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Hack VC Launches $200 Million Crypto Seed Fund


Hack VC, a crypto investment firm, has launched a new $200 million crypto-based seed fund. The venture capital company, which is behind the hack.summit() event, one of the biggest blockchain programming events in the world, aims to invest in early stage Web3-based teams. The idea behind this fund...

Japanese Online Retail Giant Rakuten Launches NFT Marketplace


Rakuten Group, the Japanese electronic commerce and online retail company based in Tokyo has announced the launch of a non-fungible token (NFT) marketplace called Rakuten NFT. The announcement notes that new features will be added in the future, and a peer-to-peer service for minting and selling...

Solana-Based Defi Margin Trading Protocol Raises $3 Million in Seed Funding


On Wednesday, the team behind Solana-based decentralized finance (defi) margin protocol Marginfi, announced Mrgn Labs has raised $3 million in seed funding from investors. With the recently acquired funds, Marginfi aims to build the first cross-margining engine on the Solana blockchain. Mrgn Labs...

Congo Based Startup Jambo Raises $7.5 Million in Seed Funding Round


A Congo-based Web3 app developer, Jambo, recently said it raised $7.5 million in a seed funding round. According to a report, the startup’s successful seed round is the latest by an Africa-based firm that is working towards developing Web3. Startup’s Partnership With Social Media...

Solana NFT Marketplace Magic Eden Reveals Airdrop, Plans to Launch DAO


On Tuesday, the Solana-based non-fungible token (NFT) marketplace Magic Eden announced the project is airdropping NFT tickets to existing Magic Eden users and plans to form a decentralized autonomous organization (DAO). On February 21, the Magic Eden project airdropped around 4,000 NFTs to active...

UK Law Firm Gunnercooke Says It Now Accepts Crypto Payments


U.K. law firm, Gunnercooke, claims to be one of the first major law firms in the country to accept crypto payments. Crypto Asset Payments A United Kingdom-based commercial law firm, Gunnercooke, has become the latest practice to accept cryptocurrency as payment for services, a report has said....

Bulgarian Stock Exchange Launches 8 Crypto ETNs


Bulgarians can now invest in crypto assets through their country’s stock market. The Bulgarian Stock Exchange has recently launched eight ETNs based on two digital currencies, bitcoin and ethereum, following the example set by leading European platforms that support such products....

Ariva Looks To Offer Its Users A ‘Second Life’ Via Ariva Wonderland


PRESS RELEASE. People from all across the planet miss being able to freely travel to new areas and other nations while the worldwide pandemic continues. Nevertheless, thanks to Ariva’s metaverse and VR-based initiative called Ariva Wonderland, users may enjoy a fully next-generation...

Alchemy Pay Adds Euros Pay-in Offerings via Paytend


PRESS RELEASE. Singapore, February 2022 – Leading fiat and crypto payment solutions provider, Alchemy Pay (ACH), announces its partnership with the Europe-based digital bank, Paytend. Alchemy Pay’s client crypto services, such as exchanges and investment platforms, will now offer...

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