Game of Silks (Silks), the first-of-its-kind derivative play-to-earn (P2E) metaverse featuring derivative NFTs, has successfully secured $2 million in funding. This fresh capital injection comes just weeks ahead of the Kentucky Derby and the upcoming launch of Silk’s first NFT collection. Tropical Racing Inc., a premier thoroughbred horse breeding and racing company, is among the many companies offering strategic and financial support to the Silks project. Troy Levy, the CEO of Tropical Racing Inc. and the co-founder of Game of Silks, explains, “The transaction announced today with Game of Silks…
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Game of Silks Raises $2 Million To Bring Thoroughbred Racehorses Onto The Blockchain
Game of Silks, the first-ever play-to-earn (P2E) metaverse featuring derivative NFTs (non-fungible tokens), has announced the successful completion of its fundraising campaign. According to the official statement, the team behind this highly anticipated blockchain game has raised $2 million, which will accelerate the development of its metaverse that reflects a virtual replica of the real-world thoroughbred horse racing industry. Tropical Racing Inc., a multi-faceted thoroughbred horse breeding and racing company led by Game of Silks co-founder Troy Levy, is among the companies supporting the Game of Silks project both financially…
Indian Crypto Exchange CoinDCX Raises Over $135 Million in New Funding Round
Indian crypto exchange CoinDCX raised over $135 million in Series D funding, the co-founder and CEO, Sumit Gupta wrote in a Twitter post. The funding increases CoinDCX’s valuation to to $2.15 billion from $1.1 billion following Series C funding in August 2021, said Rasika Joshi, director of media relations at CoinDCX. Source
Luna Foundation Purchases Another $5 Million in Bitcoin, LFG Wallet Holds 42,530 BTC – Bitcoin News
The Luna Foundation Guard (LFG) purchased an additional 123.89 bitcoin on Friday worth close to $5 million at the time of settlement. Since mid-March, Terra’s LFG has been acquiring bitcoin on a regular basis and after the purchase on Friday morning, the non-profit organization has approximately 42,530.827 bitcoin. LFG Acquires Another Batch of Bitcoins for the Project’s Decentralized UST Forex Reserves Ever since Terraform Labs founder Do Kwon said the Terra project would purchase $3 billion worth of bitcoin for Terra’s decentralized UST forex reserves, LFG has been acquiring quite…
Research Shows More Than 1 Million Australians Own Cryptocurrency – Featured Bitcoin News
A recent study by major market research firm Roy Morgan shows that more than 1 million Australians now own cryptocurrency. “The value of all cryptocurrency holdings for people aged 50+ is around $7.6 billion,” the study shows. Study: Over 1 Million Australians Own Cryptocurrency Australian research firm Roy Morgan has conducted a study into cryptocurrency investments. The study took place between December 2021 and February this year; the results were published Tuesday. Founded in 1941, Roy Morgan described itself as Australia’s largest independent research company with “an unparalleled reputation for…
London-based blockchain game developer, First Light Games completes a $5 million token sale funding round
First Light Games has successfully completed a $5 million private token sale round led by Animoca Brands and Mechanism Capital to develop its play-to-earn mobile-based game, Blast Royale. In an announcement today, London-based game development firm, First Light Games successfully closed a $5 million private token sale in an effort to boost the development and adoption of its blockchain-based mobile game, Blast Royale. The private token sale was led by top investors in the space including Mechanism Capital and Animoca Brands, a blockchain firm that has already invested in over…
Luna Foundation Buys 2,508 Bitcoin for $100 Million, Stash Is Only 495 BTC Away From Tesla’s Balance – Bitcoin News
On April 13, Terra’s Luna Foundation Guard (LFG) acquired 2,508.94 bitcoin worth close to $100 million at the time of settlement. The purchase follows the 4,130 bitcoin LFG scooped up three days ago, and LFG’s wallet is now just over 495 bitcoin away from surpassing Tesla’s bitcoin treasury stash. Luna Foundation Adds More Bitcoin to UST Reserve Wallet LFG purchased another batch of bitcoin on Wednesday, adding to the non-profit’s bitcoin reserves meant to protect the Terra network’s stablecoin, UST. On April 13, 2022, at 1:55 a.m. (UST), the LFG…
Luna Foundation Guard Adds $100 Million BTC to UST Reserves
LFG Balance now is at $2.26 billion, with 75% comprising of bitcoin. Source
Blackrock, Fidelity to Invest in Crypto Firm Circle’s $400 Million Funding Round – Finance Bitcoin News
Blackrock, Fidelity, Marshall Wace, and Fin Capital are investing in crypto firm Circle. In addition, Blackrock, the world’s largest asset manager, has entered into a broader strategic partnership with the crypto firm. Blackrock, Fidelity, Marshall Wace, Fin Capital to Invest in Circle Circle Internet Financial announced Tuesday that it has entered into an agreement for a $400 million funding round with investments from Blackrock Inc., Fidelity Management and Research, Marshall Wace LLP, and Fin Capital. Circle is the issuer of USD Coin (USDC). The stablecoin USDC has a market cap…
Anonymous Has Released Over 2 Million Russian Emails in Cyberwar With Russia – Bitcoin News
Hacktivist collective Anonymous claims it has already published millions of leaked Russian emails. The group has been waging a cyberwar on Russia over its invasion of Ukraine, carrying out attacks on government institutions, state-run television channels, and the central bank. Russia’s Culture Ministry Becomes Latest Target of Anonymous Anonymous has released well over two million emails obtained in cyberattacks on Russian organizations, the decentralized hacking group announced through social media. “This is just the beginning,” read a message posted on Twitter by the affiliated Anonymous TV account this past Sunday.…