Singapore Based Web3 Venture Firm LongHash Raises $100 Million Funding Round
LongHash Ventures Fund II is a pre-seed stage to Series A-stage startup that builds multi-chain web3 infrastructure.
The Goerli Testnet Merge Goes Live and Ethereum Pumps 14%
Ethereum just finished its last dress rehearsal for the Merge event scheduled for September.
Hotbit Crypto Exchange Stops Withdrawals Due to Criminal Activity
Hotbit, a crypto exchange, has stopped trading, deposits, and withdrawals amid an investigation into a former employee who
Graphics Card Maker Nvidia Create New Realistic Metaverse Development Tools
Nvidia Omniverse launches a new series of tools for digital world creators and developers to make the Metaverse more real.
2nd Largest Pension Fund in Canada Tied to Celsius Could Be in Trouble – Caisse de Dépôt
A joint investigation by Canadian regulators as well as the SEC over the border into Celsius’s demise has been initiated due to the size of the losses.
Coinbase Announces Second Quarter Earnings and its Not Good – Stock Plummets
Coinbase stock fell 10% today after a disappointing earnings report for the second half of the year. After hours trading, it dropped by over 4%.
Coinbase Goes all in on Staking, Aims to be Top Provider Ahead of Ethereum Merge
The company is determined to be the best provider of staking services, and considers it an “early winner.” Coinbase CEO Brian Armstrong stated that the company isn’t focused on making a profit despite the slump in cryptocurrency prices. It is focused on staking. On Coinbase’s latest earnings call, he stated that the market could fluctuate …
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Pinata a Popular NFT Management Company Raises $21 Million in Funding Round
Pinata received funding from Pantera Capital and Offline Ventures, Greylock, Pantera Capital and Offline Ventures.
Community to Vote on a Method to Reduce Staking Rewards – Fantom Foundation
Fantom Foundation proposes to lower the stake rewards for validators of the network. This move could extend the timeline for FTM token emission beyond 2024.
Central Bank of Australia to Look into How a CBDC Can be Used in Business Models
The pilot project will last for one year. Details about potential participants will be made public in the coming months.
