Crypto Biz: Stablecoins are paving the way for mass adoption of crypto, June 2-8
Checkout.com, FTX, PayPal and Crypto.com headline the latest business news from the world of cryptocurrency and blockchain. Go to Source Powered by WPeMatico
Venture Capital
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Huobi Global launches $1B investment arm focused on DeFi and Web3
The bear market in crypto hasn’t deterred venture capital firms from investing heavily in blockchain and Web3 projects. Go to Source Powered by WPeMatico
‘Data DAO’ Delphia raises $60M Series A led by Multicoin Capital
Decentralized autonomous organizations continue to gain traction. In the case of Delphia, retail traders will be rewarded for contributing their personal data. Go to Source Powered by WPeMatico
Netscape creator says Web3 really is like the rise of the early internet
Billionaire tech entrepreneur Marc Andreessen says that the current proliferation of Web3 and blockchain technology looks just like the internet in the late 1990s. Go to Source Powered by WPeMatico
VC Roundup: The rise of blockchain gaming, DAO management and asset tokenization
Irreverent Labs, Lighthouse Labs, N3TWORK Studios, DoraHacks, iZUMi Finance, Common and Centrifuge headline the latest funding deals from the world of blockchain. Go to Source Powered by WPeMatico
Crypto Biz: Smart Money is betting big on Web3, layer 2, May 19-25
Despite the apparent bear market in digital assets, venture capital continues to allocate billions to crypto and blockchain startups. Go to Source Powered by WPeMatico
Former Binance executives launch $100 million venture fund
Old Fashion Research has been functioning since late 2021, but now officially comes out of the shadows. Go to Source Powered by WPeMatico
JPMorgan places BTC fair price at $38k, declares crypto a preferred alternative asset
The banking giant says Terra collapse did not appear to harm the VC market, and things will be looking up for crypto as long as VC stays in. Go to Source Powered by WPeMatico
Andreessen Horowitz closes $4.5 billion crypto fund amid market turmoil
The new investment vehicle will focus on early-stage ideas as well as projects that are more mature and have already shown some traction. Go to Source Powered by WPeMatico
Singapore venture firm launches $100M Web3 and metaverse fund
The startup fund, which is backed by Babel Finance and Huobi Ventures, will back emerging projects that are building for the Web3 and metaverse economies. Go to Source Powered by WPeMatico
