Transak announced it raised $20 million in a series A round led by CE Innovation Capital. The startup also attracted investments from SBI Ven Capital, Sygnum, and Woodstock Fund among other investors. An FCA-registered startup, Transak plans to use the funds to further development of onboarding solutions for Web3 and crypto. While venture capital funding …
Web3 payments firm Transak raises $20M in Series A round Read More »
It seems the Sotheby’s x Three Arrows Capital (3AC) saga isn’t over. Because on May 31, as collections from generative art platform Art Blocks continue to surge, the famed auction house announced plans for a new extensive live auction of significantly important generative NFTs compiled from the now-defunct Singapore-based crypto hedge fund. Set to take …
Sotheby’s to Host Largest Ever Live Auction of Digital Art Read More »
When NFTs first took off, it was Beeple’s digital art, CryptoPunks and Bored Ape Yacht Club PFPs that dominated the headlines and top sales — but one individual bucked the trend in a unique way, garnering attention with generative audiovisual art using just a C compiler. That individual was 0xDEAFBEEF, an artist and engineer based …
0xDEAFBEEF, NFT Creator – Cointelegraph Magazine Read More »
Swiss nonprofit Anoma Foundation has secured a significant funding boost to continue the development and research of its third-generation blockchain architecture. A third fundraising round secured $25 million for the organization, which is building what it describes as a generalized intent-centric blockchain architecture. The technology is touted to enable the development of completely decentralized applications …
Blockchain firm raises $25M to develop third-generation architecture Read More »
The GNT platform uses advanced AI algorithms to turn images into unique artwork Find Satoshi Lab (FSL) says GNT V3 pushes the boundaries of creativity and self-expression. Users will be able to mint NFTs from their selfies on Solana. Find Satoshi Lab (FSL), the Web3 studio behind STEPN, has announced an artificial intelligence (AI)-powered tool …
STEPN’s Web3 parent launches AI tool for selfie NFTs Read More »
LINA price has defied gravity in the past few days as its rally gains steam. Linear Finance token soared to a high of $0.02623, the highest level since April 24th of this year. In all, the token has jumped by more than 365% from the lowest point this year. Why is Linear Finance token soaring? …
Here’s why Linear Finance’s LINA token price is surging Read More »
The Chinese government continues to crack down on the cryptocurrency industry with a new investigation targeting a major Chinese yuan stablecoin issuer. Employees of Trust Reserve — the issuer of the Chinese yuan-pegged stablecoin CNH Coin (CNHC) — have been detained by Chinese police, the local blockchain publication PANews reported on May 31. According to …
CNHC stablecoin issuer detained by Chinese police: Report Read More »
Investors pile into the US tech sector, sending the NASDAQ 100 index higher Bitcoin’s rally should continue on the back of the bullish tech sector A divergence with the NASDAQ 100 index shows more upside potential for Bitcoin Tech sector investors are in a frenzy, as they piled into tech companies in a rush not …
Early Bitcoin (BTC) investor and Bitcoin Cash (BCH) advocate Roger Ver claimed that Ethereum, not Bitcoin, will be responsible for driving the bulk of new users towards crypto. On a May 31 episode of the Show Me The Crypto podcast, Ver — labeled “Bitcoin Jesus” for his early Bitcoin advocacy — said that despite Ethereum’s …
‘Bitcoin Jesus’ says Ethereum is the front-runner for global crypto adoption Read More »
Ben.eth, the pseudo-anonymous memecoin creator behind at least three controversial token launches in recent weeks, could fall under the crosshair of United States regulators, crypto lawyers suggest. A previously little-known personality in the crypto community, Ben.eth has seen his Twitter following blow up nearly five-fold in May. The influencer has launched at least three memecoins …
Could Ben.eth’s PSYOP tokens face legal scrutiny? It depends, say lawyers Read More »