Cryptocurrency Analysis and News Portal
Major crypto exchange Binance has participated in Elon Musk’s $44 billion acquisition of Twitter, according to data filed with the United States Securities and Exchange Commission.On May 5, Musk filed an amended general statement of the acquisition, announcing that Twitter received an aggregate of about $7.2 billion in new financing
Read More
The cryptocurrency exchange has committed $500 million to finance Elon Musk's $44 billion takeover of social media platform Twitter. Source
Read More
The move comes as more VCs target India’s growing startup ecosystem. Original Source
Read More
Polygon has announced Supernet chains, pledging to invest $100 million to attract the development of customizable networks. Original Source
Read More
The metaverse fund targets business-to-consumer and business-to-business-to-consumer projects that Hedera hopes will onboard users into Web 3 and its ecosystem, with a focus on “gaming and virtual worlds, consumer brands and collectibles, sports and fan engagement and enterprise metaverse,” according to a press release. Source
Read More
The firm has also launched BessemerDAO, a Web 3 community for founders, creators and operators. BessemerDAO is meant to connect members of the crypto community for idea sharing, business development and tokenomics. The effort won’t be decentralized at first with Bessemer partners making decisions for the DAO, but the firm
Read More
The $290 million incentive fund is looking to help institutions and blue-chip projects “migrate” to the speedy, EVM-compatible blockchain. Original Source
Read More
"There’ll be ongoing discussions about that. As you know, SWIFT is a messaging service that connects 11,000 banks. And many would argue that there are ways that – that Russia – the Russian leadership could get around that over the course of time, but it certainly remains an option on
Read More
The ICON Foundation announced plans to launch an interoperability incentive program for 200 million ICX, or approximately $200 million at the time of publication. The foundation supports the development of the ICON network, South Korea’s largest public aggregator chain. The foundation said that it hopes this program will incentivize the ICON
Read More
Crypto-social platform Rally has earmarked $12 million for external developers to improve the functionality of the ecosystem, potentially setting the stage for new innovations that would benefit creators. The grants program will be distributed through RLY tokens, the native cryptocurrency of the Rally ecosystem, the company announced Friday. A community-elected developer
Read More