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Sui Developer Mysten Labs Raises $300 Million to Address Web3 Scalability
10.9.2022
Mysten Labs, developer of a new blockchain project called Sui, raised $300 million in its latest funding round. The round, which was led by FTX ventures, also had the support of A16z crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, and Coinbase Ventures, among others. The funds will...
Web3 Game Studio Revolving Games Raises $25M in Pantera-Led Funding Round
9.9.2022
The studio will develop decentralized games in-house and with global franchise partners
With $2․4M Fundraising in Seed Round, KNN3 Network Races to Provide a Multi-Chain Relationship Aggregating Protocol for d/App and Smart Contract
9.9.2022
PRESS RELEASE. Web3 relationship aggregator KNN3 Network announced it had raised $2.4M in a seed round led by HashGlobal and Liang Xinjun, former co-founder of Fosun International. Mask Network, MetaWeb Venture, Eniac Venture, Tess Venture, Stratified Capital, Fundamental lab, Incuba Alpha, Zeuth...
Animoca confirms $110M round led by Temasek, plans new acquisitions
8.9.2022
Singapore government-backed investor Temasek is known for crypto-related investments but is yet to do its first direct investment in crypto
Splatoon 3 Review Round-Up: Nice New Polish, Same Old Gameplay
7.9.2022
Splatoon 3 reviews are popping up now that the embargo has lifted. A cursory glance at the biggest gaming publications suggests that while Nintendo’s ink-painting shooter has some of the polish the last entry needed, it still fails to innovate on a larger scale. Specifically, according to critics...
Brazilian Cryptocurrency Exchange Mercado Bitcoin Lays Off 15% of Workforce Due to Global Economy Woes
3.9.2022
Mercado Bitcoin, one of the biggest Brazilian cryptocurrency exchanges, has announced a new wave of layoffs amidst a worsening global economic situation for fintech startups, which the exchange states is affecting innovation-based companies. The exchange laid off 15% of its workforce on September...
Kenyan Fintech Pezesha Raises $11 Million in Pre-Series a Round Backed by Cardano Blockchain Builder
2.9.2022
Pezesha, a Kenyan fintech focused on providing bridging finance to small and medium-sized enterprises, recently raised $11 million in pre-Series A debt-equity funding round. The Women’s World Banking Capital Partners II led the round in which the Cardano blockchain builder Input Output...
Second Round of Layoffs at Brazilian Crypto Unicorn 2TM
1.9.2022
2TM is the holding company for Mercado Bitcoin, Brazil’s largest crypto exchange by market valuation
NFT Collective PROOF Raises $50M in Funding Round Led by a16z
30.8.2022
The funds will help the company launch its latest Moonbirds NFT collection and a social platform for NFT collectors
Singapore State Investor Temasek to Lead $100M Funding Round in Animoca Brands: Report
30.8.2022
Singapore's state investment fund Temasek, one of the world's largest investors, is to lead a $100 million funding round into non-fungible token (NFT) and metaverse investor Animoca Brands, Bloomberg reported Monday
Singapore state investor leads $100M round for crypto firm Animoca: Report
30.8.2022
Both parties participated in a $200 million funding round for the Australian NFT Immutable in March 2022
Metaverse Startup Ready Player Me Raises $56 Million in Series B Led by Andreessen Horowitz
23.8.2022
The AI-generated avatar creation cross-platform for the metaverse, Ready Player Me, has raised $56 million in a Series B funding round led by Andreessen Horowitz (a16z). The startup’s co-founder and CEO Timmu Tõke says the funding will be used to scale the cross-platform metaverse...
CANDYDEX Starts a Mega IDO Round & Reset the Price to $0.1; Have Burned 43% of CANDYDEX tokens
22.8.2022
340k+ Account holders We build the world’s best DEX Platform with multi networks support Diverse Ecosystem: Financial Services, Exchange, and swap Experienced Team: Leaders who brought you Gate.io, Uniswap, and Convex Finance Have burnt 16% of the CandyDex Tokens as an initial move Token Audited...
Blockchain Protocol Algorand Leads $22M Investment Round in Tokenization Firm Koibanx
18.8.2022
The funds will be used by the Latin American firm to expand blockchain infrastructure and build payment rails
Crypto Investing Giant Paradigm Leads $20M Round for Fractional NFT Protocol
17.8.2022
Fractional, which allows for collective non-fungible token ownership, is rebranding as Tessera
․bit Raises $13M to Build Cross-Chain Decentralized Identity Protocol
15.8.2022
bit (did.id) has raised $13 million to build a cross-chain decentralized identity protocol. The Series A round, completed one year after the startup’s launch, was from CMB International, HashKey Capital, QingSong Fund, GSR Ventures, GGV Capital, and SNZ. .bit’s open-source blockchain protocol will...
US Venture Capital Firm Leads New Investment in Nigerian Startup Teamapt
14.8.2022
The United States-based venture capital (VC) firm, QED Investors, recently led an investment round that raised more than $50 million for the Nigerian fintech Teamapt. The investment, as well as the VC firm’s hiring of personnel tasked with spearheading its investments in Africa, seem...
ReadON Completes $2M Seed Round to Build a Decentralized Content Distribution Platform
11.8.2022
PRESS RELEASE. ReadON (readon.me), a company that aims to provide users with a brand-new content consumption experience by utilizing blockchain, completed its seed investment round of $2M led by SevenX Ventures. Other investors included HashKey Capital, Foresight Ventures, Sky9 Capital, ArkStream...
Landfill Gas Mitigation Firm Vespene Energy Secures $4.3M to Bolster Gas-to-Bitcoin Solutions
11.8.2022
On August 9, a firm that uses landfill methane to fuel bitcoin miners, Vespene Energy, announced the company has raised $4.3 million in a funding round led by Polychain Capital. Vespene aims to use the funds for its pilot in California by using landfill methane to mine bitcoin and “mitigate...
Bain Capital Leads $12M Round for Scalable Blockchain Developer RISC Zero
9.8.2022
The startup uses zero-knowledge proofs to create a developer-friendly blockchain