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AI Powerhouse Openai Raises $6.6B Achieving a $157B Valuation
6.10.2024
AI startup Openai reported closing a funding round led by Thrive Capital and the participation of other tech companies like Microsoft and Nvidia. The $6.6 billion raised would be used to expand its set of tools and raise its computing capacity, which needs to increase significantly to train new...
OpenAI raises an additional $6.6B at a $157B valuation
2.10.2024
In February 2024, the artificial intelligence company was valued at approximately $80 billion and has grown considerably since that time
Bitcoin open interest surge past $35B raises 'overheating' concerns
2.10.2024
Bitcoin’s recent surge in open interest beyond $35 billion has analysts worried about potential signs of froth in the market
FXGuys Revolutionizes Multi-Asset Trading: $1M Raised in Just One Week
27.9.2024
The world of multi-asset trading is set to witness a groundbreaking transformation with the introduction of FXGuys (FXG),…
Blockchain Climate Tech Startup Coral Raises $3 Million
26.9.2024
Coral, a climate tech startup leveraging blockchain and AI, has secured $3 million in pre-seed funding to expand its operations and enhance its carbon emissions management platform. The funding will enable Coral to open a new office in Abu Dhabi, hire more experts, and improve its AI-powered...
Nigeria’s Central Bank Raises Benchmark Rate by 50 Basis Points
25.9.2024
The Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) by 50 basis points to 27.25% and increased the Cash Reserve Ratio (CRR) for banks. These measures aim to combat inflation and stabilize the Nigerian economy. The CBN governor, Olayemi Cardoso, stated that the reforms...
Telegram's policy shift raises privacy concerns
24.9.2024
Other top messaging apps like WhatsApp and Meta’s Messenger are also sharing user data with authorities, on valid legal requests
Crypto All-Stars Raises $1.5M in ICO for New Meme Coin Staking Platform
23.9.2024
Crypto All-Stars (STARS) is a hot topic right now, having just passed the $1.5 million mark in its ICO. The project’s main attraction is MemeVault – a platform allowing investors to stake their favorite meme coins for huge rewards. MemeVault – The All-In-One Staking Platform...
Blockchain Data-Availability Project Celestia's Foundation Raises $100M
23.9.2024
MicroStrategy raises $1.01B for Bitcoin acquisitions
20.9.2024
MicroStrategy completes a $1.01 billion convertible note offering, allocating proceeds for Bitcoin purchases and debt repayment
MicroStrategy raises $1.01B for Bitcoin acquisitions
20.9.2024
MicroStrategy has completed a $1.01 billion convertible note offering, allocating proceeds for Bitcoin purchases and debt repayment
Tether’s transparency and business structure raises $118B FTX-like concerns
20.9.2024
Tether’s market share surpassed 75% of the entire stablecoin market, fueling concerns over the stablecoin giant's influencer over the crypto industry
Solana-Based Drift Raises $25M Toward Goal of Becoming 'Robinhood of Crypto:' Report
19.9.2024
The DeFi platform plans to build an array of financial services tools, including spot and derivatives trading and a predictions market
Hemi Labs Raises $15M to Launch Modular Blockchain in Round Led by Binance Labs
18.9.2024
The Hemi testnet is now live, with a mainnet launch planned for the fourth quarter
Prediction Market Limitless Raises $3M in Pre-Seed Round Led by 1confirmation
17.9.2024
PRESS RELEASE. Limitless Labs, the R&D network behind prediction market Limitless, has announced the successful closure of a pre-seed round. A total of $3M was raised in a round led by prominent venture capital firm 1confirmation, which has backing from tech veterals such as Peter Thiel, Marc...
A New Prediction Market Raises $3M in Pre-Seed Round Led by 1confirmation
17.9.2024
Unlike industry leader Polymarket, Limitless Network isn't focusing on the election. It's carving out a niche with contracts that expire quickly and user-created markets
Bitcoin rally to $60K raises traders’ interest in FET, SUI, AAVE and INJ
15.9.2024
Bitcoin’s rally above $60,000 could trigger buying in FET, SUI, AAVE, INJ and other altcoins
Meme Coin Layer 2 Project Pepe Unchained Raises $13M in Presale – Next Crypto to Explode?
13.9.2024
It’s a golden era for Ethereum layer 2s. On-chain activity is exploding, and new innovations are releasing daily. Not least is the meme coin-focused Ethereum layer 2 Pepe Unchained ($PEPU), which has just cleared the $13 million total raised milestone at presale. This comes as Coinbase...
Trader’s acquisition of $1.5M CryptoPunk for $23K raises eyebrows
12.9.2024
A trader acquires a rare Ape-themed CryptoPunk valued at $1.5M for just 10 ETH using a smart contract mechanism that allows a shotgun buyout
Blockchain music startup Tune.fm raises $50M from Global Emerging Markets
12.9.2024
The fresh capital brings Tune.fm's total funding to $80 million. The funds will be used to reward artists and users within the platform