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Crypto Billionaire Arthur Hayes and Dragonfly Lead $6 Million Funding Round for Ethena's Stablecoin and Bond Token Platform
18.7.2023
Crypto startup Ethena has successfully raised $6 million in a seed funding round led by crypto venture capital firm Dragonfly and billionaire Arthur Hayes.
The Portugal-based company intends to use the funds to launch its stablecoin and bond asset, scheduled for the third quarter of this...
Crypto VC Firm Polychain Capital Raises $200M for Fourth Fund: Fortune
18.7.2023
he crypto-focused firm has also cut three members of its research and development staff
Metaverse Startup Futureverse Raises $54M Series A From 10T Holdings, Ripple Labs: Bloomberg
18.7.2023
Futureverse formed out of the merger of eight companies in late 2022, with three more assimilated subsequently
VC Funding in Web3 Plummets 76%: Crunchbase Data
18.7.2023
In the second quarter of 2023, Web3 startups raised just over $1.8 billion, compared to $7.5 billion during the same period last year
Dragonfly, Arthur Hayes Back $6M Round for New Stablecoin, Ethena
17.7.2023
The Portugal-based startup also plans to launch a bond token built on the stablecoin platform in the third quarter of 2023
US 'dominates' crypto startup funding in Q2: Report
16.7.2023
US-based crypto startups attracted 45% of all VC funding invested in the industry, followed by the United Kingdom claiming 7.7% of capital investment and Singapore with 5.7%
XRP Pushes Past BNB to Become 4th Largest Cryptocurrency; Funding Rates Surge
14.7.2023
XRP's knocked out BNB as the 4th largest crypto by market cap, after its value surged more than 60% after a partial victory against the SEC
Get Protocol Secures $4.5 Million Funding to Disrupt Ticketing Industry with NFTs
13.7.2023
Non-fungible token (NFT) ticketing firm Get Protocol has secured $4.5 million in new funding to create an alternative to companies like Ticketmaster.
The funding was secured from investors despite a current fundraising environment described by CEO Maarten Bloemers as “absolute hell” following last...
Snoop Dogg and a16z Join $20 Million Funding Round for Web3 Music Platform Sound
13.7.2023
Web3 music platform Sound has raised $20 in Series A funding round led by Venture capitalist firm Andreessen Horowitz (a16z) and American rapper Snoop Dogg.
Actor Ashton Kutcher-led firm Sound Ventures and artist and producer Ryan Tedder also participated in the funding round.
Sound aims to help...
Binance Labs Invests $15M in Web3 Gaming Startup Xterio
13.7.2023
The capital will help Xterio add more games and artificial intelligence integrations to its platform
Alluvial acquires $12M via series A funding round
12.7.2023
Alluvial, which is a company engaged in software development, successfully managed to acquire for itself the amount of $12 million through a series A funding round. They are also into backing high-level liquid staking protocol, Liquid Collective. The funding round witnessed the contribution of...
Snoop Dogg and a16z Back Web3 Music Platform Sound’s $20M Funding Round
12.7.2023
The company aims to help artists make a living for their music by minting their songs on-chain and selling them directly to fans
Tim Draper-Backed Fund Joins $5M Series A for LunarCrush
12.7.2023
The social media analytics platform is expanding from a digital asset trading focus to allow users to search for any topic
AI-Backed Web3 Security Firm Olympix Raises $4.3M
11.7.2023
Boldstart Ventures led the round for the startup, which helps developers avoid vulnerabilities in smart contract code
Brevan Howard Joins $12M Round for Liquid Staking Protocol Alluvial
11.7.2023
Ethereal Ventures and Variant co-led the round for Alluvial, creator of the enterprise and institution-focused Liquid Collective
EU’s Metaverse Vision Focuses on Standards, Governance and Funding
11.7.2023
The EU isn’t proposing new laws but could spend hundreds of millions on research into virtual worlds
Crust Network acquires funding from DWF Labs
11.7.2023
Crust Network, which is a decentralized storage network, has managed to acquire for itself seven-figure funding from DWF Labs. Through this, it will be possible for the company to carry out its plans of furthering its framework and overall footprint in terms of the decentralized storage arena. ...
Child-Focused Egyptian Fintech Startup Secures $1.5 Million in Funding
11.7.2023
Egyptian fintech startup Masroofi recently raised $1.5 million through an investment round supported by unnamed investors. The capital raise came shortly after Masroofi’s co-founders reportedly rejected a funding offer from investors in the “Shark Tank” program. Investors Drawn...
Decentralized Fiverr and Upwork Alternative Secures $1.5 Million in Presale Funding – Next Big Thing?
10.7.2023
DeeLance is making waves in the crypto space as its native token, $DLANCE, has reached a significant milestone of $1.5 million in presale funding.
This remarkable achievement has garnered attention from retail and institutional investors, who are drawn to its potential as the next crypto asset...
Crypto Executives Stay Positive Amidst VC Funding Slump
7.7.2023
Executives in the crypto industry are still positive about the sector’s long-term prospects despite a slump in venture capital funding.
Based on numbers from the crypto data provider RootData, the second quarter of last year saw the lowest amount of funds raised by crypto firms since tracking...