Exciting times lead to exciting posts, many of which bring up valid questions, and maybe some less valuable answers.
3AC liquidators seek time, access to headquarters as Genesis, Algorand ties are untangled
In a court filing in Singapore, 3AC’s liquidators seek to slow down an expected onslaught of suits while they figure out the company’s complex financial dealings.
Privacy-focused applications platform Aleo raises $200M
Aleo will use the funds to support developers in building applications within its private and scalable platform.
Mercado Bitcoin operator acquires Portuguese crypto exchange
After raising over $250 million from firms like SoftBank last year, Brazil’s 2TM Group is expanding into Europe.
Everyone’s in The Sandbox: Artists, brands and creators pile into the Metaverse
New ecosystem partners, attractive creator incentives and the successful completion of a $93 million funding round are a few reasons why SAND has rallied 393% in the past two weeks.
Digital Currency Group sells $700M of shares for investors to take profits
Digital Currency Group CEO and founder Barry Silbert didn’t sell any stock in the latest round.
Elliptic raise $60M to advance crypto analytics service
The blockchain analytics firm have amassed data points on 98% of the market’s digital assets.
Blockdaemon secures unicorn status with $155M raise
In the venture capital world, a privately-held startup company becomes a “unicorn” when its valuation exceeds $1 billion.
Softbank leads $800M investment for banking app Revolut
Now valued at $33 billion, Revolut didn’t rule out a potential IPO this year, but the firm’s CFO suggested that it was unlikely.
Fantasy soccer NFT platform Sorare reportedly closing in on $532M in funding
Sorare is reportedly closing in a half a billion dollar funding round with a valuation of at least $3.8 billion.
SoftBank founder hesitant on Bitcoin but says it ‘can’t be ignored’
SoftBank’s Masayoshi Son compares the popularity of Bitcoin to diamonds and bonds, but he still remains unsure about it.
Binance in Talks to Launch Crypto Trading Joint Venture in Japan
The exchange said it is discussing a strategic partnership with a Softbank subsidiary and Japan-based exchange TaoTao to work together to provide “trading services” in the country.
SoftBank to Develop Cross-Carrier Blockchain Payments With IBM Tech
SoftBank is working with IBM to develop cross-carrier blockchain tech to enable smartphone users to make local payments when traveling abroad.
SoftBank Eyes Blockchain to Solve Issues With Online Authentication
Japanese telco SoftBank is exploring blockchain tech as a way to improve upon current centralized and fragmented ID and authentication services.
LG’s Mobile Arm to Trial Blockchain Payments for Overseas Travelers
South Korean telco LG Uplus is to trial a blockchain-based mobile payment service aimed to let travelers save fees when shopping abroad.
Softbank Completes Blockchain PoC for Cross-Carrier Mobile Payments
Japanese telecoms giant Softbank Corp. has completed a blockchain proof-of-concept that allows P2P mobile payments across different carriers.
Softbank, Baidu Lead $3 Million Funding for Ex-Googler’s Crypto Startup
Atlas Protocol is getting initial backing from Softbank China Capital and BV (Baidu Venture), who are betting on onchain data as a marketing asset.