EU may shut down Bitcoin mines. Aptos falls 50% after hyped launch.
EU may shut down Bitcoin mines. Aptos falls 50% after hyped launch.
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Recap of the Week
EU may shut down Bitcoin mines to ease energy crisis
Shopify partners with Novel to deliver accessible Web3 for merchants
Anthony Hopkins sells out NFT collection in minutes
Mobile bank N26 launches crypto trading with Bitpanda partnership
Kraken crypto exchange is next to close doors to Russian users
Aptos draws criticism, token falls 50% after hyped launch
Mango Markets will start refunding users for the $114M exploit
Japanese regulators loosen crypto laws and make it easier to list coins
SEC to investigate Three Arrows Capital
The catholic nuns are building a new church with bitcoin
Turkey taps blockchain for e-Human project
Mastercard offers crypto trading solution to banks with Paxos
Koreans to have access to blockchain-powered digital IDs by 2024
Warren Buffet-backed Nubank to launch loyalty tokens on Polygon
Latest Funding Rounds in Crypto
Celestia raises $55M in Series A · Founded in 2019 · Liechtenstein
Celestia is a modular consensus and data network. They help anyone to easily deploy their own blockchain with minimal overhead
The firm will use the funds to build a modular blockchain network.
Modular blockchains — opposed to monolithic blockchains — are, in theory, highly scalable and decentralized.
Round led by Bain Capital Crypto and Polychain Capital. The round was raised at a valuation of $945M.
Uniswap raises $165M in Series B · Founded in 2018 · US
Uniswap is a decentralized exchange platform operating on the Ethereum blockchain.
Funds will be used to invest more in Uniswap’s web app and developer tools, NFT launch and to support mobile users.
Round led by Polychain. The round was raised at a valuation of $1.6B.
Shardeum raises $18.2M in Seed Round · Founded in 2022 · Switzerland
Shardeum is a provider of an Ethereum Virtual Machine (EVM)-based sharded blockchain, which enables infinite scalability and atomic cross-shard composability.
The funds will be used to expand the network for greater scalability, faster transaction times and lower fees.
Round led by more than 50 investors, including Jane Street, Struck Crypto and the Spartan Group.
ChainSafe Systems raises $18.8M in Series A · Founded in 2017 · Canada
ChainSafe Systems is a blockchain protocol and infrastructure development specializing in protocol engineering, cross-chain interoperability & Web3 gaming.
The funds will be utilized to accelerate product development and expand the team.
Round led by Round13 Capital.
Acquisitions
Offchain Labs acquires Prysmatic Labs
Terms were undisclosed
Offchain Labs is a venture-backed and Princeton-founded company that is developing Arbitrum, a suite of scaling technologies for ethereum.
Prysmatic Labs is currently developing ethereum blockchain technical infrastructure.
Meme of the Week
