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Crypto Morning Briefing: AllianceBlock Partners With ABO Digital To Provide Alternative Financing for Crypto Projects

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Instagram NFT Initiative’s Swift Death Mints Mourners, Mehs

Meta’s decision to test an initiative that allowed artists to sell NFTs on Instagram was widely considered a positive development for the struggling industry. Now that the tech giant has pulled the plug on the project, web3 enthusiasts’ reaction to the sudden move is all over the place.

Crypto Exchange Orca to Block US Traders From Website

Decentralized crypto exchange Orca will restrict U.S. users from trading coins via its frontend beginning on March 31, a blow to accessibility for the Solana blockchain’s top DEX.

Crypto Custody Firm Copper Shelves Enterprise Business

London-based cryptocurrency custody firm Copper has given up its enterprise business, a software and infrastructure development side of the firm.

Web3 Company Orange Comet Taps 13-Year-Old Artist Doodle Boy for NFT Drop

Web3 entertainment company Orange Comet is teaming up with 13-year-old artist Joe Whale, commonly known as The Doodle Boy, to transform his work into a series of digital collectibles.

Yuga Labs Summons Fans to Mint HV-MTL NFTs, Prices Soar on OpenSea

Non-fungible token (NFT) giant Yuga Labs has opened the mint for the next phase of its skill-based game, Dookey Dash.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $24,969.14 USD, jumped by 1.95% in the last 24 hours;

ETH’s live price is $1,675.34 USD, jumped by 1.05% in the last 24 hours;

BNB’s live price is $329.01 USD, jumped by 6.74% in the last 24 hours;

XRP's live price is $0.36 USD, jumped by 0.84% in the last 24 hours.

Fundraising News

AllianceBlock Partners With ABO Digital To Provide Alternative Financing for Crypto Projects

AllianceBlock, which is developing decentralized and trustless gateways between traditional finance (TradFi) and decentralized finance (DeFi), has now announced a partnership with Alpha Blue Ocean’s private digital asset investment arm, ABO Digital, to provide tokenized structured products to institutional investors and crypto projects and organizations looking for alternative funding.

Ripple Invests in Blockchain Founders Fund To Support Web3 Startups

Blockchain payments company Ripple has invested in Blockchain Founders Fund (BFF), a Singapore-based Venture Capital Fund for Web3 startups.

NFT Business Launchpad Tech Startup Gaspack Raises Pre-Seed Funding

Business launchpad, Gaspack, raised a pre-seed funding to support creators and brands in the Web3 economy through digital comic publishing platform Kometh.This could help digital creators for a more inclusive NFT environment.

Bitcoin Bitcoin $93,534.55
-4.44%
NFT Web3 Yuga Labs DeFi Blockchain Ripple
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