Tag: Million

Solana-Based Decentralized Finance Platform Mango Hit by Potential $100 Million Exploit

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Japanese Telecom Giant NTT Docomo Launches $412 Million Metaverse Unit – Metaverse Bitcoin News

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NTT Docomo, the largest telecom carrier in Japan, has launched a new division that will be dedicated to directing its metaverse push. The unit, named Qonoq, is already operating and has a staff of 200 people, researching and developing software and hardware solutions directed to integrate extended reality products for customers of the Japanese carrier. NTT Docomo Gets Into the Metaverse Telecom companies around the world are interested in the metaverse and the new services this digital world can bring to their customers. NTT Docomo, the biggest wireless…

Bitcoin Miner Greenidge Seeks to Raise $22.8 Million in Class A Common Stock Proposal – Mining Bitcoin News

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The bitcoin mining operation Greenidge Generation is seeking to raise roughly $22.8 million, according to a U.S.Securities and Exchange Commission (SEC) filing published Wednesday. According to the prospectus disclosing information, the New York-based Greenidge conducted a sales agreement with the investment firms B. Riley Securities and Northland Securities. Bitcoin Miner Greenidge Generation Looks to Raise $22.8 Million via Stock Offer According to a prospectus supplement SEC filing, Greenidge Generation is looking to raise $22,800,000 from a sale of class A common stocks. Greenidge entered a sales agreement with B. Riley…

Blockchain Game Splinterlands Reveals Gamefi Platform Sold 10 Million Packs of Chaos Legion Series Cards – Blockchain Bitcoin News

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On Wednesday, the team behind the blockchain game Splinterlands announced that it reached a new milestone after the project sold more than 10 million packs from the fantasy-themed battle game’s Chaos Legion series of cards. The achievement follows the project’s recent partnership with the Major League Soccer Players Association and Warner Music Group. Play-to-Earn Game Splinterlands Sells More Than 10 Million Packs of NFT Playing Cards The play-to-earn (P2E) blockchain game Splinterlands has announced the project has sold more than 10 million packs stemming from the game’s third major card…

Crypto-friendly Ray Dalio steps back from Bridgewater’s $150 million fund

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After 47 years in charge of the world’s largest hedge fund, Bridgewater Associates, its founder Ray Dalio has finished a leadership transition that began in February. He is no longer one of three co-chief investment officers but will remain a chief investment officer mentor and Operating Board member. As announced on Oct. 4 on Bridgewater’s corporate website, the firm and Dalio completed the necessary and required legal, regulatory and investor requirements to finish the transition procedure. From now on, the fund will be led by co-CEOs Nir Bar Dea and…

Decentralized Web3 Protocol Golden Raises $40 Million Backed by A16z – Defi Bitcoin News

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Golden, a startup that seeks to build a decentralized data hub, has raised $40 million dollars in a Series B funding round. The round, which was led by a16z crypto, will allow the company to keep building its concept, which revolves around combining data submission and validation with Web3-based token incentives. Golden Raises $40 Million to Build Decentralized Encyclopedia Golden, a decentralized data hub company, has announced it has raised $40 million in its latest Series B funding round. The round, which was led by a16z crypto, had the participation…

Kim Kardashian pays SEC $1.26 million to settle EthereumMax charge

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American socialite Kim Kardashian will pay $1.26 million in penalties for her involvement in the promotion of a cryptocurrency scheme called EthereumMax (EMAX). The United States Securities and Exchange Commission (SEC) announced the charges against Kardashian on Oct. 3 for “touting on social media a crypto asset security offered and sold by EthereumMax” without disclosing the payment received for her promotional involvement. Kardashian has agreed to settle the charges and pay $1.26 million in penalties, disgorgement and interest and is set to cooperate with further investigations by the SEC into the…

US Tennis Player Serena Williams’ VC Firm Leads Ugandan Fintech’s $12.3 Million Pre-Series A Funding Round – Fintech Bitcoin News

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The Uganda-based digital lending fintech startup, Numida, has said it will start offering its services to micro, small, and medium-sized enterprises in other African countries. Numida’s plans to offer its services to businesses beyond Uganda’s borders came shortly after it was announced that the startup had raised a total of $12.3 million in its pre-Series A funding round. Serena Ventures, a venture capital firm founded by American tennis player Serena Williams, led the funding round. Unlocking the Potential of Small Businesses in Africa Numida, the Uganda-based fintech, has said it…

Despite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million Since January – Defi Bitcoin News

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Since January 2022, the entire crypto economy has shed $1.36 trillion in value, as the market capitalization dropped from $2.34 trillion to today’s $979 billion. While the crypto economy is down in value, trade volumes are lower, and the value locked in decentralized finance (defi) has shed billions, treasuries held by decentralized autonomous organizations (DAOs) have increased by 7.69% in value since January, as roughly $700 million was added to the projects’ caches in eight months. DAO Treasuries Jump 7.6% Higher in USD Value, Since 2016 the Value Held by…