FTX is reportedly raising more funds after buying crypto firms

    Crypto exchange FTX, co-founded by billionaire Sam Bankman-Fried, is reportedly looking into raising a new round of capital after its recent spending spree added new digital assets marketplaces to the fold. FTX and FTX US are both raising fresh capital, people familiar with the matter who aren’t authorized to discuss ongoing discussions told Bloomberg on…

    OpenSea unveils Solana NFT launchpad
    21 Jul 2022
    413 Views

    OpenSea, the most popular NFT marketplace, announced rolling out the Solana launchpad to allow creators to host a new mint from beginning to end on the NFT marketplace. The launch is part of OpenSea’s plans for a “multi-chain future” to enable access to NFTs across different blockchains. According to its blog post, OpenSea will guide…

    BNP Paribas is getting into crypto custody services
    20 Jul 2022
    347 Views

    BNP Paribas, one of the world’s largest banking groups, is reportedly considering partnering with a digital asset custody firm Metaco. The French bank, with almost $13 trillion in assets under custody, joins a long list of institutional firms, including Fidelity and Société Générale looking to offer crypto services for their clients. BNP Paribas, the French…

    Christie’s establishes its venture arm focused on Web3
    20 Jul 2022
    372 Views

    The world-renowned auction house Christie’s has launched its venture capital arm, which is set to focus on Web3 projects. Christie’s Ventures’ first portfolio company is the cross-chain interoperability firm LayerZero Labs. Christie’s, the world-famous auction house, has launched a new fund called Christie’s Ventures, Monday’s press release said. The fund will focus on fintech and…

    Dubai officially launches its Metaverse Strategy
    20 Jul 2022
    461 Views

    Dubai Metaverse Strategy has been officially launched, aiming to create more than 40,000 new jobs and 4,000 new companies in the sector. There are currently 1,000 companies in Dubai engaged in the crypto and metaverse sector, contributing $500 million to the national economy. On July 18, The Crown Prince of Dubai and Chairman of the…

    ParisDot.comm: Arab World Institute to host Polkadot’s conference on July 19-21
    19 Jul 2022
    478 Views

    Following AmsterDot in April and Polkadot Decoded in June, another conference and workshop event focused on the Polkadot community and ecosystem has been announced in Paris. It will be held at the Arab World Institute on July 19-21. ParisDot.comm is a two-and-a-half-day long event that is taking place in the beautiful Arab World Institute on…