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🚀 The Chainsmokers get Closer to NFTs🎵
🚀 The Chainsmokers get Closer to NFTs🎵
| Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox! | | What's up, Geckos! Royal, a startup developing a marketplace for digital assets related to music artists, has raised $55 million in a Series A round led by a16z.
Several musicians, including The Chainsmokers, Nas, Logic, and Kygo, and venture capital organizations such as Coinbase Ventures, Founders Fund, and Paradigm, participated in the investment round.
3Lau's ultimate objective is to build a platform where aspiring artists may bootstrap their careers by utilizing NFTs to fund future albums.
In today's news, Australian Senator says that DeFi presents huge opportunities, $1.8 billion moves to Ronin DEX from Ethereum in 2 weeks, and P2E game Syn City announces an $8 million funding round.
Read on! | | |
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| Tread Cautiously, Not Fearfully Senator Jane Hume of Australia discussed cryptocurrency and decentralized finance (DeFi) at the Australian Financial Review Super & Wealth Summit in Sydney.
In her speech, Hume emphasized that crypto is an asset class that has "captured hearts and minds" and is not going away anytime soon, despite what people may think.
"We should tread cautiously, but not fearfully," she added, stressing that "Australia mustn't be left behind by fear of the unknown."
Bitcoin.com | | Katana Slices With Ease According to a recent DappRadar analysis, $1.8 billion in net assets were bridged from Ethereum (ETH) to Ronin in the first two weeks since Sky Mavis, the startup behind Axie Infinity (AXS), released Katana.
This first Ronin decentralized exchange (DEX) has also hit $1.3 billion in Total Value Locked (TVL) in such a short period.
Meanwhile, Ronin, the Ethereum-linked sidechain created for Axie Infinity, has surpassed 1.1 million daily active addresses.
CryptoSlate | | Tech Giants-backed P2E Secures $8M "Syn City," a play-to-earn mafia game created by Tron (TRX) Foundation's former head of business, Roy Liu, announced an $8 million investment round.
Twitch co-founder Justin Kan and Goat Capital co-led the investment, with participation from A&T Capital, Hack VC, Animoca Brands, and Spartan Group.
The game joins a growing list of free-to-play titles entering the play-to-earn arena, focusing on accessibility as Web3 gaming gains traction.
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