Coin Journal

Valverse is Vavel Games’ first foray into the world of Web3 and the metaverse. The HBAR Foundation, the organization that seeks to accelerate the development of the Hedera ecosystem through grants to projects, has announced backing for a new gaming developer to bring next-gen MMO games to the platform. In a blog announcement published on …

The HBAR Foundation backs MMO games developer Vavel Games’ launch on Hedera Read More »

Andreessen Horowitz’ first major investment in the crypto sector was the 2013 bet on Coinbase. Andreessen Horowitz, a Silicon Valley venture capital firm with over $28 billion in assets under management, has announced a $4.5 billion fund targeted at investments in the crypto and blockchain space. The fund will primarily look to invest in crypto …

Andreessen Horowitz announces $4.5 billion fund to invest in crypto Read More »

NGC Ventures is an early backer of Algorand and Solana and will use the new fund to invest in early-stage DeFi, NFTs and Metaverse projects. Singapore-based institutional investor NGC Ventures, which focuses on venture funding for projects in the blockchain space, has announced a new fund targeted at early-stage projects in the Web3 and metaverse …

Singapore VC firm announces $100M fund for Web3 projects Read More »

Bitcoin price could still drop to the 200-MA at $22,000, with possible downside wicks to $19,000 and then $15,500.  Bounces off these levels have offered huge investment returns for long-term investors, says crypto analyst Rekt Capital. Bitcoin (BTC) is tracking fresh losses below $30,000, with the broader crypto market seesawing in the red amid new …

Top analyst: BTC at this level has historically offered ‘outsized ROI’ for investors Read More »

Pebble, a fintech startup whose crypto app seeks to bring about a “money revolution” by paying its users to save, spend and send money, has announced a $6.2 million seed funding round. The platform’s financing round attracted investments from leading venture firms, including Y Combinator, the financial startup said on Monday. Others to back Pebble’s …

Y Combinator joins crypto app Pebble’s $6.2 million seed round Read More »

According to a news release published Monday, the Dubai Virtual Asset Regulatory Authority (VARA) has granted Calvin Cheng Web 3 Holdings FZE a Virtual Asset License. Calvin Cheng Web3 Holdings FZE is an NFT and Web3-focused firm started by entrepreneur and former Singaporean parliamentarian Calvin Cheng. The company will invest in projects targeted at integrating digital …

Dubai’s VARA licenses ex-Singapore lawmaker Calvin Cheng’s Web3 company Read More »

PayPal has its eyes set on an eventual integration of everything crypto and blockchain across its services, the payment giant’s Vice President Richard Nash has hinted. In an interview with Cointelegraph at the World Economic Forum (WEF 2022) in Davos, Switzerland on Monday, May 23, Nash revealed that the company has plans to embrace every …

PayPal plans to integrate all crypto and blockchain services, the firm’s VP says Read More »

Ripple has announced it has committed $100 million in funding towards blockchain innovation meant to scale carbon removal. The funding, which will go into companies in carbon markets, is also earmarked for climate-focused fintech startups, Ripple said on Thursday. According to the press release, the funds will also go into Ripple’s portfolio of programs targeted …

Ripple commits $100M towards scaling climate-focused innovation Read More »

Sneakmart, a French startup that seeks to enhance users’ Metaverse experience via tokenizing real-world sneakers, has announced a major collaboration with StockX, a leading shoe resale marketplace. The partnership allows Sneakmart to offer access to sneaker NFTs to its customers via its Metakicks platform. The blockchain-based venture will see sneaker diehards and fans customize their …

SneakMart strikes partnership with StockX to bring sneaker NFTs to the Metaverse Read More »

LimeWire, the new NFTs marketplace that sprung from the discontinued popular music app of the early 2000s, has scored a huge deal with Universal Music Group (UMG). The partnership with UMG, a world leader in the booming music and entertainment sector, adds to LimeWire’s steady return into the limelight. Per a press announcement released on Tuesday, …

LimeWire inks major deal with Universal Music Group for music-based NFTs Read More »