Unlockd, a protocol which allows users to borrow against non-fungible tokens (NFTs), has raised $4.4 million in a seed funding round led by Blockchain Capital, the company announced on Thursday. Sfermion, Spartan Group and Play Ventures,  were also among those that participated in the round. Unlockd...
Web3 venture studio SuperLayer has announced a new $25 million fund led by anchor investor and strategic partner Polygon, an Ethereum scaling solution.  “Given SuperLayer’s focus on speed and quality, Polygon is a natural partner with industry-leading protocols designed to fix blockchain scalability...
GitPOAP, a protocol that allows users to record contributions to the software development platform GitHub on-chain, has raised a $4 million round led by Inflection.xyz and Libertus Capital, the company said on Thursday. The valuation was not disclosed.  Avalanche VC, Protocol Labs and Proof of Atten...
HUSD, a stablecoin issued by Stable Universal, has lost its peg to the US dollar, falling as low as $0.88 on Thursday, according to CoinGecko. The stablecoin is trading at $0.90 as of the time of publishing. The first leg down in the price gave way to a recovery to 97 cents. This leg up was, however...
Sunnyvale, CA, 18th August, 2022, ChainwireSoftware Developer to Create a Suite of Killer dApps that Leverage Next-Generation Protocol and Marketplace for Decentralized Storage W3 Storage Lab, a Web3 decentralized application company, announced that it closed a pre-seed financing round of $3M. The ...
A leader at the Federal Reserve is pumping the brakes on speculation surrounding crypto engagement from the regulator. In an August 17 speech, Federal Reserve Governor Michelle Bowman took issue with many key areas of the Fed's work and its crossover with fintech and crypto industry concerns.  Key a...
Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) revealed on Wednesday that it has written off its investment in Celsius.   CDPQ, which manages about CAD$392 billion ($303 billion) in assets, shared its six-month returns for the first half of the year on Wednesday, registering an ...
Collective NFT ownership platform Fractional announced on Wednesday that it is rebranding to Tessera and has closed a $20 million Series A fundraising round led by Paradigm.  The round closed earlier this summer, according to a press release. Other investors include Uniswap Labs, E Girl Capital and ...
Senator Pat Toomey, R. PA, is calling the Federal Deposit Insurance Corporation to account for its work in crypto.  In an August 17 letter to FDIC acting chairman Martin Gruenberg, Toomey says the agency "may be improperly taking action to deter banks from doing business with lawful cryptocurrency-r...
The price of EOS rose more than 17% on Wednesday, just days after a court ruling in the Southern District of New York. At the time of writing, EOS was trading at $1.51, up more than 28% over the past seven days, according to CoinGecko. Wednesday’s price move set EOS apart from the broader crypto mar...

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