Hashkey Capital commits $500M to advance crypto, blockchain initiatives
Hashkey's Fund III will focus on infrastructures, toolings, and applications with mass adoption potential.
Immutable X games collected largest Web3 funding of 2022 – over $900M
Immutable X exclusive games raised around $300 million, while Immutable X-based multichain games collected over $600 million in 2022.
Shift toward Liquid Staking Derivatives expected after ETH Shanghai upgrade
Ethereum's Shanghai upgrade in March will enable withdrawals from the beacon chain by granting ETH validators the ability to unstake.
Former Celsius CEO sued for allegedly defrauding customers
The New York attorney general has filed a lawsuit against Celsius Network's former CEO Alex Mashinsky for allegedly defrauding investors.
Metropoly Beta version is now live, and it is your chance to view the best NFT project of 2023
The much-awaited beta version of Metropoly, the world's first NFT marketplace backed by real-world properties, is now live.
Crypto market fund outflows drop to $9.7M as negative sentiment falls
Coinshares believes there is only "minor negative sentiment" within the crypto markets as Bitcoin threatens to touch $18,000 for the first time since mid-December.
Group One purchases 13.5% of MicroStrategy’s share
The trading firm holds roughly 1.3 million shares of MicroStrategy.
GBTC shares jump 12%, narrowing discount to 38%
Bitcoin Magazine CEO David Bailey has started a campaign labeled "redeem GBTC" to reduce GBTC's 2% management fee.
Gopax investors could face $471M loss if Binance acquisition fails
Binance is in the process of acquiring Gopax, however, the South Korean exchange has about $471 million of customers' fund locked in Genesis.
Animoca Brands lowers Q1 fundraising target to $1B
The company previously intended to raise up to $2 billion during the first quarter for a web3 investment fund.
Crypto VC funding down by 82.5% YOY, lowest in 2 years
Compared to December 2021(154 projects), there were 50 crypto VC projects funded in December 2022, a decrease of 68% over one year.
Grayscale Ethereum Trust trades at record 59% discount
Nearly all Grayscale funds have been trading at high discount rates.
Web3 startups raised $7.1B in funding during 2022 – Gaming accounted for 62%
Gaming collected the largest amount at $4.49 billion, followed by Metaverse with $1.8 billion and Social Networks with $259.1 million.
Silvergate Capital hit with class action lawsuit for Securities Law violations
Pomerantz LLP has filed a class action lawsuit against Silvergate Capital Corporation for alleged securities law violations.
Valkyrie aims to rescue Grayscale’s Bitcoin Trust
The company has plans to improve upon the operation of GBTC.
Ault Alpha buys 50M shares of BitNile since September 2021
The 50 million in shares equates to a 13% stake in BitNile as of press time.
Alameda, Do Kwon-backed hedge fund breaks silence to announce rebranding
The hedge fund's website shows no solid development or investment it has made. Its official Twitter account has only seven tweets.