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Sapien AI Raises $5M for Blockchain Data Labeling Platform
10.4.2024
Artificial intelligence firm Sapien AI has raised $5 million in a seed funding round with participation from Primitive Ventures, Animoca Ventures, Ravikant Capital, and Yield Guild Games.
The post Sapien AI Raises $5M for Blockchain Data Labeling Platform appeared first on Cryptonews
Senator Tim Scott Calls Crypto A “Scapegoat” For Illicit Finance Concerns in Crucial Remarks During Crypto Hearing
9.4.2024
Senator Tim Scott (R-SC) grilled Deputy Secretary of the Department of the Treasury Adewale O. Adeyemo over his focus on cryptocurrencies regarding unlawful crypto funding, saying it seemed like a "scapegoat" from his administration in lieu of focusing on the entire illicit finance ecosystem....
Blockchain Developer Monad Labs Raises $225M Led by Paradigm
9.4.2024
The company is looking to offer an Ethereum-compatible environment that's faster than the original
Crypto VC Firm Polychain Tops Up AI Platform Ritual's $25M Funding Round With 'Multimillion Dollar' Investment
8.4.2024
Blockchain firms are attempting to address concerns that Big Tech giants like Microsoft, Meta and Alphabet will build an artificial-intelligence oligarchy
Crypto M&A Deals up 22% in Q1 2024 From Previous Quarter, Says Advisory Firm
8.4.2024
The latest mergers and acquisitions (M&A) and financing activities in the cryptocurrency sector through the first quarter of 2024 are up 22%, according to a new research note from Architect Partners.
The post Crypto M&A Deals up 22% in Q1 2024 From Previous Quarter, Says Advisory Firm...
Crypto VC Funding Surges in Q1 2024, Breaking 2-Year Downtrend
5.4.2024
Venture capital (VC) funding in the crypto space has experienced a surge in the first quarter of 2024, breaking a two-year downtrend.
The post Crypto VC Funding Surges in Q1 2024, Breaking 2-Year Downtrend appeared first on Cryptonews
Ellipsis Labs Raises $20 Million in Series A Funding Led by Paradigm for DeFi Expansion
5.4.2024
Ellipsis Labs, a prominent player in the crypto exchange sector, has secured $20 million in Series A funding, with Paradigm taking the lead in the investment round.
The post Ellipsis Labs Raises $20 Million in Series A Funding Led by Paradigm for DeFi Expansion appeared first on Cryptonews
Near Record High Funding Rate Suggests Bitcoin Pullback Not Over
4.4.2024
Though modestly higher today, bitcoin remains lower by about 8% from its record high hit two weeks ago
Nick Van Eck’s Agora Stablecoin Raises $12 Million in Seed Funding Led by Dragonfly
3.4.2024
Agora, co-founded by Nick Van Eck, garners $12 million in funding to introduce a stablecoin targeting international markets, while bypassing U.S. users until federal legislation evolves.
The post Nick Van Eck’s Agora Stablecoin Raises $12 Million in Seed Funding Led by Dragonfly appeared...
Crypto Venture Capital Firm Paradigm Looking to Raise Up to $850M for New Fund: Bloomberg
2.4.2024
The VC is looking to raise between $750 million and $850 million, Bloomberg reported citing source familiar
As ‘SNAPCAT’ Goes Viral on Solana and This Dogecoin Rival Just Secured $10 Million in Funding
2.4.2024
Bitcoin kicked off April with a tumble, yet Solana meme coin markets remain supercharged. In the latest development, SNAPCAT price has exploded after going viral, but retail investors are already shifting their attention to the next big launch. This article will analyze SNAPCAT’s current...
Andreessen Horowitz (a16z) Allocates $30M Funding for Gaming Startups
2.4.2024
Silicon Valley-based venture capital firm Andreessen Horowitz (a16z) founded by Marc Andreessen and Ben Horowitz is investing $30 million in gaming startups in the next 45 days.
The post Andreessen Horowitz (a16z) Allocates $30M Funding for Gaming Startups appeared first on Cryptonews
Farcaster Parent Company Valued at Over $1 Billion in Paradigm-Led Funding Round
31.3.2024
Merkle Manufactory, the company behind the decentralized social network Farcaster, is on the verge of reaching a valuation of $1 billion in its latest funding round.
The post Farcaster Parent Company Valued at Over $1 Billion in Paradigm-Led Funding Round appeared first on Cryptonews
Web3 Gaming Platform Elixir Raises $14M Funding From Solana Foundation and Square Enix
28.3.2024
Web3 gaming platform Elixir Games has raised a $14 million seed funding round from Square Enix, the Solana Foundation and Shima Capital, and others.
The post Web3 Gaming Platform Elixir Raises $14M Funding From Solana Foundation and Square Enix appeared first on Cryptonews
‘Build on Bitcoin’ Startup Secures $10M in Seed Funding to Advance Hybrid L2
28.3.2024
The layer-two (L2) initiative BOB, an acronym for ‘Build on Bitcoin,’ successfully secured $10 million during its seed funding round, led by Castle Island Ventures. The financial boost is set to advance the deployment of a Bitcoin L2 that is compatible with the Ethereum Virtual...
BOB, a 'Hybrid' Layer-2 Blockchain Mixing Bitcoin and Ethereum, Raises $10M
27.3.2024
The round was led by Castle Island Ventures and included participation from Mechanism Ventures, Bankless Ventures, CMS Ventures and UTXO Management
Gunzilla games secures $30 million in funding for blockchain-powered shooter ‘off-the-grid
27.3.2024
Gunzilla Games manages for itself the amount of $30 million through a funding round initiated by CoinFund and Blizzard Fund of Avalanche. Gunzilla Games is the builder responsible for the imminent video game Off-the-Grid”. It is a free-to-play, battle royale video game that will duly be delivered...
Layer-1 Blockchain Peaq Raises $15M to Expand Its DePIN Ecosystem
27.3.2024
Crypto market data provider Messari estimates that decentralized physical infrastructure networks could have a market value of $3.5 trillion by 2028
Gaming Firm Illuvium Raises $12M Funding Led by King River Capital, Arrington and Animoca
27.3.2024
Blockchain gaming firm Illuvium has raised $12 million in a series A funding round with contributions from investors such as Australian venture capital firm King River Capital, Arrington Capital and Animoca Ventures.
The post Gaming Firm Illuvium Raises $12M Funding Led by King River Capital...
U.S. Sanctions Hezbollah Crypto Operator Linked to Terrorist Funding
26.3.2024
A hawala operator who worked with agents from Hezbollah on cryptocurrency funding infrastructure has been sanctioned by the U.S. Treasury’s Office of Foreign Assets Control (OFAC), the federal agency announced Tuesday. Tawfiq Muhammad Said Al-Law is accused of providing digital wallets to...