CoinList, a service platform for new crypto offerings, today unveiled its new batch of crypto projects for CoinList Seed, its platform for early-stage crypto entrepreneurs to connect with the CoinList community. More than 1,000 startups applied for the chance to join the new batch, which gives participating projects exposure to CoinList’s community of 4 million KYC-verified […]
Cardano (ADA) price trades with heavy losses on Thursday. Russia-led military operations into Ukraine send tremors through the markets. Riskier assets were hard hit including global stocks and cryptocurrencies. Nasdaq fell more than 1%, while the Dow Jones Industrial Average lost 1.95%. Cardano’s (ADA) price falls more than 7% on Thursday. ADA could expect an
Binance Labs, a venture capital and innovation incubator for the world’s largest exchange, Binance, has announced its strategic investment in Manta Network, the Web3.0 privacy protocol which is built for privatizing crypto assets. Today, most people around the planet are connecting thanks to the internet, but users have never truly experienced the feeling of privacy. [...]
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 Stacks ecosystem is the number one Web3 project on Bitcoin with more than 140,000 NFTs minted on the blockchain during its inaugural year so let’s take a closer look at today’s Bitcoin news. On the first anniversary of the launch of Stacks Blockchain that makes BTC programmable, the network achieved more than 350 million […]