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Investment DAO Hydra Ventures Raises $10M to Fund Other DAOs
29.3.2023
Web3 investors such as 1kx, ConsenSys, Collab+Currency, Wicklow Capital and Seed Club were among firms joining the investment round
Staking Protocol EigenLayer Raises $50M Amid Crypto Winter
28.3.2023
Blockchain Capital led the round for the solution that allows Ethereum stakers to reuse those tokens
Paradigm Leads $7M Round for Optimism-Based Startup Conduit
28.3.2023
The newly announced startup will help developers launch Optimism-based applications
Animoca Brands cuts metaverse fund target to $800M: Report
24.3.2023
The company announced in November 2022 that it was working on a new Animoca Capital fund with a target of $2 billion but then halved that target in January 2023
Radix Tokens Raises $10M Ahead of Introducing Smart Contract Capability
23.3.2023
The funding round was led by market maker and investment firm DWF Labs and gives the firm a valuation of $400 million
German Government Invests $1.2 Million in Metaverse Startup Flying Sheep Studios
23.3.2023
The German government has allocated $1.2 million in funding for a metaverse game being developed by Flying Sheep Studios. The company, based in Cologne, will use the funds for the development of a game called Star Life, which will also include blockchain elements in the form of non-fungible tokens...
European Crypto Startups Raised Record $5.7B in VC Funding in 2022
22.3.2023
A new report from crypto VC firm RockawayX and startup data provider Dealroom showed strength in the region despite the crypto winter
Immersion Cooling Firm LiquidStack Secures Series B Funding to Build Manufacturing in U.S.
22.3.2023
The company can reduce the carbon footprint, land and water use of bitcoin miners through its technology
CCP Games secures $40M funding for upcoming Web3 game
21.3.2023
The financing was led by venture capital firm Andreessen Horowitz, with participation from Makers Fund, BITKRAFT, Kingsway Capital and HASHED, among others
'Alternative Internet' Builder Tomi Raises $40M to Attract Content Creators
21.3.2023
Tomi's aim is to "kick off a clean slate for the internet," using its DAO governance model to promote freedom of speech and access to uncensored information
A16z Leads $40M Funding Round for CCP Games
21.3.2023
The studio behind Eve Online is planning a blockchain-backed title
White House Says Biden Has ‘Confidence’ in Fed Chair Powell While Fedwatch Tool Predicts a 25bps Hike This Week
21.3.2023
With the Federal Open Market Committee convening on Wednesday and the recent financial troubles facing the U.S. banking system, White House press secretary Karine Jean-Pierre said President Joe Biden has “confidence” in Federal Reserve chair Jerome Powell. Meanwhile, according to...
First Mover Asia: Crypto VC Funding Was Resilient in the Bear Market. It’s Now Powering Through This Mini-Bull Cycle
21.3.2023
A Crypto Rank team of analysts wrote that “despite the inherent volatility of the cryptocurrency market, venture capitalists…continue to pour significant investments into the industry.”
Several Major Central Banks Take Coordinated Action to Boost Liquidity Amidst Banking Crisis
20.3.2023
On Sunday evening, March 19, 2023, at 5:00 p.m. Eastern Time, the U.S. Federal Reserve, along with several central banks including the Bank of England, Bank of Canada, Bank of Japan, the European Central Bank, and the Swiss National Bank, announced a coordinated action to enhance the provision...
Fed, central banks enhance ‘swap lines’ to combat banking crisis
20.3.2023
Currency swap lines have been used during times of crisis in the past, such as the 2008 global financial crisis and the 2020 coronavirus pandemic
‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change
17.3.2023
At around 7:30 a.m. ET, the price of bitcoin skyrocketed past the $27,000 range to a high of $27,025 per unit. Precious metals, or PMs, like gold and silver, also rose between 1.98% and 2.12% against the U.S. dollar over the past day. While many market observers are wondering why specific assets...
Africa-Focused Venture Capital Firm Echovc Launches Blockchain Fund
17.3.2023
The Africa-focused venture capital (VC) firm, Echovc, has launched a fund that seeks to support blockchain startups on the continent. While global blockchain funding has been on a decline over the past year, Echovc founder Eghosa Omoigui claimed that investing now enables the VC to get in “at...
Nuqtah completes first seed funding round led by Animoca Brands
16.3.2023
Nuqtah, the first NFT marketplace in Saudi Arabia, completed its first seed funding round. The round was led by Animoca Brands, with participation from Polygon and several local investors. The funds collected from the seeding round will be utilized to scale Nuqtah’s business in the upcoming...
Payments Processor Stripe Secures $6.5B in Funding at $50B Valuation
16.3.2023
Stripe's valuation has fallen about 47% from its 2021 fund raise of $95 billion
VC-Backed NFT Social Platform Metalink Launches Mobile App
15.3.2023
Backed by notable Web3 figures like Guy Oseary, Gary Vaynerchuck and Moonpay CEO Ivan Soto-Wright, Metalink aims to be the first mobile platform where NFT collectors can talk, track and transact