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DeFi Protocol Elixir Raises $7.5M in Series A Round Led By Hack VC
19.10.2023
DeFi platform Elixir has secured $7.5 million in a Series A investment fund led by Hack Venture Capital, bringing the protocol’s valuation to $100 million.
Other participants in the round included AngelList Ventures, NGC Ventures, Bloccelerate, Hudson River Trading, Genesis Trading, and angels...
Pro-crypto lawmaker stays interim US House Speaker as frontrunner loses first round of voting
17.10.2023
Ohio Representative Jim Jordan, the Republican Party's nominee for Speaker, won the support of 200 of his colleagues in an Oct. 17 vote — below the 217 needed to hold the position
Parsec Crypto Analytics Firm Raises $4 Million in Investment Round Led by Uniswap and Billionaire Novogratz’s Galaxy Digital
12.10.2023
Pro on-chain DeFi and NFT analytics platform Parsec has secured $4 million in an investment round.
Sharing the news on X, the crypto-facing analytics platform revealed that the investment round was led by billionaire pro-crypto investor Mike Novogratz’s Galaxy Digital.
Other key investors...
Chainalysis Lays Off More Staff in New Round of Crypto Job Cuts
7.10.2023
Blockchain forensics firm Chainalysis is shedding a chunk of its workforce, the second time it’s doing so within this year. The news comes in a difficult period for the whole industry which saw a number of such moves in 2023, against the backdrop of a persistent bear market and increased regulatory...
Blackbird raises $24 million in Series A Round led by a16z
5.10.2023
Blackbird Labs has raised $24 million in Series A Round. The funding was led by a16z with the objective of revolutionizing the way in which the restaurant industry serves its loyal customers. Other participants were Bolt by QED and Amex Ventures. Moving forward, Blackbird will offer innovative ways...
IYK secures $16.8 million in a seed round led by a16z
29.9.2023
IYK, an acronym for If You Know and a shorter version of IYKYK (If You Know You Know), has said that it has secured $16.8 million in a seed round. The round was led by a16z, its alma mater. Funds raised from the seed round will now be invested to launch the IYK platform and …
a16z Crypto Leads $3.6 Million Seed Round for Decentralized Information Exchange Protocol Freatic - What Does It Do?
21.9.2023
Freatic, a decentralized information exchange protocol built by a team of developers, has secured $3.6 million from a trove of investors.
The project, as revealed by the development team, has emerged from stealth mode and is gearing up for its public launch. Leading this investment round is...
Former Andreessen Horowitz execs launch Bastion after $25M funding round
19.9.2023
The Web3 startup came out of stealth mode after a seed funding round led by a16z crypto, enabling firms to integrate web3 infrastructure into their existing enterprise technologies
Another 2 Binance US Executives Leave Crypto Exchange, Report
16.9.2023
Two more managers at Binance US are reportedly quitting amid another round of layoffs at the troubled cryptocurrency exchange. The departures come while Binance’s U.S. trading platform for digital assets is still under heightened regulatory pressure that has damaged its business. Binance US Legal...
GamePhilos Studio raises $8 million in a seed funding round
12.9.2023
GamePhilos Studio has raised $8 million in a seed funding round. It was led by Animoca and Xterio. The seed funding round saw the participation of companies and capitalists like Chain Hill Capital, SevenX Ventures, Sanctor Capital, and many more. GamePhilos Studio will now use the funds to develop...
Kenyan Fintech Startup Kotani Pay Receives $2 Million Pre-Seed Funding
8.9.2023
The Kenyan fintech startup Kotani Pay has raised $2 million in a pre-seed funding round which was led by P1 Ventures. The capital raised will be used to fund the startup’s expansion into five African countries. Felix Macharia said his firm is working with central banks, some of whom...
Bitcoin Price Stalls Round $25,000, While New Crypto Presale Bitcoin BSC Launches With Stake to Earn Rewards
5.9.2023
Tuesday, September 5th, 2023 – While the Bitcoin price stalls around $25,000, there are happier hunting grounds in the ‘Bitcoin clone’ space, where today, crypto presale Bitcoin BSC launches its stake-to-earn coin.
Although the world’s premier cryptocurrency, Bitcoin, might be struggling to hold...
Plus: new data, Sea Of Stars hits, here comes Starfield...
1.9.2023
All kinds of things to chat about, this time round
Africa-Focused Remittances Fintech Lemfi Raises $33 Million in Series A Funding Round
31.8.2023
An Africa-focused remittances platform, Lemfi, recently said it has raised $33 million in a Series A round led by Left Lane Capital. Lemfi said it will use the capital raise to “expand its product offering to the United States, Europe, the Middle East, and Asia.” Making Remittances Less...
Green Bitcoin Mining: Nodal Power Secures $13M for Landfill Gas Conversion
30.8.2023
Utah-based Nodal Power, which specializes in turning landfill gas into energy for powering bitcoin (BTC) mining hubs, recently announced a successful $13 million seed round backed by strategic investors. Bryan Black, Nodal’s CEO, stressed the technology’s “potential to make...
Dragonfly Capital Leads $3.75 Million Round for NFT Pioneer FirstMate – Crypto Funding Back?
29.8.2023
Non-fungible token (NFT) startup FirstMate has successfully raised $3.75 million for further development of a new NFT storefront builder platform.
Led by crypto-focused venture capital firm Dragonfly Capital and with participation from notable investors such as Coinbase Ventures and NextView,...
Maple secures $5 million in its recent funding round
23.8.2023
Maple has announced that it has secured $5 million in the recent funding round that was led by Blocktower Capital and Tioga Capital. It has now paved the way for Maple to utilize this fund for realizing its roadmap that leads to the achievement of long-term and short-term goals. Maple aims to...
Zetachain Raises $27 Million to Develop a ‘Chain to Manage Them All’
19.8.2023
Zetachain, a project that seeks to build one chain to interoperate with all other blockchains, announced it raised $27 million in a Series A funding round. Blockchain.com, Human Capital, Vy Capital, Sky9 Capital, and Jane Street Capital, among others, participated in the funding round. Zetachain...
Bitgo Secures $100 Million in Series C, Firm’s Valuation Climbs to $1.75 Billion
16.8.2023
The digital asset trust firm Bitgo, headquartered in Palo Alto, California, has secured $100 million in a Series C funding round. While the company remains tight-lipped about the participants in this financial endeavor, this fresh infusion of capital catapults the firm’s post-valuation...
ZetaChain raises $27M in equity round to enable chain-agnostic interoperability
16.8.2023
Participants in the round include Blockchain.com, Sky9 Capital, Jane Street Capital, VistaLabs, Human Capital, VY Capital, CMT Digital, among other investors