NYDIG Announces Lightning Accelerator Project – Bitcoin Magazine

On August 26, 2022, Ross Stevens, CEO of Stone Ridge Holdings Group and executive director of the New York Digital Investments Group (NYDIG) subsidiary, made an impromptu appearance at BitBlockBoom in Austin, Texas, for a special announcement. Stevens has long been a proponent of Bitcoin through his Stone Ridge shareholder letter, his co-written article, “On … Read more

Thai Energy Billionaire Sarath Ratanavadi Boosts Investment in Crypto

Thailand’s second-richest billionaire, Sarath Ratanavadi, has said he is increasing investments in the blockchain ecosystem, despite the crypto industry’s bitter winter, according to Bloomberg. Sarath Ratanavadi is the founder and chief executive officer of Gulf Energy Development, a leading Thai energy company with domestic and international projects. He said the move is to diversify revenue … Read more

Animoca Brands’ Japanese Unit Raises $45m

Animoca Brands’ Japanese unit raised $45 million in financing at a $500 million pre-money valuation. The Hong Kong-based crypto gaming and web3 firm raised the fund with MUFG Bank – the largest bank in Japan with a 360-year-old history. Animoca Brands Japan has planned to use the fund to “secure licenses for popular intellectual properties, … Read more

Esports, Web3 Firm Ampverse Expands into the Philippines

Esports and Web3 company Ampverse has expanded into the Philippines, making it the fifth market. With the expansion, Ampverse plans to invest more than 100 million pesos in the Southeast Asian country’s local gaming and esports ecosystem.  The investment will focus on boosting esports, talent, commerce, and Web3. Ferdinand Gutierrez, CEO of Ampverse, said, “the … Read more

FTX Denies Rumours of Merging between Alameda Research and FTX VC

Sam Bankman-Fried, founder and CEO of cryptocurrency exchange FTX, has denied reports that his two companies, FTX ventures and Alameda Research, are merging venture capital operations. The news comes after Sam Trabucco, co-CEO of crypto asset fund Alameda Research, announced on Twitter on Aug. 25 that he would be stepping down from his leadership role. … Read more