Venture capitalists are rushing to invest in artificial intelligence start-ups as growing hype around “generative AI” fills the void left by failing cryptocurrency and...

In brief Stability AI and Jasper – two startups that make AI software that auto-generates images, text, and other stuff – have each reached...

The Block's Frank Chaparro spoke with Multicoin Capital co-founder Kyle Samani.

The post Here’s the next big thing in NFTs, according to Multicoin Capital’s Kyle Samani appeared first on The Block.

During a recent interview, Maximilian Tayenthal, co-CEO of German banking startup N26, announced that the company is planning to accelerate its IPO efforts.

BNY Mellon is building a multi-asset digital custody and admin platform for traditional and digital assets.

NFT marketplace OpenSea has launched an investment arm to fund Web3 projects including a community grants program to support community initiatives that benefit the wider Web3 and NFT ecosystem. The initiative will be led by OpenSea co-founder Alex Attalah. In addition to the capital, it will also offer access to company leadership and to its own venture partners, which include Andreessen Horowitz, Katie Haun, and Electric Capital, among others. As for the new investment arm, the project will focus on four key themes including the ‘shift to a multi-chain world’ for both fungible and non-fungible tokens, new NFT protocols, Web3 gaming, and social projects, and NFT aggregators that support both OpenSea and other marketplaces. “We hope that OpenSea Ventures will provide Web3 developers and NFT creators around the world with the resources they need to build new decentralized economies that give creators, developers, and consumers greater freedom and ownership,” the firm said. In addition, OpenSea’s new grants program is slated to provide funding, advice, technical advisory, and strategic connections to the investment arm’s. With the new venture arm, OpenSea follows in the footsteps of US-based crypto exchange Coinbase, whose investment arm, Coinbase Ventures, participated in the NFT marketplace’s $2 million seed round in 2018. OpenSea recently closed a $300 million Series C funding round led by Paradigm and Coatue which resulted in the company’s valuation hitting $13.3 billion.

The post OpenSea Launches New Investment Arm and Grants Program appeared first on Cryptoknowmics-Crypto News and Media Platform.

On this episode of The Scoop, MobileCoin founder and CEO Josh Goldbard joined Frank Chaparro to explain how MobileCoin is trying to blend encrypted messaging and payments in the Signal messenger app to make global money transfers easy.

The post How MobileCoin aims to be the global CashApp appeared first on The Block.

The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last August when Dune Analytics raised $8 million. With the Series A and B combined, the firm has been propelled to unicorn status with a post-money […]

Ethereum-centric analytics platform Dune Analytics has raised $69,420,000 in Series B funding led by New York-based private equity firm Coatue. (Read More)

One of Ethereum’s most popular data visualization and analytics platform is gearing up for expansion with a massive fundraising round. On Wednesday, Dune Analytics announced the close of a $69,420,000 round at a $1 billion valuation. (The meme-flavored sum follows crypto exchange FTX raising $420,690,000 last October.) The round was led by Coatue, a venture…

The post Dune Analytics Raises Crypto’s Latest Meme Round: $69,420,000 appeared first on Bitcoin News Miner.

Key Takeaways OpenSea has become the home of NFT trading, but its various problems are leading users to seek out alternatives. LooksRare caused a...