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Uniswap Labs launches venture unit to invest in web3 projects

Uniswap Labs launches venture unit to invest in web3 projects

Uniswap Labs has launched its venture unit to invest in web3 projects across categories.

The post Uniswap Labs launches venture unit to invest in web3 projects appeared first on The Block.

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FTX exec launches new Republican PAC with $4 million donation

“We believe that public policy solutions should have a positive impact on people’s lives and play a vital role in protecting Americans’ freedoms, biosecurity and system of free enterprise,” the PAC’s site says. 

The post FTX exec launches new Republican PAC with $4 million donation appeared first on The Block.

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Foundry Company Intelligence

Quick Take

  • A subsidiary of the Digital Currency Group, Foundry provides various institutional-grade services within the digital asset mining and staking industry
  • Foundry has put in tremendous effort in fostering the North American mining ecosystem, deploying close to $500 million into the North American mining space and managing the Foundry USA pool which currently has the largest market share based on the Bitcoin hash rate
  • Foundry plans to continue building out its proof of stake infrastructure and utilize Foundry Labs to expand into application layer development

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Fabric VC looks to close two web3 funds worth $245 million

The later stage fund will support the ideation stage ‘Fabric X program,’ according to the pitch deck. 

The post Fabric VC looks to close two web3 funds worth $245 million appeared first on The Block.

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Ubisoft anchors White Star Capital’s second crypto fund

White Star Capital announced today that gaming giant Ubisoft is the anchor investor for its second crypto focused venture capital fund.

The post Ubisoft anchors White Star Capital’s second crypto fund appeared first on The Block.

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Former BitMEX CEO Arthur Hayes predicts ‘coming crypto carnage’

While the co-founder of BitMEX is bullish on crypto over the long term, he sees an impending market crunch.

The post Former BitMEX CEO Arthur Hayes predicts ‘coming crypto carnage’ appeared first on The Block.

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Middle East’s largest alternative asset manager starts raising blockchain fund

Investcorp’s eLydian Lion fund will be based in Abu Dhabi and have a global investment mandate. 

The post Middle East’s largest alternative asset manager starts raising blockchain fund appeared first on The Block.

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Elon Musk reverses decision to join Twitter’s board

Musk has decided not to join the social media giant’s board, Twitter CEO Parag Agrawal tweeted late Sunday.

The post Elon Musk reverses decision to join Twitter’s board appeared first on The Block.

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Binance approved in principle by Abu Dhabi as digital asset broker-dealer

World’s biggest cryptocurrency exchange by trading volume must now complete application process.

The post Binance approved in principle by Abu Dhabi as digital asset broker-dealer appeared first on The Block.

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Four key takeaways about mining from Bitcoin 2022

Here is a look at some of the ideas discussed in the mining stage during the Bitcoin 2022 conference in Miami.

The post Four key takeaways about mining from Bitcoin 2022 appeared first on The Block.

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