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Tech talent migrates to Web3 as large companies face layoffs
30.10.2022
Web3 companies continue to hire amidst a bull market as tech giants undergo layoffs and hiring freezes
Blockchain.com Seeks New Funding at $4 Billion Valuation – 70% Decline From Previous Round
28.10.2022
Major crypto company Blockchain.com is allegedly in talks over down-round fundraising that could see its valuation slashed by more than 70%.
The crypto exchange reportedly aims to raise funds at a fraction of the $14 billion valuation it achieved earlier this year, Bloomberg reported Thursday...
What the Russia-Ukraine conflict has revealed about crypto
28.10.2022
Cryptocurrencies are being used to provide military and humanitarian aid in the Russia-Ukraine conflict
Celo ecosystem projects raise $77.3M in support of interoperability, ReFi
27.10.2022
The Celo blockchain supports mobile-first DeFi payment infrastructure. Several companies building on the platform have received venture funding
Bloomberg Beta Leads $6.2M Funding for DAO Framework Origami
26.10.2022
Origami and backer Orange DAO also announced a $20,000 funding program for pre-launch decentralized autonomous organizations (DAOs)
VC Roundup: Web3 dev, EVM sharding and crypto banking headline blockchain funding deals
22.10.2022
WWVentures, Shardeum, Myna Swap, Antic, Juno, Zerion and thirdweb attract venture capital interest in latest funding blitz
Smart Money Eyes Market-Neutral Trades as ADA, AXS See Unusually Low Funding Rates
21.10.2022
Traders can purchase ADA perpetual contracts and simultaneously sell ADA tokens in the spot market to safely pocket the funding rate, one expert said
Celestia Raises $55 Million to Solve Blockchain Modularity Challenge
21.10.2022
Celestia, a project that aims to solve the perceived centralization problem in current monolithic blockchains, has announced it has raised $55 million in its latest funding round. The round, which was led by Bain Capital Crypto and Polychain Capital, also saw the participation of Delphi Digital...
Shardeum raises $18.2 million in Seed Round Funding
20.10.2022
Shardeum experienced overwhelming support in its seed funding round. Over 50 investors were invited to participate, and at the end of the day, Shardeum managed to raise $18.2 million. WEMADE was one of the investors to participate in the seed funding round. The strategic investment done by Wemade...
Crypto Asset Manager Valkyrie Lost the Biggest Investor in Its $11M Funding Round
20.10.2022
Valkyrie is seeking other ways to raise the money, which it initially said it didn’t really need
Delysium closes the strategic funding round with $10 million
19.10.2022
Delysium, an AI-boosted open world possessing various types of Free-to-own universes, receives a funding amount of $10 million. They took great pride and pleasure in gaining the opportunity of making this formal announcement. This strategic funding round saw investors’ contributions like...
Ripple’s $250M fund backs Web3 projects focused on ‘entertainment and media’
18.10.2022
A Ripple executive said the company believes that tokenization can transform the creator economy and create new business models
Web3 infrastructure firm ChainSafe raises $18.75M as attention shifts to GameFi
18.10.2022
The Canadian company is focused on multi-chain R&D and blockchain gaming, which is a growing industry that’s expected to achieve multi-billion-dollar valuations
Terra Developers Propose $250 Million Ecosystem Funding Program
18.10.2022
The developers behind the remnants of the fallen Terra (LUNA) network have unveiled an ecosystem funding program worth some LUNA 95 million ($248 million), seeking to encourage developers, miners and users to develop the troubled ecosystem. ...
Read More: Terra Developers Propose $250 Million...
Terra developers propose revised 95M LUNA ecosystem funding program
17.10.2022
It is an update to the original 100M ecosystem funding proposal, which Terra developers say did not fit the community's needs
Blockchain Security Company Hexens Raises $4․2 Million in Seed Funding Led by IOSG Ventures
17.10.2022
PRESS RELEASE. Hexens, a cybersecurity boutique and blockchain startup, announced the closure of a $4.2 million seed round led by IOSG Ventures, the leading Web3 Venture Capital. Other investors include Delta Blockchain Fund, ChapterOne VC, Hash Capital, ImToken Ventures, Tenzor Capital, and angels...
Elon Musk Says Spacex Will Keep Funding Ukraine for Free Even Though Starlink Is Losing Money — $80M Spent so Far
17.10.2022
Spacex CEO Elon Musk says that his company will “keep funding” the government of Ukraine for free even though Starlink is losing money, noting that it has cost Spacex $80 million so far to provide internet terminals and services to Ukraine. “We’ve also had to defend against...
Binance Announces $500 Million Funding for Bitcoin Mining
15.10.2022
Binance Pool, the crypto mining services arm of cryptocurrency exchange Binance, aims to support Bitcoin miners to weather the crypto winter with a $500 million loan.
The ongoing bear market has had deep impacts on almost all industry participants, particularly miners. Amid rising fuel...
Crypto Biz: $470B bank enters crypto — Probably nothing, right?
14.10.2022
Another major financial institution has signaled its intent to offer Bitcoin and Ether services to its clients
Uniswap’s $165 Million Series B Capital Raise One of the Largest by a Crypto Firm in 2022
14.10.2022
Uniswap Labs, the firm behind the Uniswap decentralized exchange protocol, announced on Thursday that it raised $165 million in a Series B funding round. According to one report, the capital raise, which sees Uniswap Labs’ valuation rise to $1.66 billion, is the largest by any crypto firm...