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Ethereum Foundation’s Financial Report Discloses It Holds $1.6 Billion in Assets, 80.5% Held in Ether
18.4.2022
On Monday, the Ethereum Foundation (EF) published a financial report that shows the foundation currently holds $1.6 billion in its treasury. $1.3 billion of the treasury’s assets are held in cryptocurrencies while the rest of the treasury is composed of non-crypto investments and assets....
Crypto Biz: An eye-opening chat with Mr. Wonderful, April 7–13, 2022
15.4.2022
Kevin O’Leary told Cointelegraph that Bitcoin mining could incentivize green energy production. We also interviewed Mark Yusko and Mike McGlone at Bitcoin 2022
AVAX Price Rides Wave as Avalanche Developer Reportedly Seeks USD 350M in Funding
14.4.2022
With Ava Labs, the lead developer of the Avalanche blockchain, said to pursue new funding round, possibly becoming one of the most highly valued crypto-focused startups, the price of its native coin AVAX is accelerating upwards.
With the aim to support its further expansion, the company...
Report: Fed’s Secret Repo Loans to Megabanks in 2020 Eclipsed 2008 Bailouts, Data Dump Shows $48 Trillion in Stealth Funding
13.4.2022
Following the controversial bank bailouts and Troubled Asset Relief Program (TARP) in 2008, reports show in late 2019 and 2020, the U.S. Federal Reserve participated in providing trillions of dollars in secret repo loans to megabanks. At the end of March, investigative journalists, Pam and Russ...
Crypto Wallet Tracker Context Raises $19.5M in Funding Round
13.4.2022
The round was co-led by Variant Fund and OpenAI’s Sam Altman
Blackrock, Fidelity to Invest in Crypto Firm Circle’s $400 Million Funding Round
13.4.2022
Blackrock, Fidelity, Marshall Wace, and Fin Capital are investing in crypto firm Circle. In addition, Blackrock, the world’s largest asset manager, has entered into a broader strategic partnership with the crypto firm. Blackrock, Fidelity, Marshall Wace, Fin Capital to Invest in Circle...
NFT avatar startup Genies valued at $1B following Series C funding round
13.4.2022
Nonfungible token platforms incorporating Web3 and the metaverse continue to attract sizable investments from venture capital firms
BlackRock joins stablecoin issuer Circle's $400M funding round
12.4.2022
Already being the primary asset manager of USDC cash reserves, BlackRock will now also be exploring capital market applications for the USDC stablecoin
Binance Labs Heads Sender Wallet’s Seed Funding Round
12.4.2022
Binance is a globally renowned name for being the best Crypto exchange platform. Results speak for themselves. Binance processes more than 1,400,000 transactions every second and aims to make the world financially free from all the obstacles. The overall number of Binance users reached 16.5 million...
New $250M TONcoin Fund targets DEX and NFT tools on TON blockchain
11.4.2022
Cameroon, the Democratic Republic of the Congo and the Republic of the Congo announced plans to adopt the TON blockchain amid the TONcoin Fund launch
Sky Mavis Raises $150 Million in Financing Round Led by Binance to Refund Users Affected by the Ronin Bridge Exploit
9.4.2022
Sky Mavis, the company behind the play-to-earn (P2E) game Axie Infinity, announced it has raised $150 million in a funding round to replenish the funds the company lost in the Ronin Network exploit. The funding round — which was led by Binance and had the participation of companies like...
Web3 Security Firm Certik Raises $88 Million in Series B3 Financing Round Led by Tiger Global and Others
8.4.2022
Certik, a Web3 and blockchain auditing and security firm, has raised $88 million in its recent B3 funding round. The round, which was led by Tiger Global and included Goldman Sachs as an investor in the firm, gives the company a valuation of $2 billion. This doubles the valuation that Certik...
Near Protocol eyes a Terra-like price rally after new $350M funding raise
8.4.2022
NEAR's price could extend gains following the launch of a new algorithmic stablecoin USN
Sky Mavis Holds Funding Round Led by Binance to Restore Lost Funds
7.4.2022
It is normal to trade financial instruments that have existed in the market for a long time. Times have changed, and Crypto trading is emerging as a cool alternative for traders of every background. Trading platforms have noted this to integrate upgraded tools and facilitate the trading of digital...
Binance.US Raises First Funding Round at $4.5B Valuation
6.4.2022
The $200 million fundraise will be used to ramp up marketing ahead of a public listing in “the next two to three years,” a spokesperson said
Binance.US completes $200M seed round to hit $4.5B valuation
6.4.2022
After launching in 2019, Binance.US has reached a pre-money valuation of $4.5 billion and rolled out services in 48 states and eight territories
EverLend, First Lending Protocol on Everscale Network, Kicks off Operations With Successful LEND Token Launch
6.4.2022
EverLend.app is a secured lending protocol powered by Everscale. The platform was successfully launched on the 18th of March, 2022 together with its own utility token. The platform facilitates DeFi lending by hosting funding pools with interest rates based on Everscale’s asset supply...
Ecosystem expansion and $45M funding round boost Boba Network (BOBA) price by 30%
5.4.2022
BOBA price booked a double-digit gain after a $45 million funding round and developer incentive program lured investors back to the network
Ethereum L2 Boba Network valued at $1.5B following Series A
5.4.2022
In terms of adoption and TVL, layer-2 scaling solutions continue to lead the cryptocurrency industry by a wide margin
Layerzero Labs Secures $135 Million to Bolster Cross-Chain Interoperability
1.4.2022
Layerzero Labs, the firm behind the interoperability protocol Layerzero, has revealed the company has raised $135 million in a Series A+ finance round led by Andreessen Horowitz (a16z), FTX Ventures, and Sequoia Capital. The new financing brings Layerzero Labs’ overall valuation to...