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New Zealand VC Launches $5 Million Web3 and Crypto-Focused Fund


New Zealand-based venture capital firm Global From Day 1 (GD1) recently said it had launched a $5 million Web3 and crypto-focused venture capital fund to back local startups. The fund will invest in pre-seed to Series A companies across decentralized finance (defi), decentralized autonomous...

Report: IMF Says Central African Republic’s Bitcoin Adoption Poses Risks


The International Money Fund (IMF) has added its voice to institutions and parties criticizing the Central African Republic (CAR)’s decision to adopt bitcoin. The IMF insists the adoption poses legal economic challenges not only to the country but to the region as well. CAR’s Bitcoin...

NAFSTARS Announces a Successful Fund Raise of $1․7 Million


PRESS RELEASE. NAFSTARS, a Polygon-based play-to-earn [P2E] platform that allows users to collect artist branded cards from all around the globe and from every music genre, has announced a successful fund raise of $1.7 million in seed, token pre-sale, and NFTs. This announcement comes right after...

Sequoia Capital Partner Believes Lots of VCs Will Pull Back From Crypto


Shaun Maguire, a crypto partner of Sequoia Capital, one of the venture capital firms most active when it comes to investments in the cryptocurrency space, issued its opinion on the future of many VCs investing in crypto. To him, many of the companies that are now experimenting with crypto...

Samsung Group Investment Arm to List Blockchain ETF on Hong Kong Exchange


Samsung Group’s investment arm is reportedly set to list a blockchain exchange-traded fund (ETF) on the Hong Kong Exchange during the first half of this year. The ETF will have a structure which is similar to that of BLOK, one of Amplify Holdings’s ETF products. Samsung Asset...

Ripple Onboards New Creators for XRP Ledger Under Creator Fund


Ripple has revealed the list of creators joining the XRP Ledger to bring their respective NFT projects to life. The creators have been selected as a part of the first wave of Creator Fund, a commitment that values $250 million. Projects that have been selected fall under diverse categories...

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