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Over 3,000 ATMs in Beijing Offer Digital Yuan Withdrawals
18.6.2021
Leading Chinese banks have introduced digital yuan withdrawals at more than 3,000 ATM locations in Beijing. Residents of the capital city will now be able to exchange their e-CNY funds for cash and vice versa. Some of the teller machines are located in a popular shopping area. Banks Launch Support...
Yield Guild Games Raises $4 Million to Power Its Play-to-Earn Proposal
17.6.2021
Yield Guild Games, an online gaming guild, has raised $4 million to power its play-to-earn proposal in a Series A funding round. The funding round was led by Bitkraft, a venture capital company specializing in e-sports investments. Other blockchain and crypto-related companies also participated....
Bitdao Collects $230 Million in Private Capital From Investors
17.6.2021
As the decentralized finance movement proves its staying power and resilience, one of the world’s largest decentralized autonomous organizations, Bitdao, has concluded a private fundraising round to promote mass adoption of open finance. DAO to Allocate Capital Towards Improving Defi...
Thailand’s XSpring Capital raises $225M to build integrated financial marketplace
17.6.2021
Thai companies and millionaires have funded the firm which aims to bridge traditional and digital finance
Venture Capitalist Tim Draper Doubles Down on His $250K by 2022 Bitcoin Price Prediction
16.6.2021
American venture capital investor Tim Draper still believes in a bitcoin price prediction he made in mid-April 2018, at the Draper University blockchain party. At the time, Draper said that he thinks bitcoin could reach $250K by 2022, and during an interview with CNBC’s Jade Scipioni this...
New DAO launches after $230M funding round including Peter Thiel, Alan Howard
16.6.2021
A new decentralized autonomous organization, BitDAO, announced its launch with a $230 million private sale and major contributions from Singapore-based Bybit
Defi Derivatives Exchange Dydx Raises $65 Million – Project Plans to ‘Launch a Mobile Application’
16.6.2021
The decentralized exchange (dex) Dydx announced the organization has raised $65 million in a Series C funding round led by Paradigm. The Dydx announcement notes that the additional capital will be leveraged to “significantly improve liquidity” on the dex platform “through...
Europe Raises 20 Unicorns This Year Including Crypto Companies
15.6.2021
Twice as many European startups have achieved unicorn status in 2021 compared to last year. Despite the negative effects of the ongoing Covid crisis, young companies on the Old Continent, including several crypto unicorns, have managed to attract a record high amount of VC capital. European...
China-based Rangers Protocol raises $63M via private equity round
14.6.2021
Rocket Protocol has been rebranded to Rangers Protocol after completing a major investment round. Pantera, Huobi Ventures Blockchain Fund and Alameda Research are among the backers
Microsoft Is Making An Xbox Mini Fridge Because Capitalism
14.6.2021
Most press conferences at E3 end with some kind of exciting, beautiful-looking, not-yet-released game developers can’t wait for you to experience.Read more
Miami stakes the claim to become the world’s Bitcoin and crypto capital
11.6.2021
Miami has a dynamic mayor, lots of VC money and is coming off the largest ever crypto extravaganza, but is that enough without legal clarity?
Stake Technologies secures $10M to build dapp ecosystem for Polkadot and Kusama
11.6.2021
The parent company of Plasm Network and Shiden Network has prioritized development initiatives centered around Polkadot and Kusama. The company received support from over a dozen venture firms and several other angel investors
Venture Capital backed DEX for Cardano - ADAX IEO is live on ExMarkets
11.6.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The Cardano-Based Decentralized Exchange has gone live on ExMarkets
The much-awaited ADAX IEO has just gone live on ExMarkets’ Launchpad, and now anyone can participate in the project. The ADAX team...
Arrington Capital to back Algorand projects with $100M growth fund
10.6.2021
“The Arrington Algorand Growth Fund represents yet another key strategic pillar in supporting the momentum of those building on top of what we think is the best technical platform for regulated DeFi and the future of finance,” said Sean Ford, COO of Algorand
Arrington Capital Launches $100M Algorand Ecosystem Fund
10.6.2021
The TechCrunch founder’s second crypto fund will bet on Algorand projects and coins. But don’t think the firm is abandoning XRP
Bitcoin part of highest risk category in Basel's new bank capital plan
10.6.2021
The Basel Committee on Banking Supervision proposed tough requirements for banks that want to hold cryptocurrencies like Bitcoin
Pantera Capital and Arrington XRP Capital lead $5.8M Unbound Finance raise
10.6.2021
Unbound Capital aims to become the first decentralized cross-chain stablecoin. The private investment round had participation from at least 14 venture funds and over a dozen angel investors from across the blockchain industry
Funding Roundup: Innovative Projects Attract Bigger Sums from Global VCs and Angel Investors
10.6.2021
Amidst the stratospheric rise of defi and heightened demand for unique and innovative solutions, the global community of angel investors and VC firms is continuously engaging in private funding rounds and token sales. The resulting flood of capital demonstrates that entrepreneurs and startups play...
$160 Billion Asset Manager Entering Crypto Market in Collaboration With Nasdaq
10.6.2021
An asset management firm with nearly $160 billion in assets under management, Victory Capital, has announced that it is entering the cryptocurrency market. The firm has established exclusive agreements with Nasdaq and asset manager Hashdex. Asset Management Firm Entering Crypto Market Victory...
Commodity Strategist Mike McGlone Says $40K BTC Target ‘More Likely’ Than $20K
9.6.2021
Bloomberg Intelligence senior commodity strategist Mike McGlone believes bitcoin is “more likely” headed for $40K instead of $20K after discussing the possibility of capitulation in a recent tweet. McGlone’s opinion follows a number of predictions that say bitcoin could drop...