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Blockchain.com Raises $110 Million in Series E Round Led by Kingsway
16.11.2023
Blockchain.com, a cryptocurrency enterprise offering a digital asset exchange, a blockchain explorer, and a non-custodial wallet, has recently secured $110 million in a Series E funding round spearheaded by Kingsway. Despite this successful funding round, Blockchain.com’s post-valuation...
Futures Funding Rates Normalize After Crypto Surge Forced Traders to Pay High Fees to Maintain Long Positions
15.11.2023
Image Source: Pexels Funding rates on major token futures have started to return to normal levels after recent rally forced traders to pay unusually high fees to sustain their long positions. Amid the recent surge in crypto prices, open interest in futures skyrocketed to over $35 billion, according...
Crypto Futures Funding Rates Normalize After Bitcoin Drops to $35.6K
15.11.2023
Large movements in spot markets led to open interest surging to $35 billion over the weekend, indicating highly leveraged bets from traders hoping for even higher prices
Blockchain.com Receives $110 Million in Series E Funding Led by Kingsway Capital
15.11.2023
Source: Blockchain.com The crypto exchange Blockchain.com has successfully raised $110 million in its latest Series E funding round. This substantial financial boost was led by Kingsway Capital, a UK-based investment management firm. Alongside Kingsway Capital, the Series E round saw participation...
Blockchain.com $110M funding round halves its 2022 valuation: Report
15.11.2023
Despite new investment in the crypto exchange, Blockchain.com’s valuation has more than halved from its $14 billion peak
Foresight Ventures Acquires Majority Stake in The Block
14.11.2023
Foresight Ventures, a Singaporean Web3 VC firm, has announced it acquired a majority stake in The Block, a cryptocurrency-focused news outlet. The deal, which values The Block at around $70 million, will allow the news platform to purchase the stake belonging to former CEO Mike McCaffrey, who...
K-pop Agency Modhaus Announces $8 Million Series A Investment
14.11.2023
Source: Pixabay A South Korean blockchain-based K-pop startup has raised $8 million in its series A funding round. Modhaus announced in a statement today that the series A funding round has pushed their total fundraising to $12 million overall. The funding round was led by U.S. investment firm...
Don’t Miss: Bitcoin Minetrix Nears $4M Raised As Bitcoin Rally Fuels Surge in Bitcoin Mining Activity – Just 2 Days Until $BTCMTX Price Increase!
14.11.2023
Tuesday, November 14, 2023 – As Bitcoin (BTC) price finds its feet above $36k, market interest in Bitcoin mining is hitting all-time highs, fuelling an explosion in the Bitcoin Minetrix presale as retail investors race to participate in Bitcoin Cloud Mining. A huge influx of funding into...
Owner of Hong Kong crypto exchange OSL secures $90M investment
14.11.2023
BC Technology Group, the operator of Hong Kong’s publicly listed crypto exchange OSL, has raised $90 million in subscriptions for new shares from BGX
Goldman Sachs leads $95M funding round for blockchain payment firm Fnality — Report
14.11.2023
With $158 million of total capital raised since 2019, Fnality plans to launch the Sterling Fnality Payment System in 2023, subject to approval by the Bank of England
Fnality Receives $95 Million Investment Led by Goldman Sachs, BNP Paribas
14.11.2023
Fnality International, a company specializing in tokenized cash solutions on blockchain, has secured a substantial investment of $95.2 million, according to Bloomberg. The funding round was spearheaded by prominent financial institutions Goldman Sachs and BNP Paribas. Fnality’s Growth Journey...
Latam Insights: Unlicensed Crypto Exchanges Still Allowed to Operate in Brazil, Lightning Strikes Salvadoran Bitcoin ATMs
14.11.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Central Bank of Brazil confirms that unlicensed exchanges can still operate in the country; El Salvador will integrate Lightning Network transactions...
Asia Fund Picks Up Majority Stake in The Block, Buys Out Shares Tied to Sam Bankman-Fried Loan
13.11.2023
Singaporean venture capital firm Foresight Ventures has bought a majority stake in The Block, with the crypto media outlet being valued at $70 million
Is It Too Late to Buy Celestia? TIA Airdrop Token Reaches New All-Time High as Viral Meme Coin Attracts $1.6 Million in Funding
13.11.2023
New modular blockchain token Celestia has broken out in an ascendant upwards trading channel, as TIA airdrop captures market interest, but is it too late to buy Celestia? Launched on just October 31, the TIA airdrop has already undertaken an alluring +87.7% climb since its highly anticipated...
Funding rates echo $69K BTC price — 5 things to know in Bitcoin this week
13.11.2023
Bitcoin funding rates are in classic bull market territory, but can BTC price upside sustain as macro volatility triggers line up?
Standard Chartered’s SC Ventures Partners With SBI to Establish Digital Asset Joint Venture in UAE
11.11.2023
Standard Chartered’s ventures arm, SC Ventures, and Japanese conglomerate SBI Holdings are collaborating to establish a digital asset joint venture in the United Arab Emirates (UAE). “The joint venture will focus on investing in companies across the digital assets spectrum including...
Solana price hits a new 2023 high — What’s behind the SOL rally
10.11.2023
SOL hit its highest price since May 2022, possibly due to an uptick in DApp use and a few other key factors
Maven 11 Targets $100 Million in Funding for Third Crypto Venture Fund
10.11.2023
Source: Adobe / Sutthiphong Amsterdam-based crypto venture capital firm Maven 11 has unveiled its third fund with a goal of securing $100 million. This research-driven fund will aim to invest in early-stage crypto projects that align with Maven 11’s mission to “redefine...
Polygon Labs Launches $90 Million Fund to Fuel Ecosystem Growth
10.11.2023
Polygon. Source: Adobe / Mahoa Creative Polygon’s development team Polygon Labs is reigniting network growth through a relaunched grant program featuring over $90 million in funding for aspiring Web3 founders. Per a blog post from the company on Thursday, the “Polygon Village 2.0” grant program...
As PEPE2 Dumps After 1,000% Move, But This Audited Bitcoin Project Has Secured $200,000 in Funding – 100x Potential?
10.11.2023
As copycat tokens rise on DEX markets, the latest spin-off PEPE2 token has undertaken a +1,000% move, yet, amid the surge a breakout, warning signs reveal a potential scam, while safer Bitcoin project is capturing the attention of traders. Recent months have seen a huge trend in explosive...