FTX US rises $400 million in Series A round and is valued at $8 billion
    27 Jan 2022
    695 Views

    Cryptocurrency exchange FTX US has raised $400 million in its first funding round from investors, including Japan’s SoftBank Group Corp and Singapore’s Temasek Holdings, reaching the market value at $8 billion. The investment gives FTX US a valuation of $8 billion, placing it among the world’s most valuable private crypto firms. Investors in the round…

    Lamborghini to launch a limited NFT collection linked to space
    26 Jan 2022
    675 Views

    Luxury automobile manufacturer Lamborghini is launching an NFT collection that’s out of this world. The initiative is a set of digital space keys. Five digital artwork NFTs have been made by a yet-to-be-disclosed artist. The Italian marque Lamborghini is renowned for its supercars such as the Huracán and Aventador. Still, now it wants to expand…

    Robinhood starts testing its crypto wallet

    Trading platform Robinhood has begun rolling out crypto wallets to 1,000 customers. Users from the waitlist are allowed to send and receive their cryptocurrencies from Robinhood to external crypto wallets. By March, 10,000 customers will be testing the wallets before a broader rollout in 2022. Robinhood Markets Inc. is rolling out the beta version of…

    a16z and Google invest $20 million in Africa’s largest Web3 game publisher
    24 Jan 2022
    655 Views

    Carry1st, a South African publisher of social games and interactive content across Africa, has raised a $20 million Series A extension led by Andreessen Horowitz (a16z), with investments from Avenir and Google. Carry1st will use this funding to expand its portfolio, teams, and user base, as well as develop Web3 infrastructure in Africa to support…

    Twitter launches NFT profile picture feature for paid users
    23 Jan 2022
    723 Views

    Twitter has launched its long-anticipated NFT profile picture feature for Twitter Blue subscribers. It allows iOS users to link their crypto wallets to Twitter and display their NFTs in a hexagonally-shaped profile picture as proof of authenticity. On Thursday, Twitter announced the launch of its NFT profile picture feature for Twitter Blue users, a paid…

    Bahrain’s crypto platform Rain raises $110 million in the latest funding round
    20 Jan 2022
    899 Views

    Based in Bahrain, crypto exchange platform Rain has raised $110 million in a Series B funding round, led by global venture capital investors, including Kleiner Perkins, Coinbase Ventures, and Paradigm. According to the statement issued by Rain, other investors participated in its latest funding round, including Global Founders Capital, MEVP, Cadenza Ventures, and CMT Digital….