Ethereum
Dapper Labs Debuts $725M Ecosystem Fund for Flow Blockchain Development
A16z, Coatue and Union Square Ventures are all committing money. Source link
Month: May 2022
Bitcoin
UK Promises New Laws to Promote, Seize Crypto
Prince Charles promised legislation on economic crime and financial services as he formally opened a new session of parliament. Source link
Market Analysis
Maker Up 11% Despite Terra CEO’s Pledge to Kill DAI
Key Takeaways MKR, the governance token of the Maker protocol, has risen 11% Tuesday. Maker appears to be benefitting from UST’s recent de-pegging event which saw the dollar pegged asset slip to lows of $0.66. […]
Regulation
Cipher Mining Raises 2022 Hashrate Forecast by 0.5 EH/s
The firm attributed the increased hashrate guidance to improved machine allocation from rigmaker MicroBT. Source link
Ethereum
SPiCE VC Launches $250M Blockchain Fund Targeting Institutional Investors
The firm previously raised $50 million for a tokenized fund focused on financial verticals, but its second fund will invest more broadly. Source link
Bitcoin
Michael Saylor Suggests MicroStrategy Will Never Sell Its Bitcoin
Founder and CEO of business-intelligence software company MicroStrategy (MSTR) Michael Saylor has suggested there is no need for the firm to sell the large quantity of bitcoin it has accumulated. Source link
Market Analysis
UST token fell 40% off its $1 peg as LUNA crashed 50%
The TerraUSD (UST) token crashed to lows of $0.61 on Monday as it massively de-pegged from the $1 peg even as the broader crypto market bled amid the worst sell-off of 2022. UST has since […]
Ethereum
Blue Chip NFTs 101 – What Is The Proof Collective And Who’s Behind It?
The mysterious organization known as The Proof Collective defines itself as “a private members only collective of 1,000 dedicated NFT collectors and artists.” To join the Proof Collective someone would have to, you guessed it, […]
Bitcoin
Bitcoin Self-Custody Company Casa Raises $21M
The news of the fundraise coincides with the launch of Casa API. Source link
Market Analysis
Central Bank Unsure About CBDC Despite Growing Public Support
Israel’s central bank said it had received public support for its plans to introduce a digital currency in the belief it would boost the economy. The Bank of Israel (BOI) first considered launching a central […]