Luna halted its blockchain after price collapse / Coinbase shares plunge / NFTs coming to Instagram / UK targets crypto
Coinbase, Huobi, VMWare, Chainalysis, Worldpay, Fireblocks, EY and Bit.com are the latest sponsors to join European Blockchain Convention 2022. Welcome all :)
Join us June 26-28 in beautiful Barcelona for 3 days of networking, inspiration and learning.
Worksop: The Future of Social Media
In the wake of numerous exposures of how our data is exploited by Social Media platforms, with Cambridge Analytica as the most notable example, privacy has become an increasing concern for the public.
Register for our workshop on May 19 to learn more about Distrikt, a decentralized social media platform that empowers its users to own and control their identity and data.
Recap of the Week
Luna, a top crypto project, has officially halted its Blockchain following price collapse
Coinbase shares plunge after company misses Q1 revenue estimates
Coinbase warns customers they may lose crypto holdings if company goes bankrupt
Cryptocurrencies and blockchain-based tokens will not be taxed in Germany
Nubank, the largest digital bank in Latin America, will allocate 1% to BTC
UK government targets crypto in latest legislative agenda
NFTs are coming to Instagram
Milan vs Fiorentina becames the first football match to be broadcast in the metaverse
Argentina’s Central Bank discourages digital asset services by banks
60% of central banks say crypto growth has spurred CBDC
Budweiser and PUMA release a series of NFTs
Microstrategy stock price is down 85% from its 2021 peak
Latest Funding Rounds in Crypto
Chainalysis raises $170M in Series F at $8.6B Valuation· Founded in 2014 · US
Chainalysis provides blockchain data and analysis to governments, banks, and businesses worldwide.
It has a presence in 70 countries and its customer base has increased 75% to 750 clients total. A single licence can cost tens of thousands of dollars.
The company raised $100 million in June 2021 at half its current valuation.
Round led by GIC Firm (Singapore based)
Chainflip raises $10M · Founded in 2020 · Germany
Chainflip is a Berlin-based startup building a cross-chain decentralized crypto exchange.
Their cross-chain DEX enables users to swap any cryptocurrency across several blockchains without the requirement of special software/wallets.
Chainflip in not being tied to any one chain (unlike DEXes like the Ethereum-based Uniswap). Chainflip has its own network of validators and is running its own blockchain.
Round led by Framework Ventures, Blockchain Capital and Pantera Capital.
Moralis raises $40M in Series A · Founded in 2021 · Sweden
Moralis provides an end-to-end blockchain application development platform powering decentralized apps (dApps).
This funding will be used to ramp up product development, improve the user experience and increase capacity for more and larger clients.
Co-led by Coinbase Ventures, Fabric Ventures, Dispersion Capital & EQT Ventures.
Naetion raises $150M in Initial Coin Offering · Founded in 2020 · Denmark
Naetion is a web3 startup building an on-chain career network.
Naetion products include HAELP, a decentralized, retail-first network of service providers, creators, and talent which allows its members to show, sell, and manage their skills - while retaining 100% of their earnings.
The funding will be used to enable the growth of its products.
Round led by GEM Digital Ltd.
Freeverse.io raises €10M in Series A · Founded in 2019 · Spain
Freeverse’s mission is to bring ownership of 'living' digital assets (such as NFTs) into the mainstream. Freeverse allows gamers to trade their in-game assets, legally, for real money.
The company intends to use the funds to expand its go to market and continue the development of the product and core technology.
Round co-led by Earlybird, Target Global, Adara Ventures & many others.
Arianee raises €20M in Series A · Founded in 2018 · France
Arianee helps brands deploy Web3 strategy by enabling them to tokenise, distribute and leverage NFTs to transform their relationships with their communities.
The funding will accelerate its international presence by growing its New York office, recruiting new talent and boost the development of its products and services.
Round led by Tiger Global.
Meme of the Week
