The Federal Bureau of Investigation (FBI) has asked decentralized finance (DeFi) platforms to beef up security measures and warned investors against the vulnerabilities in those platforms.
https://www.coindesk.com/business/2022/08/30/fbi-asks-defi-platforms-to-increase-security-measures-warns-crypto-investors-against-vulnerabilities/
https://www.coindesk.com/business/2022/08/30/fbi-asks-defi-platforms-to-increase-security-measures-warns-crypto-investors-against-vulnerabilities/
Seven Seven Six, the venture capital firm led by Reddit co-founder Alexis Ohanian, plans to raise $177.6 million for a new fund focused on investments in cryptocurrency tokens.
https://www.theinformation.com/articles/alexis-ohanians-seven-seven-six-targets-177-6-million-for-crypto-token-fund
https://www.theinformation.com/articles/alexis-ohanians-seven-seven-six-targets-177-6-million-for-crypto-token-fund
Temasek is joining a $100 million funding for Animoca Brands.
https://www.bloomberg.com/news/articles/2022-08-30/temasek-to-lead-100-million-funding-for-crypto-landlord-animoca
https://www.bloomberg.com/news/articles/2022-08-30/temasek-to-lead-100-million-funding-for-crypto-landlord-animoca
Bloomberg.com
Temasek to Lead $100 Million Funding for Crypto Landlord Animoca
Singapore state investor Temasek Holdings Pte. is joining a $100 million funding for Animoca Brands Corp., betting on one of crypto’s most prolific investment houses even after a $2 trillion market meltdown.
Fireblocks has begun providing support for the Solana blockchain’s ecosystem of decentralized finance (DeFi) developers, non-fungible token (NFT) applications, and other Web3 activities.
https://www.coindesk.com/business/2022/08/30/crypto-custody-firm-fireblocks-adds-support-for-solana-blockchains-defi-nft-gaming-apps/
https://www.coindesk.com/business/2022/08/30/crypto-custody-firm-fireblocks-adds-support-for-solana-blockchains-defi-nft-gaming-apps/
Xterio, a web3 game developer and publisher, has raised $40 million in a funding round co-led by video game developer FunPlus, venture capital firm Makers Fund, FTX Ventures and blockchain gaming platform XPLA.
Other investors in the round included Animoca Brands, HashKey, Foresight Ventures, Infinity Ventures Crypto and Matrix Partners.
The funding was raised via a SAFT sale.
https://www.theblock.co/post/166447/web3-game-developer-xterio-raises-40-million-in-saft-sale
Other investors in the round included Animoca Brands, HashKey, Foresight Ventures, Infinity Ventures Crypto and Matrix Partners.
The funding was raised via a SAFT sale.
https://www.theblock.co/post/166447/web3-game-developer-xterio-raises-40-million-in-saft-sale
The Block
Web3 game developer Xterio raises $40 million in SAFT sale
Web3 game developer and publisher Xterio has raised $40 million from FTX Ventures and others at a $300 million valuation.
Limit Break, a startup building web3 massively multiplayer online (MMO) games, raised $200 million over two rounds of venture funding.
The chair of mobile gaming firm Mino Games, Josh Buckley and investment firms Paradigm and Standard Crypto led the rounds.
Additional participants include FTX, Coinbase and Positive Sum.
https://www.theblock.co/post/166268/mobile-gaming-firm-limit-break-raises-200-million-across-two-rounds
The chair of mobile gaming firm Mino Games, Josh Buckley and investment firms Paradigm and Standard Crypto led the rounds.
Additional participants include FTX, Coinbase and Positive Sum.
https://www.theblock.co/post/166268/mobile-gaming-firm-limit-break-raises-200-million-across-two-rounds
A group of former Galaxy Digital and Genesis Trading execs are raising $500 million to launch a new crypto fund called DBA Crypto, according to an SEC filing.
https://www.axios.com/pro/fintech-deals/2022/08/29/galaxy-digital-genesis-500m-fund
https://www.axios.com/pro/fintech-deals/2022/08/29/galaxy-digital-genesis-500m-fund
Clockwork, a decentralized automation network for Solana, announced the closure of a $4 million seed round co-led by Multicoin Capital and Asymmetric.
