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Prediction Market Limitless Raises $3M in Pre-Seed Round Led by 1confirmation


PRESS RELEASE. Limitless Labs, the R&D network behind prediction market Limitless, has announced the successful closure of a pre-seed round. A total of $3M was raised in a round led by prominent venture capital firm 1confirmation, which has backing from tech veterals such as Peter Thiel, Marc...

Capstone Technology Gets $5.4M for GAYA Blockchain Project


Capstone Technology, a UAE-based blockchain and AI company has raised $5.45 million to fund the development of its GAYA blockchain project. The project aims to create a network for entrepreneurs in gaming, AI, and entertainment. Capstone Technology plans to use the funds to manage technological...

CFTC Loses Round One: Kalshi Cleared to Offer US Election Bets


A federal judge this week sided with the prediction market Kalshi’s motion for summary judgment in its legal battle with the U.S. Commodity Futures Trading Commission (CFTC). This decision opens the door for U.S. citizens to place bets on the upcoming November election. However, the ruling isn’t...

Double Jump.Tokyo Raises Over $10 Million From SBI and Sony Group


Double Jump.Tokyo, a Japan-based Web3 gaming company, has secured over $10 million in its Series D first closing led by SBI Investment. The round, which had the participation of Sony Group Corporation and others, will allow the company to continue developing blockchain games and offering related...

AI Coding Tool Cursor Raises $60 Million at a $400 Million Valuation


Cursor, an artificial intelligence (AI) company that seeks to “create a magical tool with the aim of writing all of the world’s software,” has announced it has raised $60 million in its Series A funding round. The round had the participation of Andreessen Horowitz, Thrive Capital...

Declarative Blockchain Developer Essential Secures $11M Series A Round


Essential has successfully secured $11 million in Series A funding. The round was led by Archetype, with contributions from IOSG, Spartan, Mirana, Amber Group, Maven 11, Bodhi Ventures, Big Brain Holdings, Heartcore Capital, Selini, DCLM, and Propeller Heads, and others. This funding will...

You Should Give The Order: 1886 Another Chance


On August 7, it was announced that Ready at Dawn, the studio behind Facebook’s Oculus VR series Lone Echo, was shut down. It was a tragic, senseless end to a studio with an over 20-year history. Before it was bought by Facebook in 2020, Ready at Dawn primarily worked with PlayStation. It started...

US Bitcoin ETFs Draw $44.51M in Inflows; GBTC Sees Another Round of Outflows


While U.S. spot ether exchange-traded funds (ETFs) experienced outflows on Wednesday, bitcoin ETFs saw inflows totaling $44.51 million. Blackrock’s IBIT led with gains of $65.99 million, followed by Ark Invest’s and 21shares’ ARKB with $3.29 million. While Blackrock Captures...

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