Auto Added by WPeMatico

Investors Inject $450 Million Into Consensys, Ethereum Incubator Now Valued at $7 Billion

The Ethereum software firm Consensys has announced the incubator has raised $450 million in a Series D funding round led by Parafi Capital. The latest financing brings the company’s valuation…

Continue ReadingInvestors Inject $450 Million Into Consensys, Ethereum Incubator Now Valued at $7 Billion

Crypto Economy Recaptures $2 Trillion, Bitcoin Moves Back Into the World’s Top 10 Most Valuable Assets

The crypto economy has jumped back above the $2 trillion mark after falling below that value in mid-January. Statistics indicate that the USD value of all 12,440 coins across 544…

Continue ReadingCrypto Economy Recaptures $2 Trillion, Bitcoin Moves Back Into the World’s Top 10 Most Valuable Assets

Microsoft Reveals Activision Purchase for $68.7 Billion as an Approach to the Metaverse

Microsoft, the software behemoth, announced today it had completed a deal to acquire Activision Blizzard, one of the biggest game developers and publishers in the gaming world. The deal, which…

Continue ReadingMicrosoft Reveals Activision Purchase for $68.7 Billion as an Approach to the Metaverse

Kucoin Labs Launches $100 Million Metaverse Investment Fund

Kucoin Labs, the investigative and investment arm of Kucoin, a cryptocurrency exchange, has launched a $100 million fund to incubate early metaverse related projects. These include blockchain gaming initiatives, NFT…

Continue ReadingKucoin Labs Launches $100 Million Metaverse Investment Fund