Solana Ventures also participated in the round.
https://www.theblock.co/post/165953/solana-automation-network-clockwork-raises-4-million
Solana Ventures also participated in the round.
https://www.theblock.co/post/165953/solana-automation-network-clockwork-raises-4-million
The Block
Solana automation network Clockwork raises $4 million
The Clockwork network enables developers to schedule recurring tasks and automate on-chain workflows on Solana.
a16z led a $50 million Series A fundraise for non-fungible token (NFT) organization Proof.
Additional participants in the round include Collab+Currency, Flamingo DAO, SV Angel, VaynerFund and Seven Seven Six.
https://www.theblock.co/post/166580/a16z-leads-50-million-in-funding-for-nft-organization-proof-collective
Additional participants in the round include Collab+Currency, Flamingo DAO, SV Angel, VaynerFund and Seven Seven Six.
https://www.theblock.co/post/166580/a16z-leads-50-million-in-funding-for-nft-organization-proof-collective
Coinbase will add support for Aurora (AURORA) and MXC (MXC) on the Ethereum network (ERC-20 token).
Inbound transfers for this asset are available on Coinbase and Coinbase Pro in the regions where trading is supported.
Trading will begin on or after 16:00 UTC on 31 August 2022, if liquidity conditions are met.
https://twitter.com/coinbaseassets/status/1564705792779067397
Inbound transfers for this asset are available on Coinbase and Coinbase Pro in the regions where trading is supported.
Trading will begin on or after 16:00 UTC on 31 August 2022, if liquidity conditions are met.
https://twitter.com/coinbaseassets/status/1564705792779067397
OpenSea announced the integration of the layer two scaling solution Polygon into its Seaport protocol implementation.
Using Seaport on Polygon enables launching several new features on Polygon, including:
-Collection and attribute offers
-No listing thresholds
-Multiple creator payouts
-Bulk transfers
https://decrypt.co/108621/opensea-adds-polygon-support-to-expand-features-accept-matic
Using Seaport on Polygon enables launching several new features on Polygon, including:
-Collection and attribute offers
-No listing thresholds
-Multiple creator payouts
-Bulk transfers
https://decrypt.co/108621/opensea-adds-polygon-support-to-expand-features-accept-matic
Decrypt
OpenSea Adds Polygon Support to Expand Features, Accept MATIC - Decrypt
The top NFT marketplace expands its Seaport implementation to support Polygon and a host of new features from the popular sidechain.
Here is our Crypto Daily Review.
Today's highlights:
- Cryptomarket is neutral today. Bitcoin is trading at $20,320
- Genesis and Galaxy top execs have filed for a new $500M fund called DBA Crypto
- The VC firm Seven Seven Six plans to raise $177M for a crypto fund
- Veve partners with Marvel to drop limited edition NFT covers
Have a nice day! ☀️
Today's highlights:
- Cryptomarket is neutral today. Bitcoin is trading at $20,320
- Genesis and Galaxy top execs have filed for a new $500M fund called DBA Crypto
- The VC firm Seven Seven Six plans to raise $177M for a crypto fund
- Veve partners with Marvel to drop limited edition NFT covers
Have a nice day! ☀️
South Korean port city Busan signed an agreement with crypto exchange FTX to develop blockchain-based businesses in the coming months.
https://www.coindesk.com/business/2022/08/31/s-korean-city-busan-taps-ftx-to-develop-crypto-exchange-promote-blockchain-businesses/
https://www.coindesk.com/business/2022/08/31/s-korean-city-busan-taps-ftx-to-develop-crypto-exchange-promote-blockchain-businesses/
The House Committee on Oversight and Reform is dialing up the pressure on federal agencies and crypto exchanges to protect Americans from fraudsters.
