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Gaming Firm Illuvium Raises $12M Funding Led by King River Capital, Arrington and Animoca
27.3.2024
Blockchain gaming firm Illuvium has raised $12 million in a series A funding round with contributions from investors such as Australian venture capital firm King River Capital, Arrington Capital and Animoca Ventures.
The post Gaming Firm Illuvium Raises $12M Funding Led by King River Capital...
U.S. Sanctions Hezbollah Crypto Operator Linked to Terrorist Funding
26.3.2024
A hawala operator who worked with agents from Hezbollah on cryptocurrency funding infrastructure has been sanctioned by the U.S. Treasury’s Office of Foreign Assets Control (OFAC), the federal agency announced Tuesday. Tawfiq Muhammad Said Al-Law is accused of providing digital wallets to...
US Sanctions Russian Crypto Entities Following Potential Sanctions Evasions
26.3.2024
The U.S. has hit Russian crypto-related entities and individuals with additional sanctions following potential prior evasions aimed at funding the Putin-led country’s war against Ukraine, the Office of Foreign Asset Control (OFAC) revealed Monday. The latest announcement from OFAC marks the second...
Is It Too Late to Buy Internet Computer? ICP Price Up 20%, Bitcoin Rival Secures $8.8M Funding
25.3.2024
The price of Internet Computer (ICP) has shot up 20% in the last 24 hours as the token underpinning the blockchain-based computing ecosystem far outpaces market leaders Bitcoin and Ethereum today. Crypto prices are broadly rallying across the spectrum right now. Market leader Bitcoin (BTC) grew...
Layer 1 Blockchain Mantra Secures $11 Million from Latest Investment Funding Round
25.3.2024
Mantra, the Layer 1 blockchain for real-world assets (RWA), recently raised $11 million in an investment round that was led by Shorooq Partners. Mantra said the raised funds will also be used to provide developers with the tools they need to create RWA protocols and to expand the tokenization...
Espresso Systems Secures $28 Million in Series B Funding Led by a16z Crypto
22.3.2024
Espresso Systems raises $28 million in Series B funding led by a16z crypto to enhance Ethereum Layer 2 scalability and rollup interoperability through its marketplace.
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Succinct Labs Raises $55M to Propel Zero-Knowledge Proofs Into Mainstream Development
22.3.2024
On Thursday, Succinct Labs, a startup dedicated to democratizing zero-knowledge proofs, unveiled that it had secured $55 million in funding through both seed and Series A rounds. Paradigm took the lead in this financial boost, with additional support from entities like Robot Ventures, Bankless...
North Korea’s Cyber Activities and Crypto Theft Fuel Half of Foreign Currency Revenue: UN
21.3.2024
North Korea has been actively involved in "malicious" cyber activities, contributing to nearly half of its foreign currency revenue and funding its weapons programs.
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Web 3 Startup Tensorplex Labs Raises $3M Seed Funding to Decentralize AI
21.3.2024
Tensorplex said decentralization is an antidote to the risk of tech giants monopolizing artificial intelligence, making them prone to biases or censorship
SEC Requests More Funding to Regulate Crypto Sector
21.3.2024
The U.S. Securities and Exchange Commission (SEC) has submitted its 2025 budget request, which will partly fund the securities watchdog’s efforts to regulate the crypto sector. “We’ve seen the Wild West of the crypto markets, rife with noncompliance,” SEC Chair Gary Gensler...
Morph EVM Raises $20M Funding Led by DragonFly Capital
21.3.2024
Ethereum Virtual Machine (EVM) Layer 2 firm Morph, has raised $19 million in a seed funding led by DragonFly Capital.
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Nigerian Startup, Zone, Raises $8.5M in Seed-Funding Round
20.3.2024
Zone, a Nigerian payment fintech startup that leverages the blockchain, recently raised $8.5 million in a seed funding round. An undisclosed portion of the funds will be allocated to cover costs associated with the trial of Zone’s cross-border payment capabilities in 2025. Zone to Expand...
Tokenize Xchange Secures $11.5 Million in Series A Funding to Expand in Singapore
19.3.2024
With $11.5 million Series A funding led by Trive, Tokenize Xchange aims for expansion in Singapore and plans to secure a total of $33 million by the end of 2024.
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Web3 Fashion House mmERCH Secures $6.4m in Seed Investment Ahead of Innaugural Collection
14.3.2024
Blockchain-enabled Web3 fashion startup mmERCH announced its $6.4 million seed funding round at a $25.7 million post-money valuation led by Liberty City Ventures Thursday, marking a significant milestone for the Colby Mugrabi-led fashion house.
The post Web3 Fashion House mmERCH Secures $6.4m...
Steve Cohen’s Point72 Ventures Leads $10M Funding Round in Crypto Exchange D2X
14.3.2024
Point72 Ventures, an early-stage venture fund backed by Steve Cohen, is leading a $10 million Series A funding round in D2X, a Netherlands-based crypto derivatives exchange.
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Cleartoken Secures $10M in Funding to Pioneer UK’s First Digital Asset Clearing House
13.3.2024
On Monday, the crypto clearing house startup Cleartoken revealed that it raised $10 million from strategic investors including Nomura’s Laser Digital, Flow Traders, and LMAX Digital. Cleartoken Nets $10M to Launch U.K. Digital Asset Clearing Services The horizontal clearing house for the digital...
Ethereum Challenger Monad Labs in Talks to Raise $200 Million
13.3.2024
The smart contract platform, Monad Labs is in talks to raise over $200 million via a funding round that is likely to be led by venture capital firm Paradigm. A successful funding round will see Monad Labs’ valuation rocket to $3 billion. Monad Labs Building Platform to Challenge Ethereum...
ClearToken Raises $10M From Institutional Investors Including Nomura’s Laser Digital
13.3.2024
The crypto clearing house plans to start preliminary settlement services in the U.K. this year, subject to regulatory approval
Blockchain-Based Game MetalCore Receives $5 Million in Latest Funding Round
13.3.2024
Studio369's MetalCore secures $5 million in the latest funding round for its web3 combat MMO set in a dystopian alien world, key investors including Delphi Digital, BITKRAFT Ventures.
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Coinbase Plans $1B Bond Sale That Avoids Hurting Stock Investors, Copying Michael Saylor's Successful Bitcoin Playbook
13.3.2024
The convertible notes Coinbase wants to sell include provisions aimed at aiding its stock investors