News

Worldcoin, Now Valued at $1B, Has Grand Plans to Get You to Gaze Into the Orb

A16z and Coinbase Ventures are betting big that billions of people will line up to gaze into “The Orb” in exchange for crypto. Over 130,000 already have.

Business  ·  21 October 2021

Sotheby’s, Future Perfect Ventures Invest $20M in NFT Tech Firm Mojito

Mojito, a suite for creating non-fungible token (NFT) marketplaces, has received $20 million funding from Sotheby's and Future Perfect Ventures giving the firm a valuation of $100 million.

Business  ·  21 October 2021

Fanatics-Owned Candy Digital Raises $100M From Insight Partners, SoftBank

The Major League Baseball affiliated NFT startup is now valued at $1.5 billion.

Business  ·  21 October 2021

AGM Receives Second Batch of Orders for ASIC Miners

The order builds onto a previous deal for 30,000 units of ASIC crypto miners to Nowlit Solutions.

Business  ·  21 October 2021

Houston Firefighters Pension Fund Makes Bitcoin, Ether Purchase

A pension fund for firefighters in Houston has made a purchase in bitcoin and ether facilitated by bitcoin investment firm NYDIG.

Business  ·  21 October 2021

Associated Press Taps Chainlink for Elections, Sports Data

As well as providing race call data on the 2021 U.S. State Elections, AP will begin adding macroeconomic and sports feeds to the blockchain.

Business  ·  21 October 2021

SBF, The Weeknd Join Board of Tom Brady’s NFT Platform

Brady is already an investor in FTX; ​​Sam Bankman-Fried will now be on the board of Autograph.

Business  ·  21 October 2021

DraftKings Founders Back ‘Play-to-Earn’ Soccer Game With $3M Raise

MonkeyBall, a self-described mashup of “FIFA Street” and “Final Fantasy,” will run on the Solana blockchain.

Business  ·  21 October 2021

Andreessen Horowitz Invests in New Meta4 NFT Fund

A16z is the lead investor in Meta4’s new fund, which will invest in rare digital art and collectibles such as the Bored Ape Yacht Club.

Business  ·  21 October 2021

Crypto Market Cap Surges to Record $2.7T

The total market capitalization of all cryptocurrencies reached an all-time high on Thursday as bullish momentum has returned.

Markets  ·  21 October 2021

Swedish Financial Watchdog Investigating Two Local Crypto Exchanges

The authority is examining how Safello and Goobit are implementing anti-money laundering rules.

Others  ·  21 October 2021

Crypto Miner Hut 8 Buys 12,000 New MicroBT Miners for $58.7M

Hut 8 expects the purchase will push its contracted corporate capacity to around 3.57 EH/s.

Business  ·  21 October 2021

FTX Raises $420,690,000

BlackRock, Tiger Global and 67 others invested in the crypto exchange at a $25 billion valuation.

Business  ·  21 October 2021

Asset Manager Pimco to Extend Crypto Involvement: Report

Investment management behemoth Pimco has dabbled in cryptocurrencies with plans to invest further.

Business  ·  21 October 2021

Bitcoin Holds Above $66K, but Elevated Funding Rates Call for Caution

Bitcoin's derivatives market is showing signs of overheating

Markets  ·  21 October 2021