While the big cap stocks are feeling the weight of reality in the broader stock market, the Russell 2000, a benchmark for small-cap stocks, also fell 3.86% in a week.
Crypto exchange FTX is pegging new funding at 39% higher valuations from its October 2021 levels.
The Hashed Venture Fund II will particularly focus on Web3 developments, especially the gaming ventures that are operating in the metaverse space.
1inch has its eyes fixed on launching a new product line that will cater exclusively to institutional investors looking to take a dive into the decentralized finance ecosystem.
The Iron Fish privacy protocol has attracted heavy investments from some top venture capital firms as it prepares to launch its incentivized testnet later today.
According to ARK Investment Management, the company spent as much as $48.9 million on Twitter shares. In addition to buying Twitter shares, ARK Investment Management also invested heavily in online brokerage firm Robinhood Markets Inc.
SoftBank looks to expand its metaverse investment portfolio by funding popular female-centric app Zepeto, at a billion-dollar valuation.
The emergence of the Omicron variant and its reported resistance to existing vaccines has adversely impacted global markets.
Hivemind Capital also unveiled that it has tapped Layer-1 blockchain protocol, Algorand as its first technology partner.
Thought Machine is on a journey to bring in a new area of modern digital cloud-based banking.
The world is heading into the December shopping era as investors look to gauge consumer optimism across the board.
Celsius would earmark some part of the funds to improve its platform in terms of utility.
One of Australia’s large retirement funds, Rest Super is mulling the idea of investing in digital currencies as a means to diversify its portfolio.
The exchange has plans of establishing global headquarters and is currently in talks with regulators around the world.
Sierra Space has two major projects in view for which it expects to channel most of the newly-acquired capital.