NFT Investor Animoca Brands Cuts Target for Metaverse Fund to $800M: Reuters

2023-3-24 14:59

When Animoca initially unveiled its plans for the fund last November, its target was $2 billion. This was then cut in half to $1 billion in January. origin »

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Nick Tomaino says NFTs will ‘flip cryptocurrencies,’ launches new $100M fund

Nick Tomaino, the founder of crypto-focused investment firm 1confirmation, says non-fungible tokens (NFTs) have a great future ahead as an asset, despite the current outlook. Tomaino, whose venture fund launched in 2017 with $5 million and has grown to over $1 billion in assets under management (AUM), even believes NFTs could go on to “flip […] The post Nick Tomaino says NFTs will ‘flip cryptocurrencies,’ launches new $100M fund appeared first on Invezz.

2022-6-24 18:32


Mexican Drug Cartels Sneak In $25 Billion A Year Using Bitcoin To Fund Operations

It’s unsurprising that Bitcoin and other cryptocurrencies have found their way into the dangerous realm of drug cartels. According to law enforcement officials, cryptocurrency is developing as a new front in Latin America’s fight against gangs vying for control of massive illicit marketplaces for sex, drugs, guns, and people. In Mexico, it has been reported […]

2022-3-14 15:19