How blockchain is transforming fundraising for startups and entrepreneurs
Investors and entrepreneurs can create and execute investment agreements directly on the blockchain. Go to Source Powered by WPeMatico
Funding
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FTX splurged on cartoon, book about humans and ‘Pineapple House,’ alleges CEO
Thousands in grants were given out by former FTX executives for niche projects, according to a report by FTX restructuring chief John Ray. Go to Source Powered by WPeMatico
Hong Kong says Cyberport attracted 150 Web3 firms in a year
The country’s Financial Secretary says state funding and support have helped draw Web3 innovators to the digital hub. Go to Source Powered by WPeMatico
Is the cryptocurrency market about to break its 10-week losing streak?
Regulatory uncertainty and the lack of transparency on stablecoins caused crypto markets to trade at its lowest levels in 3 months. Go to Source Powered by WPeMatico
Bitcoin and select altcoins show resilience even as the crypto market sell-off continues
Regulatory enforcement against the crypto sector has spooked investors, but the total crypto market capitalization continues to hold above $1 trillion. Go to Source Powered by WPeMatico
HyperPlay raises $12M in Series A funding round
Griffin Gaming Partners and Bitkraft co-lead investors in a $12 million Series A funding round for MetaMask and Game7’s HyperPlay. Go to Source Powered by WPeMatico
Cronos Labs launches second cohort of $100M Web3 accelerator
On May 15, the chosen projects commenced the 12-week program after being granted seed funding of $30,000. Go to Source Powered by WPeMatico
Sam Altman’s Worldcoin secures $115M for decentralized ID
Funds will be used to support the decentralized World ID and the recently released crypto wallet World App. VC firms A16z Crypto, Bain Capital Crypto, and Distributed Global are investors in the round. Go to Source Powered by WPeMatico
Dispersion Capital launches $40M venture fund to ‘bring Web3 to the masses’
The firm aims to fund startups building infrastructure for Web3 and other decentralized technology projects. Go to Source Powered by WPeMatico
Bitcoin, Ethereum bears are back in control — Two derivative metrics suggest
Given the uncertainty in the macroeconomic environment, Bitcoin price bulls have no reason to bet against a six-week descending wedge pattern. Go to Source Powered by WPeMatico
