Tag: Firm

Aptos falling as Tradecurve remains firm, attracting DeFi fans

The recent altcoin revival captured investors’ attention, but not all tokens benefited. Aptos, for example, is down on the daily chart. On the other hand, Tradecurve’s prices are trending higher, drawing more decentralized finance (DeFi) enthusiasts. >>Register for the Tradecurve presale<< Aptos in the red zone Aptos recently released the Petra Wallet on Google Play and the Apple App Store. Moreover, the project also introduced the Aptos Improvement Proposal (AIP-10), Move Objects. The proposal aims to enhance resource control and ownership management performance and storage. As of July 11, 2023,…

Venture Capital Firm Shima Capital Didn’t Slow Strategy for Crypto Winter

“Infrastructure deals typically hold up well in crypto winter because they usually take longer to build the projects and also require much more talent, which is cheaper now,” said Gao. “On the other end of the barbell, we see that consumer apps, specifically gaming, continue to make up a large portion of our portfolio,” he continued. “People play more games in bear markets and, more importantly, tokenomics and digital assets fit nicely into a well-designed game.” Source

Firm managing over $7 trillion in assets buys more bitcoin mining stocks

boss

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Vanguard Group, a financial manager controlling assets worth over $7.2 trillion, is buying more stocks from leading bitcoin mining companies per recent filings with the Securities and Exchange Commission (SEC). Per public data, Vanguard has been increasing its exposure to stocks from some of the United States’ top Bitcoin miners, specifically Marathon Digital and Riot Blockchain. Vanguard increases exposure to bitcoin mining stocks Records show that Vanguard holds 17.5 million shares of Marathon Digital worth $280.5 million. At…

Artificial Intelligence-Backed Web3 Security Firm Olympix Raises $4.3M

“Out of the many wins Olympix has had over the past year, I’m most proud of the results of our static analyzer private alpha,” wrote Greenwall in the announcement post. “With 30+ companies participating, including Blockdaemon, Rysk Finance, and Arrakis Finance, we’ve become a trusted part of the developer workflow not just to find and fix vulnerabilities, but help the developer become more sophisticated through real-time micro-teaching moments. Most notably, our private alpha has helped developers secure over $300 million in assets since its launch.” Source

Sega exec calls P2E games ‘boring,’ Tom Brady’s NFT firm switches it up and more

boss

Sega co-COO yawns at P2E games The co-chief operating officer of Sega has called play-to-earn games “boring” amid the firm’s retreat from franchising some of its hottest properties to the blockchain gaming space. Bloomberg reported on July 6 that Shuji Utsumi, the co-COO of the gaming company behind Sonic The Hedgehog, said Sega would shelve plans to develop blockchain games for now. Third-party blockchain gaming projects would also not get access to Sega’s biggest franchises, with Utsumi adding: “The action in play-to-earn games is boring, what’s the point if games…

Crypto ATM firm Bitcoin Depot will go public on Nasdaq starting July 3

boss

Bitcoin Depot, one of the largest cryptocurrency ATM firms in the United States, has announced the closing of a merger deal allowing the company to go public. In a June 30 announcement, fintech firm GSR II Meteora Acquisition Corporation said its stockholders had approved the merger for the firm to act as a special purpose acquisition company for Bitcoin Depot. The deal, first reported in August 2022, cost $885 million and is expected to allow investors exposure to Bitcoin Depot on the Nasdaq starting July 3. $GSRM & Bitcoin Depot…