Crypto Market Update, episode 15 with “Crypto Mark” from SwapAcross (formerly X528) (CBP 417, 16 December 2023)
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This is the 15th episode of the Crypto Market update with Mark Magliocco, co-founder of SwapAcross (formerly known as X528 DAO) and Allen Wazny, host of the Calgary Business Podcast and Partner/CFO of Purpose Driven Travel in Calgary.
All discussions in this episode are for informational purposes only and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services
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Yahoo Finance and Bitcoin trading charts. As is customary, Mark opened the discussion by sharing his knowledge and understanding of reading the technical charts around the price of Bitcoin | https://finance.yahoo.com/chart/BTC-USD
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Crypto news articles discussed during this update:
Over $2.7 million in Ethereum and others stolen from OKX Exchange | The Daily HODL (14 December 2023): http://tiny.cc/5l9jvz
Tech billionaires launch fund to create new Libertarian societies | Vice article (14 December 2023): http://tiny.cc/9l9jvz
Ledger Phishing Attack | Decrypt article (14 December 2023): http://tiny.cc/jl9jvz
JPMorgan says Ethererum to outperform Bitcoin in 2024 | Decrypt article (14 December 2023):
Solana mobile phone “Saga” sells out on high demand for BONK | Decrypt article (15 December 2023): http://tiny.cc/tl9jvz
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Crypto-related funding announcements
There were 5 companies highlighted in this episode, based upon the following funding announcements found in one or more newsletters of StrictlyVC, FinSMEs, VentureBeat and Crunchbase:
Lolli, a Durham, N.C.-based startup whose rewards app lets consumers earn Bitcoin or cash back on everyday purchases, raised an $8 million Series B round led by BITKRAFT Ventures, with participation from Sfermion, Prisma Ventures, Hypersphere Ventures, 2 Punks Capital, and MZ Web3 Fund as well as previous investors Seven Seven Six, Founders Fund, Bain Capital Ventures, Serena Ventures, MrBeast’s Night Media, and Logan Paul [TechCrunch, 15 December 2023]
NodeKit, an Ames, Iowa startup, helps crypto developers avoid sequencing delays, raised a $1.2 million pre-seed round led by Borderless Capital, with Blizzard Fund, Polygon Ventures, and Wormhole Cross-Chain Ecosystem Fund also stepping up [The Block, 15 December 2023]
Hackless, a Kyiv, Ukraine-based company which specializes in blockchain security solutions, raised $1.2M in funding led by DaoMaker, Insignius Capital, Cosima Capital, DeltaHub Capital, Factorial, and Halvings Capital [FinSMEs, 15 December 2023]
Reltime, an Oslo, Norway-based blockchain technology company, received a funding approval from the Research Council of Norway [FinSMEs, 12 December 2023]
Gacha Monsters, a Tokyo startup that publishes a web3 game called Poglin, raised a $3 million seed round from Animoca Brands, Infinity Ventures Crypto, FBG, and Big Time Games [FinSMEs, 9 December 2023]
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Visit the SwapAcross website (formerly X528DAO) to learn more: https://www.x528.io
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