The largest buzz came from Electric Capital with its $1 billion raise for two new funds focused on crypto ventures and tokens

The post Funding Roundup: $1.34B Invested in Crypto Companies and Funds This Week appeared first on Blockworks.

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 […]

The post CoinList unveils the 7 crypto seed projects for Winter 2022 cohort appeared first on CryptoNinjas.

The venture firm said it will use the fresh capital to invest in startups that focus on DeFi, NFT, DAO, and blockchain infrastructure.

Increasing divergence between cryptocurrencies and equities has prompted suggestions that bitcoin has become a risk-off asset

The post Market Wrap: Bitcoin, ETH Extend Gains as Equity Markets Continue To Fall appeared first on Blockworks.

Electric Capital unveiled $1B for two funds that will support blockchain projects with investments in equity and tokens.

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.

A price war has erupted in DEXs with Uniswap and dYdX trading blows.

There were also 140,000 NFTs minted on the Stacks blockchain during its inaugural year.

MEXC Pioneer is partnering with Proximity Labs, a cutting-edge research firm focused on DeFi technology within NEAR ecosystem.  Decentralized finance, or DeFi, has become an essential component of cryptocurrency markets and firmly established itself in the blockchain industry. Today, people are looking for more easy-to-use and reliable DeFi platforms to get involved. Focused on DeFi […]

On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than 7% against the U.S. dollar. Near Foundation Gets a $150 Million Capital Injection The team behind […]

Electric Capital’s Maria Shen dives into her company’s recently published research report about Web3 open-source development in 2021 and shares her thoughts and insights on how developers are flocking to[...]

The post 65% of Active Developers Joined Web3 in 2021 appeared first on Unchained Podcast.