Fund Raising:

• InfiniGods, a blockchain-based game development studio, announced Thursday that it raised $9 million in seed funding.Pantera Capital led the funding round. Additional participants include Framework Ventures, Jefferson Capital, Animoca Brands and Double Peak.
• Hike, a former messaging platform and local rival to WhatsApp, has raised an undisclosed sum in a fresh funding round led by Jump Crypto, the Indian startup told Tech in Asia.Investors including Tribe Capital and Republic Capital’s Republic Crypto also took part in the round.
• Cometh announced a $10 million seed round on Thursday as the Paris-based startup launches its second blockchain-based video game.

Projects Brief:

• UST Stablecoin Depeg - Will It Recover?
• Crypto researcher unpacks why UST broke down and what happens next.

Crypto Insight:

• The NFT market is collapsing.
• 4 questions to ask before investing in a GameFi project.

***The above are not investment advice, please do your own research.  You also can follow us on Twitter, Telegram, Discord or subscribe the Newsletter here.