Polygon founder, Sandeep Nailwal recently announced that he, alongside other Web3 developers, raised $50 million for a fund aiming to invest in Web4 startups. The new business will go by the name of “Symbolic Capital”, and the fund wants to set itself apart by investing heavily in Web3, gaming, and NFTs. Symbolic will be led […]
Category: News
Crypto Exchange Binance Partners With City of Busan to Develop Its Blockchain Industry
The largest cryptocurrency exchange by trading volume, Binance, recently signed an MoU (Memorandum of understanding) with Busan, South Korea. The goal of the agreement is Binance to help develop the city’s blockchain ecosystem, as well as promote the Busan Digital Asset Exchange. Binance will develop and foster Busan City’s blockchain by promoting blockchain activities and […]
Mark Cuban is Bullish on Ethereum After The Merge
The upcoming upgrade for Ethereum’s blockchain, known as “the merge” has the endorsement of none other than the multi-billionaire Mark Cuban. “The Merge” is the upgrade that will transition Ethereum from proof-of-work to proof-of-stake. Meaning that the cryptocurrency will no longer need mining from high-energy consuming computers solving mathematical equations in order to run the […]