A16z invests $70M in Ethereum staking protocol Lido Finance
Venture capitalist firm Andreessen Horowitz has raised $70 million for Lido Finance, an Ethereum staking solution. This is the protocol’s first fundraising round since May 2021. According to a representative for Andreessen Horowitz, the venture capital firm’s investment in Lido is designed to help accelerate the adoption of decentralized staking solutions for Ethereum 2.0. With […]
UkraineDAO raises over $6M via NFT sale to aid Ukrainian citizens
UkraineDAO, a decentralized autonomous has raised 2188 ETH ($6.1 million) to support a 1/1 Ukrainian flag NFT. The money raised will go to charitable organizations in Ukraine that are assisting those who have been impacted by Russia’s invasion. The NFT auction was held as a PartyBid auction, allowing users to pool their resources and bid […]
Metaverse Restaurants and Bars to Try In 2022
Metaverse restaurants and bars would definitely come to your rescue if you had to make a last-minute restaurant booking to give your loved ones a treat. It’s International women’s day and you made plans to give your mother, spouse, daughter or female friend a treat, unfortunately, the restaurant cancelled your booking. Metaverse restaurants or bars […]
How to recover your stolen Bitcoin, Ethereum, or other cryptocurrency
It can be difficult to recover stolen cryptocurrency, but there are certain steps you can take. And here’s how to recover your stolen Bitcoin, Ethereum, or other cryptocurrencies. Here are two facts to consider if you’ve invested in Bitcoin, Ethereum, or any other cryptocurrency: Your money are a target for criminals, and Recovering your funds […]
The Financial Conduct Authority of the United Kingdom is looking into 50 unlicensed cryptocurrency businesses
The Financial Conduct Authority (FCA) of the United Kingdom has announced 50 current investigations as part of its efforts to crack down on unregistered cryptocurrency businesses. In the last six months, the FCA said it has started more than 300 cases into unregistered crypto companies, “many of which may be scams.” The FCA claimed it […]