Tuesday, July 5, 2022

Chainalysis raises new funding to double its valuation to $8.6 billion

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Chainalysis, the blockchain data platform, announced a $170 million Series F financing led by GIC, Singapore's sovereign wealth fund, bringing its valuation to $8.6 billion. Previous investors Accel, Blackstone, Dragoneer, and FundersClub increased their investment in the company, and the Bank of New York Mellon and Emergence Capital also participated.

CoinFund partners with Apex and Nori for a more sustainable web3

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CoinFund, a leading web3-focused investment firm, announced its partnership with emission assessment leader, Apex Group, and transparent carbon removal leader, Nori, to calculate and offset its 2021 bitcoin carbon footprint as part of its active engagement with sustainability efforts across web3. 

OnlyFans founder to launch Zoop, a celebrity trading 3D card platform

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Led by a robust team of Web3 developers and former OnlyFans executives, Zoop is set to launch their digital collectable trading platform powered by Polygon, the decentralized Ethereum scaling ecosystem. Zoop’s platform allows users to buy, sell, collect and trade 3D digital playing cards of their favorite celebrities. On Zoop, fans can acquire officially licensed, limited edition digital cards, and are able to sell and trade them in a secondary market.

Fintech Airwallex strengthens global executive team with key senior hires

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Airwallex, a fast growing global fintech platform announced two senior appointments to support the significant expansion across its business as it extends its global footprint.

How sustainable is the play-to-earn model in metaverse projects?

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Lately, metaverse projects have been gaining traction in the crypto and blockchain space, with gaming as one of the most pursued activities. Games like Axie Infinity have made history, having generated roughly US$780 million in sales within 30 days back in June 2021. This game has since reached US$1.1 billion in sales and a valuation of about US$3 billion. Some of this success can be attributed to its play-to-earn model, which is also partly behind the success of other metaverse games. These include Silk, My Neighbor Alice, Gods Unchained, CryptoKittties, Pirate X Pirate, Forest Knight and Mines of Dalarnia.

Catheon Gaming appoints curated industry expert Mark Aubrey as CEO

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Catheon Gaming, a fast-growing integrated blockchain gaming and entertainment company, announced that Mark Aubrey will be appointed as the company’s new co-Chief Executive Officer, effective July 11, 2022. Aubrey will work alongside William Wu, Founder and CEO, to scale the company in the rapidly growing blockchain gaming industry.

BridgeTower Capital partners with industry-leading art fund Artemundi

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BridgeTower Capital, an innovator in connecting blockchain markets, teamed up with Artemundi, a global art fund, to release NFTs featuring the work of artist Francisco Goya. The announcement was made at the Avalanche Summit this week in Barcelona, where all live attendees received the NFT of Goya’s Caprice No. 6 titled, “No One Knows Each Other.”

Community-led FTT DAO raises $7 million donated by FTX token fans

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FTT DAO, a community-led ecosystem DAO, received 250,000 $FTT, worth about $7m, in community donations to kick start its activities. A number of community contributors took part in the donation to help grow FTT DAO. Through this donation, which will be used as an ecosystem fund, FTT DAO plans to support upcoming community-led projects across areas like crypto education, decentralized finance and effective altruism for the FTT community.

The Bulltalk social media platform facilitates cryptocurrency enthusiasts

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A new blockchain social media platform Bulltalk.io has launched by Lehmansoft to facilitate the crypto sphere in engaging safely and securely to share information and insights.

Peregrine Corporation to allow crypto payments to its retail customers

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Peregrine Corporation, a private company group owned by the Shahin family, will work with Crypto.com to enable its clients to pay with crypto across all its retail operations in Australia. DataMesh Group, a tech and payments firm, is enabling this partnership via Crypto.com as a payment acceptance type across Peregrine Corporation’s in-store point of sale terminals.