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Animoca Brands cuts metaverse fund target to $800M: Report
Hong Kong-based Animoca Brands, a developer of blockchain gaming technology, has reportedly cut its target for its metaverse fund by…
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Tomi Raises $40M for Decentralized Web Alternative
Tomi, a decentralized cloud computing network, has announced that it has raised $40 million in a funding round led by…
Crypto thriving in Turkey despite uncertain economic times
The Turkish crypto sector has stayed afloat despite the country’s debilitating economic situation and a bleak bear market that crushed…
Stripe raises $6.5b to cover tax obligations and compensate employees
Major payments processing company Stripe has received a new injection of funds that brings the company’s valuation to $50 billion,…
CNHC Group raises $10m in Series A+ funding round
CNHC Group, the CNHC stablecoin issuer, has raised $10 million in Series A+ funding. KuCoin Ventures, a crypto investment firm,…
KuCoin leads $10M funding for Chinese yuan stablecoin issuer
The investment arm of major cryptocurrency exchange KuCoin is moving to support new stablecoin initiatives by backing a Chinese yuan-pegged…
Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks
After the failure of three major U.S. banks last week, with two of them being the second and third largest…
South Korea launches ‘Metaverse Fund’ to expedite domestic initiatives
While some global economies got distracted by the commotion around price instability and ecosystem collapses in crypto, South Korea doubled…
Crypto funding shifts from CeFi to DeFi after major collapses: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you…
Transform Ventures launches holding company for blockchain with $100M AUM
Transform Ventures has co-invested in a new holding company in what it states is an effort to accelerate blockchain investment…
