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” DAOs: A blockchain-based replacement for traditional crowdfunding “ The crypto space witnessed phenomenal growth in 2021. Buzzwords like nonfungible tokens (NFTs), decentralized finance (DeFi) and the Metaverse broke through to the mainstream and culminated in the crypto market peaking at over $3 trillion in November of 2021. NFTs redefined arts and how they are…
” VC Roundup: Gaming, crypto fintech and blockchain infrastructure dominate venture capital rounds “ Cryptocurrency markets remain caught in a macro-based downtrend, with Bitcoin (BTC) and Ether (ETH) showing further signs of weakness at the end of April. But, venture capital activity in the crypto and blockchain sectors is the strongest it has ever been,…
” Crypto Biz: If you think crypto is bearish, you’re not paying attention, April 21–27, 2022 “ If you’re looking at the price of Bitcoin (BTC), it’s hard to be bullish these days. The flagship cryptocurrency has once again broken below $40,000, with analysts foretelling of a much bigger decline in the weeks ahead. Unfortunately,…
“NYC schools’ funding formula rejected by city panel once seen as ‘rubber stamp’” The Panel for Educational Policy has struck down New York City’s school funding formula — breaking with City Hall directives for the second time in two months. Officials from the Department of Education raised concerns that the panel’s Wednesday night vote could…
” Dragonfly Capital raises $650M in tertiary funding round “ Dragonfly Capital, a prominent venture capital corporation operating in the cryptocurrency sector, has announced its third funding round, valued at $650 million. The figure surpasses its two prior rounds of $100 million in October 2018 and $200 million in December 2020. The $650 million raise saw…
” Crypto Biz: The Web3 arms race is upon us, April 14–20, 2022 “ “Web3” used to be an empty industry buzzword that described the next iteration of the internet. In 2022, Web3 is still an annoying buzzword, but at least the blockchain community is trying to assign it real-world utility. This week’s Crypto Biz…
” Polygon launches ‘Supernet’ chains, pledges $100M to Web3 developers “ Ethereum scaling solution Polygon has launched a new network for Web3 development, pledging $100 million to early users who can help fast-track adoption. The Polygon Supernet chain gives developers the ability to build their projects in a customizable environment without hosting or operational costs,…
” SoftBank leads $60M CertiK raise as demand for Web3 security grows “ Blockchain security firm CertiK has raised $60 million in funding from SoftBank Vision Fund II and Tiger Global, further cementing its unicorn status after raising a combined $290 million over nine months. The raise comes at a time when the blockchain community…
” Public blockchain Kadena launches $100M Web3 grant program “ Proof-of-work (PoW) blockchain Kadena has launched a $100 million grant program to encourage Web3 development on its platform, potentially opening the door to more use cases for the layer-1 protocol. The grant program is an extension of Kadena Eco, an initiative designed to grow the…
” Framework Ventures allocates half of $400M fund to Web3 gaming “ Crypto-focused venture firm Framework Ventures has raised $400 million in new funding to invest in early-stage companies across the Web3, blockchain gaming and decentralized finance (DeFi) industries. The completed raise will go towards “FVIII,” an oversubscribed fund worth $400 million, the company announced…