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Crypto Investor FTX Ventures to Take 30% Stake in SkyBridge Capital
9.9.2022
FTX Ventures, the investment arm of the Sam Bankman-Fried-led crypto exchange, is to take a 30% stake in Skybridge Capital, CNBC reported Friday
Coinbase Offers MakerDAO 1.5% Interest on USDC held at Prime
8.9.2022
Major crypto exchange Coinbase is looking to partner with the largest decentralized lending protocol, MakerDAO. Coinbase has offered to pay MakerDAO 1.5% interest if Maker onboards its holdings of USDC to Prime, Coinbase's institutional-grade investment platform. ...
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Poolz Ventures Joins Magic Square as an Early Investor
7.9.2022
The decentralized cross-chain IDO platform, Poolz Finance, has formally joined the early investor club, Magic Square is happy to announce. Their participation in the KOL fundraising round is important because it will support Magic Square’s aim to provide a unified App Store experience for...
Blockchain incubator valued at $100M following NGC Ventures-led Series A
5.9.2022
PANONY, a Hong Kong-based investor and consulting agency, is prioritizing Web3 startups for its incubator program
Polkastarter Gaming and Ultra Collaborate for New Gaming Ventures
2.9.2022
The gaming sector’s premier fundraiser portal Polkastarter, which has over 30 gaming partnerships and staff with over 20 years of combined experience, has recently announced a relationship with Ultra. This innovative alliance uses Polkastarter Gaming’s infrastructure and Ultra’s...
Slow Ventures Raises Stakes on Crypto Governance with ‘Timber sDAO’
30.8.2022
The first sDAO bought plain old land; the second sDAO is buying more. But this time: land with trees
FTX Ventures and Alameda Research Merge Crypto VC Business: Report
25.8.2022
The closely-aligned wings of Sam Bankman-Fried's empire are now one and the same
FTX Ventures Denies Report That It's Merging With Alameda Research's Crypto VC Business
25.8.2022
Bloomberg had reported that the two operations would merge their venture capital businesses
․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...
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...
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...
Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product
3.8.2022
On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the startup launched a new product called Stablesats, a stablecoin concept that leverages...
Contributors piling into Bitcoin, Ethereum, and Solana since 2018: Report
3.8.2022
The Ethereum network continues to see the largest number of monthly-active contributors at around 2,000 as of July
Cross-Chain Bridge Nomad Loses $190 Million Making It 2022’s Third-Largest Crypto Heist
2.8.2022
On Monday, the cross-chain token bridge Nomad was attacked and hackers managed to siphon $190 million from the protocol, draining a great majority of the funds. The Nomad cross-chain bridge attack was the third-biggest crypto heist of 2022, and the ninth largest of all time. Nomad Cross-Chain...
Metaverse Company Condense Raises $4.5 Million to Accelerate VR Streaming Adoption
1.8.2022
Condense, a Bristol, England-based metaverse company that produces technology to allow the streaming of events to virtual reality apps, has raised $4.5 million in its most recent seed round. The round, which was led by Localglobe, 7percent Ventures, and Deeptech Labs, gives Condense funding...
Mystic Treasure and SS Ventures Announce Partnership
1.8.2022
Mystic Treasure has published an official announcement for its strategic partnership with SS Ventures intending to expand the crypto network. Additionally, both partners look to increase marketing promotion, brand awareness, and user exposure. An overall objective is to create a win-win situation...
Digital Identity Startup Unstoppable Domains Secures $65 Million in a Series A Led by Pantera Capital
27.7.2022
On Wednesday, the Web3 digital identity platform Unstoppable Domains announced the company has secured $65 million in financing in a Series A funding round led by Pantera Capital. The latest funding gives Unstoppable Domains a post valuation of $1 billion, pushing the blockchain startup up...
Aptos Labs Raises $150M in Funding Round Led by FTX Ventures
25.7.2022
Layer 1 blockchain Aptos Labs has raised $150 million in a Series A funding round led by FTX ventures, taking the total raised this year to $350 million
Kenyan Activists Say Cryptocurrencies Have the ‘Potential to Create New Ways for Young People to Earn’
24.7.2022
According to some Kenya-based activists, raising funds through cryptocurrency and non-fungible tokens (NFT) sales is not only faster but less costly as well. The activists added that digital currency also has the “potential to create new ways for young people to earn, spend, save and send...
FTX to Help Voyager Customers, CEO Says Firm Willing to Deploy ‘Hundreds of Millions’ to Help Crypto Industry
24.7.2022
The founder and CEO of the leading exchange FTX, Sam Bankman-Fried has offered to give early liquidity to Voyager Digital’s customers, according to an announcement FTX published on July 22. Furthermore, Bankman-Fried discussed the crypto industry with CNBC in an exclusive interview,...