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Chinese police bust $1.9B USDT underground banking racket
16.5.2024
The authorities destroyed two underground operations in Fujian and Hunan, and the police also froze 149 million yuan worth $20 million linked to the USDT banking operations
Mastercard, Standard Chartered test tokenized deposit transaction
15.5.2024
Mastercard’s Multi-Token Network enabled an atomic swap of a tokenized carbon credit for cash in a bank account
Spencer Farrar, Partner at Theory Ventures, on Web3 Venture Capital, Funding, and Strategy | Ep. 334
14.5.2024
Spencer Farrar, a Partner at Theory Ventures, discusses the recent difficulty of raising capital, how the Theory team managed it, the necessity for projects to have an edge that makes them unique and attractive to investors, the importance of thorough research and understanding the market, and...
OKX Ventures invests in Web3 ‘play ARPG to train AI’ game Blade of God X
11.5.2024
The game is currently available in early access on the Epic Games Store
Crypto Derivatives Exchange Bitmex Ventures Into Options Trading
9.5.2024
On Wednesday, the cryptocurrency exchange and derivatives trading platform Bitmex declared its introduction of new trading options. Users now have the opportunity to engage in a broad selection of crypto options, which are margined in bitcoin, USDT, or USDC. Bitmex Introduces Options Trading...
OKX Ventures invests in Wild Forest, a pioneering Web3 RTS game
8.5.2024
OKX, a well-known cryptocurrency exchange that has moved into venture capital through a subsidiary called OKX Ventures, has stepped in to back Wild Forest with a new investment. This Web3-enabled game is free and does not require a regular membership. It’s a real-time strategy game....
Asian Crypto Venture Firms Launch $128M ETF Liquidity Fund in Hong Kong
8.5.2024
Three Asian-based ventures have joined forces to launch Hong Kong's first-ever ETF liquidity fund. The fund is valued at HK$1b (about $128m), according to a statement published Wednesday.
The post Asian Crypto Venture Firms Launch $128M ETF Liquidity Fund in Hong Kong appeared first on Cryptonews
2 Bitcoin L2 Projects Secure Investments to Enhance Bitcoin’s Defi Capabilities
7.5.2024
On Tuesday, two Bitcoin-centric layer two (L2) initiatives successfully secured funding from strategic investors. Botanix Labs, a startup focused on developing a decentralized Turing-complete L2 EVM (Ethereum Virtual Machine), garnered $11.5 million. Meanwhile, the Bitcoin L2 ZKM attracted...
Crypto venture capital funding hits $1B for second straight month
6.5.2024
It is the first time since late 2022 where the industry has recorded two consecutive funding months above $1 billion
Paragraph Raises $5 Million, Acquires Web3 Blogging Platform Mirror
3.5.2024
Paragraph secures $5 million in funding round from Union Square Ventures and Coinbase Ventures to take over the stewardship of the web3 blogging platform Mirror.
The post Paragraph Raises $5 Million, Acquires Web3 Blogging Platform Mirror appeared first on Cryptonews
OKX Ventures invests in first 3D location-based game L3E7
30.4.2024
OKX Ventures, the off-shoot of OKX, a famous cryptocurrency exchange, and Web3 technology company, has disclosed its financing for the non-publicly-traded L3E7 company. L3E7 – a creative 3D game that works with the higher-level location-based services technologies (LBS). The company recently raised...
Binance Labs, Coinbase Backed Web3 Gaming Guild GuildFi Rebrands to Zentry
24.4.2024
Web3 gaming guild GuildFi that raised $140 million from Binance Labs, Coinbase Ventures, Animoca, Pantera Capital, Hashed and others, has been rebranded to Zentry.
The post Binance Labs, Coinbase Backed Web3 Gaming Guild GuildFi Rebrands to Zentry appeared first on Cryptonews
Tribe Capital-Backed Nibiru Chain Allocates Over $15M in Developer Grants
18.4.2024
Supported by HashKey and Kraken Ventures, Nibiru Chain's new $15 million grant program intends to offer financial resources to developers, with a focus on the Asian market.
The post Tribe Capital-Backed Nibiru Chain Allocates Over $15M in Developer Grants appeared first on Cryptonews
QCP Capital and Further Ventures Announce Partnership for Middle East Crypto Expansion
17.4.2024
Both companies plan to develop new institutional digital offerings, while QCP is set to open an Abu Dhabi shop
DeFi Firm Usual Labs Raises $7M Round Led by Kraken Ventures and IOSG Ventures
17.4.2024
The firm has received a commitment of $75 million in total value locked for the launch of its stablecoin USD0
P2 Ventures Commits $50M Via Hadron FC to Startup Founders in Polygon Ecosystem
17.4.2024
P2 was spun out out of Polygon Labs last year and now is allocating funds and mentorship to support project founders, including those focused on the Polygon blockchain ecosystem. A Hadron FC contributor said the community offered the right "capital and vibes."
OKX Ventures makes an investment in Privasea
17.4.2024
OKX Ventures carries out an investment in Privasea, a company that enables various players to associate without the requirement of divulging critical information, ascertaining that the data remains safe and private while the computation procedure is underway. Incidentally, Privasea is a data...
Germany’s Largest Federal Lender LBBW Ventures Into Crypto Custody, Targets Mid-2024 Launch
15.4.2024
Landesbank Baden-Württemberg (LBBW), Germany’s largest federal bank, has announced plans to offer crypto custody services later in the year. LBBW revealed its collaboration with Bitpanda, based in Austria, and stated that it will begin these services focusing on bitcoin and ethereum, the...
HTX Ventures invests in COREx for BTCFi and next-gen DEX experience
15.4.2024
HTX Ventures, the global investment division of cryptocurrency exchange HTX, has strategically invested in COREx, a decentralized exchange (DEX) that utilizes CoreDAO. COREx, a prominent product within the Core Ecosystem, is anticipated to revolutionize the domain in the era of decentralized...
DeFi-Focused Berachain Raises $100M in Funding Round Led by Brevan Howard Digital
15.4.2024
Decentralized finance (DeFi) -focused Layer 1 blockchain platform Berachain, announced it has secured $100 million in a funding round led by Brevan Howard Digital and Framework Ventures.
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