The fund will support early-stage NFT projects that are contributing to the growth and development of the Web3 economy. Crypto exchange KuCoin’s venture capital arm and nonfungible token (NFT) marketplace have launched a $100 million “Creators Fund” to help bootstrap early-stage NFT projects at the intersection of art, sports and GameFi. KuCoin Ventures and the...Continue Reading

Long-term holders are in command amid a lack of speculators — and they’re showing little interest in selling. Bitcoin (BTC) dropping to $25,000 or lower is unlikely thanks to hodlers hoping for all-time highs, not speculative traders, new research says. In a series of tweets on April 19, popular analyst Root argued that there is...Continue Reading

The latest funding round doubled CoinDCX’s valuation to $2.15 billion, making it the most-valued crypto company in India. Crypto exchange CoinDCX became India’s first crypto business to complete a Series D funding round, raising $135 million in support of various Web3 and crypto initiatives in the country.  The latest funding round resulted in CoinDCX doubling...Continue Reading

Analysts still expect Ethereum to hold its long-term bullish bias on bets that its highly-anticipated technical upgrade this year will be successful. Ethereum’s native token Ether (ETH) has dropped by nearly 20% in the last three weeks, hitting monthly lows near $2,900 on April 19. But despite rebounding above $3,000 since, technicals suggest more downside...Continue Reading

Blockchain.com would be just the second crypto exchange to go public in the U.S. if it can perform an IPO before Binance.US which is attempting to do the same. Crypto exchange and block explorer Blockchain.com has begun talking with American banks to explore how it may hold an initial public offering (IPO) as soon as...Continue Reading

Be Media has begun an aggressive hiring process in the fields of blockchain development and project management following the acquisition. NFT investment giant Animoca Brands has acquired a major stake in Australian digital marketing agency Be Media. Be Media has locations in Perth, Melbourne, and Sydney and has provided Web2 firms with advertising and digital...Continue Reading

A raft of new political and electoral integrity laws proposed in Ireland will see the banning of donations made in crypto to political parties in the country. Donations made to political parties using cryptocurrencies will be banned in Ireland under new political integrity laws drafted due to concerns around foreign interference in politics. Amendments proposed...Continue Reading

The foundation that oversees and funds developments on the Ethereum network has disclosed its total holdings, which include a sizable fifth in non-crypto assets. The Ethereum Foundation (EF) has released a report detailing how its $1.6 billion treasury consists mostly of Ether (ETH), but with a surprising 18.8% in non-crypto assets. In total, the EF...Continue Reading

After selling for a mint price of 2.5 ETH on April 16, the floor price of Moonbirds has also quickly risen to 18.45 ETH. The freshly launched Ethereum-based Moonbirds NFT project is soaring to the top of the trade volume charts after generating $290 million worth of sales in just four days. There are 10,000...Continue Reading

The fees will bring virtual currency companies on par with those paid by banking and insurance institutions as a way for the state to recoup operating expense costs and “best support” the industry. The cost of running a crypto business in New York is about to rise with the state government gearing up to require...Continue Reading