Global inflation mounts: How stablecoins are helping protect savings
More people are using stablecoins to hedge against inflation, as they offer numerous benefits. Go to Source Powered by WPeMatico
Investments
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Possession of Bitcoin still legal in China despite the ban, lawyer says
Crypto holders in China are protected by the law in case of theft, misappropriation or breach of a loan agreement despite the ban on crypto. Go to Source Powered by WPeMatico
Fixed interest rates to create a DeFi 2.0 for institutions, says former bank exec
In its latest seed funding Infinity Exchange investors allied behind the need for an increase in more secure institutional investment. Go to Source Powered by WPeMatico
Web3 Gaming Still Growing Despite Economic Woes, According to Dappradar Report
According to a recent report produced by Dappradar, the Web3 gaming industry has managed to raise $750 million since August 1st in spite of the crypto downturn, with several important projects registering positive numbers regarding sales and activity. Web3 Gaming Industry Thriving Amidst Economic Downturn The current economic downturn that is affecting the traditional and … Read more
Crypto’s correlation with mainstream finance could bring more bleeding soon
Since the start of the year, the crypto market’s performance has been considerably poorer than the S&P 500 and other popular indexes. Go to Source Powered by WPeMatico
Stone Ridge board approved plan for ‘liquidation and dissolution’ of its Bitcoin fund
“Effective after the close of business on October 3, 2022, the Fund’s shares will generally no longer be available for purchase,” said a Stone Ridge filing with the SEC. Go to Source Powered by WPeMatico
Blockchain Gaming Publisher and Web3 Firm Animoca Brands Secures $110 Million
Blockchain gaming publisher Animoca Brands announced the company has raised $110 million in a funding round led by Temasek, Boyu Capital, and GGV Capital. The company raised the funds by issuing convertible notes to a handful of institutional investors. Animoca Brands Raises $110 Million From Strategic Investors Animoca Brands has raised another $110 million this … Read more
SBF and the Mooch tie the knot as FTX Ventures takes 30% stake of SkyBridge Capital
Scaramucci calls Bankman-Fried part of the “small universe of outside investors SkyBridge would ever consider partnering with,” promises SkyBridge’s investment strategy will not change. Go to Source Powered by WPeMatico
Animoca confirms $110M round led by Temasek, plans new acquisitions
Singapore government-backed investor Temasek is known for crypto-related investments but is yet to do its first direct investment in crypto. Go to Source Powered by WPeMatico
Crypto investment product firm 21.co raises $25M to reach $2B valuation
Founded during the major market slump of 2018, 21Shares holds its vision that solid crypto products only grow stronger during crypto winters. Go to Source Powered by WPeMatico