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Solana (SOL) & TRON (TRX) backers eye DeeStream (DST) for its potential to upend conventional streaming services
22.3.2024
The streaming market is led by Twitch and Kick, but there’s still huge growth potential. New platforms that come into the market must solve long-term problems in the streaming space to stand out in the market. In this article, we discuss a new entry into the streaming industry, DeeStream...
Initial BNB & Chainlink (LINK) backers inject substantial investments into freshly unveiled Raffle Coin (RAFF): 50x tipped as bull-run begins
18.3.2024
There’s nothing like a bull season to get the attention of investors, backers, and holders in the crypto community. Investment opportunities litter the market, but only for investors who can see a diamond in the rough. Raffle Coin (RAFF) seems to be one of these elusive diamonds,...
Crypto Billionaire Arthur Hayes and BRC-20 Creator Domo Invest in Bitcoin Ordinals Wallet Oyl’s $3M Raise
8.3.2024
BitMEX founder and American crypto billionaire Arthur Hayes joined anonymous developer Domo, creator of the Bitcoin BRC-20 token standard, in a $3 million pre-seed funding round for Bitcoin Ordinals wallet Oyl. Crypto asset manager Arca led the round. Other backers include Kanosei and FlamingoDAO....
eTukTuk (TUK) Presale Sees Hundreds of Thousands Invested as Project Backers Make The Most of High Staking Rewards
5.2.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. eTukTuk is leading the green AI revolution with its innovative and eco-friendly transportation solution. As one of the hottest crypto projects in 2024, the eTukTuk’s TUK token presale has already...
Crypto Backers B. Riley and Nomura Entangled in SEC Probe: Bloomberg
22.1.2024
Investment bank B. Riley is under an undisclosed investigation from U.S. authorities for its deals with Brian Kahn, an alleged co-conspirator in a U.S. Department of Justice criminal case
Infra Firm Set to Launch EVM That Solves Bitcoin’s Limited Use Issue, Secures $7 Million
11.1.2024
Source: AdobeStock / Syda Productions Web3 infrastructure firm Bitfinity Network has raised millions from major backers, while nearing the launch of its Ethereum Virtual Machine (EVM). Its founder talked with Cryptonews about how this EVM works to solve the issue of Bitcoin’s limited use, as well...
ZKGROK Token is up 130x in 24 Hours and This New Meme Coin SPONGEV2 is Going Viral
19.12.2023
In a sensational overnight skyrocket, ZKsync-based ZKGROK token ($ZKGROK) has exploded 130x, but as early backers take profit could this new SPONGEV2 meme coin be next? Indeed, ZKGROK’s huge pump over the past 24-hours has seen the unlikely token explode into prominence on DEX markets, with...
Early Ethereum Backers Cyber.Fund to Invest $100M in 'Cybernetic Economy'
14.12.2023
Cyber.Fund, which also backed Cosmos, Solana and Polkadot, is focused growing the "cybernetic economy," in which blockchain is the bedrock
Euro Stablecoin Startup StablR Secures €3.3 Million in Seed Funding
7.11.2023
Source: IQoncept / Adobe StablR, a euro stablecoin startup that began operating just over a year ago, has successfully raised €3.3 million ($3.5 million) in a seed funding round. The investment comes from a consortium of backers, including crypto derivatives exchange Deribit and venture firms Maven...
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...
NFT platform Recur shuts, despite $50M raise & Big Backers
21.8.2023
On Friday, Recur, a startup in the Non-Fungible Token (NFT) space, announced that it would be discontinuing its Web3 platform due to the difficulties of crypto winter. Despite having big names like Hello Kitty and Nickelodeon using its services, Recur’s platform will gradually lose certain...
OPNX CEO scolds claimed backers after they deny investing in the firm
24.4.2023
OPNX chief Leslie Lamb called out a number of venture capital firms on Twitter after some rushed to distance themselves from the company
Susquehanna, DRW Are Among Backers of Bankruptcy Claims Exchange OPNX, the Firm Tweets
21.4.2023
Other investors include U.S. options exchange MIAX Group and Saudi digital asset fund Tuwaiq, OPNX said Friday
Bankman-Fried’s Stanford-Connected Backers and the Decline of Tech Prestige
16.2.2023
Sam Bankman-Fried Appeals Judge’s Decision to Reveal Names of His $250M Bond Backers
7.2.2023
Judge Lewis Kaplan ruled early last week that the two currently unidentified people who co-signed the bond could be made public
FTX Collapse Has Rekindled Security and Reliability Concerns for Web3 Projects Says Marketing Expert
17.12.2022
The fallout from the collapse of failed crypto exchange FTX is forcing Web3 brands, and projects previously focused on managing the public’s perception, to concentrate on fighting for their very legitimacy, Laura K. Inamedinova, a Web3 marketing expert, has said. Besides just trying...
OpenSea Ventures Among Backers for $7M Round for Crypto Security Startup
18.10.2022
Web3 Builders also launched the free TrustCheck tool to verify the safety of smart contract and NFT transactions
ParaFi Capital Among Backers for Web3 Fashion and Lifestyle Platform Yoloyolo
17.10.2022
Yoloyolo, which connects NFT owners and brands to sell merchandise, raised $3.5 million in seed funding
Kickstarter Game Goes Bust Gambling On Crypto, Can't Refund Backers
19.8.2022
In 2021, at the height of the world’s collective blockchain madness, a video game called Untamed Isles—Pokemon, but with crypto stuff—made over $500,000 on Kickstarter. A year later the game is practically dead, and is so broke it can’t even refund its backers.Read more
Cross-Chain Bridge Nomad Reveals Crypto Heavyweight Backers for $22.4M Funding Round
28.7.2022
Coinbase Ventures and OpenSea were among the additional backers named for the April funding round