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1inch Network concludes $175M Series B led by Amber Group
1.12.2021
The funding round had backing from some of crypto’s biggest venture funds, which continue to bet big on the future of DeFi
Blockchain security firm CertiK approaches unicorn status following $80M raise
1.12.2021
As cryptocurrency markets and DeFi become more lucrative, blockchain companies have recognized a growing need for security
2TM, Mercado Bitcoin’s Holding Company, Raises $50.3 Million in Second Closing of Series B Funding Round
1.12.2021
2TM, a Brazilian fintech unicorn that is the holding company of Mercado Bitcoin, one of the leading crypto exchanges on the continent, has closed its Series B funding round again, raising an additional $50 million. The funding round was led by U.S.-based 10T and Tribe Capital, with...
Borderless Capital launches half billion dollar fund for Algorand projects
1.12.2021
Borderless Capital is looking to use its $500 million fund to back projects powering the “next generation” of decentralized projects on the Algorand blockchain
Finance Committee Approves Legislation Delaying Crypto Tax in South Korea
30.11.2021
Changes meant to postpone the introduction of a tax on virtual assets such as cryptocurrencies in South Korea have been approved by an important parliamentary committee. The draft legislation seeks to delay Seoul’s plan to impose a 20-percent levy on gains from crypto transactions. Ahead...
Mercado Bitcoin parent company 2TM raises $50M, further cementing unicorn status
30.11.2021
The Series B builds off 2TM’s massive $200 million SoftBank-led raise in July, which catapulted the company to a $2.1 billion valuation
Galaxy Digital raises $500 million in convertible debt to fund business expansion
29.11.2021
The move comes after the company increased its net profits by over ten-fold in the last quarter
Former Citi banker launches $1.5B crypto fund, taps Algorand as first partner
29.11.2021
The crypto economy continues to lure top talent from Wall Street. Matt Zhang becomes the latest industry veteran to jump ship
Moonlift Announces Rebranding Changes Name to Moonlift Capital
29.11.2021
PRESS RELEASE. Blockchain protocol Moonlift has unveiled a new name and new product release as part of an extensive rebranding initiative. The blockchain project will be known as MoonLift Capital and launch a decentralized exchange that allows token swaps and liquidity mining features. MoonLift...
Nigerian Crypto Exchange Raises Over $4 Million in Latest Funding Round
26.11.2021
A Nigerian crypto exchange, Busha, recently raised over $4 million in a funding round led by Jump Capital. Busha, a Nigerian cryptocurrency exchange, is reported to have raised a $4.2 million seed funding round recently. These funds, according to the exchange, will be used to expand its operations...
Play-to-Earn Gaming Guild Raises $18 Million in Funding Round Led by Animoca Brands
24.11.2021
A play-to-earn (P2E) blockchain gaming guild has raised $18 million in a Series A financing round according to an announcement on Wednesday. Avocado Guild detailed that the firm raised the funds from investors such as Animoca Brands, Goldentree Asset Management, Three Arrows Capital, and Solana...
Socialite Paris Hilton Backs $20 Million Strategic Investment in NFT Protocol Origyn
24.11.2021
The non-fungible token (NFT) project the Origyn Foundation announced on Tuesday the team received a strategic investment of $20 million from a myriad of investors. Hilton hotel heiress Paris Hilton participated in the funding round alongside firms like Polychain Capital and Table Management. Origyn...
Ethereum vs. Avax Social Media Battles Rage as L1 Fees Keep Rising
23.11.2021
The Ethereum scaling wars are raging on social media due to the problems that this chain is facing, with fees on layer one (L1) at very high levels. Zhu Su, CEO of Three Arrows Capital, a notable crypto VC company, announced he withdrew his support from the project, criticizing the state in which...
Crypto startup MoonPay raises $555M to hit $3.4B valuation
22.11.2021
Launched in 2019, MoonPay says it has processed more than $2 billion in transactions and hit 7 million users so far
Swedish call to ban crypto mining ‘completely misinformed,’ says fund manager
22.11.2021
“The claim that Bitcoin miners jeopardize the electricity network is completely misinformed,” says EU-based fund manager Melanion Capital
Three Arrows Capital CEO backtracks on Ethereum abandonment comments
22.11.2021
Zhu Su backtracked after the initial scathing comments, saying that he “loves Ethereum and what it stands for.”
6 Questions for Han Kao of Sanctor Capital
21.11.2021
Finance Redefined: Acala wins Polkadot parachain, and Iota set to launch Shimmer, Nov. 12–19
19.11.2021
Acala was victorious in Polkadot’s first parachain auction, Iota announced its staking network, and Uniswap liquidity providers lose money — all coming to you in this week’s Finance Redefined
NFT-Collateralizing South African Startup Raises $5 Million in Latest Seed Round
19.11.2021
A South African startup, NFTfi, is reported to have recently raised $5 million which the company intends to use for boosting its business of collateralizing non-fungible tokens (NFTs). Cryptocurrency Loan Marketplace According to a Techcrunch report, NFTfi’s $5 million capital raise was...
Crypto miner PrimeBlock reportedly plans to go public through 10X Capital merger
18.11.2021
The merger could result in a valuation of the two firms at roughly $1.5 billion following a $150 million fundraising round from 10X Capital Venture