Crypto Economy

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Crypto Economy

Grayscale Investments responded to the SEC's rejection of its application for a bitcoin spot exchange-traded fund by filing a lawsuit against the agency. But not everyone is convinced that it’ll work.

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The SEC rejected bitcoin spot ETFs again. Now what?

As governments worldwide continue to eye the crypto industry, some digital asset managers are pushing back against regulators in an effort to provide more legal investing opportunities. The U.S. Securities and Exchange Commission on Wednesday rejected Grayscale Investments’ application to convert i…

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OP Crypto raising $100M for ‘Fund of Funds’ to back fund managers

OP Crypto is raising $100M for its new investment, dubbed "Fund of Funds", to deploy capital into emerging fund managers focused on early-stage crypto investments

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FTX says no active talks to buy Robinhood

SBF praises Robinhood, hints at possible partnerships

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This crypto winter may be long, but builders remain bullish

Many of the top digital assets in the cryptocurrency market are down significantly, but some market participants are shrugging it off and focusing on the long game.

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Solana launches web3-focused smartphone Saga to improve crypto-mobile relationship

The co-founder and CEO of Solana, Anatoly Yakovenko, had a Steve Jobs moment when he stood in front of an auditorium in New York City and announced the launch of Saga, an Android web3-focused smartphone. “This is something that I fundamentally believe the industry needs to do,” Yakovenko said. “We …

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Magic Eden raises $130M, hitting unicorn status at $1.6B valuation

NFT marketplace Magic Eden, launched just nine months ago, has raised $130 million in a Series B round co-led by Electric Capital and Greylock Partners, bringing its valuation to $1.6 billion. Lightspeed Venture Partners also participated alongside previous investors Paradigm and Sequoia Capital. T…

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Immutable launches $500M fund to boost web3 gaming adoption

The crypto gaming industry is continuing to grow in popularity as more capital is deployed in the space and traditional Web 2.0 gaming studios look to enter the web3 market. Immutable, an Australia-based web3 gaming firm, launched an inaugural $500 million developer and venture investment fund, Rob…

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As Celsius accelerates the crypto sell-off, who pays the price?

Many market participants indicated Celsius may be a riskier firm than many originally believed it to be, with some pointing toward a lack of confidence in its operations.

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Without a clear ask, your pitch deck is useless

Having a great "ask" slide can reassure investors: It shows a founder wants to raise an amount of money that unlocks the next stage of growth and knows what milestones they need to hit to get there.

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Equity crowdfunding appears immune to market volatility, on track for its best year yet

With the fundraising climate now showing cloudy skies, equity crowdfunding is getting ready for a field day.

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