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Sui-Based Ethos Wallet Raises $4.2M in Seed Round
26.1.2023
The underlying blockchain was developed by former Meta employees
Quicknode Raises $60 Million in Series B to ‘Fuel Blockchain Adoption’ and Expand Globally
24.1.2023
Web3 infrastructure firm Quicknode raised $60 million in a Series B funding round, according to an announcement the company made on Tuesday. The capital injection brings the company’s post-valuation to $800 million, and Quicknode says the funds will be used to “further fuel blockchain...
Microsoft Layoffs Reportedly Hit Key VR and Metaverse Teams
24.1.2023
The latest round of layoffs at Microsoft, which announced it will cut 10,000 jobs this year, has hit key teams for its VR (virtual reality) and metaverse efforts, according to reports. The company will close two projects in these areas, Altspacevr and the Mixed Reality Tool Kit, potentially...
Kenyan Fintech Kwara Raises $3 Million in Seed Extension
22.1.2023
A Kenyan fintech that digitizes credit unions, Kwara, is reported to have raised $3 million via a seed extension round that was backed by DOB Equity, Globivest, and Willard Ahdritz. The latest round brings to $7 million the amount of capital that the fintech has now raised via this funding round....
Tech Veteran-Backed Web3 Social Platform Plai Labs Raises $32M in Seed Round
19.1.2023
The company, founded by former executives of gaming company Jam City and social platform Myspace, aims to combine Web3 and AI to create a unique digital social experience
Circle Ventures Backs $4M Round for Blockchain-Based Debt Provider Obligate
19.1.2023
The startup, formerly known as FQX, lets companies raise money through debt securities
Web3 Studio Sortium Raises $7.8M in Seed Round
13.1.2023
Crypto hedge fund Arca was among the participants in the funding round
Coinbase Shutting Down Most Crypto Services in Japan After Series of Job Cuts Globally
13.1.2023
The Nasdaq-listed cryptocurrency exchange Coinbase is closing down most of its operations in Japan after announcing another round of job cuts globally. “Despite everything we’ve been through as a company and an industry, I’m still optimistic about our future and the future...
Marvel Snap’s Creator Says Players Who Snap At The Start Are Smart, Actually
12.1.2023
You know the moment. You start a game of Marvel Snap, you get ready to play your first card in the first round, and then “OOOOH SNAP!” the game blurts out: your lunatic opponent just snapped first round before the game even started. Awful behavior, right? Well, when Kotaku spoke to the game’s...
Gitcoin announces Gitcoin Alpha Round that supports 3 rounds & $1M total matching pool
12.1.2023
Gitcoin has announced Gitcoin Alpha Round with categories, namely Ethereum Infrastructure, Open Source, and Climate Solutions. The aim of the Quadratic Funding round is to support 200 grantees with a matching pool of $1 million. It will commence on January 17, 2023, and end on January 31, 2023....
Alkimiya Raises $7.2M Funding Round to Grow Cash Flow Hedging Protocol for Miners, Stakers
12.1.2023
Alkimiya, a a decentralized capital markets protocol has raised $7.2 million in funding as it seeks to attract miners and stakers wishing to hedge their cash flow as they attempt to navigate the digital asset bear market
Coinbase Announces Third Round of Layoffs, Reduces Headcount by 950 Employees
10.1.2023
Major cryptocurrency exchange Coinbase has announced its third round of layoffs amid the ongoing bear market, reducing its headcount by a total of 950 employees, or 20% of its workforce. ...
Read More: Coinbase Announces Third Round of Layoffs, Reduces Headcount by 950 Employees
Tarot Protocol becomes a part of the Round Table by Camelot
5.1.2023
Camelot has published an official blog to announce the addition of Tarot Protocol to the Round Table consisting of key Arbitrum builders. The aim is to build sustainable liquidity for its native token, $TAROT, on Arbitrum for further innovation and opportunities. The first farm goes live on January...
The Lost Land receives a $2 million amount in the seed round
28.12.2022
The Lost Land has been built and developed by Monster Labs. It happens to be a real-world defense-oriented online game. It has been successfully positioned on the GameBoy platform. The Lost land game has also generated an investment of $2 million as part of a seed round. The fundamental concept...
Swarm, Ethereum’s Storage Network, Announces Mainnet Storage Incentives and Web3PC Inception
21.12.2022
PRESS RELEASE. Swarm, the decentralised storage and communication system built on Ethereum, is announcing the mainnet release of its storage incentives programme, a mechanism to reward storage providers, which now incorporates staking. Swarm has been in development for the past five years, having...
Pods proudly complete a $5.6 Million seed round
20.12.2022
Pods, the popular DeFi company, recently announced raising over 5.6 million dollars to develop structured crypto assets products. The round had names like Framework Ventures, IOSG, 4RC, Republic, etc., as investors. Rafaella Baraldo, CEO and Founder of Pods, talked about the development. Baraldo...
Web3 Privacy Layer Aztec Raises $100 Million in Series B Funding Round to Produce an Encrypted Version of Ethereum
19.12.2022
Aztec, a Web3 privacy layer, has raised $100 million in a Series B funding round led by the Andreessen Horowitz subsidiary a16z crypto. The organization, which already offers privacy-based services for a slew of Ethereum-based apps, will now focus on constructing an encrypted version of Ethereum...
Optimism announces 2nd round funding for Retroactive Public Goods
9.12.2022
Optimism has taken to Twitter to share the news about its upcoming Retroactive Public Goods Funding round. It is tentatively scheduled to go live in February next year with the initial distribution of 10M OP. The distribution will be done among people and projects responsible for powering...
Web3 Blockchain Gaming Project Oasys Closes Strategic Funding Round With Participation of Galaxy Interactive and Nexon
6.12.2022
Oasys, a Gamefi-oriented Web3 blockchain project, has announced it has closed a strategic funding round led by Galaxy Interactive, a VC firm, and Nexon, a gaming company. The round, whose numbers were not disclosed, will allow the company to enhance its ecosystem by expanding its pool of partners...
East African Bitcoin Miner Gridless Raises $2M Seed Round
6.12.2022