You are now subscribed to our newsletters. In case you can’t find any email from our side, please check the spam folder. Studio behind ‘early access’ crypto game Blankos Block Party banks monster $1.25B valuation from a16z A16z Crypto has been minting plenty of NFT unicorns this year. In July, they backed NFT marketplace OpenSea at a $1.5 billion valuation. They participated in a September raise for NBA Top Shot-maker D Rational regulation is key to US competitiveness in the fintech race With all the focus on the technology race between the U.S. and China, little attention has been paid to who will lead the innovation and control the technology behind international payments systems? Hybe, the South Korean agency behind K-pop megastars BTS, announced today that it plans to set up a joint venture with Korean crypto exchange Upbit to enter the non-fungible token (NFT) business. Hyb The market is speaking with activity numbers that lower-priced, more-useful NFTs connected to an interactive world can generate not only lots of economic value, but also lots of fans. Chipper Cash gets $2B valuation with $150M extension round led by FTX Chipper Cash, an African cross-border payments company, has raised $150 million in a Series C extension round led by Sam Bankman-Fried’s cryptocurrency exchange platform FTX. The investment comes ba The factors that have determined whether art trends become art history are receiving scant attention amid the NFT writing of today. A new venture studio, SuperLayer, aims to become a preeminent Web3 launch pad There’s a new venture studio in the world that looks rather different from earlier venture studios from a structural standpoint. Unlike renowned outfits like Atomic or Science or Expa that create co Patreon confirms it’s exploring crypto as a way for creators to make money Patreon CEO and co-founder Jack Conte and Chief Product Officer Julian Gutman spoke on a panel at The Information’s 2021 Creator Economy Summit yesterday, where they were asked about the member Beta Finance, which offers one-click option to short crypto assets, raises from Sequoia Capital India and others Beta Finance, a decentralized finance protocol that has developed a one-click solution for lending, borrowing and shorting of any crypto asset, said on Friday it has raised $5.75 million across its pr Robinhood’s nasty quarter shows the ups, downs of trading incomes Robinhood's crypto revenues dropped like a stone. And that matters quite a lot for other companies. “The Ruin stirs, and the Five Realms rumble,” a now-archived web announcement read on Thursday morning. “You are cordially invited to join New York Times bestselling and award-winning authors Ma Australian QuintessenceLabs grabs $25M to scale quantum-safe cybersecurity solutions As computing power increases exponentially, the ability to secure our data against brute force and other types of attacks gets more complicated, with the scale and sophistication of cyberattacks conti Nigeria follows China’s footsteps in piloting digital currency Central banks control the circulation and supply of money globally, but the phenomenal rise of cryptocurrency poses a threat to their authority, control and power. So central banks around the world ar Ethereum and the emergence of Web 3.0 paint a shifting picture -- an internet not just private, but open and transparent by default. Citcon raises $30M to make paying with mobile wallets ‘as easy as paying with a credit card’ Citcon, a mobile wallet payment provider, has closed on $30 million in funding in a Series C round co-led by Norwest Venture Partners and Cota Capital. Sierra Ventures and Sonae IM also joined the f NFT sci-fi card game Parallel raises at $500M valuation from Paradigm It’s no secret that NFTs have been a hot space for crypto speculators in the Ethereum ecosystem to diversify their holdings, and while some see a golden opportunity to shill bad art to suckers, Sam Altman’s Worldcoin wants to scan eyeballs in exchange for crypto As investors race to capitalize on surging interest in cryptocurrencies, startups are getting creative in how they onboard a generation of crypto users to their first wallets. Worldcoin is perhaps one The NFT craze of the past year has triggered an avalanche of crypto capital flowing into art, trading card games, luxury avatars and digital objects, but so far, institutional investment firms have la Element Finance raises $32 million for its DeFi fixed rate protocol Element Finance has raised a $32 million Series A round at a $320 million valuation. The company has been building a new DeFi (decentralized finance) protocol on top of the Ethereum blockchain. It let Facebook is launching a small pilot of its cryptocurrency wallet named Novi. A limited number of people in the U.S. and Guatemala can sign up to Novi and start using it. Facebook is a founding member
The total volume in DeFi is currently $18.79 billion, 14.52 per cent of the total crypto market's 24-hour volume. The volume of all stable coins is now $98.31 billion, which is 75.96 per cent of the total crypto market's 24-hour volume. Bitcoin’s dominance stood at 43.55 per cent, a decrease of 0.17% over the day.
