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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...
Blockchain VC funding surpasses 2021 total despite declining since May
20.12.2022
After a tumultuous year in crypto, investors are now more selective with their funding
Axelar officially raises $60M seed funding for future Web3 leaders
20.12.2022
Axelar, which happens to be a prime entity related to infrastructure projects which offer safe and secure interchain communication, has officially announced putting aside an amount of $60 million in the form of funding. However, this has been done through the Axelar Ecosystem Startup Funding...
FTX warns it will claw back political donations and contributions
20.12.2022
The exchange warned those who received payments from FTX or its former executives that it's looking to recover funds even if they were donated to charity
Polychain Leads $7M Funding for Hardware Wallet Developer Foundation Devices
19.12.2022
The Bitcoin-focused startup offers the Passport hardware wallet and Envoy mobile app
Web3 Privacy Layer Aztec Raises $100 Million in Series B Funding Round to Produce an Encrypted Version of Ethereum
19.12.2022
Aztec, a Web3 privacy layer, has raised $100 million in a Series B funding round led by the Andreessen Horowitz subsidiary a16z crypto. The organization, which already offers privacy-based services for a slew of Ethereum-based apps, will now focus on constructing an encrypted version of Ethereum...
Bitvavo to prefund locked DCG assets worth $296.7M amid liquidity crisis
17.12.2022
The Digital Currency Group and its affiliates (DCG) cited liquidity problems as it suspended repayments, temporarily halting users from withdrawing their funds
Democrats to reportedly return over $1M of SBF's funding to FTX victims
17.12.2022
Three democratic committees, the DNC, the DSCC and the DCCC, pledged to return SBF’s political donations after the entrepreneur was charged with eight counts of financial crimes
Total crypto market cap takes another hit, but traders remain neutral
16.12.2022
The total crypto market cap is at risk of falling below $825 billion, but data shows traders actively adding to their longs and shorts
Ren DAO to plan on minting new funding tokens
16.12.2022
Ren DAO, at present, is deliberating on whether to go in for the minting of fresh funding tokens following the collapse of Alameda. According to their belief and understanding, with the aid of these minted tokens, the Ren Foundation can then duly take advantage of the situation and arrive at...
Amber Group raises $300M to recover from FTX contagion
16.12.2022
The new funding from Fenbushi aims to help Amber address some of the “significant drawdowns” as an aftermath of the FTX default
The VC-dominated crypto funding model needs a reboot
15.12.2022
Venture capital firms have a tendency to dump tokens and collapse prices. Community-based funding models could fix the problem
Jack Dorsey Gives Decentralized Social Network Nostr 14 BTC in Funding
15.12.2022
The former Twitter CEO has donated roughly 14 BTC worth $245,000 to fund Nostr's development, after recently publishing his views on a native internet protocol for social media
Aztec Network secures $100 million in Series B funding led by a16z
15.12.2022
With the funds, Aztec Network plans to hire more engineers and build a new encrypted blockchain