Tag: 10M

Ethereum’s ‘consensus layer’ contract hits 10M ETH staked

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Quantitative analysis conducted on popular blockchain site Etherscan indicates that 184,441 transactions have been responsible for 10.2 million Ether (ETH) staked into the Eth2 (consensus layer) deposit contract since inception on Nov. 4 last year. This figure is equivalent to over $26 billion, based upon current Ethereum prices. Mathematical calculations suggest that the milestone was surpassed during block 14348729 in the evening of March 8, identified by mainstream cryptocurrency publications and community advocates in the last few hours. In late January of this year, the Ethereum Foundation published an alteration to the network’s…

Space Runners Raises $10M Funding to Democratize Blockchain-Backed Fashion Metaverse

Space Runners, a major metaverse fashion brand focused on NFTs, announced on Monday that it raised $10 million in a funding round co-led by Polychain and Pantera Capital. In this round, other firms, including Accel and Jump Crypto as well as other investors such as Yat Siu (Co-founder and Chairman of Animoca Brands), and Justin Kan (Co-founder of Twitch and Fractal) also participated in the funding. Space Runners said that it plans to use the fresh funding to expand its two business lines (Fashion items and Fashion Metaverse). Space Runners…

Pantera and Polychain Lead $10M Bet on Metaverse Fashionistas

“We are designing and launching fashion items as NFT collections, which is ongoing,” Space Runners CEO Deniz Özgür said in an interview. “But we are also launching the first phase of our fashion metaverse. Rather than just an urban cyber style, we are giving more weight to beauty and aesthetics, and we’ve been collaborating with some of the most popular fashion agencies in New York.” Source

NFT infrastructure startup Rarify raises $10M from Pantera Capital

NFT infrastructure startup Rarify has raised $10 million in Series A funding from Pantera Capital at a valuation of $100 million. The backing from Pantera Capital appears significant as the company is one of the top venture capital firms in crypto. One of Rarify’s primary offerings is an NFT-commerce-focused application programming interface (APIs) that enables firms to launch and integrate user-friendly marketplaces in their platforms. The API also allows minting and porting NFTs between different blockchains. Speaking with Forbes on March 3, Rarify co-founder Revas Tsivtsivadze stated that the company…

Binance Donates $10M To Ukraine And Launches Emergency Relief Fund

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It is no surprise that international support for Ukraine continues to grow following the invasion by Russia. After Russia invaded Ukraine, experts from every sector started getting worried about worse cases. For example, cybersecurity experts started answering if a global cyberwar is about to unfold. The crypto money industry did not remain idle either. Binance, the world’s largest crypto exchange by volume, has announced a $10 million donation to Ukraine. Also launching an emergency fund for the affected country. On his Twitter account, CEO CZ noted, “Our focus is providing…

Ukrainian Government Receives Nearly $10M in Crypto Donations After Russian Invasion

When this article was first published, the wallets contained about $435,000 in crypto but just over an hour later, the Bitcoin wallet contained around $500,000 or 13 BTC, while the Ethereum wallet had around $3.6 million or 1,090 ETH in total. That may not be the total donated, however, as there are indications that some bitcoin has already been removed from the respective wallet. Source