Andreessen Horowitz launches $4.5 billion crypto fund despite the market downturn
    26 May 2022

    Major venture capital firm Andreessen Horowitz (a16z) has unveiled the largest-ever $4.5 billion crypto fund despite the ongoing downturn in the global financial markets. Focused on crypto and Web3, the new Crypto Fund IV is double the size of its previous fund, launched in 2021. The new fund is double the size of the last…

    OpenSea announces brand new NFT marketplace protocol Seaport
    26 May 2022

    The world’s most popular NFT marketplace OpenSea has unveiled a new Web3 protocol that allows anyone to set up new and decentralized NFT marketplaces. As per some members of the community, the protocol could become the “Uniswap moment” of NFTs. In its blog post, OpenSea said that the first iteration of the new protocol, titled…

    GameStop launches its crypto and NFT wallet, with shares jumping 3%
    25 May 2022

    Video game and electronics retailer GameStop Corp. unveiled on May 23 a digital asset wallet that will let gamers and others store, send, receive and use cryptocurrencies and NFTs on several decentralized apps without leaving their web browsers. Upon the announcement, GameStop shares jumped nearly 3% in pre-market trading on Monday. According to a company…

    Istanbul to hold the 4th Blockchain Economy Summit on July 27-28
    24 May 2022

    After 2 years of the Covid-19 pandemic, Blockchain Economy Summit is again back in Istanbul on July 27-28, 2022. The event will bring together more than 3,000 participants from 55 countries around the world to discuss the future of finance, Web3, NFTs, Metaverse, DeFi, regulation of the crypto sector, the implementation of blockchain technology in…

    India’s Eros Investments partners with Dubai’s virtual assets regulator
    23 May 2022

    Eros Investments, India’s investment company, has partnered with Dubai’s Virtual Asset Regulatory Authority (VARA). It plans to fund and support more than media, art, and entertainment 100 startups by 2025. Eros Investments, run by India’s Lulla family, plans to develop Web3 and blockchain businesses out of Dubai as part of a partnership deal to operate…

    Dubai’s Museum of the Future and Binance NFT to launch the inaugural NFT collection
    22 May 2022

    Museum of the Future, a futuristic Emirati museum in Dubai, has teamed up with leading crypto exchange Binance to cultivate and present a collection of NFTs. Celebrating International Museum Day, the museum, deemed the world’s most beautiful and futuristic building, is introducing a brand new concept that talks about the possibilities of the future. Launched…