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A16z Backs Web3 Consumer App Setter in $5M Seed Round
28.11.2023
Setter aims to address "the complexity and unfriendliness of current wallet technologies," making entry into Web3 a seamless experience for more users
Today in Crypto: Matr1x Gaming Platform Raises $10 Million, Bybit’s Portfolio Margin Mode Gets Spot Trading Capabilities, MapMetrics Expands to Peaq Blockchain
23.11.2023
Source: matr1x.io/games Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Investment news Matr1x, the platform facilitating the mobile shooting game Matr1x Fire within the Web3 domain, secured...
Africa-Focused Remittances Fintech Zazuu Shut Downs After Failing to Secure Additional Funding
21.11.2023
An Africa-focused remittances firm, Zazuu, has become the latest fintech startup to close shop after it failed to raise extra funding. Zazuu and other African fintechs’ funding problems are said to be linked to the collapse of Silicon Valley Bank in the U.S. Zazuu Shuts Down Just Over a Year...
Blur Founder Launches New Layer 2 Network Blast, Raises $55 Million Within Hours
21.11.2023
Source: Pixabay Blast, Ethereum’s latest Layer 2 network, has gone live in an “early access” mode. In an X post on Monday, Blast announced its intention of becoming the inaugural Ethereum Layer 2 platform to introduce a built-in yield model. The company’s $20 million initial funding round...
ZK community aligned with the core Web3 mission: zkDay Istanbul round-up
20.11.2023
The ZkDay Istanbul event offered exposure and networking opportunities to new and upcoming ZK-based projects and entrepreneurs
Bitcoin Ordinals Project Taproot Wizards Raises $7.5 Million in Seed Funding
17.11.2023
Source: Adobe / Daniel Krasoń The Bitcoin Ordinals project known as Taproot Wizards has successfully secured $7.5 million in seed funding in a round led by venture capital firm Standard Crypto. Additional contributions in the round came from prominent investors including Geometry, Collider...
Another Round of Bitcoin Spot ETF Rejections Likely: BitGo CEO
17.11.2023
Source: BitGo/Canva The general belief amongst market experts is that a Bitcoin spot exchange-traded fund (ETF) approval is on the horizon following Grayscale’s significant legal victory against the SEC. However, BitGo’s CEO, Mike Belshe, feels otherwise. Making his opinion known in...
Web3 Social Company Sleek Announces $5 Million Seed Round
17.11.2023
Source: Pixabay Hong Kong-based Web3 social company Sleek has revealed a $5 million seed round, with the fundraising valuing the company at $50 million. In a press release published on Friday, the company said that it had secured funds through a Simple Agreement for Future Tokens (SAFT), granting...
Bitcoin-Focused Ordinals Project Taproot Wizards Raises $7.5M in Seed Round
16.11.2023
Taproot Wizards, which describes itself as "magic internet JPEGs", offers a collection of Microsoft Paint images of wizards harking back to a 2013 bitcoin meme: "magic internet money."
Blockchain.com Raises $110 Million in Series E Round Led by Kingsway
16.11.2023
Blockchain.com, a cryptocurrency enterprise offering a digital asset exchange, a blockchain explorer, and a non-custodial wallet, has recently secured $110 million in a Series E funding round spearheaded by Kingsway. Despite this successful funding round, Blockchain.com’s post-valuation...
CFX Labs Secures $9.5 Million Seed Round To Expand Solana-based Payment Network
15.11.2023
Source: Pixabay CFX Labs has raised $9.5 million in seed investments to expand its Solana-based stablecoin payment and remittances network. The US-based fintech firm said in a press release on Wednesday that the fundraising was oversubscribed, with Shima Capital, Decasonic, Antalpha, CMT Digital...
OKX Ventures makes seed round investment in Kakarot
15.11.2023
OKX Ventures carries out a seed round funding in Kakarot, which is a Type 2.5 ZkEVM worded in Cairo. This is a Turing complete programming language. Cairo o has been created to collect into Cairo Assembly (CASM), helping to bring about implementation signs. In turn, these signs are utilized...
Blockchain.com Receives $110 Million in Series E Funding Led by Kingsway Capital
15.11.2023
Source: Blockchain.com The crypto exchange Blockchain.com has successfully raised $110 million in its latest Series E funding round. This substantial financial boost was led by Kingsway Capital, a UK-based investment management firm. Alongside Kingsway Capital, the Series E round saw participation...
Blockchain.com $110M funding round halves its 2022 valuation: Report
15.11.2023
Despite new investment in the crypto exchange, Blockchain.com’s valuation has more than halved from its $14 billion peak
K-pop Agency Modhaus Announces $8 Million Series A Investment
14.11.2023
Source: Pixabay A South Korean blockchain-based K-pop startup has raised $8 million in its series A funding round. Modhaus announced in a statement today that the series A funding round has pushed their total fundraising to $12 million overall. The funding round was led by U.S. investment firm...
Goldman Sachs leads $95M funding round for blockchain payment firm Fnality — Report
14.11.2023
With $158 million of total capital raised since 2019, Fnality plans to launch the Sterling Fnality Payment System in 2023, subject to approval by the Bank of England
Fnality Receives $95 Million Investment Led by Goldman Sachs, BNP Paribas
14.11.2023
Fnality International, a company specializing in tokenized cash solutions on blockchain, has secured a substantial investment of $95.2 million, according to Bloomberg. The funding round was spearheaded by prominent financial institutions Goldman Sachs and BNP Paribas. Fnality’s Growth Journey...
Latam Insights: Unlicensed Crypto Exchanges Still Allowed to Operate in Brazil, Lightning Strikes Salvadoran Bitcoin ATMs
14.11.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Central Bank of Brazil confirms that unlicensed exchanges can still operate in the country; El Salvador will integrate Lightning Network transactions...
Spartan Capital Invests in DeFi Protocol Pendle in a Follow-on Funding Round
9.11.2023
Source: Medium/Spartan Group In a strategic move to boost the burgeoning landscape of decentralized finance (DeFi), Spartan Capital has announced its continued commitment to Pendle Finance through an over-the-counter (OTC) acquisition. We're excited to share that we have made a follow-on...
Ritual Raises $25M for AI Decentralization, Targets Universal Access with DeFi Integration
9.11.2023
Ritual raises $25M to build a decentralized AI network. Image by ipopba, Adobe Stock. Ritual, a startup building a decentralized platform for artificial intelligence, has raised $25 million in a seed funding round. The funding was led by venture capital firm Archetype, with participation from Robot...