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BNB Chain to collab with Google Cloud to bolster Web3, blockchain startups
14.9.2022
BNB Chain ecosystem participants are set to have access to Google Cloud services in a newly formed collaboration
Venture Capital Firm MetaWeb Raises $30M for Early Stage Crypto Startups
8.9.2022
MetaWeb Ventures, a venture capital firm focused on early-stage investments in crypto startups, has raised $30 million for its first fund
Brazilian Cryptocurrency Exchange Mercado Bitcoin Lays Off 15% of Workforce Due to Global Economy Woes
3.9.2022
Mercado Bitcoin, one of the biggest Brazilian cryptocurrency exchanges, has announced a new wave of layoffs amidst a worsening global economic situation for fintech startups, which the exchange states is affecting innovation-based companies. The exchange laid off 15% of its workforce on September...
Japan Looks at Corporate Crypto Tax Breaks to Entice Startups: Report
26.8.2022
Two crypto lobby groups recently asked the government to reform crypto tax laws in the country, where investors can pay up to 55% on capital gains
Japan considers implementing tax reforms to prevent capital flight of crypto startups
25.8.2022
Industry experts say that the current scheme is stifling domestic innovation in the virtual currency sector
Report: Investment Management Giant Invesco Launches Metaverse Fund
23.8.2022
The investment management giant Invesco has launched a metaverse fund that will invest in a myriad of startups focused on metaverse technology, a Citywire report detailed on Monday. “We will seek to capitalise on these opportunities through a highly selective, valuation-conscious...
Reserve Bank of Zimbabwe ‘Developed a Roadmap for Adoption of CBDC,’ Says Governor
14.8.2022
The governor of the Zimbabwean central bank, John Mangudya, recently said his organization “has developed a roadmap for adoption of CBDC [central bank digital currency] in Zimbabwe.” Mangudya also revealed that two fintech startups had been admitted into the central bank’s...
Celo Foundation to Help African Startups Scale Via Web3 Fund
12.8.2022
The Celo Foundation recently announced a Web3 fund for African startups to scale their operations. Named Celo Africa Web3 Fund, the initiative is open to every Africa-based startup. However, projects with African residents as founders will receive a preferential review for the fund. Celo has been...
German Crypto Exchange Nuri Files for Insolvency
10.8.2022
Cryptocurrency exchange Nuri has filed for insolvency, reportedly becoming Germany’s first fintech to take the step in a challenging year for startups in the industry. Customer access to the platform’s services and their funds will not be affected, the company assured. Crypto Exchange...
Report Shows Crypto Startups Raised $30.3 Billion in H1 2022, Exceeding Total Raised in 2021
7.8.2022
While cryptocurrency markets have seen poor performances during the first two quarters of 2022, a recently published fundraising report authored by Messari researchers notes that $30.3 billion was raised by crypto projects and startups during the first half of 2022. The $30.3 billion raised across...
Decentralized storage providers power the Web3 economy, but adoption still underway
28.7.2022
Decentralized storage providers are proving to be the backbone of Web3, but what does this mean for centralized web service providers?
Over a quarter of Asian Pacific ‘emerging giant’ startups tied to blockchain: Report
25.7.2022
A KPMG/HSBC survey finds NFTs and DeFi are more popular with Asian Pacific big startups than EV charging, quantum computing and a host of other new technologies
Telefonica to Invest in Metaverse Through Gamium
23.7.2022
Telefonica, one of the largest communication companies in Spain, has decided to invest in Gamium, strengthening its metaverse push. The company will allocate a non-disclosed amount of funds to this metaverse initiative through Wayra, its innovation-based incubator arm. The company is also...
FTX CEO and Solana co-founder offer advice for building Web3 ecosystems
21.7.2022
FTX CEO Sam Bankman-Fried and Solana co-founder Anatoly Yakovenko shared valuable insights for early-stage Web3 founders during a virtual summit
5 Crypto Startups Expected to Do Big Things in 2022
20.7.2022
Everything related to crypto startups has skyrocketed in value recently, and expectations are only higher for 2022. The amount invested by venture capitalists in 2021 reached nearly $30 billion, and the momentum does not stop with funding. Talents from big companies worldwide are flocking to...
Investment Firm Valkyrie Branches Into Venture Capital With Focus on Israeli Crypto Startups
19.7.2022
Veteran venture capitalist Lluis Pedragosa is leading the new team with a $30 million target fund
Multicoin Capital Announces $430 Million Venture Fund for Crypto Startups
12.7.2022
The venture capital giant’s latest fund – in combination with already existing vehicles at Multicoin – will invest $500,000-$1 million in early-stage projects, and up to $100 million or more for more mature opportunities
VC Roundup: ‘Web5,’ Metaverse sports and Bitcoin monetization startups generate buzz
9.7.2022
PolySign, Mash, Floor, Euler, Trinsic, KYVE and Atmos Labs headline the latest funding deals from the world of blockchain and cryptocurrency
Why Startups Are Front on Bitcoin Base Layer for Building the New Age of dApps?
4.7.2022
It’s no secret that dApps and Blockchain-oriented businesses have taken the world by storm these past few years. However, Ethereum, Solana, and the like have started to crop up issues. These Blockchains have been facing issues with security and uptime while being overwhelmed with the number...
Embr Releases Checkout to Future-Proof Trust in Web3 Payment Experiences
22.6.2022
Embr is an all-remote corporation building a global Web3 fundraising infrastructure, and Checkout is the first of many product releases focused on moving startups and creators into a new era of the internet. Web3 has the potential to rewrite the future of economic opportunity for innovators...