Animoca Brands, a leader in digital entertainment, blockchain, and gamification, announced on September 8 that it has closed a strategic investment round totaling $110 million.
Mysten Labs, a Web3 infrastructure company and developer of the Sui Layer 1 blockchain, announced its completion of a $300 million Series B funding round on September 8. This fresh capital values the company at more than $2 billion.
On September 8, fintech giant Ant Group's digital collection platform Jingtan officially launched an "entity customization" function, allowing users to customize some digital collections into derivative objects.
Web3 energy company Tesseract has raised $78 million in a funding round with participation from Balderton, Low Carbon, Ribit Capital, former Formula One driver Nico Rosberg and others.
Video game retailer GameStop announced on September 7 that it has entered into a partnership with FTX US, one of the biggest cryptocurrency exchanges. GameStop's shares, which are down 35% this year, rose 11% in extended trading.
Blockchain-focused incubator, investor and adviser PANONY has closed a Series A funding round backed by NGC Ventures, one of Asia's largest crypto investment firms, boosting it to a valuation of $100 million.
Project Galaxy, a Web3 digital credential data network, announced on September 6 that it has rebranded as Galxe, aiming to show that it has developed from a project into an ecosystem.
Bursa derivatif kripto FTX mengatakan pada 5 September bahwa mereka akan menangguhkan setoran dan penarikan Terra Classic (LUNC) dan TerraClassicUSD (USTC) dan menghapus token Anchor Agreement (ANC) mulai 12 September.
Crypto derivatives exchange FTX said on September 5 that it will suspend deposits and withdrawals of Terra Classic (LUNC) and TerraClassicUSD (USTC), and delist Anchor Protocol (ANC) tokens, starting from September 12.
To prepare for the Ethereum Merge and secure the allocation of forked tokens in the case of a chain split, Binance said on September 5 that it would suspend deposits and withdrawals for Ethereum (ETH) and Wrapped Ethereum (WETH) on multiple networks.
Ever since Huanhe, a digital collection platform owned by Tencent, stopped distribution on August 16, Tencent Music Entertainment's digital collection platform has also attracted users' attention. Some have demanded a refund like Huanhe.
In response to withdrawal difficulties faced by many of its users, Kevin Pan, the founder and CEO of global crypto mining pool Poolin, recently said that the situation has been caused by a lack of liquidity, and that funds are safe.
Decentralized identity protocol SPACE ID has closed seed-round funding led by Binance Labs, the venture capital arm and accelerator of Binance.
As an advocate for social metaverse development in China, Tencent-backed platform Soul presented its two latest intelligent technology achievements – Ling OS and NAWA Engine – at the World Artificial Intelligence Conference on September 1.
As copyright vulnerabilities have led to significant confusion around NFT licenses, the crypto arm of venture capital firm Andreessen Horowitz (known as a16z) now thinks it's time for a new set of licenses, designed specifically for NFTs.
Taiwanese singer and songwriter Jay Chou and music entertainment brand JVR Music, which he co-founded in 2007 with Vincent Fang and JR Yang, have set their sights on the music metaverse.
News emerged on August 29 that crypto exchange FTX has officially acquired its competitor Huobi and will change its name to HTX. However, this rumor was denied by FTX's founder and CEO Sam Bankman-Fried.
This week: Beijing announces a two-year plan for metaverse innovation and development, Huobi-backed NFT platform iBox to halt international operations, The Sandbox launches its newest Alpha season, and more.
Bitcoin's market cap now stands at $379.39 billion, down 7.52% in the past seven days and overtaken by Chinese tech giant Tencent, as its price continues to fall, according to 8MarketCap.
Leading crypto exchange Binance announced on August 25 that it plans to support and protect users' funds regardless of the outcome of the Ethereum merge, which is expected to take place between September 10 and September 20.