Byte Trading, a crypto market maker specialized in derivatives, has raised $7 million in a seed funding round.

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The Metaplex Foundation has announced its completion of a $46m strategic funding round led jointly by Multicoin Capital and Jump Crypto with participation from Solana Ventures, Alameda Research, and more than 90 individuals, including basketball legend Michael Jordan.

Metaplex, a company that allows users to build their own Solana-based non-fungible token (NFT) marketplaces, has raised a $46 million funding round led by Multicoin Capital and Jump Crypto, the company announced Tuesday. Metaplex says it will use the funding to scale its operations and provide grants to support creators from underrepresented communities. While the…

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Popular cryptocurrency analyst Michaël van de Poppe has revealed he believes the price of Cardano ($ADA) has bottomed out after dipping to $1 and is now “targeting” a rally toward the $2 mark as investors move in. In a new update shared on the Google-owned platform YouTube, van de Poppe has noted that Cardano is […]

The transaction volume seen on the Cardano ($ADA) network has briefly surpassed that of the Ethereum ($ETH) blockchain ahead of the launch of a highly-anticipated decentralized exchange on Cardano called SundaeSwap. According to data from Messari, Cardano’s daily transaction volume was at one point above the $7 billion mark, surpassing the daily transactions volume seen […]

Crypto derivatives exchange FTX has launched a $2 billion venture fund focused on backing Web3 projects and the overall digital asset ecosystem. Dubbed FTX ventures, the fund will be headed by Amy Wu, a former partner at $10 billion investment firm Lightspeed Ventures Partners. FTX Ventures will invest in multi-stage companies and projects and is particularly excited about the number of talented teams in the Web3 gaming space. In fact, Wu stated that she’s “particularly excited about web3 gaming” and it’s potential to go mainstream. She has previously led multi-million-dollar investments in blockchain software company Alchemy and crypto-gaming firm Faraway. “I am thrilled to be joining FTX to work alongside Sam and some of the smartest people disrupting the financial services industry. With FTX Ventures, we are looking to support entrepreneurs building generational businesses. We’re particularly excited about web3 gaming and its ability to bring mainstream audiences into the ecosystem,” Wu said. In November 2021, FTX, Lightspeed Venture Partners and Solana Ventures even teamed up to create a $100 million blockchain gaming fund. Commenting on the development, FTX CEO, Bankman-Fried said in a statement: “Our investors at FTX have made a deep impact in supporting our growth and development. We strive to do the same at FTX Ventures and are excited to find the brightest minds and disruptive innovation in tech.” As part of FTX Ventures, Wu will lead a team of eight people, which includes general partner Ramnik Arora who has worked as FTX’s head of product since October 2020. Advisor Armani Ferrante, is also part of the team who has previously worked as a software engineer at Alameda Research, a quantitative crypto trading firm and liquidity provider founded by Sam Bankman-Fried himself. With the launch of FTX Ventures, the US-based cryptocurrency exchange has now joined the likes of Binance Labs and Coinbase Ventures, both of which have been in existence for several years.

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What a wonderful time, Christmas is right around the corner (might be after Christmas when you read this) and 2022 is getting closer and closer. When looking back at this year it’s safe to say that at least for those who invested in cryptocurrencies it’s been a great year. Bitcoin is up 100%, Ethereum over […]

The post Crypto Charities and Donations: Embrace The Gift of Giving appeared first on Coin Bureau.

The performance of Solana in 2021 has been astonishing. Unless you’ve been living under a rock there’s no way that Solana’s rapid growth has gone unnoticed to you. Not only has the price of Solana risen, the whole ecosystem has seen massive developments. I have to say looking into it has been a thrill and […]

The post Top 9 Projects In The Solana Ecosystem: Huge Potential! appeared first on Coin Bureau.

Rio de Janeiro, Brazil, 23rd December, 2021, Chainwire The growth of the GameFi market within the crypto ecosystem has seen tremendous growth in the past year and is showing all the signs for an upward trajectory in the impending future. As such, Elfin Kingdom, one of the most promising projects in the play-to-earn space has

Crypto exchange regulation has been frustratingly complex for crypto traders in recent years, being about as difficult to understand and navigate through as trying to play pin the tail on donkey while blindfolded and submerged in chocolate pudding. FTX have finally overcome what has felt like a bad dating show about who is dating who, […]

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