In a series of letters the committee asked four agencies, as well as five digital asset exchanges — Coinbase, FTX, Binance.US, Kraken, and KuCoin — for information and documents about what they are doing to safeguard consumers against scams and combat cryptocurrency-related fraud.
https://www.cnbc.com/2022/08/30/coinbase-ftx-binance-get-inquiries-from-congress-on-crypto-scams.html
In a series of letters the committee asked four agencies, as well as five digital asset exchanges — Coinbase, FTX, Binance.US, Kraken, and KuCoin — for information and documents about what they are doing to safeguard consumers against scams and combat cryptocurrency-related fraud.
https://www.cnbc.com/2022/08/30/coinbase-ftx-binance-get-inquiries-from-congress-on-crypto-scams.html
CNBC
Coinbase, FTX, Binance get inquiries as Congress looks to crack down on $1 billion crypto fraud
The House Committee on Oversight and Reform is dialing up the pressure on federal agencies and crypto exchanges to protect Americans from crypto fraudsters.
Curve Finance founder Michael Egorov said in the community that Curve’s native stablecoin crvUSD is likely to be launched next month and is currently in the alpha stage.
https://twitter.com/wublockchain/status/1564875377969090560
https://twitter.com/wublockchain/status/1564875377969090560
Stacked, the Web3 Version of Twitch, has raised $12.9 million in a Series A funding round led Pantera Capital.
Investors in the funding round included GFR Fund and Z Venture Capital.
https://www.coindesk.com/business/2022/08/31/stacked-the-web3-version-of-twitch-raises-129m/
Investors in the funding round included GFR Fund and Z Venture Capital.
https://www.coindesk.com/business/2022/08/31/stacked-the-web3-version-of-twitch-raises-129m/
Coinbase will add support for Near Protocol (NEAR) on the NEAR network.
Inbound transfers for this asset are available on Coinbase and Coinbase Pro in the regions where trading is supported.
Trading will begin on or after 16:00 UTC on 1 September 2022, if liquidity conditions are met.
https://twitter.com/coinbaseassets/status/1565003514459340804
Inbound transfers for this asset are available on Coinbase and Coinbase Pro in the regions where trading is supported.
Trading will begin on or after 16:00 UTC on 1 September 2022, if liquidity conditions are met.
https://twitter.com/coinbaseassets/status/1565003514459340804
Binance Connect has announced a new partnership with SafePal, a cryptocurrency wallet.
https://www.binance.com/en/support/announcement/fe677debcbcd473197a3fdfebb038224
https://www.binance.com/en/support/announcement/fe677debcbcd473197a3fdfebb038224
GoGoPool has announced its $5M seed round, co-led by Framework Ventures and CoinFund.
Other investors: Republic Crypto, FinTech Collective, Genesis Block Ventures, Avalaunch, Flow Traders, Builder Capital, Alpha Crypto, Silverstone Ventures and Taureon.
GoGoPool is the first permissionless and decentralized staking protocol for Avalanche, built specifically for Subnets.
https://gogopool.medium.com/announcing-our-5m-seed-round-to-scale-avalanche-91c7934c331c
Other investors: Republic Crypto, FinTech Collective, Genesis Block Ventures, Avalaunch, Flow Traders, Builder Capital, Alpha Crypto, Silverstone Ventures and Taureon.
GoGoPool is the first permissionless and decentralized staking protocol for Avalanche, built specifically for Subnets.
https://gogopool.medium.com/announcing-our-5m-seed-round-to-scale-avalanche-91c7934c331c
Medium
Announcing Our $5M Seed Round to Scale Avalanche
GoGoPool is extremely excited to announce our $5M seed round, co-led by Framework Ventures and CoinFund with backing by Republic Crypto…
OpenSea plans to support NFTs based on the proof-of-stake version of the Ethereum blockchain once The Merge is complete.
https://www.theblock.co/post/166940/opensea-commits-to-solely-supporting-nfts-on-proof-of-stake-ethereum-blockchain
https://www.theblock.co/post/166940/opensea-commits-to-solely-supporting-nfts-on-proof-of-stake-ethereum-blockchain
The Block
OpenSea commits to 'solely supporting' NFTs on proof-of-stake Ethereum blockchain
OpenSea, the largest non-fungible tokens (NFTs) marketplace, plans to only support NFTs based on the proof-of-stake version of the Ethereum blockchain once The Merge is complete.