Ethereum shift to Proof-of-Stake completes. Norway's CBDC will be based on Ethereum
Recap of the Week
Ethereum has shifted from Proof-of-Work to Proof-of-Stake, leading to a huge reduction of energy consumption
Brother of ex-Coinbase manager pleads guilty to insider trading charge
Starbucks enters web3 and plans to launch a blockchain-based loyalty program
Citadel, Fidelity and Charles Schwab launch a crypto exchange
The prototype for Norway’s central bank digital currency is based on Ethereum
1 year of Bitcoin in El Salvador
KKR puts portion of Private Equity Fund on Avalanche Blockchain
Terra co-founder Do Kwon faces arrest warrant in South Korea
Binance CEO says EU regulation will become a global standard
Fireblocks hits $100 million in annual recurring revenue
Latest Funding Rounds in Crypto
Diamond Standard raises $30M in Series A · Founded in 2018 · US
Diamond Standard tokenizes diamonds to create a new investable asset class.
The startup creates Ethereum-based tokens backed by physical diamonds. The tokens are standardized and tradeable on several exchanges.
The firm plans to expand its production capacity and accelerate distribution of its tokenized products.
Round led by Left Lane and Horizon Kinetics
Doodles raises $54M in Series A · Founded in 2021 · Canada
Doodles is a collection of 10,000 NFTs founded by Blockchain development software firm Dapper Labs.
Notable Doodle holders include Justin Bieber, Future, Gary Vee, Snoop Dog, Fat Joe, Kygo, Diplo, Steve Aoki and Pranksy.
The startup plans to monetize its intellectual property through ventures in the music, culture and entertainment industries.
Round led by Seven Seven Six at a valuation of $704M.
Goldsky raises $20M in a Seed Round · Founded in 2021 · US
Goldsky is a data infrastructure company for crypto startups.
The company is focused on serving crypto-native companies such as DeFi protocols. Some of its clients include crypto infrastructure firm Arweave and NFT company POAP.
The team has 15 employees.
Goldsky founder Li helped build decentralized exchange aggregator Matcha, which he described as “Expedia, but for trading tokens.
Round led by Felicis and Dragonfly Capital
Meme of the Week
