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Gary Gensler pushes to bring crypto ventures under the law
10.3.2023
Gary Gensler, the Chair of the US Securities & Exchange Commission, has published an opinion article explaining the need to bring all crypto ventures under the legal lens. The emphasis is on the importance of bringing crypto ventures within the legal bounds for the objective of protecting...
Alpha Sigma, Transform Ventures Partner on New $100M Crypto-Focused Funds
8.3.2023
The firms are creating a new holding company called Alpha Transform Holdings, Inc
Transform Ventures launches holding company for blockchain with $100M AUM
8.3.2023
Transform Ventures was founded by Michael Terpin, a crypto investor who previously sued a New York teenager for $71.4 million in damages for allegedly snatching cryptocurrency from his phone
Hexa Raises $20.5 Million to Take Real Objects to the Metaverse
8.3.2023
Hexa, a 3D modeling company, has raised $20.5 million in its latest funding round to facilitate the task of bringing products into the metaverse. This new injection will ostensibly allow the company to expand its current workforce involved in engineering and business tasks, to improve the workflow...
Crypto Bank Charter Firm Protego Trust Lays Off Most of Its Workforce: Source
1.3.2023
Report Claims Visa and Mastercard Plan to Pause New Partnerships, Visa’s Head of Crypto Insists ‘Story Is Inaccurate’
28.2.2023
According to a recent report from sources familiar with the matter, Mastercard and Visa, the credit card and payment services giants, are halting new partnerships with cryptocurrency firms. This news comes after the collapse of several cryptocurrency ventures that offered crypto debit cards...
Crypto Wallet Startup Den Gets $2.8M in Seed Funding Led by IDEO CoLab Ventures
22.2.2023
The Den co-founders, the duo behind the viral hit ConstitutionDAO, says solving coordination issues is the biggest challenge for on-chain organizations
Former FTX Executive Accused of Fueling a Charity Through Discounted FTT Purchase
15.2.2023
A former executive of FTX allegedly earned profits for a charity by purchasing discounted FTX tokens, FTT, before they became available to the public at $0.05 per unit, according to a report citing anonymous sources. Ruairi Donnelly, the former chief of staff at FTX, has been accused of donating...
Blockchain Security Firm Ironblocks Raises $7M From Collider Ventures, Disruptive AI and Others
15.2.2023
The fundraise follows a record year of crypto losses to hackers
NFEX Raises $3M Seed Round to Build NFT Derivatives DEX
15.2.2023
PRESS RELEASE. NFEX has completed a $3 Million seed round led by ABCDE Capital and included investment from other well-known institutions including Amber Group and Firestone Ventures. NFEX strives to build the best derivative NFT market, creating new opportunities to attract greater liquidity...
Elementus Raises $10 Million to Bring Clear Blockchain Analytics to Institutional Customers
8.2.2023
Elementus, a New York-based blockchain firm, has raised $10 million as part of its Series A-2 funding round, led by Web3 VC company Parafi Capital. The raise, which values the company at $160 million, aims to allow Elementus to keep improving its processes for providing effective and sound...
Law Firm Subpoenas FTX Co-Founder, Top Executives, and Former Alameda CEO Over Voyager Digital Deal
7.2.2023
On Feb. 6, 2023, law firm Kirkland & Ellis issued a subpoena to FTX co-founder Sam Bankman-Fried and top executives on behalf of Voyager Digital. The subpoena requested they produce documents and communications related to the “Alameda Loan Agreement” between Alameda Ventures...
Addressable Raises $7.5 Million to Help Web3 Marketers Reach Their Audiences
3.2.2023
Addressable, a decentralized marketing startup, has raised $7.5 million in its seed round to tackle the current marketing woes in the Web3 area. The company claims its software can pair the onchain addresses of users with their social accounts, giving Web3 marketers more knowledge about their...
DeFi Liquidity Protocol Squid Raises $3.5M Round Led by North Island Ventures
31.1.2023
The Axelar-based protocol connects users with cross-chain assets for borrowing and lending
Nic Carter's Castle Island Ventures Backs New Crypto VC Firm
31.1.2023
Breed VC closed its first fund with nearly $20 million in capital
VitaDAO Closes $4.1M Funding Round With Pfizer Ventures for Longevity Research
31.1.2023
The decentralized autonomous organization is raising funds for research on technologies that target human aging
Crypto Asset Aptos Soars to All-Time High, Increasing 391% in 30 Days
27.1.2023
During the past 30 days, the layer one blockchain asset aptos (APT) has risen 391.8% against the U.S. dollar. In the past seven days, Aptos has increased 123.7% after reaching an all-time high of $19.92 per unit on Jan. 26, 2023. The Role of Decentralized Finance, Infrastructure Support, and NFTs...
Former FTX President Launches New Crypto Venture, Raises $5 Million From Leading Investors
20.1.2023
Less than a week ago, Brett Harrison, the former president of FTX US, published a 49-part Twitter thread describing his side of the story when he worked for the disgraced co-founder of FTX, Sam Bankman-Fried (SBF). On Friday, Jan. 20, 2023, Harrison revealed that his new firm, Architect, has raised...
Circle Ventures Backs $4M Round for Blockchain-Based Debt Provider Obligate
19.1.2023
The startup, formerly known as FQX, lets companies raise money through debt securities
Filecoin Foundation ventures into space with IPFS
18.1.2023
Filecoin Foundation, responsible for facilitating the governance of the Filecoin Network, has announced its first-ever mission of deploying a decentralized filing system by leveraging the Interplanetary File System (IPFS) with the objective of improving communication among planets. The mission will...