Twitch co-founder raises $24M for Web3 gaming firm Metatheory

Web3 gaming and entertainment company Metatheory founded by Twitch co-founder Kevin Lin has raised $24 million in a Series A funding round on Monday. The round was led by crypto capital venture firm Andreessen Horowitz (a16z), with participation from Pantera Capital, the venture arm of the FTX cryptocurrency exchange, FTX Ventures, and other venture firms, according to the announcement. Metatheory was launched in November 2021 around one year after Lin left Twitch, where he wrote in a Medium article at the time that he was creating the gaming company and also…

Crypto Custody Firm Fireblocks Integrates with the DigitalBits Blockchain

Crypto custody firm Fireblocks has launched a new integration with the DigitalBits blockchain, providing users with secure access to products and services built on the DigitalBits blockchain, such as branded cryptocurrencies, NFTs and other digital assets. The DigitalBits blockchain is a first-layer protocol for NFTs to tokenize assets and support various brands created on their blockchains. With Beckham’s close relationship with the brand, the partnership will facilitate DigitalBits’ collaboration with global brands such as Adidas, Maserati, Tudor, Sands, Diageo and EA. “This strategic integration by Fireblocks is a huge milestone…

Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates – Finance Bitcoin News

Several major financial services firms, including Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset technology provider Talos, which aims to remove “the barriers to wide-scale crypto adoption.” The latest funding round values the company at $1.25 billion. Citi, Wells Fargo, BNY Mellon Participate in $105M Funding Round for Digital Asset Tech Firm A number of major financial services companies, including Citi and Wells Fargo, have joined a funding round for Talos, a global firm that provides institutional digital asset trading technology. Talos announced a $105 million…

$1,270,000,000 in Bitcoin Moved to Crypto Exchanges As BTC Struggles Above $30,000: Analytics Firm

Analytics firm Santiment says leading digital asset Bitcoin (BTC) is being moved onto exchange platforms at a rapid rate amid a sharp crypto market downturn. Santiment notes a net sum of about 40,620 BTC moved onto crypto exchange networks as prices cratered this week. With Bitcoin trading around $31,000 at time of writing, that total amount moved is currently worth a staggering $1.27 billion. The market intelligence firm says this marks the largest spike in net exchange inflow of the top crypto asset by market cap to exchange platforms since…

Indie Russian news firm raises $250K in crypto after sanctions cripple finances

A Russian independent news company has raised more than US$250,000 in cryptocurrency donations from supporters in order to continue reporting independent news under a barrage of Russian government propaganda and censorship.  Meduza, a Latvian-based Russian-language news site that claims to report on “the real Russia, today” has been asking for donations since March in the form of USD, euros and cryptocurrency, including Bitcoin (BTC), Ethereum (ETH), Binance (BNB), Tether (USDT), Monero (XMR) and zcash (ZEC). Since publishing their donations plea, the news company has received around US$250,000 in crypto donations…

Gaming Content Firm Holodeck Merges With Crypto Specialist Arslanian Media

CryptoX is a multi-platform publisher of news and information. CryptoXtrade has earned a reputation as the leading provider of cryptocurrency news and cryptomarket analysis, bitcoin and other cryptocurrencies, blockchain technology, finance and investments. CryptoXtrade have become a known leader in the cryptocurrency information market. We work only with trusted information sources providing latest financial and technological innovations that improves the quality of life of CryptoX readers by focusing on Cryptocurrency and Blockchain. CryptoX Portal