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Star Atlas forms a joint venture with MetaGravity
20.7.2023
Star Atlas initiated a joint venture with MetaGravity, in order to break all the shackles and limitations associated with the gaming industry. With the help of the new-age technology that is with MetaGravity, Star Atlas intends to bring out the first game, which will accommodate a massive number...
Crypto VC Investor Shima Capital Struggles to Establish Long-Term Partnership with Independent Auditor
19.7.2023
Shima Capital, a prominent venture fund in the crypto sector, has encountered challenges when seeking for a long-term independent auditor.
The VC firm, which has raised $200 million for its debut fund and invested in nearly 200 startups, has not undergone a formal audit since its launch in 2021...
Web3 VC Funding Takes a Nosedive: Crunchbase Data Shows 76% Drop
19.7.2023
Funding of Web3 firms from venture capitalists has dropped 76% in the second quarter this year as compared to the same quarter in 2022, Crunchbase data revealed.
Web3 firms raised just over $1.8 billion in the second quarter of 2023 as compared to $7.5 billion during the same period last year. ...
Venture Capital Firm CoinFund Raises $158 Million to Drive Innovation in Early-Stage Crypto and AI Companies
19.7.2023
The crypto-focused venture capital firm CoinFund has closed a fundraising round for its latest VC fund, the CoinFund Seed IV Fund, after raising $158 million from investors.
The investors in the new fund are a combination of family offices, institutional investors and high-net worth individuals...
Polychain Capital, Coinfund raise $350M for new crypto funds: Report
19.7.2023
Polychain Capital raised $200M for its newest fund while Coinfund raised a better-than-expected $152 million
Crypto VC Firm Polychain Capital Raises $200M for Fourth Fund: Fortune
18.7.2023
he crypto-focused firm has also cut three members of its research and development staff
Web3 VC Shima Capital Didn’t Slow Strategy for Crypto Winter
13.7.2023
The investor in early-stage crypto companies has remained one of the most active investors in the space despite a bear market and the collapses of FTX and three banks
Vitalik Calls Out ‘Centralized World’ Stifling Crypto Innovation, Tim Draper Adjusts BTC Price Prediction, and More — Week in Review
9.7.2023
“The real competition is not other chains, it’s the rapidly expanding centralized world that is imposing itself on us as we speak.” So says Ethereum co-founder Vitalik Buterin addressing the current volatile regulatory realities in crypto. In other news, venture capitalist Tim Draper...
Former FTX US CEO New Venture: Architect – AI-Based Trading Platform for Crypto
6.7.2023
The former President of the now defunct FTX.US is starting another crypto trading platform – and he plans to imbue it with artificial intelligence (AI)....
Read More: Former FTX US CEO New Venture: Architect – AI-Based Trading Platform for Crypto
What is the ZK industry up to? Rollups, multichain bridges and VCs
6.7.2023
As an emerging technology, how can zero-knowledge proofs remedy many issues across the crypto space?
Former FTX US CEO’s New Venture Is Seeking to Harness AI for Crypto Trading
5.7.2023
Brett Harrison’s new firm, Architect, aims to be an one-stop platform for institutional-grade crypto trading
LBank Labs Launches $10 Million MEME Special Fund, Aiming to Nurture High-Quality Early-Stage Innovation Projects
4.7.2023
PRESS RELEASE. LBank Labs, the venture capital arm of the global exchange LBank, has today announced the establishment of a $10 Million MEME Special Fund. The move is intended to encourage high-quality early-stage innovative MEME projects, foster industry growth, and give back to the wider...
Venture capital's ICO gambits left Bitcoin ecosystem underfunded - Adam Back
4.7.2023
Venture capitalists have favoured ICOs in recent years, but Bitcoin-related startups are seeing renewed interest from investors
Dappradar: Metaverse Projects Command 43.68% of the Web3 Investments in 2023
4.7.2023
While metaverse and virtual world projects have nosedived, a recent report of Dappradar, a Web3 tracking site, has revealed that venture capital firms have invested $707 million in these projects since the start of 2023. This means that, even when the metaverse narrative was substituted by meme...
Tim Draper Adjusts Timeframe for His $250K Bitcoin Price Forecast
3.7.2023
Venture capitalist Tim Draper has adjusted his projected timeframe for bitcoin’s price to reach $250,000. Maintaining an optimistic outlook, Draper still expects the world’s largest cryptocurrency to reach his predicted price target but acknowledged that it may take “a little...
Crypto VC is struggling only from a North American perspective — Animoca Brands CEO
30.6.2023
Speaking with Cointelegraph at the Collision Conference, in Toronto, crypto veteran Yat Siu outlined how crypto firms can cope with unique environments, stressing that it is not "as bad as it sounds"
Crypto offers Africans a ‘lifeline’ from inflation and corruption, say execs
30.6.2023
Chris Maurice, founder and CEO of crypto exchange Yellow Card said in Africa, crypto isn't the "casino" that it can sometimes feel like in the West
Report: FTX Management Seeks Investors to Revive Defunct Crypto Exchange; Exchange Token FTT Surges
29.6.2023
FTX management is actively seeking potential participants to revive the formerly defunct crypto exchange, as reported by sources knowledgeable about the situation. CEO John J. Ray III and other FTX executives have reportedly engaged in preliminary discussions with prospective investors, who could...
Mind Network Secures $2․5 Million in Initial Funding From Binance Labs and Other Prominent Venture Capitalists
29.6.2023
PRESS RELEASE. Mind Network, an innovative platform leading the way in data security and privacy within the Web3 ecosystem, is delighted to announce the successful completion of its initial funding round, raising $2.5 million. Binance Labs, Comma3 Ventures, SevenX Ventures, HashKey Capital,...
Silicon Valley: The Mecca for Venture Capital May Be Cooling on Crypto
27.6.2023
The storied birthplace of the U.S. tech industry is dripping with talent and money. But crypto founders who live in the No. 8 spot on CoinDesk’s Crypto Hubs 2023 list say that Web3 is losing ground to artificial intelligence in the race to capture the Valley's wallets and minds