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Web3 Social Wallet Tribes Launches With $3.3M in Funding
23.1.2023
The crypto app startup was founded by a former Coinbase engineer
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....
FTX VCs liable to ‘serious questions’ around due diligence — CFTC Commissioner
21.1.2023
The lack of recordkeeping of FTX coupled with “an auditor no one’s ever heard of” forces the CFTC to ask questions about the mindset of the institutional investors
Former FTX US president raises $5M for new crypto software firm
20.1.2023
Brett Harrison departed FTX US roughly two months before FTX Group filed for bankruptcy, citing "cracks" in his relationship with SBF
SSV launches $50M ecosystem fund to support ETH staking tech
19.1.2023
Vitalik Buterin identified distributed validator technology, or DVT, as a key component of Ethereum’s decentralization efforts
Africa Web3 games publisher Carry1st raises $27M
17.1.2023
VC firms Bitkraft Ventures and Andreessen Horowitz participated in the funding round, which aims to advance Web3 gaming in Africa
Biden Vows to Veto House Republicans’ ‘Fair Tax Act’ Proposing Elimination of IRS
13.1.2023
Several U.S. House of Representatives Republicans have proposed legislation that would significantly decrease funding for the Internal Revenue Service (IRS). The move comes after the newly elected Speaker, Kevin McCarthy, stated that he would challenge the funding granted to the U.S. tax agency...
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
Did Sam Bankman-Fried in Effect Pay VC Firms Like Paradigm to Invest in FTX in a Circular Funding Arrangement?
11.1.2023
New revelations indicate that there were some close links between Sam Bankman-Fried, the disgraced founder of collapsed cryptocurrency exchange FTX, and some of his major backers.
According to a new report by the Financial Times, Bankman-Fried invested $20 million in a fund managed by crypto...
Sandeep Nailwal-backed Web3 accelerator launches demo day for first cohort
10.1.2023
The Web3 developer program received interest from over 1,000 projects but only 15 were selected for Cohort 0
The Easy Company secures $14.2M funding for new crypto wallet with social features
10.1.2023
The company says it wants to make it easier for users to engage with Web3 and use digital wallets
Galaxy Digital's Head of Research Sees More Venture Funding for Web3 Firms This Year
9.1.2023
The crypto-native financial-services firm found that crypto VC funding in 2022 reached its second highest year, with Web 3 and trading based platforms leading a majority of those efforts
Hackers Hit Romanian Hospital, Demand Bitcoin Ransom
5.1.2023
A hospital in Romania has been targeted in a ransomware attack with the perpetrators seeking payment in cryptocurrency to decrypt its database. The hack prevents the medical institution from reporting to the country’s health insurance fund in order to receive due funding. Botoşani...
Crypto Firm Wyre Reportedly Shuts Down After Canceled Bolt Acquisition, CEO Claims Firm Is Just ‘Scaling Back’ Operations
5.1.2023
According to several reports, Wyre, a cryptocurrency payments firm, is allegedly sunsetting its business. Wyre’s purported wind down follows Bolt, another payments company, canceling its plan to acquire Wyre in September. Wyre CEO Ioannis Giannaros, however, told Axios that the company is “still...
Fight Out Move-to-Earn Token Reaches $2.58m in Funding – Secure Your Spot in Presale at Discounted Rate
3.1.2023
London, England, Tuesday 3rd January 2023 – As people aim to become healthier and wealthier in the new year, Fight Out, a Web 3.0 health and wellness platform, is seeing a huge surge in interest.
In a little over a week, since its fundraising began, Fight Out has raised $2.58 million from hungry...
Top crypto funding stories of 2022
31.12.2022
2022 was a record-breaking year for blockchain and crypto VCs. Depending on who you ask, that's either a good thing or a bad thing
BTC price preserves $16.5K, but funding rates raise risk of new Bitcoin lows
29.12.2022
Bitcoin is fooling no one with its current behavior, with bearish takes everywhere and the yearly close just two days away
Report: Nigerian Security Agency Seeks to Arrest Central Bank Governor on Charges of Funding Terrorists
27.12.2022
The Nigerian security agency, the Department of State Services (DSS), has reportedly instructed its operatives to arrest the Central Bank of Nigeria governor Godwin Emefiele as soon as he is seen in public. The DSS is still seeking to apprehend Emefiele despite losing its bid to have a Nigerian...
Crypto Funding Plunged in 2022, but VC Head Sees Areas of Opportunity for 2023
23.12.2022
CoinFund’s David Pakman talks FTX, DeFi and the way forward
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...