Web3 Development Platform Alchemy Looks to Create New Venture Fund
According to a Securities and Exchange Commission filing, Alchemy Web3 development platform is seeking to raise $12 Million for a venture capital fund.
Crypto Focused Venture Firm North Island Launches $125 Million Fund
North Island Ventures has launched a $125 Million investment fund. The firm, which is crypto-focused, will make up to 40 investments
Twitter Shareholders Agree to Musk’s $44 Billion Buyout Before Trial
In a Tuesday vote, Twitter shareholders approved Musk’s proposed buyout. As Musk tried to pull out, the fate of this deal will be determined in court.
EDX Markets – Crypto Exchange Launched by Citadel, Fidelity and Charles Schwab
EDX Markets will offer “safer and faster” cryptocurrency trading.
US Latest Inflation Figures Cause Crypto to Plummet, Again
After the U.S. Bureau of Labor Statistics published its latest CPI figures, both Bitcoin and Ethereum fell.
Another VC Firm Raises Big Money for Web3 and Fintech – Northzone Announces $1B Fund
Web3 is a core sector for the firm, Wendy Xiao Schadeck (a partner at Northzone), told the Block.
EthereumPoW Tweet announces Fork Will Take Place 24 Hours After The Merge
According to a thread on Monday’s @EthereumPoW twitter feed, Ethereum’s proof of work fork will take place 24 hours after the Merge.
Bank of America Also Agrees The Merge Can Bring in Big Institutions
The merger will make Ethereum more efficient and Bank of America researchers believe this could lead to increased interest from institutions.
Tron Partnership: Wintermute Becomes Tron’s Official Market Maker
Wintermute, Tron’s official marketmaker, will be responsible to create liquid TRX markets as well as supporting DeFi activities.
It has Been Recorded That Australian Investors Have Lost Over $240M to Crypto Scams
The largest age group that has fallen for scams is those over 55 and below 64 years old.
