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Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell
1.2.2023
The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on Wednesday after markets priced in near 100% certainty the Federal Open Market Committee (FOMC) would codify the quarter-point increase. The FOMC statement further detailed that ongoing rate increases are anticipated...
Australian Regulator Had Internally Raised Concerns on FTX
30.1.2023
56 documents published by ASIC shows that the regulator was assessing some products offered by FTX in the country
Fortune Unicorn Club (FUC), the First DIY-Mint Method NFT Project, Has Won 2 Million in Funding in the ForChain Labs’ Seed Round
27.1.2023
PRESS RELEASE. ForChain Labs was founded in April 2022 as a web 3 startup company. Meanwhile, the NFT project, Fortune Unicorn Club, was being developed. ForChain Labs has raised 2 million funds in its seed round and will use the funds to develop and operate Fortune Unicorn Club (FUC), the first...
Quicknode Raises $60 Million in Series B to ‘Fuel Blockchain Adoption’ and Expand Globally
24.1.2023
Web3 infrastructure firm Quicknode raised $60 million in a Series B funding round, according to an announcement the company made on Tuesday. The capital injection brings the company’s post-valuation to $800 million, and Quicknode says the funds will be used to “further fuel blockchain...
Kenyan Fintech Kwara Raises $3 Million in Seed Extension
22.1.2023
A Kenyan fintech that digitizes credit unions, Kwara, is reported to have raised $3 million via a seed extension round that was backed by DOB Equity, Globivest, and Willard Ahdritz. The latest round brings to $7 million the amount of capital that the fintech has now raised via this funding round....
Objections Raised Over Appointment of Sullivan & Cromwell as Debtors’ Counsel for FTX
21.1.2023
On Friday, bankruptcy judge John Dorsey approved the law firm Sullivan & Cromwell (S&C) to be appointed as the debtors’ counsel for FTX, despite an objection from Daniel Friedberg, a former FTX US compliance officer. During a Zoom presentation, Friedberg claimed there was a conflict...
Former FTX President Launches New Crypto Venture, Raises $5 Million From Leading Investors
20.1.2023
Less than a week ago, Brett Harrison, the former president of FTX US, published a 49-part Twitter thread describing his side of the story when he worked for the disgraced co-founder of FTX, Sam Bankman-Fried (SBF). On Friday, Jan. 20, 2023, Harrison revealed that his new firm, Architect, has raised...
C+Charge Crypto is Transforming EV Charging With Carbon Credit Rewards, $341K Raised – Buy in Presale Now
20.1.2023
The electric vehicle revolution is going into overdrive, with major automakers committing to electrifying their entire vehicle lineups over the coming years. From sedans to SUVs, minivans to pickup trucks and sports cars, the shift towards electric vehicles is now evident.
With advancements...
Calvaria P2E Battle Card Game Presale Is Finishing Very Soon After Almost $3m Raised – Don't Miss Out
20.1.2023
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Calvaria's native token, RIA, has raised more than $2.87 million in its presale, with only $200k left to raise before its presale ends. The presale will...
Sports NFT Firm Candy Digital Raised Over $38M Amid Founder Strife
19.1.2023
An SEC filing reveals the offering weeks after reports that Fanatics would unload its 60% stake
Calvaria is the Best Play to Earn Game Since Splinterlands And its Raised Nearly $3m in Presale - Ending Soon
17.1.2023
Calvaria: Duels of Eternity is an upcoming digital battle card game that is set to make waves in the GameFi space. The developers of Calvaria are hopeful that their new NFT-based battle card game will help spur crypto adoption rates. The play-to-earn mechanics allows players to earn rewards as they...
Bored Ape Flexes That $450M It Raised For Its Metaverse Empire With Poop Game
17.1.2023
I was forced to learn about the Bored Ape Yacht Club’s monkey poop game, so now you do, too. Dookey Dash is an upcoming game where you traverse a sewer system in pursuit of a treasure box key that a monkey shat out of his ass. I wish I was making this up. I really do.Read more
SEC Charges Genesis and Gemini — Winklevoss Says Regulator’s Lawsuit Is ‘Super Lame’
13.1.2023
The U.S. Securities and Exchange Commission (SEC) has charged crypto exchange Gemini and crypto lender Genesis Global Capital, a subsidiary of Digital Currency Group (DCG). “Through this unregistered offering, Genesis and Gemini raised billions of dollars’ worth of crypto assets from...
Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes
9.1.2023
The U.S. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to question when the central bank will cease or change course. The Fed has stated that it aims to bring inflation down to the 2% target, and the increases to the federal funds rate...
2022 in Review: ViaBTC Capital Gathers Momentum and Delivers Win-win Results
3.1.2023
PRESS RELEASE. As financial markets worldwide confront major challenges, the crypto market has remained sluggish in 2022. Meanwhile, along with the slowing global economic growth, the crypto market has also entered a prolonged bear period. Despite the continued sluggishness of crypto this year,...
Move-to-Earn Crypto FightOut Blasts Past $2.7 Million Raised in Presale – Time to Invest
23.12.2022
Over the course of 2022, there have been a range of problems for projects across the crypto space, with prices having falling significantly from their all-time highs at the end of 2021.
Nevertheless, certain areas of the industry have continued to excel, and the "move to earn" sector has exploded...
Get Exclusive Access to Crypto Signals and Trading Strategies with This New Crypto – $10.4 Million Raised Already
22.12.2022
Dash 2 Trade is an impressive new platform that provides crypto traders and investors with all of the tools that they need in order to nagiate the markets.
After the collapse of large industry players such as FTX and Celsius, there has been a growing demand for tools that can help traders...
Web3 Privacy Layer Aztec Raises $100 Million in Series B Funding Round to Produce an Encrypted Version of Ethereum
19.12.2022
Aztec, a Web3 privacy layer, has raised $100 million in a Series B funding round led by the Andreessen Horowitz subsidiary a16z crypto. The organization, which already offers privacy-based services for a slew of Ethereum-based apps, will now focus on constructing an encrypted version of Ethereum...
Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year
14.12.2022
The U.S. central bank’s Federal Open Market Committee (FOMC) convened on Wednesday and raised the federal funds rate by 50 basis points (bps). The 0.5 percentage point rise follows the four consecutive three-quarters of a point increases codified during the last few months. The FOMC’s...
Bitcoin Miner Terawulf Raises $10M in Fresh Capital to Pay Down Debt, Restructures Deal With Bitmain
13.12.2022
On Monday, Dec. 12, 2022, the Maryland-based bitcoin mining company Terawulf announced that the firm has raised $10 million in capital to pay down debts. The firm also said that it restructured a deal with Bitmain which will enable the company’s self-mining capacity to expand and fully...