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Blockchain Blockchain tooling provider Modular Cloud raised a $1.7 million pre-seed round to build a block explorer for modular blockchains. The round, which closed last year, is co-led by Maven 11 and Blockchain Capital. NFX, Celestia Foundation and Eclipse were among the investors who participated in the round, said the company in a release. Modular Cloud’s co-founder Lzrs, who chooses to be pseudonymous, spent years experimenting with blockchain technologies and worked for a crypto company in 2017 before deciding to leave the industry completely. The arrival of new technological developments in the space ultimately pulled them back in. “I came…

NFT Rand Gallery, the largest NFT marketplace on the Algorand blockchain, acquired the data aggregator NFT Explorer to add analytics to its product offering. The deal allows Rand Gallery to own “the complete vertical NFT stack” as it aims to become “a central hub for all NFTs — including music and gaming — and a trusted web3 partner for brands wanting to offer a data-driven NFT experience to their audience,” according to a release. Last year, Rand Gallery was itself acquired by a startup called Distributed Finance, which emerged from stealth with $2.5 million in seed funding and announced the…

Angel investors and venture capitalists are two types of private investors who provide funding for early-stage and growth-stage companies. However, there are some key differences between them that we will cover in this article.Who are angel investors?High-net-worth individuals who invest in companies at an early stage in exchange for equity in the business are known as angel investors. They frequently invest their own funds and take a more active approach to investment, offering advice and mentoring to the businesses they support. The well-known angel investors in the crypto world include:Roger Ver — He is known as “Bitcoin Jesus” and is…

Hexarchia, a turn-based strategy game that once had some buzz around it a while back, came out of hibernation to announce a major shakeup to their founding team. As a result, the remaining founder is trying to reboot the game, and is looking for new developers to join the team! At one point in 2022, it seemed like Hexarchia was poised to take their place as one of the only web3 strategy games. They had NFT sales, and ran regular alpha tests up through the summer of 2022. During their alphas, Hexarchia held several competitions, with NFT rewards for the…

LeBron James has achieved yet another feat in his illustrious basketball career by breaking the NBA’s all-time regular-season scoring record. This on-court achievement has resulted in a surge of interest in LeBron’s NFTs, as fans clamor to own a piece of history. On February 7th, the 38-year-old Los Angeles Lakers star cemented his place as the NBA’s all-time leading scorer with 38,388 points, surpassing the previous record of 38,387 points of Kareem Abdul-Jabbar that had stood for 34 years. Reports indicate that LeBron’s NFT sales have skyrocketed since he broke the record, with a total trade volume of $652K. Sales began…

Blockchain If the market share of Ethereum itself can be maintained at more than 70% for many years, then Omnichain itself is a pseudo-concept. However, Ethereum cannot maintain a market share of 70% forever. The figure below shows the trend of the TVL ratio of Ethereum from August 2020 to February 2023. The latest market share of Ethereum is 59.24%. Although the chain layer infrastructure of Web3 will maintain the pattern of “one super and many strong” for a long time, and Ethereum itself is constantly upgrading its technology, with the absorption of Layer 1 traffic by Ethereum Layer 2…

NFT “The Matrix” star Keanu Reeves has become something of a crypto fan, calling cryptocurrencies “amazing tools for exchanges and distribution of resources.” In a recent interview with Wired to promote his new film “John Wick 4,” Reeves said, “I think the principle, the ideas behind an independent currency, are amazing,” adding that, “To pooh-pooh crypto, or the volatility of cryptocurrency, it’s only going to make it better in terms of how it’s safeguarded.” The 1999 film “The Matrix,” in which Reeves played the hero Neo, was a foundational cyberpunk text that predicted many of today’s emerging tech trends, from…

The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), is coming for unregistered cryptocurrency automated teller machines (ATMs).The FCA and the cyber team at West Yorkshire Police have taken action against several sites in and around Leeds city suspected of hosting illegally operated crypto ATMs.Announcing the news on Feb. 14, the FCA emphasized that no crypto ATM operators in the United Kingdom currency have FCA registration. The authority stated that all crypto exchange providers — including crypto ATM operators — must be registered with the FCA and comply with the U.K. money laundering regulations.“Unregistered crypto ATMs operating in the…

NFT Not only that, the price of the utility and governance token HIGH of the metaverse project Highstreet has skyrocketed before, and the price of Createra Genesis Land, which is free minted by the metaverse project Createra led by a16z, also soared rapidly on the day of release, with an average price of 5 in a day. These are one of the strong proofs that the cryptocurrency industry will show signs of recovery in January 2023. However, compared with the ups and downs since the new year, the frequent news of success at the beginning of last year is more…

2. What role do NFTs play in the supply chains? Real-time tracking, settlement and documentation of the supply chain cannot only create more efficiencies for businesses but also help with better financial products that they can rely on for their operating capital. NFTs create a digital record that is immutable and transparent. What this offers the supply chain industry is a transparent trail where everyone in the ecosystem would have complete visibility. Therefore, right from producing the raw material for goods to displaying them on a website or brick-and-mortar shop, the usage of NFTs will provide traceability and help in…