tech:

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Flow launches $725M Blockchain development fund with A16z, Digital Currency Group and other investors — Forbes

NBA Top Shot’s host blockchain, Flow, is getting a $725 million boost through a new ecosystem fund backed by its developer’s company’s investment arm, Dapper Ventures, and a high-profile group of investors, writes Nina Bambysheva.

Here is the link: https://www.forbes.com/sites/ninabambysheva/2022/05/10/flow-launches-725-million-blockchain-development-fund-with-a16z-digital-currency-group-and-other-investors/

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Notebook Labs raises $3.3M

Notebook Labs, providers of a zero-knowledge identity infrastructure layer for Web3 protocols, has raised a $3.3 million seed round.

Synota raises $3M

Columus, Ohio-based Synota has raised a $3 million seed round.

Here’s what investors need to know about the latest crypto tax reporting rules for 2022 — CNBC

The IRS has released draft guidance for cryptocurrency and other digital asset reporting for 2022 tax returns, writes Kate Dore. 

Amberdata acquires Genesis Volatility

Amberdata, a provider of digital asset data, has acquired Genesis Volatility (GVol), a provider of institutional-grade crypto-options data analytics and research.