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Alameda-Funded Ren Tells Users to ‘Bridge Back to Native Chains’ as It Sunsets 1.0 Platform
8.12.2022
According to the team behind the open protocol Ren, developers are winding down the Ren 1.0 network following the FTX and Alameda Research collapse. Last year, under previous Ren leadership, Alameda acquired Ren and was funding development every quarter. On Dec. 7, 2022, Ren developers warned...
Australian CBDC receives unexpected interest but could hurt banks: RBA
8.12.2022
The pilot "eAUD" program is unique in that the Reserve Bank of Australia has not proposed use cases, and has received numerous suggestions from the industry
Gate.io pledges $100M to revive crypto and rebuild investor confidence
7.12.2022
With investors moving their funds away from exchanges into self-custody, market liquidity concerns are an immediate threat to struggling crypto businesses
Blockstream raising funds for mining at 70% lower company valuation
7.12.2022
CEO Adam Back said the fresh funding will be invested into expanding the firm’s mining capacity
Web3 Blockchain Gaming Project Oasys Closes Strategic Funding Round With Participation of Galaxy Interactive and Nexon
6.12.2022
Oasys, a Gamefi-oriented Web3 blockchain project, has announced it has closed a strategic funding round led by Galaxy Interactive, a VC firm, and Nexon, a gaming company. The round, whose numbers were not disclosed, will allow the company to enhance its ecosystem by expanding its pool of partners...
FTX US ex-president reportedly seeks $6M funding to launch crypto startup
3.12.2022
The ex-president of FTX US, Brett Harrison, is reportedly planning to launch a start-up that would build crypto trading software for big investors
FTX Bankruptcy Write Downs And Venture Capital Funding Data – What We Know So Far
2.12.2022
This time last year, venture capital (VC) firms couldn't get enough of FTX and Sam Bankman-Fried (SBF) – but since the November collapse of the crypto empire all that has changed.
As the full horror story of the corporate governance vacuum that was FTX and Alameda Research is revealed, many...
Total crypto market-cap hits $850M as Bitcoin and altcoins recover from FTX’s collapse
30.11.2022
The total crypto market recovers some lost ground as the contagion risks associated with FTX’s collapse begin to look resolvable
Market maker Keyrock closes $72 million in Series B funding round
30.11.2022
Investors in the round included Ripple, SIX Fintech Ventures, and Middlegame Ventures
Kiln raises $17 million in Series a funding
29.11.2022
Kiln recently announced the conclusion of its Series A funding round. The platform collected over 17 million dollars with the help of names like Illuminate Financial, ConsenSys, Kraken Ventures, GSR, Leadblock Partners, Sparkle Ventures, etc. The news was shared through the official Twitter account...
FTX collapse put the Singapore government in a parliamentary hot seat
28.11.2022
The opposition party MPs has questioned the credibility over its failure to protect retail investors from FTX collapse and had demanded data on the extent of losses incurred by the investors
Fenix Games raises $150M to fuel next-generation blockchain gaming
27.11.2022
Chris Ko, CEO and co-founder of Fenix Games, considers Fenix Games “like a VC fund” for powering the next generation of blockchain games
Report: Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding
25.11.2022
Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed that the company already secured commitments from investors for roughly $50 million, which would give Matrixport a post-valuation of $1.5 billion....
Proximity Labs declares a funding amount of $10 million
25.11.2022
Proximity Labs has taken the firm decision to make a formal declaration of a funding amount of $10 million. This is coupled with other investors in the fray, such as Orderly Network, Spin, and Tonic. Primarily, this will aid in the development of decentralized orderbook solutions at the NEAR...
Crypto lender Matrixport seeks $100M funding despite lending crisis
25.11.2022
Bitmain-backed crypto lender Matrixport is the other half of a new funding round targeting a $100 million raise
Cosmos-based DeFi protocol Onomy gets $10M funding
25.11.2022
Onomy Protocol, a Cosmos-based DeFi protocol, has been able to successfully get a funding of $10 million for itself. For the uninitiated, the protocol is also a decentralized protocol for financial transactions. This enormous success was made possible by the participation of many investors who each...
Cardano DeFi Project Ardana Halts Development, Citing Funding, Timeline Concerns
24.11.2022
The project closed a $10 million round led by now bankrupt crypto hedge fund firm Three Arrows Capital last year
Blockchain VC funding halves in October despite some strong raises
23.11.2022
VC funding continues to decline, but Uniswap bucks the trend by drumming up $165 million in a Series B round
Binance CEO denies report firm met with Abu Dhabi investors for crypto recovery fund
22.11.2022
Changpeng Zhao first announced the fund following FTX filing for bankruptcy, saying it would be aimed at helping projects with liquidity issues, but was not for "liars or frauds."
Genesis denies 'imminent' plans to file for bankruptcy
22.11.2022
The lending firm claims it's having "constructive conversations with creditors" and plans to resolve the situation without the need for a bankruptcy filing