a16z Crypto Leads $50 Million Funding Round for VeeFriends NFTs
a16z crypto – the crypto-focused arm of VC firm Andreesen Horowitz – is leading a $50 million funding round for the VeeFriends Non-Fungible Token (NFT) Project. The funding will help…
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Russia Has Received Over $2 Million in Cryptocurrency Donations, Chainalysis Says
What’s sauce for the goose is sauce for the gander —the Russians told the Ukranians. On July 29, Chainalysis released a report indicating that several pro-Russian groups have raised more…
Variant Raises $450M for Web3 Startups Focusing on Early-Stage Projects
Web3 venture firm Variant has raised a $450 million umbrella fund, including a $150 million seed fund for early-stage projects and a $300 million to support teams “with demonstrated traction…
Ledger Adds Support for 100 Cardano Native Tokens
Leading hardware wallet provider Ledger has expanded support for the Cardano ecosystem, allowing users to manage 100 such native tokens on their Ledger Live app while leveraging the security of…
Axie Infinity CEO Denies Accusation of Insider Trading
Trung Nguyen – Co-Founder and CEO of Axie Infinity – said the accusations against him of being engaged in insider trading are “baseless and false.” However, he admitted transferring $3…
Voyager Ordered by Fed to Stop Misleading Customers About FDIC Protection
The insolvent crypto brokerage firm Voyager has been contacted by both the Federal Reserve and Federal Deposit Insurance Corporation (FDIC). Both bodies have demanded that the company correct all misleading…
Ripple’s Q2 Report Shows 50% Increase in Sold XRP
The blockchain company – Ripple – announced that it had a successful second quarter of 2022 since it inked numerous strategic partnerships and expanded the use of its On-Demand Liquidity…
Bitcoin Miners’ Balance Hits 4-Year High: Glassnode
Bitcoin miners’ balance has reached a four-year high. According to Glassnode’s latest data, the figures have surpassed 1,845,303 BTC. Bitcoin Miners Hodling Again From the great Chinese migration in 2021…
Brasil Santander to Launch Crypto Services as Customer Demand Grows
Banco Santander (Brasil) – the Brazilian arm of the Spanish banking giant – revealed intentions to offer cryptocurrency services to clients. By doing so, the company will join a range…
Cardano’s Vasil Hard Fork Delayed Again
Cardano’s much-anticipated Vasil hard fork has been pushed to a few more weeks. The team is yet to specify a timeline. In a monthly update, Kevin Hammon, Technical Manager of…
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