Following the startupโs partnership with Gamestop, the Sydney-based blockchain firm Immutable announced it raised $200 million in a Series C financing round led by Temasek. The company is now valued at $2.5 billion and Immutable plans to use the funds to scale the startupโs gaming studio. Immutable Raises $200 Million, NFT Startup Aims to Bolster Gaming Studio On Monday, the blockchain company Immutable revealed it raised $200 million from investors in a Series C funding round. The financing was led by Temasek alongside other participants including Tencent, Animoca Brands, Mirae…
Tag: finance
Space Mining Is Here, Led by This Tiny Country
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io With a decades-long track record of making space a profitable business, Luxembourg is betting big on everything from space resources, satellites and training the next generation of space entrepreneurs. #Space #GiantLeap #BloombergQuicktake ——– Like this video? Subscribe: Become a Quicktake Member for exclusive perks: Subscribe to Quicktake Explained: QuickTake Originals is Bloomberg’s official premium video channel. We bring you insights and analysis from business, science, and technology experts who are shaping our future. Weโre home to Hello World, Giant Leap, Storylines, and…
Convex Finance Bug Causes CVX Token to Sink on Forced Token Unlock
After a smart contract exploit, locked CVX tokens flooded the market, dragging down prices. Source
JunoSwap, Solidly and VVS Finance give DeFi a much-needed refresh
Decentralized finance (DeFi) was the talk of the town in early 2021, but it has since taken a back seat to more appealing sectors like nonfungible tokens (NFTs), memecoins and blockchain gaming.ย Now that cross-chain bridges and interoperability have allowed for the easier migration of assets to competing chains, a new class of DeFi protocols is arising to challenge those left from 2021. Hereโs a look at three DeFi projects that have launched on some of the up-and-coming layer-1 blockchain networks, catching the eye of the crypto community. VVS Finance…
Charles Schwab Files for ‘Crypto Economy ETF’ With SEC โ Finance Bitcoin News
Charles Schwab is launching a crypto economy exchange-traded fund (ETF). According to the companyโs filing with the U.S. Securities and Exchange Commission (SEC), โSchwab Crypto Economy ETFโ will trade on the NYSE Arca. Charles Schwab Registers Crypto Economy ETF With SEC Charles Schwab, one of the largest financial institutions in the U.S., filed a registration statement with the U.S. Securities and Exchange Commission (SEC) Wednesday for โSchwab Crypto Economy ETF.โ The new exchange-traded fund will be listed on the NYSE Arca, the filing shows, adding that the registration statement is…
A Valuable DeFi Trend You Should Know About: Data Finance (DataFi)
Since 2019, decentralized finance (DeFi) proved a valuable utility for cryptocurrency and likely kickstarted the bull market. Yield farming, staking and lending earned many cryptocurrency investors annual interest rates in double- and even triple-digit territory. Unheard of in traditional finance! But with high returns, investors faced high risks too. Numerous exploits of smart contracts where user funds were drained and malicious activity of DeFi protocols that suddenly withdrew large amounts of cryptocurrency resulted in a healthy amount of skepticism. Also, DeFi moved backstage since speculation around NFTs became a lucrative…
A16z Investing $70M in Ethereum Staking Provider Lido Finance
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Billionaire Investor Legend Bill Miller – There Is No Other Asset Like Bitcoin
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Billionaire Investor Legend Bill Miller – There Is No Other Asset Like Bitcoin ๐ฐ Get FREE $100 In Bitcoin When You Open Tax-Free IRA Crypto Account With iTrust Capital: Offer valid ONLY for U.S. residents 18+ ๐ฐ Copy Successful Trades: ๐ฐ Easy Way To Make Huge Money with BTC and Crypto ๐ฐ Best Crypto Exchange For Canadians – ๐ Checkout Our Animated Metaverse/NFT Channel ๐ Finance And Global Economics Updates On Our 2nd Channel – ๐ Enjoy Our Wojak Crypto Memes Videos…
EU is โtaking measuresโ against Russia using crypto to bypass sanctions, say finance ministers
Economy and finance ministers representing nations in the European Union have said they will address Russiaโs potential use of cryptocurrencies to evade sanctions imposed on it following its operations in Ukraine. Speaking to reporters through an interpreter following an informal video conference of EU economy and finance ministers on Wednesday, Franceโs finance minister, Bruno Le Maire,ย said lawmakers had already worked to freeze โa significant amount of the assetsโ in Russiaโs central bank as part of its efforts to financially penalize the country over its ongoing efforts in Ukraine. However, he…
Bitcoiners Were Right: Weaponized Finance Just Created a Post-Dollar Planet
Sanctioning Russia is vital in defense of a peaceful world. But it’s also exposing the big lie at the heart of the financial status quo. Source