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Blockchain venture capital funding down over 43% in July: Report
18.8.2022
The crypto market downturn is impacting private funding, but are recent declines in capital inflows as bad as the figures suggest?
Blockchain VC Shima Capital debuts with $200M Web3 fund
17.8.2022
The venture firm, which was founded in 2021, is prioritizing decentralized social media, DAOs, DeFi, metaverse, zero-knowledge proofs and layer-1 solutions
Bit Mining Secures $9.3 Million Registered Direct Offering From Institutional Investors
17.8.2022
Bit Mining Limited has announced that it has entered a $9.3 million registered direct offering with specific institutional investors. Bit Mining explained that it aims to use the funds from the offering to expand infrastructure and invest in new mining machines. Bit Mining to Use Fresh Capital...
Bill Ackman Among Investors as Venture Capital Crypto Firm Shima Capital Raises $200M Fund
17.8.2022
The Web3-focused fund, founded by a Wall Street veteran, is backed by crypto heavyweights Dragonfly and Animoca
CoinFund launches $300M early-stage Web3 venture fund
17.8.2022
The New York- and Miami-based VC firm said several of its seed-stage crypto investments are preparing Series A funding rounds
Google invested a whopping $1.5B into blockchain companies since September
17.8.2022
Other notable corporate investors include BlackRock, Morgan Stanley, Samsung, and Goldman Sachs, according to a report from Blockdata
Report: Celsius CEO Accused of Controlling Crypto Company’s Trading Scheme and Placing Bad Bets
17.8.2022
According to a recent report published on Tuesday, the Israeli-American founder and CEO of Celsius Network, Alex Mashinsky, was in charge of the company’s trading strategy. The report, citing multiple people familiar with the matter, said Mashinsky sold millions of dollars’ worth...
Bitcoin Miner PrimeBlock Cancels Listing Plans, Terminates $1.25B Merger With 10X Capital
16.8.2022
Bitcoin mining company PrimeBlock has terminated its plans for a public listing via a merger with special purpose acquisition company (SPAC) 10X Capital Venture Acquisition
․bit Raises $13M to Build Cross-Chain Decentralized Identity Protocol
15.8.2022
bit (did.id) has raised $13 million to build a cross-chain decentralized identity protocol. The Series A round, completed one year after the startup’s launch, was from CMB International, HashKey Capital, QingSong Fund, GSR Ventures, GGV Capital, and SNZ. .bit’s open-source blockchain protocol will...
Crypto-focused venture firm Dragonfly acquires hedge fund: Bloomberg
15.8.2022
Amid the grueling bear market for Bitcoin, Ether and altcoins, the cryptocurrency industry is undergoing consolidation
Crypto Venture Capital Firm Dragonfly Buys Hedge Fund MetaStable Capital: Report
15.8.2022
Dragonfly has also rebranded itself, according to Bloomberg
Scaramucci highlights key factors why crypto market will soon recover
15.8.2022
Anthony Scaramucci cited the Merge, improving macro indicators such as waning inflation, key business partnerships and pumping crypto prices as reasons for his optimism moving forward
Skybridge Expects Bitcoin to Reach $300K in 6 Years — ‘You Are Going to See a Lot More Commercial Activities’
15.8.2022
Skybridge Capital is “pretty optimistic” about bitcoin and ethereum over the next 12 to 24 months. The global asset management firm’s founder explained that the world’s largest cryptocurrency could reach $300K in six years, urging investors to “just relax”...
US Venture Capital Firm Leads New Investment in Nigerian Startup Teamapt
14.8.2022
The United States-based venture capital (VC) firm, QED Investors, recently led an investment round that raised more than $50 million for the Nigerian fintech Teamapt. The investment, as well as the VC firm’s hiring of personnel tasked with spearheading its investments in Africa, seem...
Crypto Biz: A Futurist take on crypto
12.8.2022
The 2022 Blockchain Futurist conference in Toronto, Canada wrapped up this week. DeFi and institutional adoption of crypto were high on the agenda
Arrington Capital Moonbeam Growth Fund Makes a Strategic Investment in DAM Finance
12.8.2022
The Arrington Capital Moonbeam Growth Fund has supported DAM Finance, a framework for generating buying power from cross-chain token portfolio management. The $100 million Arrington Capital Moonbeam Growth Fund, which was recently formed to support the Moonbeam ecosystem, has made its...
Maven 11 launches $30M lending pool on Maple as borrowers turn to DeFi
11.8.2022
With liquidity drying up in the wake of CeFi contagion, borrowers are turning to decentralized finance for their credit needs
Crypto Fund QCP Capital Says Options Trading Is Next Institutional Growth Driver
11.8.2022
Institutional investors are much more likely to partake in options trading than other crypto-centric niches, founder Darius Sit said at an event in Seoul
Moroccan Capital Markets Regulator Launches Fintech Portal
11.8.2022
The Moroccan Capital Market Authority (AMMC), the capital markets regulatory body in Morocco, announced recently that it has launched a fintech portal on its website. The new portal has been created in order to facilitate exchanges between the regulator and “companies involved in...
ReadON Completes $2M Seed Round to Build a Decentralized Content Distribution Platform
11.8.2022
PRESS RELEASE. ReadON (readon.me), a company that aims to provide users with a brand-new content consumption experience by utilizing blockchain, completed its seed investment round of $2M led by SevenX Ventures. Other investors included HashKey Capital, Foresight Ventures, Sky9 Capital, ArkStream...