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November blockchain funding recap

November blockchain funding recap

Quick Take

  • Roughly $3.84 billion was deployed into crypto-related companies last month. Last month’s funding was the highest this year and equated to more private investment than all of 2020 combined
  • A revival in DeFi investment last month has primarily been related to VC firms backing non-Ethereum projects
  • NFTs/Gaming projects continue to attract the most investment from any vertical, accounting for roughly 42% of all crypto-related deals for the second consecutive quarter

     

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90% of all Bitcoin has now been mined

The Bitcoin network has now reached 90% of its total supply. There’s only around 2.1 million bitcoin left to mine.

The post 90% of all Bitcoin has now been mined appeared first on The Block.

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Remote working startup Deel adds USDC and Solana withdrawals

Deel, the fintech firm focused on payroll, has expanded its crypto capabilities with the addition of two new tokens.

The post Remote working startup Deel adds USDC and Solana withdrawals appeared first on The Block.

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How Tezos’s biggest NFT marketplace was raised from the dead

Quick Take

  • The founder of the Tezos-based NFT marketplace Hic et Nunc decided to step away from his project — by unexpectedly pulling its frontend. 
  • After brief panic and confusion, the Hic et Nunc community managed to get the marketplace up and running again. 
  • Here’s the story of how Web3 tools helped the Hic et Nunc community resurrect the largest NFT marketplace on the Tezos blockchain. 

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Twitch co-founder Justin Kan to launch a gaming NFT marketplace called Fractal

Fractal will act as a primary and secondary market for non-fungible tokens (NFTs) with utility in any game universe.

The post Twitch co-founder Justin Kan to launch a gaming NFT marketplace called Fractal appeared first on The Block.

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Bank of England calls for global tightening of crypto regulation

The Bank of England said on Monday that regulatory and legal frameworks for crypto assets would have to be ramped up both domestically and globally to combat the fast-moving market.

The post Bank of England calls for global tightening of crypto regulation appeared first on The Block.

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Bored Ape Yacht Club game slated to launch in Q2 via Animoca Brands partnership

This partnership between Yuga Labs and Animoca Brands comes at a time of increased interest in blockchain-based gaming.

The post Bored Ape Yacht Club game slated to launch in Q2 via Animoca Brands partnership appeared first on The Block.

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[SPONSORED] Sounds Like a You Problem

We get it — you don’t just HODL, you BUIDL. You’ve worked hard to create a platform that brings decentralization to more users.

The post Sounds Like a You Problem appeared first on The Block.

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96 private keys stolen from Vulcan Forged in $140 million theft

The project looked after its users’ private keys on their behalf. It’s now planning to scrap that and refund those affected.

The post 96 private keys stolen from Vulcan Forged in $140 million theft appeared first on The Block.

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Binance Singapore halts licensing push amid investment in Hg Exchange

Binance Singapore has withdrawn its licensing application with regulators in the country and plans to shut down user accounts by February 2022.

The post Binance Singapore halts licensing push amid investment in Hg Exchange appeared first on The Block.

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