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Web 3.0 needs more users, not more investors
20.1.2022
Projects need to focus on making products that attract non-crypto users in order to drive innovation and maturity in Web 3.0
Tom Brady's NFT platform Autograph raises $170M to scale operations
19.1.2022
The company said it planned to use the funds to scale its NFT technology and hinted at a series of partnerships aimed at expanding its user base
a16z, Google lead $20M investment in Africa Web3 game publisher Carry1st
19.1.2022
According to Alphabet CEO Sundar Pichai, Africa will be home to 300 million new internet users in the next five years
Blossom Capital’s Newly Launched $432 Million Fund to Focus on Crypto Startups
18.1.2022
Blossom Capital, the London-based venture capital firm founded by Candice Lo, Imran Ghory, Mike Hudack, and Ophelia Brown plans to dedicate more funds to the growing cryptocurrency ecosystem. On January 18, Blossom announced a new fund worth $432 million, and a third of the capital will...
NFT-focused Animoca Brands valued at $5B following $358M raise
18.1.2022
The Hong Kong-based game software and venture capital firm will deepen its exposure to NFTs, gaming and metaverse projects
Lucrosus Capital Launched $LUCA – Decentralized Venture Capital (DeVC)
18.1.2022
PRESS RELEASE. The cryptocurrency market in the last months has witnessed the enormous success of promising valuable blockchain projects. Nevertheless, even investors from traditional markets are starting to detect the real potential of cryptocurrencies. They pour vast amounts of funds into...
FTX Launches $2 Billion Venture Capital Fund Focused on Bolstering Blockchain, Web3 Adoption
14.1.2022
The cryptocurrency firm FTX has announced the launch of a $2 billion venture capital fund called FTX Ventures. The fund’s focus will be on advancing blockchain and Web3 technology alongside investments in “social, gaming, fintech, software, and healthcare.” FTX Reveals...
Former CFTC chair Giancarlo joins CoinFund as an adviser
13.1.2022
Giancarlo has been a vocal supporter of cryptocurrencies and CBDCs and has called for a “do no harm approach” to blockchain regulation
Crypto heavyweights back inflation-resistant savings protocol
13.1.2022
The U.S. consumer price index reached a 40-year high in December, capping off a year of aggressive price increases
Binance Labs backs $200M Oasis Ecosystem Fund
11.1.2022
The VC firm has thrown its weight behind several blockchain projects with a focus on Web3, decentralized finance and cross-chain capabilities
OpenSea raises $300 million for encrypted digital marketplace
5.1.2022
Opensea's market value has now surpassed $13.3 billion following the new cash injection
NFT-focused holding company raises $50 Series A
4.1.2022
Nonfungible token projects have raised billions of dollars in venture funding over the past year, underscoring heightened demand in the sector
Defi Portfolio Tracking Startup Debank Raises $25M From Sequoia China, Crypto.com, Circle
29.12.2021
The decentralized finance (defi) portfolio tracking startup Debank raised $25 million from investors according to an announcement on Tuesday. Following the equity financing round, Debank says it has an overall valuation of around $200 million. Defi Dashboard Debank Raises $25 Million 2021 was...
Crypto Biz: What's up with Jack? Dec. 16-23
23.12.2021
Jack Dorsey's controversial views about venture capital and Web 3.0 triggered a flurry of responses on Twitter this week
Jack Dorsey and Elon Musk Raise Concerns Over Web3 as Skepticism About Ownership Grows
23.12.2021
Former Twitter CEO Jack Dorsey has ignited a debate about web3 after Tesla CEO Elon Musk criticized it. Dorsey warned of the risks from centralization, emphasizing that web3 is owned by venture capitalists (VCs), hiding under the premise of decentralization. “I’m concerned to...
Donald Trump Says Crypto Is ‘Very Dangerous’ — Warns of ‘Explosion Like We’ve Never Seen’
22.12.2021
Former U.S. President Donald Trump says that crypto is “a very dangerous thing.” Commenting on cryptocurrencies, he warned of “an explosion someday” that will “make the big tech explosion look like baby stuff.” He also talked about his new social media...
Singapore Startup Affyn Raised More Than US$7 Million, Presale to Start in December 2021
21.12.2021
PRESS RELEASE. Affyn’s private round was oversubscribed within a week of its website unveiling, resulting in the opening of a new strategic round that once again became oversubscribed, ahead of its presale in December 2021. Backed by more than 50 venture capitalists, institutional investors...
Binance VC arm leads $60M round in cross-chain protocol Multichain
21.12.2021
Shortly after rebranding from Anyswap last week, Multichain raised $60 million in a seed round led by Binance Labs
Binance Developing Crypto Exchange in Indonesia
19.12.2021
Binance has formed a joint venture with a consortium led by Telkom Indonesia’s $830-million venture capital arm. Binance aims “to expand the blockchain ecosystem in Indonesia with the development of a new Indonesian-based digital asset exchange.” Binance Building Cryptocurrency...
African Startup Raises $6 Million From Pre-Series A Funding Round
18.12.2021
Africa Blockchain Lab recently said it has raised $6 million from a pre-Series A investment round and will use the capital to fund the launch of a crypto wallet. Driving Adoption of Cryptocurrencies An African crypto startup, Africa Blockchain Lab, recently confirmed it has received $6 million from...