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Ellipsis Labs Raises $20 Million in Series A Funding Led by Paradigm for DeFi Expansion
5.4.2024
Ellipsis Labs, a prominent player in the crypto exchange sector, has secured $20 million in Series A funding, with Paradigm taking the lead in the investment round.
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Near Record High Funding Rate Suggests Bitcoin Pullback Not Over
4.4.2024
Though modestly higher today, bitcoin remains lower by about 8% from its record high hit two weeks ago
Nick Van Eck’s Agora Stablecoin Raises $12 Million in Seed Funding Led by Dragonfly
3.4.2024
Agora, co-founded by Nick Van Eck, garners $12 million in funding to introduce a stablecoin targeting international markets, while bypassing U.S. users until federal legislation evolves.
The post Nick Van Eck’s Agora Stablecoin Raises $12 Million in Seed Funding Led by Dragonfly appeared...
Crypto Venture Capital Firm Paradigm Looking to Raise Up to $850M for New Fund: Bloomberg
2.4.2024
The VC is looking to raise between $750 million and $850 million, Bloomberg reported citing source familiar
As ‘SNAPCAT’ Goes Viral on Solana and This Dogecoin Rival Just Secured $10 Million in Funding
2.4.2024
Bitcoin kicked off April with a tumble, yet Solana meme coin markets remain supercharged. In the latest development, SNAPCAT price has exploded after going viral, but retail investors are already shifting their attention to the next big launch. This article will analyze SNAPCAT’s current...
Andreessen Horowitz (a16z) Allocates $30M Funding for Gaming Startups
2.4.2024
Silicon Valley-based venture capital firm Andreessen Horowitz (a16z) founded by Marc Andreessen and Ben Horowitz is investing $30 million in gaming startups in the next 45 days.
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Farcaster Parent Company Valued at Over $1 Billion in Paradigm-Led Funding Round
31.3.2024
Merkle Manufactory, the company behind the decentralized social network Farcaster, is on the verge of reaching a valuation of $1 billion in its latest funding round.
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Web3 Gaming Platform Elixir Raises $14M Funding From Solana Foundation and Square Enix
28.3.2024
Web3 gaming platform Elixir Games has raised a $14 million seed funding round from Square Enix, the Solana Foundation and Shima Capital, and others.
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‘Build on Bitcoin’ Startup Secures $10M in Seed Funding to Advance Hybrid L2
28.3.2024
The layer-two (L2) initiative BOB, an acronym for ‘Build on Bitcoin,’ successfully secured $10 million during its seed funding round, led by Castle Island Ventures. The financial boost is set to advance the deployment of a Bitcoin L2 that is compatible with the Ethereum Virtual...
BOB, a 'Hybrid' Layer-2 Blockchain Mixing Bitcoin and Ethereum, Raises $10M
27.3.2024
The round was led by Castle Island Ventures and included participation from Mechanism Ventures, Bankless Ventures, CMS Ventures and UTXO Management
Gunzilla games secures $30 million in funding for blockchain-powered shooter ‘off-the-grid
27.3.2024
Gunzilla Games manages for itself the amount of $30 million through a funding round initiated by CoinFund and Blizzard Fund of Avalanche. Gunzilla Games is the builder responsible for the imminent video game Off-the-Grid”. It is a free-to-play, battle royale video game that will duly be delivered...
Layer-1 Blockchain Peaq Raises $15M to Expand Its DePIN Ecosystem
27.3.2024
Crypto market data provider Messari estimates that decentralized physical infrastructure networks could have a market value of $3.5 trillion by 2028
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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