Crypto VC Funding Hits $30.3 Billion in H1, Michael Saylor Steps Down as MicroStrategy CEO, and Voyager Returns $270 Million in Client Assets: Hodler's Digest, July 31-August 6
Available every Saturday, Hodler's Digest will help you follow every major news story that happened this week. The best (and worst) quotes, adoption and regulatory highlights, major coins, predictions and more - a week on Cointelegraph in one link.
Top stories this week Crypto fundraising hits $30.3 billion in first half, topping all of 2021: reportA report from crypto analytics firm Messari on Tuesday showed that the crypto sector has raised $30.3 billion in funding this year, already surpassing the total for all of 2021, which was 30 .2 billion. This figure was reached via 1,199 rounds of financing in the first half of the year, with 10.3 billion dollars, more than a third of the capital, going to the centralized financial sector. Notably, the NFT gaming sector raised more than all decentralized funding at $4 billion. DeFi, by comparison, only raised $1.8 billion.
Michael Saylor will step down as CEO of MicroStrategy but will remain executive chairmanBitcoin maxi Michael Saylor is expected to step down as CEO of MicroStrategy on August 8th. With Chairman Phong Le taking over as CEO, Saylor will assume his new role as Executive Chairman – a position that will focus almost entirely on building MicroStrategy. Bitcoin reserves. “I believe separating the roles of Chairman and CEO will allow us to better pursue our two business strategies of acquiring and holding Bitcoin and growing our enterprise analytics software business,” he said. he declared.
Facebook's metaverse will 'fail', says Vitalik ButerinEthereum co-founder Vitalik Buterin thinks any metaverse platform coming from Mark Zuckerberg's Meta will "fail". Although Buterin singled out Meta, his comments focused more broadly on the industry as a whole, stating that "we don't really know the definition of 'metaverse' yet, it's way too early to know what people actually want." “
Voyager will return $270 million in funds to customers, claims it received 'better' offers than FTXFailed crypto credit company Voyager Digital has been authorized by a New York judge to return $270 million in funds to its clients as it works to (in theory) reinstate all of its clients. The company also said it received several "higher and better" takeover offers than the one submitted by Sam Bankman-Fried's Alameda Research in July.
Meta enables Instagram NFT integration in over 100 countriesInstagram has rolled out NFT support in 100 countries across Africa, Asia-Pacific, the Middle East, and the Americas. As part of the move, users can integrate wallets from Coinbase or Dapper Labs and publish their NFTs based on Ethereum, Polygon or Flow. The move sent the price of the native Flow blockchain token, FLOW, soaring on Thursday as it pumped 54% to an intraday high of $2.83.
Available every Saturday, Hodler's Digest will help you follow every major news story that happened this week. The best (and worst) quotes, adoption and regulatory highlights, major coins, predictions and more - a week on Cointelegraph in one link.
Top stories this week Crypto fundraising hits $30.3 billion in first half, topping all of 2021: reportA report from crypto analytics firm Messari on Tuesday showed that the crypto sector has raised $30.3 billion in funding this year, already surpassing the total for all of 2021, which was 30 .2 billion. This figure was reached via 1,199 rounds of financing in the first half of the year, with 10.3 billion dollars, more than a third of the capital, going to the centralized financial sector. Notably, the NFT gaming sector raised more than all decentralized funding at $4 billion. DeFi, by comparison, only raised $1.8 billion.
Michael Saylor will step down as CEO of MicroStrategy but will remain executive chairmanBitcoin maxi Michael Saylor is expected to step down as CEO of MicroStrategy on August 8th. With Chairman Phong Le taking over as CEO, Saylor will assume his new role as Executive Chairman – a position that will focus almost entirely on building MicroStrategy. Bitcoin reserves. “I believe separating the roles of Chairman and CEO will allow us to better pursue our two business strategies of acquiring and holding Bitcoin and growing our enterprise analytics software business,” he said. he declared.
Facebook's metaverse will 'fail', says Vitalik ButerinEthereum co-founder Vitalik Buterin thinks any metaverse platform coming from Mark Zuckerberg's Meta will "fail". Although Buterin singled out Meta, his comments focused more broadly on the industry as a whole, stating that "we don't really know the definition of 'metaverse' yet, it's way too early to know what people actually want." “
Voyager will return $270 million in funds to customers, claims it received 'better' offers than FTXFailed crypto credit company Voyager Digital has been authorized by a New York judge to return $270 million in funds to its clients as it works to (in theory) reinstate all of its clients. The company also said it received several "higher and better" takeover offers than the one submitted by Sam Bankman-Fried's Alameda Research in July.
Meta enables Instagram NFT integration in over 100 countriesInstagram has rolled out NFT support in 100 countries across Africa, Asia-Pacific, the Middle East, and the Americas. As part of the move, users can integrate wallets from Coinbase or Dapper Labs and publish their NFTs based on Ethereum, Polygon or Flow. The move sent the price of the native Flow blockchain token, FLOW, soaring on Thursday as it pumped 54% to an intraday high of $2.83.
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