Plus, investments in blockchain games and metaverse projects totaled $739 million for the quarter.
ArkotNews
Avalanche’s Cortina Upgrade Goes Live on Protocol’s Testnet; AVAX Token Rallies
The change improves support for exchanges and may bring faster development, Avalanche says.
Drugs, Erratic Dismissals and Feuding Founders: Behind Bitcoin Marketplace Paxful’s Unraveling
Founded in 2015, Paxful became one of the most popular places to buy bitcoin in Africa and other emerging markets, and it had more than 200 employees. Behind the scenes, though, staff took paid trips to music festivals, bosses fought, dismissals reportedly occurred on a whim, and the smell of cannabis permeated the office.
AI Will 'Accelerate' the Metaverse, Empower Creators: The Sandbox Co-Founder
Sebastien Borget says artificial intelligence will bring a greater volume of original content to metaverse platforms.
First Mover Asia: Arthur Hayes Sees a 'Balkanization of Finance' Coming Soon as Crypto Rallies
ALSO: Asia-Based Traders Push Bitcoin Past $30K
First Mover Asia: Bitcoin Is Flat, Ether in the Red, as a Long Weekend Begins
It's a battle of bulls versus bears as the market gets a grip on reality, says Brent Xu, CEO of DeFi lender Umee. ALSO: CoinDesk columnist Daniel Kuhn writes that Elon Musk had the crypto world's attention again this week, but whether he helps DOGE is questionable at best.
EU Consultation Warns on Risk of Big Players Becoming Metaverse Gatekeepers
The European Commission raised the risks to privacy, openness, cybersecurity and equality in online virtual worlds.
Multicoin Leads $4M Strategic Round for Web3 Co-Ownership Platform Lore
The platform, now in public beta, allows groups of people to share non-fungible tokens (NFT) for expanded access and utility.
Jump in Shiba Inu Breed-Themed Tokens Is Unsustainable, Crypto Traders Warn
Meme coins have outperformed the broader crypto markets in recent days, but some say profit-taking could reverse the rally.
Payments Firm Nuvei’s Ties With FTX Questioned in Spruce Point Capital Report
Nuvei's shares fell by as much as 6% in premarket trading after Spruce Point warned of a 50% downside, but rebounded into positive territory mid-morning.