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Enjinstarter Announces Successful Completion of Fundraising and Pipeline of Projects for November
31.10.2021
PRESS RELEASE. Singapore-based Enjinstarter (EJS) has completed its Token Generation Exercise (TGE), raising a total of $500,000 via a collaborative fund raising effort over 4 launchpads namely Genesis Shards, Chainboost, Starter.xyz and Enjinstarter’s own launchpad. This followed...
Web3 Infrastructure Provider Alchemy Raises $250 Million in Funding Round Led by a16z
31.10.2021
Alchemy, one of the leading infrastructure providers for blockchain and web3, has raised $250 million in its series C funding round, giving it a valuation of $3.5 billion. The round was led by a16z, which considers we are at a turning point in the web3 space. The company has multiplied its revenue...
Solana-Based Drift Protocol Raises $3.8 Million — Project Reveals Drift Alpha Ticket NFTs
27.10.2021
While the blockchain network Solana’s native token has skyrocketed in value this week jumping 31.4%, the Solana-based perpetual swap platform Drift Protocol announced it raised $3.8 million from strategic investors. At the same time, Drift announced the launch of its alpha mainnet after...
Metawars Concludes Raise With Reputable Supporters and Partners
25.10.2021
PRESS RELEASE. MetaWars, an innovative, multiplayer strategy blockchain-based game, has successfully raised $2.3 million USD from its supporting investors. MetaWars has collaborated with various investors and partners to incorporate blockchain into the emerging gaming industry and revolutionize...
Buyers shell out $7M for unseen NFT collection
25.10.2021
Participants piled $7 million into a dutch auction to win one of 50 Golden Tokens granting ownership to unminted NFTs from artist Tyler Hobbs
Label Foundation Raises $1 Million to Build Blockchain-Based Platform for the MOOC Industry
25.10.2021
PRESS RELEASE. The next-generation NFT Infrastructure – Label Foundation has announced the successful completion of its private sale round. Supported by many leading VCs and famous Grammy-winning artists, the NFT platform raised $1.0 million during the private sale that generated major...
Report: Leading South African Bank Sends Account Termination Notices to Crypto Arbitrage Traders
23.10.2021
One of South Africa’s biggest banks, Standard Bank, has reportedly sent account termination notices to clients that offer automated cryptocurrency arbitrage services. Bank’s Criteria Questioned This move, according to a Mybroadband report, has sent shockwaves through...
Cryptoeats Disappears After Raising £500K From Token Sale
22.10.2021
Cryptoeats, a company that reportedly raised 8 million in a Series A funding round to build a crypto-based Ubereats alternative, disappeared after launching its token. According to estimations, the startup might have taken more than £500K from investors after the launch of its official token...
FTX Raises $420 Million in Series B-1 — Crypto Exchange Commands $25 Billion Valuation
22.10.2021
The digital currency exchange FTX Trading Limited announced the firm has raised more than $420 million in a Series B-1 fundraise. The capital raise follows the crypto exchange’s financing round at the end of July when FTX raised $900 million. After the raise was announced on October 21,...
Chimeras Play-to-Earn Metaverse Completes Successful Funding Round
19.10.2021
PRESS RELEASE. Chimeras successfully raised over $2 million in its latest fundraising round, which will help to fund the play-to-earn project’s market and product development. October 18th, 2021 – The Chimeras Play-to-Earn metaverse project has completed its funding round with...
Crypto Firm Owners Plead Guilty to Tax Evasion, Face up to 5 Years in Prison
14.10.2021
The owners of a cryptocurrency firm that raised approximately $24 million from more than 13,000 investors have pleaded guilty to tax evasion. “These crypto-savvy defendants exploited an emerging technology, lying to their investors, pocketing the proceeds, and concealing the income from...
Blockchain Intelligence Company Elliptic Raises $60 Million — Evolution Equity Partners, Softbank Bolster Series C
12.10.2021
On Monday, the blockchain intelligence firm Elliptic announced the company has raised $60 million in a Series C financing round. Elliptic plans to leverage the capital to expand the team and “accelerate” blockchain research and development (R&D). Elliptic Raises $60 Million...
Start-up Raises $2 Million to Pioneer Cryptocurrency Usage in Francophone Africa
10.10.2021
A Cameroonian fintech start-up, Ejara, has raised $2 million to pioneer the usage of crypto and investment services in French-speaking African countries. Coinshares Ventures and Anthemis Group led the funding round in which they were joined by Mercy Corps Ventures, Lateral Capital, Lofty...
Bitwage Raises $1.5 Million in Latest Funding Round
5.10.2021
Bitwage, the pioneer cryptocurrency-based payroll and invoicing company, has raised $1.5 million in its latest funding round. The funding round had participation from Draper Associates and Max Keiser’s Heisenberg Capital, using Bnktothefuture, a platform designed for making online...
Kyrgyzstan Raises Electricity Rates for Cryptocurrency Miners
3.10.2021
The government of Kyrgyzstan has recently revised its electricity tariffs for various groups of consumers. Authorities in Bishkek have raised the rates at which crypto mining businesses buy power citing the energy-intensive nature of the coin minting process. Crypto Miners in Kyrgyzstan to Pay More...
Blockchain Startup Triall Introduces a Tokenized Ecosystem to Speed Up and Improve Medical Research
28.9.2021
PRESS RELEASE. Triall launches its main utility token TRL on Uniswap following a successful token pre-sale that raised more than 2 million USD. AMSTERDAM, Sept 28, 2021 – Blockchain startup Triall launched its main utility token TRL in an initial DEX offering (IDO) on Uniswap at 13:00...
Crypto recovers on positive Fed and Evergrande news, then drops amid China FUD; Sorare and Dapper Labs raised a combined $930M: Hodler’s Digest, Sept. 19-25
25.9.2021
Infrastructure Provider Blockdaemon Raises $155 Million With Participation of Goldman Sachs
23.9.2021
Blockdaemon, a blockchain infrastructure provider, has raised $155 million in its Series B funding round, which will aid its expansion plans to make acquisitions in the crypto infrastructure market. The funding round had the participation of Goldman Sachs, Softbank Vision Fund 2, Matrix Capital...
Solana-Powered Defi Platform Orca Raises $18 Million — AMM Commands Over $300 Million TVL
23.9.2021
The decentralized exchange (dex) platform Orca has announced the platform has raised $18 million in a Series A financing round with Polychain, Placeholder, and Three Arrows co-leading the funding. The dex platform is a Solana-based project that aims to be the “go-to swap” platform...
Genesis Digital Assets Reveals $431 Million Capital Raise — Mining Firm Aims for 1.4 Gigawatts by 2023
23.9.2021
On Tuesday, the bitcoin mining firm Genesis Digital Assets announced the firm raised $431 million from strategic investors. The mining company Genesis detailed that Paradigm led the multi-million-dollar funding round and one of the firm’s co-founders has joined Genesis’s board...