Top investment deals across the crypto sector over the last week (Sept. 10–16, 2022): VC firm Bloccelerate is raising $100 million for its second crypto-focused fund Venture capital firm Bloccelerate is looking to raise $100 million for its second fund, according to a filing with the US SEC on Sept. 9. The Bloccelerate VC Fund…

Amazon is among five companies to develop a digital euro prototype, as the European Central Bank (ECB) revealed its selected partners to collaborate. Amazon will be responsible for designing e-commerce payments during the prototyping exercise from September to December 2022. Meanwhile, Binance CEO praised the EU regulatory framework as a global standard for crypto regulations….

ETHPoW, a fork of the proof-of-work Ethereum blockchain, was down over 61% in 24 hours following The Merge. Meanwhile, Grayscale Investments said to an SEC it has the rights to ETHPoW tokens due to The Merge. The native token of EthereumPoW, a proof-of-work hardfork of the Ethereum blockchain, was trading down over 60% on Sept….

The massive upgrade of the Ethereum network known as the Merge has finally happened, moving the digital core of the second-largest cryptocurrency to a more energy-efficient proof-of-stake protocol after years of development. The historic move casts aside the miners who had previously driven the blockchain, with promises of higher scalability and massive environmental benefits. When…

The Museum of Modern Art (MoMA) in New York is considering buying NFTs with some of the proceeds of an auction of William S. Paley’s art collection. MoMA has formed a team that monitors the digital art market and will consider purchasing NFTs. As the Wall Street Journal reported, the museum plans to sell $70…

Investment management giant State Street says institutional clients are not deterred from investing in crypto assets despite price declines. “There is a belief that the asset class is here to stay,” the firm’s executive noted. State Street had expanded its crypto service earlier, citing soaring demand from traditional funds. The Sydney Morning Herald reported that…