Animoca Brands Shifting Focus to Markets Outside US Amid the SEC’s Anti-Crypto Stance
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The announcement comes after the Hong Kong-based company’s associated SAND token was listed in the SEC’s lawsuit against Binance and Coinbase.
Google Can’t Figure Out How to Crawl Web3 Domains Yet
The Google Search team has discussed the potential impact of web3 domains on SEO practices amid crawlability challenges.
Gate.io Dismisses Reports It Has Been Affected by Multichain’s Recent Woes
Gate.io’s native token $GT (GateToken) fell by nearly 10% on Wednesday amid reports it was experiencing operational issues.
Multichain Shuts Cross-Chain Bridge Protocol After CEO Goes Missing: What Next?
Multichain said Wednesday it was facing protocol issues due to unforeseen circumstances that could not be addressed without CEO Zhaojun.
Web3 Infrastructure Company Magic Raises $52M in a Round Led By PayPal Ventures
PayPal is ramping up its web3 activity after previously investing in Aptos Labs and web3 security companies Chaos Labs and TRM Labs, among others.
Web3 Startup Transak Secures $20M in a Series A Round Led By CE Innovation Capital
The web3 company said it will use the fund to scale web3 payments and onboarding infrastructure solutions.
May 30, 2023
Foresight Ventures Revamps Web3 Accelerator Program with Additional $10 Million
The Singapore-based web3 VC firm is pledging a further $10 million for Foresight X Accelerator to invest in promising blockchain projects.
UK’s Moonfire Ventures to Invest in AI, Web3 and More After Securing $115M
The UK-based venture capital firm said the fund will support companies in AI, Web3, AR/VR, gaming, work, health and finance.
Dispersion Capital Doubles Down on Web3 with $40M Fund for Decentralised Infrastructure
Backers for the fund include Lightspeed, Wemade, Circle Ventures, Ripple, Alchemy Ventures, Hashkey, Cherubic Ventures, Forte, and NGC among others.
May 23, 2023
TON Foundation Doubles Down on Ecosystem Growth with $25M Accelerator Program
The accelerator program is fully backed by the $250 million TONcoin fund that supports founders building on the TON ecosystem.
May 22, 2023