Tag: 10M

Investment Firm Republic Purchases 10M Astra Protocol Tokens in New Deal

“The events of the last year have made it clear that legitimate crypto and DeFi projects with a long-term strategy can no longer afford to operate outside the bounds of TradFi regulatory frameworks,” said Republic Crypto head Andrew Durgee in a press release. ”Astra Protocol converges the best of both worlds for individual users, allowing everyone to continue reaping the benefits of Web3 without compromising their privacy, security, or anonymity.” Source

China Blockchain Conflux Gains $10M Investment From DWF

“Conflux’s recent partnership with China Telecom is a major milestone for the blockchain industry, and we believe that it demonstrates the potential for Conflux’s technology to revolutionize how we think about blockchain-enabled products and services,” DWF Labs managing partner Andrei Grachev said in a statement. Source link

Pantera Invests $10M in Metaverse Game Worldwide Webb

“We’re building tools to allow them to bring their IP into the game. This is through land where they can build spaces, integrate their existing NFTs and build new ones into the Webb ecosystem,” Worldwide Webb founder and CEO Thomas Webb told CryptoX in an email. “We’re excited to build long-term relationships with brands and IP as we not only integrate their NFTs as avatars, but also bring their IP into the Webb universe through meaningful in-game features such as quests, boss fights, items and more.” Source 10MGameInvestsMetaversePanteraWebbWorldwide CryptoX Portal

Bitcoin eyes 25% of world’s wealth in new $10M BTC price prediction

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Bitcoin (BTC) can hit $10 million per coin or more as it eats 25% of the global wealth, new analysis has concluded. In a blog post released on Feb. 16, fund manager and Bitcoin expert advisor Jesse Myers revealed his own “outrageous” BTC price target. Myers: “Bitcoin could 500x over the coming decades” Bitcoin may struggle with “brutal” volatility, but hodlers and critics alike should be in no doubt about its long-term price trajectory, Myers said. Analyzing Bitcoin’s value proposition, he argues that Bitcoin’s ability to appreciate over time means…

Bitcoin could hit $10M in 9 years but more sidechains needed: Blockstream CEO

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Blockstream CEO Adam Back believes the price of Bitcoin (BTC) could reach $10 million by the end of the sixth halvening in 2032, as long as Bitcoin layer-2 technology and wallet infrastructure improves. In a Feb. 12 Twitter thread, Back, one of the contributors to Bitcoin core, was explaining to his 509,000 followers in what situation Hal Finney’s $10 million price prediction for BTC could come true. He noted that BTC has doubled in price year-on-year on average since 2013 and explained that if that trend continues, BTC price would…

Decentralized Identity Network Space ID Raises $10M

“Universal naming service is a fundamental component of widespread crypto adoption, and the SPACE ID team sits at the forefront of a cutting-edge version,” said Poylchain Capital investor Luke Pearson in the post. “By facilitating the union between identity, privacy, and sovereignty within Web3, SPACE ID allows users to retain their personal identity whilst providing a human-readable address to interact with digital networks.” Source

Web3 Infrastructure Startup Spatial Labs Raises $10M

The round also included Marcy Venture Partners, an investment firm co-founded by musician and entrepreneur Jay-Z. Marcy previously backed Spatial Labs in a $4 million pre-seed round in 2021. Other backers in the latest round included noted businessman Ron Burkle, music producer Scooter Braun as well as Anthony Tolliver, a former pro basketball player, and Bobby Wagner, a linebacker for the Los Angeles Rams. Source