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Jack Dorsey Backed Bitcoin Mining Pool Ocean Acknowledges Filtering Ordinal Inscriptions
2.12.2023
Ocean, a Bitcoin mining pool that recently raised $6.2 million in a seed funding round led by former Twitter (now known as X) CEO Jack Dorsey, is currently filtering ordinal inscription transactions. Giacomo Zucco, a bitcoiner, confirmed that Ocean was using Knots as a node, a software developed...
Jack Dorsey Leads $6.2 Million Seed Funding for OCEAN Bitcoin Mining Pool
30.11.2023
Mummolin launches decentralized bitcoin mining pool Ocean with backing from Jack Dorsey. Image by yuromanovich, Adobe Stock. Mummolin, a Bitcoin startup, has raised $6.2 million in seed funding to support the launch of Ocean, a new decentralized bitcoin mining pool. The funding round was led...
Wormhole Raises $225 Million at $2.5 Billion Valuation in 2023’s Largest Crypto Fundraise
29.11.2023
Source: Adobe Interoperable blockchain protocol Wormhole has achieved another significant milestone with a $225 million seed fund raised from a group of prominent investors in the crypto landscape. This fundraising is the largest in the Web3 ecosystem so far this year, propelling Wormhole’s...
A16z Backs Web3 Consumer App Setter in $5M Seed Round
28.11.2023
Setter aims to address "the complexity and unfriendliness of current wallet technologies," making entry into Web3 a seamless experience for more users
Top Crypto Gainers Today on DEXTools – PEPED, SEED
24.11.2023
DEXTools Logo / Source: DEXTools X Account Major blue-chip cryptocurrencies are trading with a positive bias on Friday despite a lack of trading volumes with US market participants away for the Thanksgiving holidays. Bitcoin (BTC) briefly hit fresh highs for the year above $38,000 and at current...
Bitcoin Ordinals Project Taproot Wizards Raises $7.5 Million in Seed Funding
17.11.2023
Source: Adobe / Daniel Krasoń The Bitcoin Ordinals project known as Taproot Wizards has successfully secured $7.5 million in seed funding in a round led by venture capital firm Standard Crypto. Additional contributions in the round came from prominent investors including Geometry, Collider...
Web3 Social Company Sleek Announces $5 Million Seed Round
17.11.2023
Source: Pixabay Hong Kong-based Web3 social company Sleek has revealed a $5 million seed round, with the fundraising valuing the company at $50 million. In a press release published on Friday, the company said that it had secured funds through a Simple Agreement for Future Tokens (SAFT), granting...
Bitcoin-Focused Ordinals Project Taproot Wizards Raises $7.5M in Seed Round
16.11.2023
Taproot Wizards, which describes itself as "magic internet JPEGs", offers a collection of Microsoft Paint images of wizards harking back to a 2013 bitcoin meme: "magic internet money."
CFX Labs Secures $9.5 Million Seed Round To Expand Solana-based Payment Network
15.11.2023
Source: Pixabay CFX Labs has raised $9.5 million in seed investments to expand its Solana-based stablecoin payment and remittances network. The US-based fintech firm said in a press release on Wednesday that the fundraising was oversubscribed, with Shima Capital, Decasonic, Antalpha, CMT Digital...
OKX Ventures makes seed round investment in Kakarot
15.11.2023
OKX Ventures carries out a seed round funding in Kakarot, which is a Type 2.5 ZkEVM worded in Cairo. This is a Turing complete programming language. Cairo o has been created to collect into Cairo Assembly (CASM), helping to bring about implementation signs. In turn, these signs are utilized...
Binance Launches Web3 Wallet to ‘Lower the Barrier’ for Self Custody
10.11.2023
Binance has announced the launch of a new “self-custody” Web3 wallet aimed at simplifying the user experience and protecting user funds when using decentralized apps. The wallet features multi-party computation (MPC) tech, which Binance alleges allows users to manage the wallet without...
Ritual Raises $25M for AI Decentralization, Targets Universal Access with DeFi Integration
9.11.2023
Ritual raises $25M to build a decentralized AI network. Image by ipopba, Adobe Stock. Ritual, a startup building a decentralized platform for artificial intelligence, has raised $25 million in a seed funding round. The funding was led by venture capital firm Archetype, with participation from Robot...
Ritual Secures $25 Million in Seed Funding to Decentralize AI
8.11.2023
Source: Pixabay AI platform Ritual obtained a $25 million capital injection in a Series A funding round led by Archetype, with assistance from Accomplice and Robot Ventures. The company announced on its website that the funds would help “expand our team, start growing our developer network,...
UK Web3 Firm Pimlico Secures $4.2M Seed Investment Led by a16z Crypto
8.11.2023
a16z. Source : Twitter/CRYPTOPURITY.COM Pimlico, a UK-based Web3 company, has successfully closed a seed investment round worth $4.2 million, led by the major venture firm Andreessen Horowitz’s crypto arm a16z Crypto. The new funding round comes after a recent pre-seed round, and marks a “crucial...
Euro Stablecoin Startup StablR Secures €3.3 Million in Seed Funding
7.11.2023
Source: IQoncept / Adobe StablR, a euro stablecoin startup that began operating just over a year ago, has successfully raised €3.3 million ($3.5 million) in a seed funding round. The investment comes from a consortium of backers, including crypto derivatives exchange Deribit and venture firms Maven...
Binance to List Ordinals (ORDI) in ‘Seed Tag’ Section, Token up Nearly 49%
7.11.2023
Crypto exchange giant Binance announced that it will list Ordinals (ORDI) with new spot trading pairs available as of 10 a.m. UTC on November 7. Upon listing, Binance will offer spot trading pairs, including ORDI/BTC, ORDI/USDT, and ORDI/TRY. Withdrawals for ORDI are scheduled to open at 6:30 a.m....
Smart Contract Platform Llama Raises $6M From Investors Including Polygon, Aave Founders
6.11.2023
Llama aims to make governance of blockchain protocols more effective by enabling protocols to encode roles and permissions to take on-chain actions
Modulus Labs Completes $6.3 Million Funding to Integrate Cryptographic Security Into AI
2.11.2023
Artificial Intelligence (AI) startup Modulus Labs, a project that integrates AI and crypto, has raised $6.3 million in seed funding. The project announced the launch of its formal debut on Wednesday, following the funding round, led by key crypto investors. The platform is backed by crypto venture...
Gumi Cryptos Capital and Arcane Group Lead $5.4M Investment in Moonveil Web3 Game Studio – Crypto Gaming Making a Comeback?
27.10.2023
Web3 game studio Mooveil has announced the successful completion of a pre-seed/seed round fundraising, securing a total of $5.4 million in investments. The funding round was led by Gumi Cryptos Capital and Arcane Group, two prominent players in the crypto investment landscape. In addition...
Recovery firm proposes cracking former Ripple CTO's $244M Bitcoin hard drive
25.10.2023
Stefan Thomas, the former chief technology officer at Ripple, has an IronKey hard drive containing 7,002 BTC with only two attempts at guessing a password remaining