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Avail secures $43M in Series A for Web3 unification
4.6.2024
Avail, led by a Polygon co-founder, raises $75 million to tackle Web3 challenges like fragmentation and data availability
Polygon Spinoff Avail Raises $43M in Series A Funding
4.6.2024
The news comes three months after Avail, the data availability company, disclosed its $27 million seed funding round
Marketnode Secures Series A Funding Led by Financial Services Giant HSBC
30.5.2024
On Thursday, Singapore’s Marketnode, a digital market infrastructure operator, secured funding for its Series A financing round led by HSBC, the British multinational universal bank and financial services group. The exact amount raised during the Series A funding was not disclosed. HSBC Joins...
Bitcoin Staking Project Babylon Raises $70M Led by Paradigm
30.5.2024
The funding round included contributions from Polychain Capital and the venture arm of crypto exchange and CoinDesk parent company Bullish
Ripple's $25M donation powers Fairshake PAC's crypto advocacy in 2024
29.5.2024
Ripple is at the top of a long list of crypto industry notables supporting the super PAC
DeFi Data Firm API3 Raises $4M in Funding Round Led by DWF Labs
29.5.2024
API3, a service that provides DeFi data feeds to blockchain-based smart contracts without relying on a third party, has raised $4 million in a funding round led by DWF Labs.
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NodeOps Raises $5 Million in Seed Round to Transform Node Infrastructure
28.5.2024
NodeOps has secured $5 million in seed funding led by L1D with participation from Blockchain Founders Fund and Finality Capital to enhance and simplify blockchain node deployment and management.
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Elon Musk's xAI secures $6B in bid to rival ChatGPT by end of year
27.5.2024
Despite an eight-year headstart, xAI’s Grok could become a chatGPT competitor by the end of 2024, according to Musk
Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain
23.5.2024
Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development
Plume, Layer-2 Blockchain for Real-World Assets, Pulls $10M in Seed Funding from Haun, Galaxy
23.5.2024
Plume plans to make it possible for people to easily – and compliantly – bring real-world assets (RWAs) like real estate and collectibles onto blockchains
VCs dump $125M into new AI music platform — Can we all become beat makers?
23.5.2024
Will we all soon be able to produce high-quality beats? VC investors seem to think this is the case as millions are poured into new AI music creation platform Suno
Decentralized Social Protocol Farcaster Raises $150M in Funding Round Led by Paradigm
22.5.2024
Decentralized social media protocol Farcaster has raised $150 million in a funding round led by Paradigm with participation from venture capital fund 16z crypto, Haun, USV, Variant, Standard Crypto and more.
The post Decentralized Social Protocol Farcaster Raises $150M in Funding Round Led...
Farcaster Secures $150M in Funding, Reaches $1B Valuation With Backing From Paradigm
22.5.2024
Farcaster, a decentralized social media platform leveraging the Ethereum blockchain and Optimism’s Layer two ecosystem, has successfully raised $150 million in a funding round led by Paradigm, bringing its valuation to $1 billion. The funds will be used to sustain the project’s...
4 reasons why Bitcoin was a buy below $70K
21.5.2024
Technical chart patterns suggest that Bitcoin could see more upside momentum in the following weeks, mirroring previous bull cycles
Crypto Startup Funding Hits $2.4 Billion in Q1
20.5.2024
Crypto startup funding rose to $2.4 billion in the first quarter of 2024, driven by expectations of lower interest rates and the launch of the first U.S. bitcoin spot exchange-traded funds (ETFs), according to Pitchbook data. This funding, spread across 518 deals, marked a 40.3% increase from...
62 Crypto Projects Raise $474M in 20 Days, Led by Sophon and Securitize
20.5.2024
According to the latest data, 62 blockchain or cryptocurrency projects have collectively raised $474 million over the past 20 days of May. Leading the charge, the entertainment-focused blockchain project Sophon garnered $60 million in a node sale, with Securitize following closely, raising...
PitchBook Report: Crypto Fundraising Soars to $2.4B in Q1 2024 with Over 500 Deals
19.5.2024
The crypto market has experienced a significant surge in fundraising, reaching a whopping $2.4 billion in the first quarter of 2024, fueled by a shift in market sentiment and fresh inflows.
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Animoca Brands leads $7M funding round for Param Labs
16.5.2024
The lack of Web3 gaming infrastructure remains the biggest hurdle for mainstream adoption, according to Param Labs' CEO
Humanity Protocol Achieves Unicorn Status with $30 Million Funding, Valuation Reaches $1 Billion
16.5.2024
Humanity Protocol has achieved unicorn status following a recent funding round that raised $30 million, resulting in a valuation of $1 billion.
The post Humanity Protocol Achieves Unicorn Status with $30 Million Funding, Valuation Reaches $1 Billion appeared first on Cryptonews
Egyptian Fintech Startup Secures $3.5M in Seed Funding Round
16.5.2024
The Egyptian fintech startup Mnzl plans to enhance its lending technology and expand its operations using the $3.5 million raised in a seed funding round. Co-founder Sameh Saleh said the startup seeks to empower families by providing financial leverage and contributing to broader economic...