Follow crypto investment news, capital flows, venture activity, institutional strategies, and portfolio moves across digital assets.
World renowned artist Damien Hirst is burning 4851 physical art "tenders" for his NFT project Currency. Included are 1,000 of his personal collection as he states he will not keep any physical pieces.
Unstoppable Domains raised $65 million in a funding round led by Pantera Capital, to scale its domain services as Founder projects a billion people will own at least one NFT domain in the next 5 years.
President Nayib Bukele said the country will repurchase all sovereign bonds maturing between 2023 and 2025 at market prices.
Shapira claimed that the $20 returns for investor is heavily subsidized by ”investment in growing the network, and speculation on the value of the $HNT token.”
Ark Invest sold off 1.41 million Coinbase shares for $75 million, citing the exchange's poor performance as the primary reason.
The crypto market is undecided on how it will react to another FED rate hike today. Expectation of a 75 basis point increase may be priced in but will the FOMC meeting lead to a record setting 100 basis point increase?
Aptos Labs is now valued at $2 billion as it raises $150 million in latest Series A round. Investment will be used to support developments towards the launch of its mainnet in September.
Capital is available and being deployed for investment in crypto companies, but some VCs are holding for better deals expected around September time.
Moelis & Co. offers its advisory capabilities and existing blockchain expertise to benefit the blockchain space and drive crypto adoption higher.
