Blockchain / Crypto
Hong Kong’s Babel Finance raises $80M Series B funding, valuation hits $2B
Babel Finance, a Hong Kong-based crypto financial service provider that provides digital asset loans, said Tuesday it has raised $80 million in a Series B funding round, and the investment increased the company's worth to $2 billion. Leading venture capital companies such as Circle Ventures, 10T Holdings, Jenerations Capital, BAI Capital and Bertelsmann,…
United States Mythical Games partners South Korea’s Kakao for APAC expansion
United States-based next-generation blockchain gaming studio Mythical Games announced Thursday a partnership with Kakao Games, South Korea’s leading publisher of online and mobile games. Moving forward, Mythical will integrate and support the BORANETWORK – an affiliate of Kakao Games and its proprietary blockchain and layer 2 ecosystem – as both entities…
Singapore’s Nansen launches crypto-native messaging application
Nansen, a Singapore-based blockchain data analytics platform, announced Wednesday the launch of Nansen Connect, a crypto-native communications hub designed to be a nexus for high-value, high-signal interactions for Web3 natives.
TripleA announces the close of its first funding round, led by Razer’s corporate venture arm zVentures
TripleA is the first Crypto Payments Company that has earned the Digital Payment Token license from the Monetary Authority of Singapore (MAS). This allows the company to provide end-to-end cryptocurrency payment services for businesses in full compliance with global regulatory standards.
Bill Gates says crypto, NFTs are “based on greater-fool” theory – report
Bitcoin plunged more than 15 percent on Monday and another 5.4 percent on Tuesday, part of a broader crypto sell-off fuelled by higher-than-forecast US inflation and the halt of withdrawals by lending platform Celsius, according to Bloomberg.
Request Finance raises $5.5M from Animoca Brands, Balderton, XAnge and Web3 Founders to simplify enterprise Crypto payments
Request Finance, the Web3 enterprise crypto payments startup, has closed a $5.5 million seed round with institutional backers including Animoca Brands, Europe early-stage venture capital investor Balderton Capital, and XAnge.
Here’s why free-to-play can attract millions of new players into the Web3 gaming ecosystem [Podcast]
For the “play-to-earn” title to avoid becoming a misnomer, steps must be taken to reduce high entry costs, or even better, have no capital requirements at all.
Vietnam’s Ancient8 raises $6M from Makers Fund and C2 for GameFi infrastructure
Ancient8, a GameFi infrastructure developer and Vietnam’s largest blockchain gaming guild and community, announced Thursday the completion of a $6 million private round of financing led by Makers Fund and C² Ventures. The round also saw participation from existing and new investors Pantera Capital, 6th Man Ventures, IOSG Ventures, Folius Ventures,…
ADDX is first Singapore financial institution to recognize crypto assets of accredited investors
Private market exchange ADDX has become the first financial institution in Singapore to recognise cryptocurrency assets for the purpose of onboarding accredited investors.
Singapore’s Cake DeFi pays a record $317M in rewards to customers
Cake DeFi, Singapore-based Decentralized Finance (DeFi) platform, celebrated its third anniversary today with a key milestone. The company announced that it has paid out over $317 million in rewards as of end Q1 2022 while continuing to see robust business growth of an average of almost 90 percent quarter-on-quarter since 2019.
