Late Stage Mature Pre IPO Unicorns -

DOGE-1 moon mission set for launch with SpaceX in early 2022

By Sam Bourgi. The Dogecoin-funded payload appears to be on track for launch in the first quarter of 2022 onboard SpaceX’s Falcon 9. NEWS   DOGE-1, the first crypto-funded mission to the moon, is set to launch early next year following a new partnership between two blockchain companies and manufacturer Geometric Energy Corporation, also known[…]

‘Musk effect’ sees crypto named after SpaceX’s Starlink satellites gain over 140% in 3 days

By Yashu Gola, The supersonic price rally in the StarLink crypto market appeared as SpaceX launched 53 Starlink orbit satellites into space on Saturday. In a bizarre event, a cryptocurrency with the same name as SpaceX’s satellite range Starlink jumped over 140% as Elon Musk’s space technology company launched 53 of them into the Earth’s lower[…]

Tiger Global: How to Win

From Generalist Tiger Global is venture capital’s winning machine. Actionable insights If you only have a couple of minutes to spare, here’s what investors, operators, and founders can learn about Tiger Global. We may be earlier than we thought. Tiger’s current private market thesis is simple: we are still in the opening stages of the[…]

KuCoin Labs Launches $100 Million Venture Capital Fund To Empower Early-Stage Metaverse Projects

By Zhiyuan Sun,   The world’s sixth-largest cryptocurrency exchange by volume is making its move into the metaverse. NEWS   KuCoin Labs, the company behind the world’s sixth-largest cryptocurrency exchange by trading volume with more than 500 crypto assets listed, announced on Wednesday that it would be launching a $100 million metaverse fund for early-stage[…]

China warns state-owned enterprises to cease involvement in Bitcoin mining

By Arnold Kirmi, China is considering imposing harsh penalties on state-owned firms that continue mining cryptocurrencies. China is pressuring its own state-owned businesses to cease mining cryptocurrencies, and the government is considering harsh penalties on firms that continue, including higher energy expenses. According to reports, Meng Wei, a spokesperson for the National Development and Reform Commission[…]

Israel reportedly adopts new AML rules for crypto

By Helen Partz, The Israeli government is now reportedly in the process of reviewing several crypto firms to issue operating licenses. Israel has reportedly enacted new regulations related to the cryptocurrency industry in order to combat illegal activities such a money laundering and terrorism financing. The government of Israel enforced new Anti-Money Laundering (AML) regulations[…]

Australian green energy Bitcoin mining firm doubles pre-IPO funding round

By Osato Avan-Nomayo Iris Energy has upped its target for its second-IPO funding round. Iris Energy, an Australian firm that invests in Bitcoin (BTC) mining data centers powered by renewable energy sources, has doubled its second pre-initial public offering round. According to Bloomberg, a 13 million Australian dollar ($10 million) commitment from equity manager outfit[…]

Coinbase reportedly hits pre-IPO valuation of $100 billion in private auction

By Greg Thomson, The major exchange is inching closer to a public offering. NEWS   Prominent Bitcoin (BTC) and cryptocurrency exchange Coinbase could be headed for an IPO valuation of $100 billion, after shares reportedly sold for up to $375 each in a private auction. Shares in Coinbase Global Inc. reportedly traded for a price[…]

NFTs could be ‘as big or bigger’ than all crypto on Coinbase, CEO says

By Helen Partz, Ten times as many people have signed up for Coinbase’s upcoming NFT platform than OpenSea saw in total over the past 30 days. As cryptocurrency exchange Coinbase prepares to soon roll out its own nonfungible token (NFT) platform, the firm’s CEO, Brian Armstrong, has assessed the importance of the company’s upcoming NFT offering.[…]

Rocket Pool Eth2 staking service launches, hits stage two cap in 45 seconds

By Keira Wright, The Eth2 staking provider only requires 16 ETH to run a minipool, and stakers with as little as 0.01 ETH can put their crypto to work on the Beacon Chain. NEWS   The launch of ETH2 staking service Rocket Pool saw it hit its stage two cap in just 45 seconds according[…]