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Moonbirds COO Leaves Project for New Fund – With $1M in NFTs in Tow
25.4.2022
Founder Kevin Rose addressed the controversial exit of Ryan Carson, the project’s chief operating officer, in a Twitter Spaces on Monday
Samsung Participates in Series A Round That Raised $25 Million for a Metaverse Startup
25.4.2022
A Korean metaverse startup, Doubleme, is said to have raised $25 million in a Series A round that saw the leading South Korean electronics manufacturer Samsung Electronics take part. Capital Raised to Fund Marketing Efforts The South Korean electronics and smartphone maker Samsung is reported...
SkyBridge goes all in on crypto, betting on ‘tremendous growth’ ahead
25.4.2022
"For us, we think the cryptocurrency markets represent tremendous growth,” said SkyBridge founder Anthony Scarramucci
IMF: India Is on the Frontline of Digital Currencies — Especially How It Handles Crypto Risks
24.4.2022
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says India is “a country that is on the frontline of digital currencies,” especially “how it handles a reduction of risk from crypto assets for the Indian people and businesses.” She met with Indian...
Polygon Reveals Supernets Project to Bolster Web3 Adoption, Pledges $100 Million to Early Users
23.4.2022
On April 22, the layer two (L2) scaling network Polygon introduced the new Supernets network, a blockchain protocol that’s built to bolster Web3 technology. Furthermore, Polygon is pledging $100 million to early Supernet users “who can help fast-track adoption.”...
Kadena Launches $100 Million Grant Fund to Develop Web3 Experiences
23.4.2022
Kadena, a proof-of-work-based cryptocurrency that also has the possibility of supporting smart contracts, has announced a new set of grants directed to incentivize the creation of Web3 experiences. This $100 million grant fund is part of the Kadena Eco initiative, whose objective is to offer...
Fidelity Launches Multi-Level Learning Center in Metaverse
23.4.2022
Fidelity Investments, a major financial services firm with $11.3 trillion in assets under administration, has entered the metaverse with the opening of an eight-story learning center and the launch of a metaverse exchange-traded fund (ETF). The Fidelity Stack features “a multi-level design...
Bailout Fund, Backstop or Bouncy Ball? Here's How LFG's Bitcoin 'Reserve' Might Work
22.4.2022
Developers of the fast-growing stablecoin UST say the coin's $1 value peg isn't "backed" by anything – just a blockchain-based algorithm. So why does it need a multibillion-dollar bitcoin reserve, in case of an emergency? How would that work?
IMF Official: Regulating Crypto Assets Is High on the Agenda for India
22.4.2022
A director at the International Monetary Fund (IMF) says that crypto regulation is “certainly high on the agenda” for India. “We are trying to come up with global standards for #crypto asset regulations. I think that’s important for India to also adopt,” said...
Kadena Launches $100M Grant Fund to Support Early-Stage Builders
21.4.2022
Next Earth Launches ‘Metaverse as a Service,’ Plans $60M Venture Fund
21.4.2022
The metaverse has a new company, Limitless, with big plans to build out a virtual planet
Tower 26 Venture Fund Raises $50M for VR Games, Metaverse: Report
21.4.2022
The fund is led by a veteran game investor, and former studio executive Jon Goldman
Sanctioned Russia, Iran May Turn to Crypto Mining to Monetize Energy, IMF Says
20.4.2022
Nations like Russia and Iran may utilize cryptocurrency mining to monetize their energy resources and circumvent sanctions, the International Monetary Fund predicts in a report. Repercussions of the war in Ukraine continue to reverberate globally and cryptoization is one of the effects, the...
Optimism for US Spot Bitcoin ETF Grows With Approval of Teucrium Futures Fund
20.4.2022
Some industry participants and observers see the Teucrium decision as opening the way for a spot bitcoin ETF to finally win SEC approval
Windvane and KuCoin Ventures Launch Creators Fund of $100 Million to Web 3.0 Universe
20.4.2022
KuCoin is a cryptocurrency exchange platform spread across the globe with a presence in 207 countries and regions. It was launched in September 2017 and has successfully registered around 10 million users. Around 600 digital assets are listed on KuCoin, ranking the platform in the top five Crypto...
Framework Ventures allocates half of $400M fund to Web3 gaming
19.4.2022
Like DeFi in 2020, gaming is considered by many to be the next major growth play for the blockchain industry in 2022
Australia to List Bitcoin ETF After 4 Clearinghouse Participants Commit to Meet Stringent Margin Terms
19.4.2022
Australia is set to get its first bitcoin exchange-traded fund (ETF) after a report suggested the country’s clearinghouse, ASX Clear, confirmed that four market participants agreed to meet its stringent margin requirements. ASX Clear’s Margin Requirements An Australian clearinghouse...
Framework Ventures Launches $400M Fund to Back Web 3 Gaming, DeFi
19.4.2022
The crypto investment firm now has $1.4 billion in assets under management
KuCoin Launches USD 100M NFT Fund to Empower Artists, Lower Barriers for Users
19.4.2022
Major international crypto exchange KuCoin has launched a USD 100m fund to support artists behind early-stage non-fungible token (NFT) projects across a variety of niches....
Read More: KuCoin Launches USD 100M NFT Fund to Empower Artists, Lower Barriers for Users
KuCoin-backed companies launch $100M Web3 developer fund
19.4.2022
The fund will support early-stage NFT projects that are contributing to the growth and development of the Web3 economy