, announced on Thursday that it raised $165 million in a Series B funding round. According to one report, the capital raise, which sees Uniswap Labs’ valuation rise to $1.66 billion, is the largest by any crypto firm...
Toy Manufacturer Mattel and Cryptoys Announce Masters of the Universe NFT Collection
13.10.2022
This week, in celebration of the 40th anniversary of the Masters of the Universe (MOTU) franchise, the toy manufacturing company Mattel announced the launch of the official MOTU digital toy collection. The new collection, dropping on November 9, will feature classic MOTU characters like He-Man...
Enterprise Crypto Wallet Startup Pine Street Labs Raises $6M in Polychain-Led Round
13.10.2022
The startup is trying to save businesses from crypto wallet purgatory
Uniswap Labs raises $165M as attention shifts to NFTs, Web3
13.10.2022
The decentralized exchange has supported $1.2 trillion in cumulative trading volume since its inception, according to founder and CEO Hayden Adams
Crypto Exchange Uniswap Labs Raises $165M in Polychain Capital-Led Round
13.10.2022
The funding will advance Uniswap’s web app, developer tools and NFT projects