FINTECHTV Editorial Team
Crypto Weekly with Kavita Gupta is back with yet another interesting episode, summarising the top news from the world of crypto and blockchain. On the Global News front, DOJ seizes $3.6 billion worth of Bitcoin stolen in the 2016 Bitfinex hack, American agency Fitch lowers El Salvador’s default rating from B- to CCC due to Bitcoin adoption, and South Korean executives get a prison sentence for crypto fraud. Moving on to the world of NFTs, luxury fashion brand Gucci has bought virtual land on the Metaverse platform - The Sandbox, McDonald’s, and Panera Bread file for NFT IPR, and Chinese entertainment conglomerate, Tencent gets approval from UN to create NFT framework.
This week on Global Funding news, Polygon has raised $450 million in Sequoia-led funding round, Alchemy raises $200 million at $10.2 billion valuations, and Aleo raises $200 million in Series B investment.
For more details, watch the episode.
Crypto Weekly with Kavita Gupta - Episode 30
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