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Blockchain.com to offer ‘.blockchain’ domain names to users

Crypto exchange and wallet provider Blockchain.com will begin offering “.blockchain” domain names to users powered by Unstoppable Domains, the company said on Friday. According to the announcement, all 82 million registered Blockchain.com users will be able to obtain a free .blockchain domain from the company’s wallet service. These domain names will give users the ability to transact in crypto using human-readable addresses rather than the default long-string alphanumeric wallet addresses. Human-readable addresses are similar to social media logins and make …

PartyBid creator PartyDAO raises $16.4 million led by a16z

PartyDAO, the decentralized organization behind the NFT bidding platform PartyBid, has raised $16.4 million in a funding round led by Andreessen Horowitz (a16z).  Other participants in the round include Standard Crypto, Compound Crypto, Dragonfly Capital, Uniswap Ventures (after having invested in PartyDAO in April of this year) and Loot creator Dom Hofmann, according to a Thursday statement.  PartyDAO’s main application, PartyBid, allows multiple people to buy and own or fractions of digital assets by pooling funds and sharing ownership.  PartyDAO’s …

Tatsumeeko raises $7.5 million in seed round ahead of transition to web3 model

Tatsumeeko, the web3 incarnation of the Discord-hosted massively multiplayer online role-playing game (MMORPG) Tatsu.gg, has raised $7.5 million in a seed round. The raise was co-led by Delphi Ventures, Bitkraft Ventures and DeFiance Capital, the Singapore-based company announced on Thursday. It also received funding from Binance Labs, Animoca Brands, Dialectic and GuildFi. The company declined to share a valuation when asked by The Block. Started in 2016 as a community project, Tatsu.gg became a fully-fledged, full-time undertaking for its team …

Balderton, Animoca Brands back Request Finance in $5.5 million round

Crypto payments startup Request Finance has won the backing of venture capital firm Balderton Capital and gaming firm Animoca Brands in a $5.5 million seed round.  The startup, which simplifies and automates invoicing, expenses and payroll for both centralized and decentralized companies, also attracted investor interest from VC XAnge and angel investors, such as Aave founder Stani Kulechov and Sebastian Borget, co-founder of The Sandbox. Founder and CEO Christophe Lassuyt said that Request Finance sees itself as a “web3 Bill.com” …

Ledger and VC firm Cathay Innovation launch $110 million crypto fund

Crypto hardware wallet maker Ledger and global venture capital firm Cathay Innovation have teamed up to launch a €100 million ($110 million) fund to invest in web3 startups. The fund, dubbed Ledger Cathay Capital, is backed by the French public investment bank Bpifrance. Some other investors have also supported the fund, Denis Barrier, co-founder of Cathay Innovation, told The Block, while declining to name them for “compliance and privacy reasons.” Ledger Cathay Capital will invest in early-stage startups across areas …

May Blockchain Funding Recap

June 7, 2022, 1:43PM EDT • 11 min read Quick Take Last month the digital assets sector received nearly $3.5 billion across 220 venture deals Data/Analytics/Information had its largest funding month in dollar terms in at least 27 months, receiving roughly $362 million across 18 deals For the first time in 21 months, dating back to July 2020, DeFi was not one of the two most popular deal types. NFTs/Gaming continues to be the most popular deal type by a …

Haun Ventures leads $32 million round in Ethereum protocol Euler

Katie Haun’s Haun Ventures has led a $32 million fundraising round for Euler, a non-custodial protocol that allows users to lend and borrow digital assets.  Euler, which is built on top of the Ethereum blockchain, says it’s able to mitigate the risk of lending and borrowing assets through a framework that assigns each investment a tier depending on its risk.  “Euler takes a unique approach to address the risks associated with lending and borrowing crypto assets that stood out to …

Top Israeli VC Pitango launches investment DAO, to issue token

Pitango, one of Israel’s leading venture capital firms, has launched a decentralized autonomous organization (DAO) to invest in web3 projects. Sharing the news exclusively with The Block on Tuesday, Pitango said this is Israel’s first investment DAO. Specifically, Pitango’s fund — called Pitango First — has launched First Labs, which has then created a DAO called First DAO. “We are breaking the traditional VC model and will issue a token,” Aviv Barzilay, head of First Labs at Pitango, told The …

Alan Howard invests in Polygon-based web3 data startup Navigate

Navigate, a Singapore-based web3 startup that will let its users share data and earn crypto rewards, has raised $7.6 million in a seed funding round. Crypto-focused investment firm Distributed Global led the round, with Kraken Ventures, Outlier Ventures, British hedge fund billionaire Alan Howard and others participating, Navigate announced today. Navigate is founded by a group of five people: Rumi Morales, director of investments at Digital Currency Group; Amir Husain, founder and CEO of artificial intelligence company SparkCognition; Ali Husain, …

A Look at Filecoin’s Ecosystem Developments

June 6, 2022, 12:25PM EDT • 11 min read Quick Take Filecoin is the leading protocol among a new generation of blockchain-based and crypto-enabled decentralized storage protocols in terms of used storage, storage capacity, and the size of its ecosystem It is supported by lively communities of developers keen on developing new features on and applications for the base protocol, incentivized by numerous opportunities to capitalize on a massive potential market Here, we take a look at Filecoin’s latest ecosystem …