Retail traders have been selling this rally much more than institutions, data from B2C2 shows.
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At the weekend, someone bought paradigm.eth for $1.5 million. Only it wasn’t the VC firm Paradigm.
The post The mystery of a $1.5 million Ethereum name purchase appeared first on The Block.
Quick Take
- Dragonfly Capital Partners is a crypto-asset investment firm based out of San Francisco and Beijing.
- Dragonfly Capital is bridging the gap between the crypto economies of the East and West.
- The firm raised $225 million in Dragonfly Fund II, which is focused on allocating capital toward DeFi, NFT projects, applications built on Ethereum Layer 2 solutions, and CeFi.
Millennium Management staff must disclose any personal crypto trading within the last three years to the firm’s compliance team.
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Tiger Global Management and Coatue Management co-led the round with $400 million — unusual for three-year-old startups such as MoonPay.
The post Crypto payment startup MoonPay valued at $3.4 billion after first funding round appeared first on The Block.
Quick Take
- Uruguay’s new cryptocurrency Ñeripeso gets its name based on local slang for “close friend.”
- The Binance token has inspired a community of more than 5,000 users, who are using it to pay for goods and services.
Blockchain analytics firm Elliptic has raised $60 million in a Series C funding round.
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The UK Gambling Commission put out a public notice clarifying the platform is not licensed by the regulator.
The post UK gambling regulator is looking into NFT fantasy soccer league Sorare appeared first on The Block.
Futureswap, a decentralized exchange for trading perpetual swaps, has raised $12 million in a new funding round.
The post Decentralized exchange Futureswap raises $12 million from Ribbit Capital and others appeared first on The Block.
FTX.US has fully launched its marketplace, supporting a range of Solana NFTs — with plans to add Ethereum NFTs.
The post FTX US launches marketplace for trading Solana-based NFTs appeared first on The Block.
