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“# Softbank leads $800M investment for banking app Revolut ” Revolut, a major British banking app featuring cryptocurrency investment, has secured $800 million in a new funding round. The new investment round is led by Japanese financial giant SoftBank and United States hedge fund Tiger Global, which collectively hold around 5% in Revolut, CNBC reported…
“# NFT game creator flips Axie Infinity virtual land for 9,200% gain in one year ” Kieran Warwick, the co-founder of forthcoming NFT-powered gaming metaverse Illuvium, has revealed he made a gain of more than 9,000% from flipping a virtual plot of land purchased from the Axie Infinity metaverse. Warwick, the brother of Synthetix founder…
“# Fantasy soccer NFT platform Sorare reportedly closing in on $532M in funding ” Reports have surfaced that French NFT-based soccer trading card game developer Sorare is closing in on a $532 million funding round with a valuation of at least $3.8 billion. According to unnamed sources in Business Insider, the latest funding round is…
“# NFL’s Saquon Barkley converting endorsements to BTC to create ‘generational wealth’ ” NFL star Saquon Barkley has revealed that he will be converting all of his endorsement money into Bitcoin. Barkley was the 2018 NFL offensive rookie of the year and plays as a running back for the New York Giants — a team…
“# First look: Spike Lee’s TV ad for crypto touts it as new money for a diverse world ” Spike Lee’s new ad dubbed “The Currency of Currency” launched online today, and the two-minute spot depicts crypto as new money for a diverse world. The 64-year-old Oscar winning filmmaker directed and starred in the commercial…
“# Global payments brand Skrill expands crypto wallet services ” Paysafe, the parent company of online money transfer service Skrill, announced this week that the payment platform has integrated an additional 20 cryptocurrencies into its digital wallet, providing users with another legacy onramp to digital assets. Beginning this week, customers outside the United States will…
“# BlackRock CEO signals low demand for crypto from long-term investors ” BlackRock, an institutional asset manager that has indirect exposure to Bitcoin (BTC), has recorded a major decline in investor demand for cryptocurrency. The company’s CEO Larry Fink declared Wednesday on CNBC’s Squawk Box that BlackRock has been seeing less crypto-related queries from investors…
“# ShapeShift to decentralize entire company, plans for largest airdrop in history ” ShapeShift, a leading non-custodial cryptocurrency exchange, is planning to open-source its platform and dissolve its entire corporate structure — an unprecedented move that underscores the company’s commitment to decentralization. Largest airdrop in history As part of its decentralization pledge, ShapeShift plans to…
“# Phantom raises $9M to launch multi-chain crypto wallet ” Cryptocurrency wallet provider Phantom has secured $9 million in Series A financing to launch a new multi-chain wallet designed to help decentralized finance (DeFi) users access decentralized applications (DApps) across multiple blockchains. The raise comes on the heels of a successful beta launch in April…
“# Blockchain security firm CertiK raises $37M to combat DeFi and crypto risks ” Blockchain security firm CertiK announced Wednesday that it has received $37 million in fresh financing to expand its product and security capabilities for the cryptocurrency and DeFi industries. “We’re proud to advance transparency in the space by providing the tools and…