Search
Invictus Capital Announces NFT Collection to Give African Artists Global Exposure
19.12.2021
Invictus Capital has unveiled its first non-fungible token collection, called “Out of Africa,” through the Invictus NFT Lab. Through this collection, Invictus Capital will showcase fine art via blockchain technology as well as connect artists from Africa with the rest of the world....
Binance Developing Crypto Exchange in Indonesia
19.12.2021
Binance has formed a joint venture with a consortium led by Telkom Indonesia’s $830-million venture capital arm. Binance aims “to expand the blockchain ecosystem in Indonesia with the development of a new Indonesian-based digital asset exchange.” Binance Building Cryptocurrency...
African Startup Raises $6 Million From Pre-Series A Funding Round
18.12.2021
Africa Blockchain Lab recently said it has raised $6 million from a pre-Series A investment round and will use the capital to fund the launch of a crypto wallet. Driving Adoption of Cryptocurrencies An African crypto startup, Africa Blockchain Lab, recently confirmed it has received $6 million from...
South Africa’s Digital Bank Tyme Completes Series B Round With Additional $70M Capital Raise
18.12.2021
Tymebank, a South Africa-based digital bank, recently completed its Series B funding round with $70 million invested in the firm by Tencent and U.K. development financier, CDC Group. Funds to Support Tyme’s Expansion Into New Markets Tymebank, a digital bank from South Africa, recently...
Polygon, Reddit Co-Founder’s VC Firm Launch $200 Million Social Media Web3 Fund
18.12.2021
The team behind Polygon, the protocol dedicated to interconnected blockchain networks like Ethereum, and Alexis Ohanian’s Seven Seven Six venture capital company have revealed a $200 million investment fund in blockchain-based social media projects. According to the announcement,...
Crypto Biz: All I want for Christmas is Bitcoin, Dec. 9–16
16.12.2021
As the Federal Reserve keeps inflating asset bubbles this holiday season, gifting your loved ones some BTC doesn’t sound like a bad idea
Nexo partners with Three Arrows Capital to launch NFT lending & art financing service
16.12.2021
Bored Ape Yacht Club and CryptoPunks NFTs are two of the options supported as collateral for crypto credit lines on the platform
Game Developer Moonray PBC Raises $3.5 Million, Aims to Bring NFT and Blockchain Gaming to Bitcoin
15.12.2021
On December 14, Moonray PBC, the developer behind the multiplayer action-role-playing game (RPG) Moonray, announced that the project has raised $3.5 million from strategic investors. Moonray is considered the first metaverse and gaming non-fungible token (NFT) exchange built on the Bitcoin network...
Multicoin Capital Exec Says There ‘May Not Be a Crypto Bear Market at All,’ Claims ‘Bitcoin Will Get Flipped’
14.12.2021
While the crypto economy has tumbled in value during the last two weeks, the managing partner at Multicoin Capital, Kyle Samani, recently shared his views on why he thinks the “next bear market will not be like the last one.” In fact, Samani remarks that there may not even...
Assembly announces $100M capital raise, receives praise from IOTA co-founder Dominik Schiener
10.12.2021
“Assembly addresses the limitations of current scaling solutions by using the feeless base layer of IOTA as an immutable trust anchor and as a trustless bridge for feeless interoperability of smart contracts,” said Schiener
Financial Adviser Warns Crypto Is ‘One of the Biggest Bubbles Ever’ — Says ‘It’s Going to Be Ugly’
10.12.2021
The president of Payne Capital Management has warned that crypto is “one of the biggest bubbles ever.” Stressing that the crypto market is “becoming a bigger and bigger casino,” he predicts that the bubble will eventually burst and “It’s going to...
Crypto Biz: Smart money ignores BTC price correction as $800M set to flow into blockchain startups, Dec. 9
9.12.2021
Crypto- and blockchain-focused capital raises continue to make headlines as venture funds look to support the emergence of Web 3.0
Experts Believe a Common African Cryptocurrency Can Boost Trade and Sustain Growth After Covid-19
9.12.2021
Some economic experts from Africa have suggested that the continent now needs a common cryptocurrency and an integrated capital market to boost trade and sustain growth. The Importance of a Common Crypto Experts on the African economy have argued that a common cryptocurrency along with...
Hong Kong-based Chiron Partners launches $50M Terra fund
8.12.2021
Terra’s native cryptocurrency, LUNA, has emerged as one of the best-performing digital assets of the past 11 months
Crypto is a ‘Fantastic Hedge’ Against Bubble in Bonds - Pantera’s CEO
8.12.2021
Investing in crypto is a “fantastic hedge” against a bond market that will get destroyed once the US Federal Reserve stops its asset purchases, Dan Morehead, CEO of the crypto investment firm Pantera Capital, wrote in a recently published note.
According to Morehead, the Fed’s actions since...
Three Arrows buys 156K ETH in the weeks after CEO 'abandoned ETH'
8.12.2021
Only a few weeks ago, CEO Zhu Su was blasting ETH on Twitter for high gas fees and accessibility issues. Now, his company is buying the dip
Billionaire Barry Sternlicht Discusses Bitcoin Price Rising to $1 Million — Calls BTC a ‘Smart’ Hedge
8.12.2021
The chairman of Starwood Capital Group, billionaire Barry Sternlicht, has shared his view on how bitcoin could grow to be worth a million dollars a coin. He calls the cryptocurrency a “smart” hedge in a world where the government just keeps on printing money. Billionaire Barry...
Amex, Visa, Citi, Paypal Invest in Crypto Transaction Monitoring and Forensics Platform
7.12.2021
American Express’ Amex Ventures, Visa, Citi Ventures, DRW Venture Capital, Jump Capital, Marshall Wace, Block (formerly Square Inc.), and Paypal Ventures are among investors in the latest funding round of crypto transaction monitoring and forensics platform TRM. Amex, Visa, Citi, Paypal...
Russia, Ukraine Shut Down Several Cryptocurrency Farms
5.12.2021
Authorities in Russia and Ukraine have closed down a number of illegal crypto mining facilities allegedly powered by stolen electricity. The underground farms have been discovered around the capital cities, Kyiv and Moscow, as well as in the Russian republic of Dagestan. Russia Busts Illegal Mining...
Crypto Biz: Wall Street veteran launches $1.5B crypto fund, MELD ISPO shines spotlight on Cardano, Dec. 2
2.12.2021
The Crypto Biz newsletter is delivered weekly to your inbox. Join the mailing list to stay up to date on the week's biggest business stories