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Ritual Secures $25 Million in Seed Funding to Decentralize AI
8.11.2023
Source: Pixabay AI platform Ritual obtained a $25 million capital injection in a Series A funding round led by Archetype, with assistance from Accomplice and Robot Ventures. The company announced on its website that the funds would help “expand our team, start growing our developer network,...
UK Web3 Firm Pimlico Secures $4.2M Seed Investment Led by a16z Crypto
8.11.2023
a16z. Source : Twitter/CRYPTOPURITY.COM Pimlico, a UK-based Web3 company, has successfully closed a seed investment round worth $4.2 million, led by the major venture firm Andreessen Horowitz’s crypto arm a16z Crypto. The new funding round comes after a recent pre-seed round, and marks a “crucial...
Arbitrum DAO Considers $24 Million “Backfund” for Projects Overlooked in Grant Selection
8.11.2023
Source: Pixabay The Arbitrum DAO is debating a proposal that would inject 21.4 million ARB tokens ($24 million) into previously approved projects that failed to reach the 50 million ARB total funding cut-off during the first round of grants for its Short-Term Incentive Program (STIP) last month....
Euro Stablecoin Startup StablR Secures €3.3 Million in Seed Funding
7.11.2023
Source: IQoncept / Adobe StablR, a euro stablecoin startup that began operating just over a year ago, has successfully raised €3.3 million ($3.5 million) in a seed funding round. The investment comes from a consortium of backers, including crypto derivatives exchange Deribit and venture firms Maven...
Bitcoin Round-Trips Its Way Back Under $35K as Fidelity's Timmer Calls It 'Exponential Gold'
2.11.2023
The world's largest crypto remains higher over the past 24 hours, but has slumped nearly 4% from its overnight high
Modulus Labs Completes $6.3 Million Funding to Integrate Cryptographic Security Into AI
2.11.2023
Artificial Intelligence (AI) startup Modulus Labs, a project that integrates AI and crypto, has raised $6.3 million in seed funding. The project announced the launch of its formal debut on Wednesday, following the funding round, led by key crypto investors. The platform is backed by crypto venture...
Crypto Venture Funds Variant, 1kx Lead $6M Funding Round for ZK-Meets-AI Startup Modulus
1.11.2023
The funding will be used for the company’s ambitions in zero-knowledge machine learning, combining aspects of zero-knowledge cryptography with artificial intelligence or AI
Alex Jones Lost a 10K-Bitcoin Stash Gifted by Max Keiser — Now He Can Regain It Doing a Quiz
28.10.2023
International journalist and Bitcoin maximalist Max Keiser is giving Infowars host Alex Jones the chance of regaining a gift of 10,000 bitcoin he lost. According to Keiser, Jones will have the chance to recover the stash by answering a trivia round consisting of 5 questions. However, Jones has...
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...
Bain Capital, Polychain, Lead $6M Funding Round For Privacy Protocol Firm Nocturne Labs
25.10.2023
Other investors included Ethereum co-founder Vitalik Buterin, Bankless Ventures and HackVC
Crypto Wallet Maker Ledger Officially Rolls Out 'Recover,' Unleashing Fresh Round of Snark
24.10.2023
Recover involves users' private keys being encrypted, duplicated and divided into three pieces which are held with three different parties
NASD Raises $3.3M Seed Round for Asset Issuer Chain Noble
24.10.2023
Noble is an appchain built for native asset issuance in Cosmos and the boundless Inter-Blockchain Communication (IBC) ecosystem
DEX Platform SynFutures Secures $22M in Series B Funding Round Led By Pantera Capital
20.10.2023
Permissionless perpetual trading platform SynFutures has recently secured $22 million in a Series B funding round.
Dan Morehead’s Pantera Capital led the investment round. But other participants include Hashkey Capital, SIG DT Investments (a subsidiary of Susquehanna International Group)....
DeFi Protocol Elixir Raises $7.5M in Series A Round Led By Hack VC
19.10.2023
DeFi platform Elixir has secured $7.5 million in a Series A investment fund led by Hack Venture Capital, bringing the protocol’s valuation to $100 million.
Other participants in the round included AngelList Ventures, NGC Ventures, Bloccelerate, Hudson River Trading, Genesis Trading, and angels...
Pro-crypto lawmaker stays interim US House Speaker as frontrunner loses first round of voting
17.10.2023
Ohio Representative Jim Jordan, the Republican Party's nominee for Speaker, won the support of 200 of his colleagues in an Oct. 17 vote — below the 217 needed to hold the position
Parsec Crypto Analytics Firm Raises $4 Million in Investment Round Led by Uniswap and Billionaire Novogratz’s Galaxy Digital
12.10.2023
Pro on-chain DeFi and NFT analytics platform Parsec has secured $4 million in an investment round.
Sharing the news on X, the crypto-facing analytics platform revealed that the investment round was led by billionaire pro-crypto investor Mike Novogratz’s Galaxy Digital.
Other key investors...
Chainalysis Lays Off More Staff in New Round of Crypto Job Cuts
7.10.2023
Blockchain forensics firm Chainalysis is shedding a chunk of its workforce, the second time it’s doing so within this year. The news comes in a difficult period for the whole industry which saw a number of such moves in 2023, against the backdrop of a persistent bear market and increased regulatory...
Blackbird raises $24 million in Series A Round led by a16z
5.10.2023
Blackbird Labs has raised $24 million in Series A Round. The funding was led by a16z with the objective of revolutionizing the way in which the restaurant industry serves its loyal customers. Other participants were Bolt by QED and Amex Ventures. Moving forward, Blackbird will offer innovative ways...
IYK secures $16.8 million in a seed round led by a16z
29.9.2023
IYK, an acronym for If You Know and a shorter version of IYKYK (If You Know You Know), has said that it has secured $16.8 million in a seed round. The round was led by a16z, its alma mater. Funds raised from the seed round will now be invested to launch the IYK platform and …
a16z Crypto Leads $3.6 Million Seed Round for Decentralized Information Exchange Protocol Freatic - What Does It Do?
21.9.2023
Freatic, a decentralized information exchange protocol built by a team of developers, has secured $3.6 million from a trove of investors.
The project, as revealed by the development team, has emerged from stealth mode and is gearing up for its public launch. Leading this investment round is...