Author: NBTC

GAMEE, the mobile gaming platform behind the WatBird game, has received an investment from Pantera Capital to expand its presence on The Open Network. Animoca Brands‘ gaming subsidiary, GAMEE, has received an investment from Pantera Capital, a California-based venture capital firm, to extend its reach across multiple blockchain networks, according to an Aug. 21 press release. While the funding size was not disclosed, the investment is understood to help GAMEE expand its presence on The Open Network (TON) via WatBird, a Telegram-based app. Animoca notes that the investment from Pantera follows a recent investment GAMEE received from TON Ventures, a…

In a significant development for the web3 gaming landscape, Helika, a pioneering project designed to empower game studios to build, grow, and optimize their offerings, has announced a strategic partnership with Notcoin, a prominent web3 community. This collaboration aims to revolutionize user acquisition (UA) strategies by leveraging collective resources to benefit both traditional and web3 gaming studios, potentially bypassing conventional advertising avenues. Helika 🤝 @thenotcoin​We are excited to announce a Strategic Product Partnership with @thenotcoin, one of the largest web3 communities with 9M+ off-chain and 2M+ on-chain holders.​The joint product offering will drive profitable UA for both traditional and web3…

Credbull Closes $5.2M Round Led by Gnosis VC to ‘Democratize Private Credit’ On-chain PROTOCOL VILLAGE EXCLUSIVE: Credbull, which in April launched what it described as the “first licensed on-chain private credit fund” on the Polygon PoS blockchain, announced a $5.2M funding round led by GnosisVC, with strategic participation from Outlier Ventures, HODL Ventures, XBTO, LucidBlue Ventures, CryptoHedge, Marcello Mari (SingularityDAO) and others. According to the team, “Credbull aims to democratize private credit RWA investments by connecting traditional finance with Web3.” Web3 Streaming Platform Myco.io to Ship Content on Aptos Myco.io, a Web3 streaming platform, announced a strategic partnership with Aptos…

Matthew Sigel, Head of Digital Assets Research at VanEck, a global investment firm with $108 billion in assets under management, shared his optimistic views on Bitcoin in a recent interview with CNBC. Sigel believes that the recent Bitcoin sell-off is largely behind us and is expecting a recovery in the cryptocurrency market. Sigel explained in the interview that the significant sell-off in Bitcoin in recent months has been driven by a variety of factors, including the loosening of carry trades, increased correlation with the Nasdaq, and significant sell-offs of Bitcoin holdings by the German and U.S. governments. Recent payments to…

Despite crypto whales offloading large amounts of Ethereum (ETH), the asset’s staunch supporters remain optimistic. Recent data highlights a trend of stakeholders moving large volumes of ETH, likely for sale, amidst a general downturn in crypto asset prices. Moreover, the spot Ethereum ETFs have been recording outflows for the past eight trading days. Crypto Whales and Institutions Move ETH to Centralized Exchanges During this week, notable movements have captured the attention of market analysts. Spot On Chain reported that a whale’s wallet, identified as 0x46c, moved 5,088 ETH—valued at about $13.66 million—from Elixir to a deposit address at Binance. “Notably,…

In a July 2023 op-ed, actor Joseph Gordon-Levitt argued that if artificial intelligence uses your work, it should pay you. That’s the basic premise behind the intellectual property-focused blockchain Story Protocol, and it’s quickly becoming a well-funded investment theme. On Wednesday, PIP Labs, the initial core contributor behind Story, announced an $80 million Series B, led by the venture capital firm Andreessen Horowitz (a16z). AI companies have hovered up so much of the web’s creative content to train their large language models (LLMs), which has resulted in lawsuits between creatives and tech giants like OpenAI. The New York Times is…

According to an analysis shared by cryptocurrency analysis company Lookonchain, an unknown fresh cryptocurrency whale purchased over $120 million worth of altcoins in recent hours. According to the data, the altcoins purchased by the whale in question and their amounts are listed as follows: 40.7 million USDT 9,425 ETH ($30.15 million) 957.77 billion PEPE ($9.84 million) 583.78 billion SHIB ($9.68 million) 16,192 BNB ($9 million) 58.15 million DOGE ($6.95 million) 438,721 RNDR ($3.17 million) 5.18 million MATIC ($2.81 million) 3 million FTM ($1.59 million) 9.49 billion FLOKI ($1.56 million) 104,128 LINK ($1.5 million) 840,776 FETs ($1.06 million) 39,141 AVAX ($1.05…

In recent developments, former President Donald Trump envisions a prominent role for Elon Musk in his potential cabinet. This strategic proposal highlights Trump’s recognition of Musk’s expertise, particularly in artificial intelligence and efficiency. Trump described Musk as an excellent resource for government consulting, emphasizing his capabilities in optimizing federal expenditures. This article examines the implications of Trump’s proposed cabinet role for Musk, focusing on their synergistic relationship and potential impact on the tech and crypto sectors. Trump’s Proposal for Musk’s Cabinet Position In an interview with Shawn Ryan, Donald Trump revealed plans to offer Elon Musk a significant position if…

California DMV’s adoption of Avalanche for car title digitization could spark a massive AVAX price rally, surpassing even its 2021 gains, says a crypto influencer. In a recent video, this enthusiast detailed that the California Department of Motor Vehicles (DMV) has already digitized 42 million car titles on Avalanche. Going further, the California DMV is also launching a dedicated chain on Avalanche to streamline the vehicle title transfer process for its over 39 million residents. This kind of real-world implementation could propel Avalanche to the top of the list for institutional and government adoption of blockchain technology. Avalanche offers a…

Despite the recent crypto market’s volatility, Bitcoin whales have been taking advantage of price dips and accumulating $BTC. As per data shared by Santiment, an on-chain crypto intelligence platform, Bitcoin whales with wallet holdings of 100 to 1000 $BTC have been accumulating $BTC. These wallets have roughly added 94,700 more $BTC to their holdings during the last 6 weeks. 🐳 Bitcoin’s whales, specifically wallets that hold between 100-1K BTC, have accumulated 94.7K more coins in the last 6 weeks. As price uncertainty has shaken many traders out of crypto, key stakeholders are loading up. pic.twitter.com/hrhlVrNqNU — Santiment (@santimentfeed) August 19,…