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Salesforce Leads $6M Round for AI-Backed Web3 Data Platform Mnemonic
14.6.2023
The startup provides actionable non-fungible token (NFT) data for enterprises and developers
AI startup by ex-Meta and Google researchers raises $113M in seed funding
14.6.2023
The company is on a hiring spree and on the lookout for researchers, software engineers and product developers in AI
Bitcoin and select altcoins show resilience even as the crypto market sell-off continues
12.6.2023
Regulatory enforcement against the crypto sector has spooked investors, but the total crypto market capitalization continues to hold above $1 trillion
DeFi Protocol Maverick Raises $9M Led by Peter Thiel's Founders Fund
12.6.2023
The round was led by Founders Fund and included contributions from Pantera Capital, Binance Labs, Coinbase Ventures and Apollo Crypto
Blockchain-Based, AI Compute Protocol Gensyn Closes $43M Series A Funding Round Led by a16z
12.6.2023
The capital infusion comes as interest in AI surges. Gensyn said it would use the money to accelerate the launch of the protocol and expand its workforce
Digital Asset Trust Firm Bitgo Sets Sights on Prime Trust Acquisition
9.6.2023
In a recent development, Bitgo, the digital asset trust firm, disclosed that it has penned a letter of intent to acquire Prime Trust, a crypto custodian based in Nevada. Should the acquisition proceed, Prime Trust would become an integral part of Bitgo’s network of regulated trust companies....
Lens Protocol raises a funding amount of $15 million
9.6.2023
Lens Protocol has successfully managed to raise for itself the amount of $15 million, in terms of funding, with the able support of Aave Companies, which is a technology-based entity that is actively involved in the development of protocols, as well as applications that integrate decentralization...
Aave-Developed Lens Protocol Raises $15M to Expand 'Social Layer' of Web3
8.6.2023
Uniswap CEO Hayden Adams, OpenSea co-founder Alex Atallah, entrepreneur Balaji Srinivasan and Polygon co-founder Sandeep Nailwal joined the round as angel investors
HyperPlay raises $12M in Series A funding round
8.6.2023
Griffin Gaming Partners and Bitkraft co-lead investors in a $12 million Series A funding round for MetaMask and Game7’s HyperPlay
Bitcoin Life Insurance Startup Raises $19M in Seed Rounds Led by Sam Altman and Gradient Ventures
7.6.2023
Meanwhile, a life insurance company that uses bitcoin, has accumulated $19 million through two seed funding rounds. The first round was led by Openai CEO Sam Altman and former Stripe executive Lachy Groom, while Google’s Gradient Ventures took charge of the second round. Crypto Startup...
Bitcoin-Denominated Life Insurance Provider Sets Up Shop With $19M Funding
6.6.2023
Meanwhile's target audience is U.S. citizens with large BTC holdings, an audience from which it has "seen a lot of early demand."
Tether initiates the first phase of billion-dollar funding
6.6.2023
Tether, which is responsible for the fintech platform, tether has initiated the first phase of billion-dollar funding that will go towards a renewable energy project in El Salvador. This is in relation to the backing, as well as furthering sustainable Bitcoin mining. The company will be making...
Binance Labs co-leads in funding Fusionist: Boost Web3 gaming
1.6.2023
Binance Labs, which is the venture capital wing of Binance, turned out to be a co-leader in a seed funding round amounting to $6.6 million towards Fusionist, which is a Web3 gaming company. This is in line with the company’s vision of backing the initial phase of Web3 gaming projects and helping...
U.S. Sen. Elizabeth Warren Calls for Shutdown of Crypto Funding for Fentanyl
31.5.2023
U.S. Sen. Elizabeth Warren (D-Mass.) cited the rampant use of cryptocurrency in the Chinese fentanyl trade during a Wednesday Senate hearing, arguing for legislation to help break that pipeline
Web3 developer Magic raises $52M in funding led by PayPal Ventures
31.5.2023
The company has raised $80 million for wallet development since its inception in 2020
PayPal Ventures Leads $52M Round for Crypto Firm Magic
31.5.2023
The startup offers non-custodial wallet infrastructure for an enterprise client list that includes Macy’s and Mattel
Crypto Infrastructure Firm Anoma Foundation Raises $25M
31.5.2023
The Swiss non-profit oversees the Anoma blockchain architecture and the layer 1 blockchain Namada
Web3 Payments Firm Transak Raises $20M
30.5.2023
The startup offers on- and off-ramps that could make it easier for new users to interact with Web3 projects
Tabi manages to obtain $10M through angel funding
30.5.2023
As per the official announcement made by the BNB Chain-based platform, Tabi, which is a non-fungible token marketplace, has successfully managed to obtain for itself the amount of $10 million through an angel funding round. The entity will be utilizing this towards the development of its gaming...
Latam Insights — Venezuelan Gold Battle Continues, Argentina Seeks Yuan Funding Extension
29.5.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic development news during the last week. In this issue, Venezuela tries to regain control of the gold stash held in London again; Argentina seeks to expand the Chinese yuan swap line; and Azteco enables...