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Thales Uses DAO-first Round to Raise $2.5 Million
14.7.2021
In an important development, Thales has successfully raised $2.5 million through an investment round led by the Apollo Capital and Framework Ventures. The company has also expressed its gratitude to LD Capital, ChainCatcher, Zee Prime Capital, and Honey DAO for providing their valuable logistical...
Social NFT Project Nifty’s Raises $10M, Partners With Entertainment Giant Warner Bros
12.7.2021
The Miami-based Nifty’s, Inc. announced the launch of the project’s website which aims to reveal a non-fungible token (NFT) social platform focused on gathering mainstream attention. The company has also revealed it raised $10 million in a seed round from well-known investors like...
SOLANAX Has Now Started Their Second IEO Round!
9.7.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The IEO has been a recent innovation in the cryptocurrency space, and Solanax, a Solana blockchain-based automated market maker (AMM), has recently started gaining momentum in the crypto community for its upcoming...
Crypto asset manager Valkyrie raises $10M in Series A round
4.7.2021
A diverse cross-section of investors from the crypto sector participated in the raise, including Litecoin founder Charlie Lee
NFT Marketplace Backed by Mark Cuban Raises $13 Million in Series A
1.7.2021
The Mark Cuban-backed non-fungible token (NFT) marketplace Mintable has raised $13 million in a Series A funding round, according to an announcement on Thursday. The Singapore-headquartered Mintable, plans to use the funds to expand its offerings, as the application already features 700,000 NFTs...
Algomint Collects $1.5M in Its Seed Round for Algorand DeFi
1.7.2021
Algomint recently concluded its private seed round after collecting a whopping 1.5 million dollars. The amount shows Algomint’s capability and conviction to help Algorand DeFi. The platform will help Algorand mint synthetic assets, such as goUSD, goETH, and goBTC. AJ Milne (Co-Founder of Algomint)...
Blockware Mining Raises $25M — Firm Looks to Make ‘Hashrate in the US More Globally Competitive’
30.6.2021
On Wednesday, the North American bitcoin mining operation Blockware Mining announced the firm closed a $25 million investment round. According to the company, Blockware Mining aims to leverage the financing to expand operations “beyond its currently installed North American footprint.”...
NFT Marketplace Rarible Raises Over $14 Million, Plans to Launch on Flow Blockchain
24.6.2021
The non-fungible token (NFT) marketplace Rarible has revealed the company has raised $14.2 million in a Series A funding round. Rarible details the funds will be leveraged to take NFTs to the mainstream and announced integration with the consumer-centric blockchain called Flow. Rarible Raises...
NFT marketplace Rarible closes $14M fundraising round led by CoinFund
23.6.2021
Rarible said it will use the funds to hire new team members, and announced the launch of a marketplace on the Flow blockchain
Asian Algorithmic Trading Company Amber Group Reaches Unicorn Status
23.6.2021
Amber Group, a Hong Kong-based cryptocurrency trading company, has attained “unicorn” status. The company managed to raise $100 million in its Series B funding round. With the new influx, the company is now valued at one billion dollars, making it a unicorn. Amber Group’s strategy...
Yield Guild Games Raises $4 Million to Power Its Play-to-Earn Proposal
17.6.2021
Yield Guild Games, an online gaming guild, has raised $4 million to power its play-to-earn proposal in a Series A funding round. The funding round was led by Bitkraft, a venture capital company specializing in e-sports investments. Other blockchain and crypto-related companies also participated....
PayPal, Salesforce contribute to TRM Labs’ $14M investment round
17.6.2021
The venture funds of both companies joined Bessemer and others in financing another strategic investment round for TRM Labs
Bitdao Collects $230 Million in Private Capital From Investors
17.6.2021
As the decentralized finance movement proves its staying power and resilience, one of the world’s largest decentralized autonomous organizations, Bitdao, has concluded a private fundraising round to promote mass adoption of open finance. DAO to Allocate Capital Towards Improving Defi...
Yield Guild Games doubles down on play-to-earn model with $4M funding round
16.6.2021
The Series A funding round was led by BITKRAFT Ventures, an esports-focused venture capital firm. A.Capital Ventures, IDEO, CoLab, Mechanism Capital and ParaFi Capital also participated in the raise, as did several angel investors
Bybit-backed BitDAO Announces USD 230M Funding Round to Fuel R&D
16.6.2021
The recently created decentralized autonomous organization (DAO) BitDAO says it has raised over USD 230m from a private sale funding round.
In a press release shared with Cryptonews.com, the DeFi group stated that it had received support from the likes of Peter Thiel, the Founders Fund, Pantera...
New DAO launches after $230M funding round including Peter Thiel, Alan Howard
16.6.2021
A new decentralized autonomous organization, BitDAO, announced its launch with a $230 million private sale and major contributions from Singapore-based Bybit
Defi Derivatives Exchange Dydx Raises $65 Million – Project Plans to ‘Launch a Mobile Application’
16.6.2021
The decentralized exchange (dex) Dydx announced the organization has raised $65 million in a Series C funding round led by Paradigm. The Dydx announcement notes that the additional capital will be leveraged to “significantly improve liquidity” on the dex platform “through...
China-based Rangers Protocol raises $63M via private equity round
14.6.2021
Rocket Protocol has been rebranded to Rangers Protocol after completing a major investment round. Pantera, Huobi Ventures Blockchain Fund and Alameda Research are among the backers
Cuba’s Central Bank Suspends US Dollar Deposits Nationwide – Officials Cite Embargo ‘Obstacles’
13.6.2021
The Republic of Cuba is suspending the use of U.S. dollars due to embargo restrictions with U.S. and foreign banks. The central bank of Cuba’s restrictions stems from the “obstacles that the U.S. embargo creates for the national bank system.” Cuba Bans USD Deposits, BCC Tells...
China Arrests 1,100 People Allegedly Using Cryptocurrency to Launder Criminal Proceeds
10.6.2021
Chinese authorities have announced that more than 170 criminal gangs have been eliminated and over 1,100 suspects arrested in the latest round of crackdown on criminal groups providing cryptocurrency money laundering services for telecom fraudsters. Crackdown on Telecom Fraud Using Cryptocurrency...