Thursday, July 7, 2022

Action RPG gaming title Ascenders closes $6.4m investment round

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Ascenders, the highly anticipated AAA action RPG gaming title, announced a $6.4 million private round co-led by Paramount Capital, Three Arrows Capital, Sino Global Capital, and Merit Circle, the leading investors in blockchain technology and gaming. The investment also features prominent players in the blockchain ecosystem including DeFiance Capital, Blizzard Fund, Colony Labs, GuildFi, Momentum 6, Forward Analytics, Avocado Guild, ZeePrime, Snack Club, Layer X, Mintable and others.  

Nexus Mutual adopts Bancor’s DAO treasury management solution

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Nexus Mutual will execute the single largest DAO treasury deposit on Bancor this week, joining dozens of DAOs that have recently staked treasury funds on Bancor. The deposit of over $2.2m wNXM comes as a growing number of top DAOs and token projects are allocating funds on Bancor, including UMA, Flexa Network (AMP), Paraswap (PSP), KeeperDAO (ROOK), Harvest Finance (FARM), Request Network (REQ), Instadapp (INST), WOO Network DAO (WOO) & more.

Rimini Street Korea named a Top 100 in KOREA Best Workplaces™

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Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products, and a Salesforce partner, today announced it has been recognized in the Great Places to Work® 2022 KOREA Best Workplaces™ Awards by the global consulting company Great Place to Work® Institute (GPTW).

Hiro Capital casts second €300m videogames and metaverse tech VC

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Hiro Capital, the leading specialist European VC focused on Videogames, Metaverse Technologies, Creator Platforms and Gamified Fitness, announced the launch of HIRO CAPITAL II, a €300m ($340m) fund focused on backing the world’s emerging Gaming and Metaverse innovators. Hiro II will be announcing its first investments in April.

Oliver Wyman and GFT to build new Islamic digital bank in Malaysia

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The digital revolution has taken a quantum leap throughout the global financial services industry over the last decade. In Asia-Pacific alone, there have been over 20 new digital bank licenses issued with more to come in Malaysia. The global management consulting firm Oliver Wyman and technology and software engineering leader GFT are supporting Al Rajhi Bank Malaysia (ARBM) to design, build and launch a cloud-based digital bank. To set new standards of excellence for Islamic banking in Malaysia, ARBM will undertake a complete digital redesign of their products, services, and channels for this new digital bank.

Payhawk becomes first ever Bulgarian unicorn after raising $100m

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Payhawk, the payment and expense solution with offices in London, Sofia, Berlin, and Barcelona, has raised an additional $100m to extend its Series B round to $215m. The Series B extension means that the company hits a valuation of $1bn, making Payhawk the first ever Bulgarian company to achieve unicorn status. The company plans to become a catalyst for the Bulgarian startup ecosystem, and continue to attract and retain the top 1% of talent in the market.

TOKEN2049 returns to Asia with Formula One’s Singapore Grand Prix

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TOKEN2049, the premier crypto conference, announced the return of its Asia edition. Debuting at Marina Bay Sands, TOKEN2049 is returning on 28-29 September 2022 in conjunction with the Formula 1 Singapore Grand Prix 2022, ahead of the race weekend.

Elliptic strengthens Asia presence after hiring MAS Veteran Tung Li Lim

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Elliptic, a leader in crypto risk management appointed Tung Li Lim as Senior Policy Advisor. The regulatory landscape in Asia is rapidly evolving as each jurisdiction seeks to enable innovation, while safeguarding the stability of its financial system.

Manchester United selects Tezos as blockchain and training kit partner

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Manchester United announced a landmark partnership with Tezos, an advanced and sustainable blockchain to feature on their range of men’s and women’s training kits.

Oxford Economics confirms beer’s significant global economic impact

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The worldwide report to assess the beer industry’s global economic impact found that 1 in every 110 jobs in the world is linked through direct, indirect, or induced impact channels to the beer sector, and supported $555bn of gross value added (GVA) to global GDP in 2019.