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Coinbase will not mention ‘crypto’ in five years: Avichal Garg, X Hall of Flame
16.7.2024
Electric Capital co-founder Avichal Garg believes that spot Bitcoin ETFs have helped ease the blow from the collapse of crypto exchange FTX
Liquid Restaking Protocol Puffer Raises $18M, Led by Brevan Howard, Electric Capital
16.4.2024
The fresh round of capital will be used to help launch Puffer’s mainnet
Fordefi Raises $10 Million from Electric Capital, Paxos to Make Retail Wallets Safer
13.2.2024
Crypto wallet provider Fordefi announced today via press release that it has raised $10 million in funding to help bring its institutional-grade crypto wallet to retail platforms. In other words, the company wants to develop its user-owned self custody wallet-as-a-service (WaaS) solution...
Charles Hoskinson Predicts 2024 Will Be the Biggest Year of Growth for Cardano
25.1.2024
Cardano’s co-founder Charles Hoskinson has projected 2024 as the biggest year for massive growth in the network’s ecosystem. In a recent broadcast released for the community, Hoskinson noted that it will be a year for growth while highlighting development roadmaps, integrations and strategies to...
VC Firm Electric Capital Warns Crypto Community About New Disguised Crypto Scam
29.11.2023
Source: Pixabay The co-founder of the crypto-focused VC firm Electric Capital, Avichal Garg, has warned investors over a potential disguised crypto scam. The early-stage VC that raised $300 million for its third fund in September, is now being targeted by crypto scammers. According to Garg’s...
Starknet and zkSync buck trend as crypto ecosystems shed devs by 28%
19.10.2023
Monthly active developers across the crypto ecosystem fell 28% year-on-year in October, though some have managed to buck the trend
‘Community-Based IP’ — Yuga Labs CEO Describes Web3 Evolution of Licensing to Japanese Government Official
29.7.2023
In a recent “fireside chat” with the deputy director of the Web3.0 Policy Office of Japan’s Ministry of Economy, Trade, and Industry, Yuga Labs CEO Daniel Alegre noted: “We’re not even in the first inning” of where Web3 “evolution” is going to...
Crypto Startup Hourglass Starts Unique Marketplace to Trade Locked Up DeFi Assets
15.5.2023
The company raised $4.2 million in seed round, led by ElectricCapital
Fixed Income DeFi Platform Term Finance Readies for Business
28.2.2023
Term Labs, the platform's builder, raised a $2.5 million seed round led by Electric Capital with participation from Coinbase Ventures, Circle Ventures and others
Number of devs increased during crypto winter: Electric Capital report
18.1.2023
Ethereum continues to be the dominant blockchain for developer activity, however, a few other chains continued to make ground
Crypto Developers Grew in Numbers Amid Bear Market, VC Firm Electric Capital Says
17.1.2023
Developers are mainly focusing on alternative ecosystems to Bitcoin and Ethereum, helping them grow faster, the VC firm said in a report
Ex-SEC Chair Jay Clayton Joins Crypto Investor Electric Capital as Adviser: Report
24.8.2022
The news continues the trend of regulatory experts embracing the crypto industry
Number of DAOs increases 8X along with spike in votes and proposals
10.6.2022
The total number of DAOs has increased dramatically over the past 12 months along with their participation rates, but it may not mean decentralized governance is catching on
Electric Capital Leads $4.5M Investment in NEAR Exchange Trisolaris
4.4.2022
Jump Crypto and Dragonfly Capital also invested in the decentralized exchange on the NEAR protocol
Electric Capital Raises $1B for 2 New Crypto VC Funds
1.3.2022
Long-term investing and public goods will be a focus for the two new funds from what had been a smaller player in the world of crypto VC
Near Foundation Raises $150 Million to Bolster Web3 Adoption
14.1.2022
On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than...
Defi Derivatives Exchange Dydx Raises $65 Million – Project Plans to ‘Launch a Mobile Application’
16.6.2021
The decentralized exchange (dex) Dydx announced the organization has raised $65 million in a Series C funding round led by Paradigm. The Dydx announcement notes that the additional capital will be leveraged to “significantly improve liquidity” on the dex platform “through...
Governments can stop Bitcoin by shutting down mining, says Electric Capital exec
20.4.2021
"If the U.S. stopped all the U.S. miners, Kazakstan stopped all the miners there — that kind of shuts down 80-90% of the hashrate pretty quickly," said Curtis Spencer
Payments Startup Celo Raises $20M From a16z, Electric Capital
10.2.2021
Celo offers a blockchain payments platform using customers' cellphone numbers to secure their public keys
Saddle Raises $4.3M for Slippage-Free DeFi Trading
19.1.2021
Silicon Valley's Saddle is solving the stablecoin spread that currently dogs DeFi