Shiba Inu Surges 7% As Holders Can Now Shop At Nike & PS5
Shiba Inu [SHIB], the cryptocurrency born from the infamous DOGE meme, has surged once more. Recently, SHIB saw…
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Arbelos Markets, raises $28M led by Dragonfly Capital
Arbelos Markets, a crypto liquidity provider, has successfully secured $28 million in a seed funding and debt financing round. Dragonfly Capital spearheaded the round, with Circle Ventures, Aevo, Polygon, Deribit, Immutable, and other investors also joining in. “Arbelos is replacing the pre-FTX…trading system with one based on provable trust,” stated Joshua Lim, Co-founder and CEO […]
Babylon’s Bitcoin Staking Protocol Secures Binance Labs Investment
In a move signaling confidence in the future of Bitcoin, Binance Labs, the venture capital arm of cryptocurrency exchange Binance, has strategically backed Babylon, a groundbreaking Bitcoin staking protocol. This significant investment underscores Binance Labs’ commitment to supporting innovative projects within the staking and restaking domains. Babylon: Bridging Bitcoin with PoS blockchain ecosystem Founded by […]
Embracing the Spirit of Nintendo: NexGami Ventures into the Wild Frontier of Web3 Gaming
The post Embracing the Spirit of Nintendo: NexGami Ventures into the Wild Frontier of Web3 Gaming appeared first on Coinpedia Fintech News Vancouver, Canada, December 17, 2023 – In Japan during the 1980s, gaming consoles were emerging as entertainment devices, sparking fierce competition among manufacturers, each boasting the computing and programming capabilities of their consoles. Yet, the “war” saw no end in sight until Nintendo’s first home FC gaming console was launched in July 1983. Thi...
Polygon Labs announces 19% reduction in staff to streamline operations
Polygon Labs has announced a 19% reduction in its workforce, impacting 60 employees across various departments. The decision, announced by CEO Marc Boiron in an internal memo on Feb. 1, is part of the company’s broader strategy to realign its focus on core projects and accelerate its mission in the web3 ecosystem. Staff cuts Despite […] The post Polygon Labs announces 19% reduction in staff to streamline operations appeared first on CryptoSlate.
Crypto VC Funding Sees 68% Decline in 2023, Compared to $33.3 billion in 2022
Early-stage startup deals are rising, while funding for mid/later phases is declining reflecting a shift towards nurturing crypto ventures.
Animoca Brands secures additional funding for its Mocaverse project
Animoca Brands, a prominent investor in the metaverse and blockchain gaming, has secured an additional $11.88 million for its Mocaverse project. This funding follows the $20 million raised in September, bringing the total to $31.88 million. The Hong Kong-based company aims to develop a digital identity and loyalty platform for blockchain games and applications. Animoca ... Read more
Polygon Ventures Head of Finance joins KEY Difference
In the cryptocurrency industry, shifts within leadership ranks signal more than just career moves; they hint at the undercurrents of change and potential within the sector. The latest such move is Derek Albanese‘s, former head of finance at Polygon Ventures. Albanese, with a keen eye for innovation and a seasoned history in private equity and ... Read more