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Bitlayer Secures $11M in Series A Funding Led by Franklin Templeton and ABCDE
24.7.2024
Bitlayer Labs, the team behind a Bitcoin layer two (L2) solution utilizing the BitVM paradigm, has successfully raised $11 million in a Series A funding round led by Franklin Templeton and ABCDE. This investment elevates Bitlayer’s total funding to $16 million, bringing its valuation to $300...
Wintermute in $300M funding talks, Tencent interested: Report
23.7.2024
The crypto market maker could have a valuation of $2 billion if the talks come to fruition
Wintermute in $300M funding talks, Tencent interested: Report
23.7.2024
The crypto market maker could have a valuation of $2 billion if the talks come to fruition
Bitcoin Layer-2 Chain Bitlayer Raises $11M Led by ETF Issuer Franklin Templeton
23.7.2024
Bitlayer's layer 2 is based on the BitVM paradigm, which was unveiled last October and laid out a path for Ethereum-style smart contracts on the original blockchain
Singapore commits $74.3M for quantum and AI in finance
22.7.2024
MAS injects funds to enhance quantum computing and AI in Singapore’s finance sector, supporting local institutions with substantial co-funding
Nigeria’s Self-Proclaimed Crypto Billionaire Released From Police Custody
21.7.2024
The recently detained Nigerian self-proclaimed cryptocurrency billionaire, Linus Williams, has been released on bail. According to a controversial Instagram celebrity, Verydarkman, the crypto billionaire begged for release but is expected to answer for his alleged crimes soon. Self-Proclaimed...
Africa’s Blockchain Funding Drops to 1.3% in 2023, Deal Share Rises – Report
19.7.2024
In 2023, Africa’s share of global blockchain venture deals rose marginally to 1.3%, but the continent’s total funding dropped from 1.6% to 1.3%. Only South America’s share of blockchain funding ranks below Africa’s share. The continent achieved an all-time high in blockchain venture funding deal...
Monad’s $225M funding: Optimistic parallelization and MonadBFT insights
18.7.2024
Monad Labs raised $225 million, led by Paradigm, pushing forward the discussion on parallelized EVM chains
Chainbase Raises $15M to Grow Omnichain Data Network
18.7.2024
Chainbase's aim is to provide unbiased and transparent data that is not controlled by a small number of dominant companies
Visa's Data Partner Allium Labs Raises $16.5M as Their New Findings Show Stablecoin Activity is Back Up
18.7.2024
Payment giant Visa's blockchain data partner AlliumLabs has raised $16.5 million in a Series A funding round led by venture capital firm Theory Ventures. Visa and Allium Labs also released their latest findings on stablecoin activity which showed which showed that demand for stablecoins has picked...
South African Travel Fintech Turnstay Secures Funding for Regional Expansion from DCG, DFS Lab
18.7.2024
Venture capital firms DFS Lab and Digital Currency Group (DCG) recently invested $300,000 in Turnstay, a South African travel-focused fintech startup. Turnstay aims to simplify payment procedures for international travelers by leveraging a global network of compliant companies. New Investment...
Anthropic partners with Menlo for $100M fund investing in AI startups
18.7.2024
Anthropic and Menlo Ventures have launched the “Anthology Fund” to back innovative early-stage AI companies
Menlo Ventures launches $100M AI startup accelerator with Anthropic
17.7.2024
Dek: The partnership comes as Menlo Ventures continues to build out its AI portfolio
Nigerian police arrest crypto star in fraud crackdown
17.7.2024
As investigations proceed, the outcome of this case could set significant precedents for how cryptocurrency-related crimes are handled in Nigeria
Nigerian police arrest crypto star in fraud crackdown
17.7.2024
As investigations proceed, the outcome of this case could set significant precedents for how cryptocurrency-related crimes are handled in Nigeria
UAE Blockchain and AI Startup Sentient Labs Secures $85 Million in Seed Funding
17.7.2024
Sentient Labs, a UAE-headquartered startup, has successfully raised $85 million in seed funding. The funding round was spearheaded by billionaire Peter Thiel’s Founders Fund and Pantera Capital, with additional participation from Framework Ventures. Sentient Labs stands out by merging decentralized...
Nigeria Police Arrest Self-Proclaimed Crypto Billionaire on Charges of Cryptocurrency Fraud and Terrorism Funding
17.7.2024
On July 16, the Nigeria Police Force confirmed the arrest of Linus Williams, a self-proclaimed crypto billionaire also known as Blord. Williams faces charges related to internet fraud, terrorism funding, and violations of the Central Bank of Nigeria (CBN) Act. According to a police spokesman, some...
African blockchain venture funding down 74% in H1 2024: CV Labs
16.7.2024
CV VC noted that Africa’s higher blockchain venture activity suggests a regional focus on blockchain solutions to address unique challenges
Bitcoin weekly funding rate reflects investor caution, yet BTC price pushes higher
15.7.2024
Bitcoin trades above $63,000 but the futures weekly funding rate shows pro traders are cautious
Skild AI announces $300M funding from Jeff Bezos, Softbank to build ‘robot brains’
14.7.2024
Another unicorn has entered the race the develop human-level AI