Crypto prices remain suppressed compared with last week. Prices of bitcoin, ether, and binance coin, the three largest cryptocurrencies by market capitalization, are down 4.2%, 9.9%, and 8.3% in the past week. And investors have lost even more on solana, LUNA, and MATIC: The three tokens are down 12%, 14.8%, and 15.4% respectively on the week. Source link … [Read more...] about Dogecoin Leads Gains as Crypto Markets Show Muted Recovery
Leads
Animoca Brands Leads $130M Investment in Venture Accelerator Brinc for Web 3 Expansion
Venture accelerator Brinc closed a $130 million funding round, led by NFT and metaverse investor Animoca Brands.Brinc closed a $30 million Series B and a further $100 million for startup investments, the company said.The funds will be used to aid Brinc’s expansion into new locations and Web 3, which includes blockchain-focused programs in decentralized finance (DeFi), gaming … [Read more...] about Animoca Brands Leads $130M Investment in Venture Accelerator Brinc for Web 3 Expansion
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
A16z Leads $36M Bet on Web 3 Startup From Facebook Crypto Vets
The startup’s current projects split into partnering with existing networks to integrate Mysten technology and the creation of open protocols based on Mysten-designed components. The scalability-focused protocol Narwhal, for example, is in development to deploy on Celo and Sommelier. Mysten is also launching a next-generation NFT platform Source link … [Read more...] about A16z Leads $36M Bet on Web 3 Startup From Facebook Crypto Vets