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SpiderVille raises $1M

SpiderVille, a Web3 music startup, has raised a $1 million pre-seed round. Contents Technologies and Samsung Next participated in the investments.

SpiderVille says it is set to launch its project Ooh La La, a Web3 music player designed to provide an easier way for users to discover, listen to, and manage their music NFTs.

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Cryptocurrencies add nothing useful to society, says chip-maker Nvidia: The Guardian

The US chip-maker Nvidia has said cryptocurrencies do not “bring anything useful for society”, writes The Guardian's Alex Hern. 

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The IRS has released draft guidance for cryptocurrency and other digital asset reporting for 2022 tax returns, writes Kate Dore.