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Asian Algorithmic Trading Company Amber Group Reaches Unicorn Status


Amber Group, a Hong Kong-based cryptocurrency trading company, has attained “unicorn” status. The company managed to raise $100 million in its Series B funding round. With the new influx, the company is now valued at one billion dollars, making it a unicorn. Amber Group’s strategy...

Decentralized Gaming Platform DeFi11 Eyes Expansion After $3.5M Raise


PRESS RELEASE. DeFi11, a decentralized gaming ecosystem, is introducing major changes to both revamp the platform and make it fairer to users as part of an expansion fuelled by recent funding. 17th June 2021, New Delhi, India – Fantasy sports have gained massive popularity in recent years....

Solana Aims to Raise $450 Million to Battle Ethereum Supremacy


Solana, a proof-of-stake, smart contracts-enabled currency, is aiming to raise $450 million in a funding round that was extended last March. The Solana ecosystem, which is backed by Sam Bankman-Fried, founder and CEO of derivatives exchange FTX, would use these funds to take on Ethereum supremacy...

Circle Captures $440 Million in Financing, Rumors of SPAC Deal Follow


The Boston-based cryptocurrency finance firm Circle has announced the company has raised $440 million in financing in order to “drive market expansion and growth.” The investment was led by prominent finance firms like Digital Currency Group, Fidelity Management and Research Company...

Crypto Savings Platform Ledn Raises $30 Million in Latest Funding Round


Ledn, a cryptocurrency lending and savings platform based in Canada, has managed to raise $30 million in its latest funding round. The money raised will be used to expand its offer of lending products, and to expand its reach in more countries. Ledn could take advantage of the recent problems that...

Little Green Mining Hood or the Big Bad Wolf: Musk’s Sustainability Play


Recent announcements and actions by Elon Musk surrounding bitcoin mining sustainability raise questions about the reasoning and motivations of Tesla’s Technoking. Is it possible that Musk is playing a calculated marketing game to introduce a Tesla mining solution? The World of Bitcoin Mining...

Hollywood Sign, Amy Winehouse Photo to Be Auctioned as NFTs


Non-fungible tokens can be sold to raise funds and two independent initiatives are now going to use proceeds from NFT auctions to finance charity projects. The tokens will represent one of the best known American landmarks, the Hollywood Sign, and a New York photograph of the late singer...

Square Aims to Raise USD 2B, Bitcoin's Taproot Signal Strengthens + More News


Jack Dorsey. Investments news Bitcoin (BTC) bull Jack Dorsey-led payments company Square announced its intention to offer, subject to market conditions and other factors, approximately USD 2bn aggregate principal amount of senior notes. The company said it intends to use the net proceeds from this...

Cobie Livestream Raises $800,000 in Crypto to Pay Child’s Cancer Treatment


Cobie, the host of the Uponly podcast and a popular crypto Twitter personality, bolstered a fundraising session for John Oliver, a six-year-old kid that is currently battling leukemia. The initiative was quite successful, getting the attention of the likes of FTX executive Sam Bankman Fried,...

Bitcoin Cash Argentina Runs Flipstarter to Boost Adoption in the Country


Bitcoin Cash Argentina, a nonprofit organization whose objective is to promote the use of Bitcoin Cash, has started a flipstarter campaign that seeks to raise funds to explain the use cases of this cryptocurrency in the country and boost its adoption. Argentina’s economy has been severely...

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