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Top Crypto News today: World of Women Teams Up With The Sandbox

Crypto News

In today’s crypto news, The World of Women NFT project has partnered with The Sandbox to develop a platform that promotes female inclusion and representation in Web 3 and the metaverse. Avalanche’s non-profit fund has launched an incentive scheme with millions of dollars set aside for the proof-of-stake ecosystem. Read more on these funds below. 

In today’s global crypto news, One of the world’s largest startup investment firms, Bain Capital Ventures, is launching a $560 million fund dedicated solely to crypto-related activities. Read more on this global crypto news below. 

Before heading to the news section, let’s have a quick glance at the latest crypto price trends. 

 

Crypto Prices Today 

 

Price Trend  Price for March 10, 2022  Percentage change 
The global cryptocurrency market cap  ₹140,353,970,912,587 -0.14%
The total crypto market volume ₹7,244,477,198,155 +3.6%
Bitcoin Price ₹3124264.62 -4.28%
Ethereum Price  ₹206275.31 -3.28%

 

*All prices are latest by 11:30 AM, 10 March 2022.

Top Gainers and Losers Today

 

Top 3 Crypto Gainers  

Cryptocurrency  Price (Latest by March 10, 2022)  Change in % 
ICON (ICX) ₹78.99 53.41%
THORChain (RUNE) ₹415.99 20.14%
Near Protocol (NEAR) ₹883.47 6.95%

*All prices are latest by 11 AM, 10 March 2022.

 

Top 3 Crypto Losers 

Cryptocurrency  Price (Latest by March 10,  2022)  Change in % 
Monero (XMR) ₹13992.52 12.88%
The Graph (GRT) ₹25.68 10.30%
Fantom (FTM) ₹99.95 9.61%

*All prices are latest by 11:00 AM, 10 March 2022.

Crypto News Global 

 

Bain Capital Ventures Launches $560 Million, Crypto Fund

For the past seven years, Bain Capital Ventures has been investing in crypto, including crypto lender BlockFi Inc., decentralized-finance lender Compound, and the Digital Currency Group, which operates a number of crypto-related firms. And Bain has now announced the launch of a $560 million crypto fund, which will be used to invest in everything from crypto companies to decentralized autonomous organizations (DAOs) in areas like Layer 1 blockchains (which compete with Ethereum) and storage. 

The fund will be deployed in the next two to three years and will invest in about 30 enterprises. And, as many crypto businesses desire, it plans to be a far more engaged investor than usual.

Read: What are DAOs & How Do They Work

Source: Bloomberg

Top NFT & DeFi News today 

 

World of Women Teams Up With The Sandbox for Web3 Inclusivity

The Sandbox, a decentralized gaming environment, and subsidiary of Animoca Brands announced a collaboration with the World of Women (WoW), a community that mints NFTs that promote women and diversity. The Sandbox will dedicate a $25 million grant to boosting the representation of women in Web3 areas as part of the WoW Foundation’s joint launch.

The WoW Foundation will provide a 2×2 Sandbox plot for the WoW Museum, which will serve as a showroom as well as a university with free online classes for getting started in Web3. During the debut of Sandbox’s Alpha 2 game, it will also support the WoW Academy, a hub for projects and artists, as well as 10,000 3D interoperable avatars.

Read How to Buy Virtual Land in the Metaverse?

Source: CoinDesk

 

Avalanche Foundation’s ‘Multiverse’ Incentive Program To Invest Up to $290M

The “Avalanche Multiverse” will be funded with up to four million AVAX tokens or around $290 million at the time of writing. The program will work to expand its “subnet” capability, which aids in the development of Avalanche-based application-specific blockchains. Subnets are integrally integrated with Avalanche’s broader ecosystem, are infinitely scalable, and allow for unique implementations — or the addition of functionality from other chains.

The program and investments of Avalanche Multiverse will be divided into at least six phases to support new cohorts and initiatives, but will not be limited to a certain time frame. It is a non-profit organization administered independently of Ava Labs.

Read: Top 10 DAO tokens by Market Capitalization 2022

Source: Blockworks

NEW COIN LISTING ON COINDCX 

 

New Coin Market Cap Circulating Supply
Gari Network (GARI) ₹1,767,273,950 45,800,000.00 GARI
Celer Network (CELR) ₹18,771,100,651 6.58B CELR
Monero (XMR) ₹246,671,934,474 18,090,418.86 XMR
Anchor Protocol (ANC) ₹76,952,567,356 261,749,348.19 ANC
Stacks (STX) ₹112,096,642,404 1.30B STX

*All prices are latest by 11:00 AM Feb 10, 2022.* 

Daily Crypto News Round-Up

 

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