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OKX Ventures opt for investing in Rage Trade
12.5.2023
OKX Ventures, which is the investment wing of the absolute top-of-the-line crypto exchange and Web3 technology organization OKX, has gone into carrying out investment in Rage Trade. This is a double-legged trading protocol that exists on the Ethereum, as well as Arbitrum mainnet. The entity...
Venom Foundation ventures into Kenya via a Government partnership
11.5.2023
Venom Foundation has announced that it has partnered with the government of Kenya, enabling the firm to venture its blockchain technology in the nation. The partnership is touted to help not just Kenya but other African nations as well. Specifically speaking, Venom Foundation will now establish...
Nigerian Payments Provider Nomba Secures $30 Million in Pre-Series B Funding Round
8.5.2023
The Nigerian payments startup, Nomba, is reported to have raised $30 million via a pre-Series B that was led by Base10 Partners. The new solution is expected to help the startup operate more efficiently and deliver “excellent customer experiences.” Plugging Gaps in Payment Processes...
Cryptoys Unveils Star Wars Digital Toys in New Line of Collectibles
5.5.2023
The crypto platform Cryptoys, backed by Andreessen Horowitz, has announced the launch of Star Wars collectible digital toys featuring iconic characters Darth Vader, Luke Skywalker, and Princess Leia. Cryptoys stated on Thursday that 15 digital action figures will be available to collect in total...
Coinbase Ventures Backs $10M ZkLink Raise Ahead of Mainnet Launch
4.5.2023
ZkLink offers a zero-knowledge rollup-backed decentralized trading infrastructure that makes it easier to trade between chains
Alchemy Ventures Backs $4M Round for NFT Platform Vibe
4.5.2023
The no-code NFT-to-product toolset allows creatives to add utility and value to their tokens
FTX Boss Ryan Salame’s Maryland Home Searched by FBI in Unexplained Raid
28.4.2023
According to unnamed sources, the home of Ryan Salame, the former co-chief executive of FTX Digital Markets, was searched by the U.S. Federal Bureau of Investigation (FBI) on Thursday. The grounds for the raid remain unknown, and neither Salame nor his legal representative have offered...
Mooky coin continues to innovate with NFTs and Ventures Club
27.4.2023
Mooky, the community DeFi token, is making waves in the cryptocurrency world with its latest announcement of hosting 1,000 unique NFTs for the community. These NFTs will be available for trading and have future utility. Mooky is taking a step further by introducing a Ventures Club for holders...
Crypto Exchange Gemini Ventures Outside The US With Plans For Derivatives Platform
22.4.2023
Despite an ongoing legal tussle with US authorities, Winklevoss Twins-owned crypto exchange Gemini has announced the launch of a crypto derivatives platform.
The new platform will only cater to crypto derivatives traders outside the North American nation.
In an April 21 blog post, the Gemini...
African blockchain ventures outpace global funding growth: Report
18.4.2023
Africa witnessed a 429% YoY increase in venture funding in 2022, with the majority of funding coming from Seychelles and South Africa
Diana Biggs: Building Early-Stage Ventures in Web3
11.4.2023
Now a partner at venture fund 1kx, Biggs is a nine-year crypto veteran. She's bullish on early-stage companies and.a speaker at our Consensus festival
Coinbase Ventures Joins Liquid Staking Protocol Rocket Pool’s Oracle DAO
3.4.2023
The investment branch of Coinbase, one of the largest centralized exchanges, will receive a share of rewards dedicated to Rocket Pool’s Oracle DAO
Investment DAO Hydra Ventures Raises $10M to Fund Other DAOs
29.3.2023
Web3 investors such as 1kx, ConsenSys, Collab+Currency, Wicklow Capital and Seed Club were among firms joining the investment round
Mysten Labs to Buy Back Equity, Token Warrants From FTX Bankruptcy Estate for $96M
23.3.2023
FTX Ventures invested $101 million in Mysten Labs just months before Sam Bankman-Fried’s empire collapsed. Now, Mysten is buying back the stake (and Sui token warrants) for $96 million through bankruptcy court
Multichain Wallet Bitkeep Raises $30 Million From Bitget to Strengthen Links Between Defi and Cefi
23.3.2023
On Wednesday, the multichain wallet Bitkeep announced it raised $30 million from the crypto derivatives platform Bitget. Bitkeep now has an overall valuation of $300 million, with goals aimed at strengthening the links between decentralized finance (defi) and centralized finance (cefi). Bitget...
Seed Club Ventures Emerges With $25M to Back DAOs
21.3.2023
The investor collective, also organized as a DAO, includes noted crypto firms Multicoin Capital, Delphi Digital and Dragonfly
EOS Network Ventures to invest $20M to the EOS EVM and GameFi projects
20.3.2023
Per an announcement made by Yves La Rose, the Chief Executive Officer of EOS Network Foundation, the Foundation has committed an investment worth $20 million into $EOS EVM. This empowers the EVM to onboard a larger number of developers from GameFi and EVM projects. It has been the fastest network...
EOS Network Ventures Commits $20M to Build Dapps and Games on EOS Blockchain
20.3.2023
The commitment comes ahead of next month's launch of EOS Ethereum Virtual Machine (EVM)
FTX Firms Had $6.8B Hole in Balance Sheet at Time of Bankruptcy
17.3.2023
The group of companies had debts of about $11.6 billion against $4.8 billion in assets, according to a presentation filed by its advisers
Report: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow
12.3.2023
The U.S. Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late Saturday night, according to reports. Final bids are due by Sunday afternoon. Unnamed sources indicate that the FDIC is seeking to close the deal promptly after California regulators...