Gaming platform Bud raises $37 million in round led by Sequoia Capital India
The Singapore-based company has laid out plans to launch its own NFT marketplace and push into web3.
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Y Combinator joins $6.2 million seed round for crypto savings app Pebble
Pebble, a crypto app that lets people save, spend and send money, has raised $6.2 million in a seed round from Y Combinator and others.
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Hackathon organiser and web3 incentive platform DoraHacks raises $20 million
Circle Ventures, Gemini Frontier Fund, Sky9 Capital, Crypto.com Capital and Amber Group also joined the round.
Aave's backbone for decentralized social media, Lens Protocol, goes live on Polygon
DeFi lending platform Aave has launched its protocol for decentralized social media on Polygon, called Lens Protocol.
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Robinhood launching DeFi wallet to rival Metamask
The popular brokerage will allow crypto traders to swap tokens without having to pay network fees through a new standalone application.
Tiger Global leads $15 million Series A for web3 infrastructure startup Coinshift
The Indian crypto startup that provides treasury management tools for DAOs and web3 firms plans to expand to new blockchains.
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Fireblocks pushes into NFT custody and web3 developer tools
This move makes Fireblocks the latest digital asset custodian to bolt on an NFT product to its core offering.
The decline of Axie Infinity
Axie Infinity pioneered the play-to-earn model, but now that there's less money to be made its popularity has plummeted.
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Spotify starts trialing NFTs on its platform, Music Ally reports
The streaming giant is trialing NFT promotions but won't be selling NFTs directly on its platform.
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6th Man Ventures is raising $145 million for a second crypto fund
Mike Dudas of 6th Man Ventures has amassed the bulk of $145 million for his second venture fund.
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Web3 development platform Moralis reels in $40 million in Series A
The raise follows a $13.4 million seed round in 2021, which was also backed by EQT.
Lighthouse Labs raises $7 million in seed round to build metaverse search engine
Lighthouse Labs raises $7 million in seed round to build metaverse search engine
Fasanara Capital is raising $350 million for a new crypto and fintech fund
Around $100 million of that amount has already been raised, Francesco Filia, CEO of Fasanara Capital, told The Block in an interview.
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Napster acquired by Hivemind, Algorand at undisclosed price
Napster, once popular in the early 2000s for peer-to-peer audio file sharing, has been acquired by Hivemind and Algorand, the teams announced today.
Dapper Labs unveils $725 million ecosystem fund for Flow blockchain
Flow's new ecosystem fund will spur the development of applications on the NFT-focused blockchain.
Crypto exchange KuCoin reaches decacorn status in latest funding round
The latest round follows its series A in November 2018, when it raised $20 million at a $100 million valuation.
Irene Zhao’s influencer platform SO-COL is raising funds at a $100 million valuation
A startup founded by crypto influencer Irene Zhao is raising new funds at a $100 million valuation in a round led by Blockchain Capital.
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Google is building a web3-focused team
Google Cloud is building a team to service Web3 developers, hoping to become a key player in this growing space.
NFT marketplace Zora raises $50 million in round led by Haun Ventures
This is the first round led by Haun's firm, which launched in March after she left her role as general partner at a16z.
Gemini launches Superlunar design studio to help grow web3 adoption
The crypto exchange has launched Superlunar, a web3 research and design studio, to help grow web3 adoption.
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