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Crypto News

Tom Brady’s NFT Platform Autograph Raises $170M

Autograph, a non-fungible token (NFT) platform co-founded by National Football League star Tom Brady, has closed a $170 million Series B funding round that was co-led by Andreessen Horowitz (a16z) and Kleiner Perkins. Other participants in the round included Nicole Quinn, a general partner at Lightspeed Venture Partners, and the new venture firm from a16z […]

Crypto News

Animoca Brands Leads $8M Fundraising Round for NFT Platform Built on Solana

Burnt Finance, a protocol built on Solana, has raised $8 million in a funding round led by Animoca Brands. It also launched its non-fungible token (NFT) platform. The capital will go toward adding staff and exploring partnerships with artists and other Solana-based projects. Burnt Finance, known for burning a piece of artwork from street artist […]

Crypto News

Crypto Exchange Kraken Acquires Staking Platform Staked

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. @2021 CoinDesk […]

Crypto News

Kazakhstan Piloting a CBDC on R3′s Corda Platform

The 99-page document examined the CBDC pilot, which launched in May and involves two of the country’s larger commercial banks, Kaspi Bank JSC and Eurasian Bank JSC. The report, the second produced this year on a possible tenge, considered CBDC use cases and potential monetary and financial impacts, among other issues.

Crypto News

Gaming Platform Vulcan Forged Refunds Users After $140M Hack

Play-to-earn NFT platform Vulcan Forged said on Tuesday that it has refunded $140 million worth of PYR tokens to nearly all investors a day after the platform was hacked. The platform, which is built on the Polygon network, offers over six blockchain games, a decentralized exchange, as well as a non-fungible token (NFT) marketplace. “All […]

Crypto News

Chainalysis Blockchain Data Platform to Integrate Lightning Network

Chainalysis blockchain data monitoring platform is launching support for the Lightning Network, according to a press release shared with CoinDesk on Dec. 10. Users of Chainalysis’ Know Your Transaction platform (KYT) will be able to prescreen for Lightning withdrawals and behavioral alerts, so that they can compliantly allow BTC deposits and withdrawals from Lighting nodes, […]

Crypto News

Play-to-Earn Platform Rainmaker Nabs $6.5M Seed Round

Seed investors are taking 4% of all RAIN tokens. That would give Rainmaker Games, which has not yet launched, a market cap of around $162 million. Play-to-earn games such as Axie, which requires an expensive NFT to access, can command multibillion-dollar market caps.