Cryptoys banks a16z funding to build NFTs for kids
The past several months haven’t been entirely kind to the NFT market — while transaction volume hasn’t stuttered too significantly, the dollar amount invested in the space has been in free fall as cryptocurrency prices have taken a historic dive. With that as background, it might …
eBay acquires NFT marketplace KnownOrigin for an undisclosed sum
eBay announced today that it’s acquiring Manchester-based NFT marketplace KnownOrigin. The financial terms of the deal were not disclosed. eBay says the companies have signed and closed the deal as of June 22nd. KnownOrigin was founded in 2018 by Andy Gray, David Moore and James Morgan. All t…
Afropolitan raises millions from Balaji Srinivasan and others to build a digital nation
Last April, Balaji Srinivasan, a high-profile figure in the crypto space and the ex-CTO of Coinbase, wrote a piece titled “How to Start a New Country” in the 21st century. His view was that this new world—The Network State—would give millions of people a fresh societal and financial start free of …
Iran to cut electricity to authorized crypto miners: report
Iran’s relationship with the crypto mining sector is a love-hate one. The government is again restricting crypto mining activity as it tries to ease the strain on the country’s power supply, despite knowing the promise of crypto as a way to evade international sanctions. Electricity to …
Southeast Asia, a diverse region with an expanding population and rising income, is emerging as a popular destination for crypto entrepreneurs and investors hunting down high-growth startups in the space. More than 600 crypto or blockchain companies are now headquartered in Southeast Asia, accordin…
Tatsumeeko wants to bring the metaverse to Discord
Tatsumeeko, an “MMORPG-lite” game on Ethereum and Solana developed by the team behind cross-gaming platform ecosystem Tatsu.GG, announced today that it has raised $7.5 million in seed funding. The round was co-led by DeFiance Capital, Delphi Ventures and BITKRAFT Ventures, with participation from i…
Proposed bipartisan US crypto bill could be ‘sigh of relief’ for the industry
"The bill matters as it is a step in the right direction for legislation and definition of 'crypto,' what a 'crypto asset' is and what regulation will look like," said Nick Donarski, CTO of ORE System.
Walmart is acquiring Memomi, an AR startup powering virtual try-on for eyewear
Walmart is expanding its array of virtual try-on services for shoppers with today’s news that it’s planning to acquire Memomi, an AR optical tech company and current Walmart partner offering virtual try-on experience for eyewear. Deal terms were not disclosed, but Memomi has enabled dig…