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Solana-Based Stablecoin Remittances Get a Boost with CFX Labs' Fresh $9.5M Fundraise to Expand Globally
15.11.2023
Remittances are one of the most compelling use cases for stablecoins, offering fast, non-stop settlements and cheap transactions using blockchains as payment rail
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...
Crypto VC Funding Slowed Last Week as $35M Raised in 9 Deals Including Uniswap DAO
7.11.2023
Summary of blockchain project fundraising for the week of Oct. 30 to Nov. 3. Highlights included a $12M raise for Ekubo Protocol and $6.3M for the AI-based blockchain project Modulus
Senator Ted Cruz Now Accepts Campaign Donations in Bitcoin
7.11.2023
Image Source: Pixabay Senator Ted Cruz (R-TX) has revealed his decision to accept Bitcoin ( BTC) as part of his campaign fundraising efforts. “I am bullish on bitcoin, and I’m proud to accept bitcoin campaign donations,” he said in a recent interview with Forbes. Cruz’s...
Terrorist fundraising: Is crypto really to blame?
30.10.2023
The industry is reeling as governments, legislators, and even investors ask if its networks are being exploited by terrorists. A sense of proportion may be needed
Chimpzee Burns 1 Billion More CHMPZ Tokens, New Raise Goal Announced
28.10.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The Chimpzee (CHMPZ) project is achieving remarkable strides in its endeavors, and the upcoming debut of the Chimpzee shop is further fueling the anticipation. With its launch just around...
Games For Gaza Fundraising Bundle Surpasses $15M Goal In Hours
27.10.2023
Games For Gaza, an itch.io fundraiser for Medical Aid For Palestinians (MAP) that features 256 items ranging from games, stories, soundtracks, game assets, and more, reached its $15 million goal within hours of its October 27 launch. Read more
Gumi Cryptos Capital and Arcane Group Lead $5.4M Investment in Moonveil Web3 Game Studio – Crypto Gaming Making a Comeback?
27.10.2023
Web3 game studio Mooveil has announced the successful completion of a pre-seed/seed round fundraising, securing a total of $5.4 million in investments. The funding round was led by Gumi Cryptos Capital and Arcane Group, two prominent players in the crypto investment landscape. In addition...
No Evidence Hamas Received Significant Crypto Donations: Elliptic Says Data Has Been Misrepresented
27.10.2023
Blockchain analytics firm Elliptic says there is no evidence that Hamas has received significant volumes of cryptocurrency donations, emphasizing that crypto data it provides on the matter has been misrepresented. Noting that crypto accounts linked to Hamas have been seized or frozen, Elliptic...
Solana Labs launches Web3 incubator offering dev and fundraising support
26.10.2023
Applications will be accepted for consideration until November 30
Blockchain Forensics Firm Elliptic Challenges Reports on Crypto’s Role in Terrorism Funding
26.10.2023
Recent reports suggesting that crypto has played a significant role in terrorism funding have been debunked by blockchain forensics firm Elliptic. According to a report by Elliptic published this week, the transparency and traceability of the blockchain make it challenging for terrorist groups like...
Israeli Crypto-Based Aid Organization Says Nearly $200,000 Raised for October 7 Terror Victims
25.10.2023
Nearly $200,000 has been raised by a non-profit organization launched by members of Israel’s Web3 community. More than 30 Web3 companies have since joined the campaign while the accounting firm KPMG is said to be assisting with fundraising and distribution. Web3 Companies Join Campaign Crypto...
Crypto Community Fears Rug Pull as Safereum Faces Drastic Liquidity Drain Post $600,000 Fundraising
24.10.2023
The cryptocurrency community is fearing a rug pull after Safereum saw huge sums of liquidity drained, making off with around $1.3 million worth of funds, according to blockchain security experts....
Read More: Crypto Community Fears Rug Pull as Safereum Faces Drastic Liquidity Drain Post $600,000...
Russian Crypto Exchange Moves Money for Gaza Groups, Report
16.10.2023
Palestinian militant organizations, including a Hamas-linked Islamist group, have been using a Moscow-based crypto exchange to transfer millions, a press report revealed. The U.S.-sanctioned platform, which allows customers to convert Russian cash to crypto and then withdraw fiat abroad, has been...
Is It Too Late to Buy Rollbit Coin? RLB Price Rallies 10% as New Crypto Casino Project Secures $1 Million Fundraising
16.10.2023
Despite a volatile October - that has seen the rise of Telegram bots, leading GambleFi token Rollbit (RLB) is poised to explode following a +10% rally, leaving some side-lined investors asking 'is it too late to buy Rollbit'?
This comes as the Rollbit platform is invigorated by an ongoing...
Crypto Fundraising Hits 3-Year Low as Firms Struggle to Raise Capital: Messari
5.10.2023
The amount raised by crypto firms in Q3 fell to just under $2.1 billion, across 297 deals, the lowest on both counts since Q4 2020
DraftKings' Billionaire-Backed Crypto Analytics Firm CoinScan Raises $6.3M
21.9.2023
The company is backed by Shalom Meckenzie, the largest individual shareholder in sports betting company DraftKings
New Crypto AI Utility Coin yPredict Rockets Past $3.7 Million Fundraising Milestone – Next Big Thing?
9.9.2023
With a constant rise in high-quality digital content demand, companies are increasingly seeking effective tools to streamline the content creation process. One such effort is the development of WriteMingle, a new software application that incorporates artificial intelligence to assist in content...
Steve Cohen’s Point72 Ventures Leads $15M Fundraising in Swiss Fintech GenTwo
5.9.2023
The firm plans to use the funding to grow internationally and develop the company’s financial engineering platform
BRICS Bank Issues First ZAR Bonds as It Looks to Use Local Currencies
18.8.2023
The New Development Bank (NDB), established by the BRICS bloc of emerging economies, has issued its first bonds denominated in South African rand (ZAR). The auction, which was closed on Tuesday, is part of the bank’s efforts to increase both fundraising and lending in local currencies. Development...