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MakersPlace NFT marketplace garnered the attention of two high profile music industry personalities in its latest round of funding and raised $30 million.
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NFTs are here to stay.
Key Takeaways
$1 million worth of Ethereum has been burnt already.
The price of Ethereum has reacted quickly, jumping 6% in the last hour.
While not deflationary yet, ETH will see a significant decrease to the growth of its supply.
Veterans from traditional tech and finance industries continue to turn their attention to crypto, with the team behind Router Protocol and Dfyn exchange adding Coinbase’s current CPO and a product executive from DoorDash to its list of prominent backers.
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Cryptocurrency market intelligence provider Messari has concluded a $21 million fundraise that was supported by some of the biggest venture firms in blockchain, once again highlighting growing investor appetite for budding crypto startups.
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U.S. officials are on the prowl to fill the role of top bank regulation, and their latest candidate is no friend to the crypto space.
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The current U.S.
Messari, which gathers and explains data about cryptocurrency markets, has raised $21 million in Series A funding, according to a press release today from the company.
The raise was led by early-stage investors Point72 Ventures.
In brief
IPFS is a peer-to-peer decentralized network that lets users back up files and websites by hosting them across numerous nodes.
This ensures that content is resistant to censorship and centralized points of failure, such as server issues or coordinated attacks.
In brief
Bitcoin’s role as “the industry’s gateway asset” is changing, according to crypto brokerage firm Genesis.
In Q2 2021, institutional investors showed much more interest in Ethereum and other decentralized finance tokens.
Key Takeaways
Senators in Uruguay and Columbia are pushing for crypto-friendly regulations.
Uruguayan Senator Juan Satori has introduced a bill that would allow all businesses to accept crypto payments.