Candy Digital, which started selling Major League Baseball (MLB) NFTs in the fall, finally launched its trading venue on Jan. 15.And the appetite for sales was fairly robust.The Galaxy Digital-backed non-fungible token marketplace, which announced its partnership with the MLB in June, posted $2.7 million in weekend sales, passing $1 million in trade volume within the platform’s … [Read more...] about MLB NFTs on Candy Clock $2.7M in Marketplace Debut
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Microsoft Leads $27M Funding Round for Palm NFT Studio
Griffin Gaming Partners, RRE, Third Kind Venture Capital, Sfermion, investment decentralized autonomous organization (DAO) The LAO and Warner Brothers also participated in the funding round, showing the odd bedfellows created by this year’s prolonged NFT craze. Source link … [Read more...] about Microsoft Leads $27M Funding Round for Palm NFT Studio
Microsoft leads startup Palm NFT Studio’s $27M series B round
Crypto startup Palm NFT Studio announced a Series B raise of $27 million on Thursday led by Microsoft’s venture fund M12. Palm NFT, cofounded by ConsenSys founder and Ethereum cofounder Joseph Lubin, provides strategic and technical services for creators to build NFT marketplaces. Other major backers include Griffin Gaming Partners, RRE, Third Kind Venture Capital, Sfermion, … [Read more...] about Microsoft leads startup Palm NFT Studio’s $27M series B round
ConstitutionDAO Raises $27M on Eve of Sotheby’s Auction. $PEOPLE Could Be the Reason
However, the real-world identities of multiple members of the DAO’s brain trust – roughly three-dozen individuals – are known, and now an actual LLC will be placing the bid on behalf of the DAO to comply with Sotheby’s know-your-customer (KYC) requirements. Additionally, fractionalization could lead to an unusually easy-to-pursue securities enforcement action from the … [Read more...] about ConstitutionDAO Raises $27M on Eve of Sotheby’s Auction. $PEOPLE Could Be the Reason
UK Police Seize $2.7M in Crypto From Teenager in Money Laundering Investigation
The teenager, who was not identified for legal reasons, was arrested in August 2020 following an investigation into reports of credit card fraud and the theft of personal information to defraud a digital gift voucher company out of around £6,000 ($8,200). Source link … [Read more...] about UK Police Seize $2.7M in Crypto From Teenager in Money Laundering Investigation