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Arthur Hayes Argues for ‘Points’ System Instead of ICOs for Crypto Fundraising
9.2.2024
Due to growing regulatory challenges and concerns surrounding ICOs (Initial Coin Offerings) in the crypto industry, BitMEX CEO Arthur Hayes proposed a crypto ‘points’ system as an alternative on February 9. Hayes shared his latest idea in a blog post called ‘Points Guard,’ emphasizing...
Thailand Pushes Towards Digital Asset Hub with Introduction of VAT-Free Crypto Trading
7.2.2024
In a move to position Thailand as a leading digital asset hub, the country’s Finance Ministry has announced the exemption of value-added tax (VAT) on digital asset trading. The decision aims to promote digital assets as a new alternative tool for fundraising and drive the growth of...
Crypto Payments App Oobit Raises $25M in Series A Funding Round Led by Tether
5.2.2024
The round also included participation from Anatoly Yakovenko, the co-founder of Solana
New Binance Smart Chain Coin Raises $730,000 In Presale – Best Altcoin To Buy Now?
1.2.2024
Crypto startup eTuktuk has raised over $700,000 in its presale with its green transportation solutions, potentially emerging as one of the best altcoins to buy. Image by Kerem Goktug Kaya, DALL-E 3. A new cryptocurrency project focused on developing environmentally sustainable transportation...
dYdX Community Likely to Approve Foundation’s $30 Million Funding Proposal
30.1.2024
The dYdX tokenholders are voting on the $30 million fundraising request proposed by the dYdX Foundation, which is likely to get approved. The Foundation published a blog on Jan. 25 detailing its fundraising proposal. This proposal, if approved, will grant the Foundation $30 million in DYDX tokens...
Crypto VC Deals in 2023 Plunged 70% on Funding Constraints
25.1.2024
Crypto venture capital (VC) funding dropped 70% in 2023, securing only about $10b in deal value. That’s a drop from nearly $32b in 2022, which had nearly 90% more deals. Galaxy Digital published a report Wednesday showing venture deal activity in the crypto sector last year. It revealed...
Swiss Crypto Bank Sygnum Inches Closer to 'Unicorn' Status With $40M Raise
25.1.2024
The company said that its initial target for the funding round was $35 million
Ethereum Staking Platform Kiln Raises $17M for Global Expansion
18.1.2024
Web3 Fundraising Fell 70% Per Quarter Last Year, Female Startups Receive 6.3%: Bitget
11.1.2024
Source: AdobeStock / Rafael Henrique Cryptocurrency exchange Bitget has released a report on blockchain funding across 2022 and 2023 highlighting the latest trends including gender disparities in the present VC ecosystem. In a Jan 11 release, the exchange revealed that blockchain startups have...
High Flying Retik Finance (RETIK) Presale Stage 4 Sold Out, Total Raise Now Crosses $6.5 Million
9.1.2024
Retik Finance (RETIK) has not only captured the attention of the cryptocurrency community but has now etched its success in the annals of fundraising history. The highly anticipated Presale Stage 4 of Retik Finance has not only sold out but has propelled the project’s total funds raised...
Bitcoin ETF May Get SEC Sign-Off Today – Bitcoin Minetrix ICO Surges Past $7.5m
5.1.2024
Friday, January 5, 2023 – The Bitcoin price is hovering around the $44,000 mark in readiness for a breakout to $50,000 if and when a Bitcoin ETF is approved, possibly as early as today, while tokenized cloud-mining innovator Bitcoin Minetrix ($BTCMTX) has raised more than $7.5 million from...
Ethereum Price Pumps Above $2,300 While Meme Kombat Blasts Past $5m as Meme Coin Whales Buy Big
30.12.2023
Friday, December 28th, 2023 – Altcoins like Ethereum are hotting up and Meme Kombat is joining the party too, after raising more than $5 million to pass the 50% milestone in its ICO. As the new meme coin enters the latter half of its presale its fundraising run rate is accelerating as whales pile...
Scorpion Casino Breaks $2.2 Million Milestone as Investors Eager For Passive Income Opportunity.
15.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Scorpion Casino ($SCORP) continues to grow in popularity after crossing the $2.2 million fundraising milestone this week. Investors are eager to get positioned in this passive income project due...
Meme Coin Rebel Satoshi Smashes Through Round 1 Presale in 10 Days
12.12.2023
PRESS RELEASE. Rebel Satoshi, the meme coin on a community-driven mission to unite the silent majority and secure a $100 million market cap, has smashed through its first two fundraising rounds and attracted $500,000 since November 5th. The Early Bird Round sold out in 3 weeks with Rebels Round...
Chimpzee Intends to Save Forgotten Animals In Ukraine During Its Last Week of Fundraising – $2.5 Million Raised Already.
9.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Chimpzee recently announced its next goal is to provide financial contributions to Forgotten Animals to help neuter cats and dogs abandoned during the Ukraine War. The presale has already raised $2.5...
Bitcoin Price Prediction: BTC Dips to $43.5K , Babylon Chain Raises $18M, Kiyosaki Warns of Crash
8.12.2023
On Friday, the leading cryptocurrency Bitcoin, recently witnessed a minor retreat, touching the $43,500 mark, down by over 1% on Friday. The dip comes amidst a backdrop of significant developments, including the closure of an $18 million fundraising round by Babylon Chain aimed at bolstering...
Cogwise (COGW) Token Presale Passes $1.5 Million In Fundraising
6.12.2023
AI crypto project Cogwise’s – COGW – has surpassed $1.5 million in fundraising, bringing it closer to completing its second stage. Cogwise is a blockchain AI project that has continued to attract investors since the commencement of its presale in August 2023. Removal...
Wormhole Raises $225 Million at $2.5 Billion Valuation in 2023’s Largest Crypto Fundraise
29.11.2023
Source: Adobe Interoperable blockchain protocol Wormhole has achieved another significant milestone with a $225 million seed fund raised from a group of prominent investors in the crypto landscape. This fundraising is the largest in the Web3 ecosystem so far this year, propelling Wormhole’s...
Today in Crypto: Matr1x Gaming Platform Raises $10 Million, Bybit’s Portfolio Margin Mode Gets Spot Trading Capabilities, MapMetrics Expands to Peaq Blockchain
23.11.2023
Source: matr1x.io/games Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Investment news Matr1x, the platform facilitating the mobile shooting game Matr1x Fire within the Web3 domain, secured...
Web3 Social Company Sleek Announces $5 Million Seed Round
17.11.2023
Source: Pixabay Hong Kong-based Web3 social company Sleek has revealed a $5 million seed round, with the fundraising valuing the company at $50 million. In a press release published on Friday, the company said that it had secured funds through a Simple Agreement for Future Tokens (SAFT), granting...