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A16z has launched a new fund that seeks to invest $600 million in gaming experiences including Web3 and metaverse. The fund, which seeks to build the future of the gaming industry, aims to back several startups and projects in different areas including gaming studios, the intersection of gaming and consumers,
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Speaking at the FT Digital Asset Summit, David Raw, FCA co-director of consumer and retail policy, said that while the U.K. Treasury was enamored with “the exciting opportunities" of attracting crypto firms, his agency was focused on the risks. "I think perhaps traditionally or perhaps a little too much the
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Aura FAT Projects Acquisition Corp. (AFARU), a special purpose acquisition company (SPAC), has closed its IPO on Nasdaq and raised $115 million, with a focus on crypto industry assets.The Cayman Islands-incorporated SPAC raised an impressive $100 million during its April 13 initial public offering (IPO) plus an over-allotment of $15
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Monero is a privacy-centric protocol that masks the wallet addresses of users making it difficult for others to trace and track transactions. This is unlike bitcoin (BTC) or other cryptocurrencies, where wallet addresses and transactional behavior can be analyzed to determine the identity of their users. Source
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The funding round was co-led by Animoca Brands and Liberty City Ventures. Source
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press release PRESS RELEASE. Reef, a layer 1 Substrate based blockchain for DeFi, NFTs, and gaming, announced today it’s launching a new NFT division focused on connecting with graffiti and electronic artists while scaling up it’s blockchain to be more NFT-friendly. In the last two months, Reef has been working behind
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FTX Access will offer institutional investors access to advisory services, index products and trade execution, among other items. Source
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The fresh funding will go towards a new reserve to help strengthen the peg for the UST stablecoin. Source
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Major crypto exchange Binance has reportedly halted activities and marketing to Israelis following a request from one of the country’s financial regulators over licensing.According to a Thursday report from Israel-based news outlet Globes, the Capital Market, Insurance and Savings Authority requested Binance provide information on the services it was providing
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Everyone might be a genius during a bull market, but the real stars begin to shine when the waters get choppy. The same can be said for crypto projects and developers and once the pump is over, it's easier for investors to separate the pump and dump projects from those
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