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Venture Capitalist Tim Draper Doubles Down on His $250K by 2022 Bitcoin Price Prediction
16.6.2021
American venture capital investor Tim Draper still believes in a bitcoin price prediction he made in mid-April 2018, at the Draper University blockchain party. At the time, Draper said that he thinks bitcoin could reach $250K by 2022, and during an interview with CNBC’s Jade Scipioni this...
Europe Raises 20 Unicorns This Year Including Crypto Companies
15.6.2021
Twice as many European startups have achieved unicorn status in 2021 compared to last year. Despite the negative effects of the ongoing Covid crisis, young companies on the Old Continent, including several crypto unicorns, have managed to attract a record high amount of VC capital. European...
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
Stake Technologies secures $10M to build dapp ecosystem for Polkadot and Kusama
11.6.2021
The parent company of Plasm Network and Shiden Network has prioritized development initiatives centered around Polkadot and Kusama. The company received support from over a dozen venture firms and several other angel investors
Venture Capital backed DEX for Cardano - ADAX IEO is live on ExMarkets
11.6.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The Cardano-Based Decentralized Exchange has gone live on ExMarkets
The much-awaited ADAX IEO has just gone live on ExMarkets’ Launchpad, and now anyone can participate in the project. The ADAX team...
Arrington Capital Launches $100M Algorand Ecosystem Fund
10.6.2021
The TechCrunch founder’s second crypto fund will bet on Algorand projects and coins. But don’t think the firm is abandoning XRP
Pantera Capital and Arrington XRP Capital lead $5.8M Unbound Finance raise
10.6.2021
Unbound Capital aims to become the first decentralized cross-chain stablecoin. The private investment round had participation from at least 14 venture funds and over a dozen angel investors from across the blockchain industry
Solana Labs raises $314M via private token sale as ecosystem support expands
9.6.2021
Andreessen Horowitz and Polychain Capital led the raise, with additional contributions from Alameda Research, Blockchange Ventures, CMS Holdings, Coinfund, CoinShares, Collab Currency, Memetic Capital and many others
Dash Makes an Investment in Brazilian Startup Venture 88i
9.6.2021
Dash Investment Foundation (DIF), known to be the foremost memberless and ownerless investment fund, recently announced investing R$1.4 million or $250,000 in Brazil’s first online digital insurance firm, 88i Seguradora Digital. Established by Rodrigo Ventura in the year 2018, 88i is an insurance...
Reports suggest BlockFi seeks to raise millions at a valuation of $5B
8.6.2021
Financiers from New York and London are said to be leading the private investment round, according to reports
African Fintech Start-up Chipper Cash Raises $100 Million — CEO Says No Crypto Services for Nigeria
6.6.2021
Chipper Cash, an African fintech firm that specializes in facilitating cross-border payments, recently closed a $100 million Series C funding round. Taking the lead in what is now Chipper Cash‘s third fundraising round in the past twelve months is the venture capital (VC) firm, SVB Capital....
Payments Firm Square May Build a Hardware Wallet, Dorsey Heckled at Bitcoin Conference Over Censorship
4.6.2021
The cofounder of Twitter and the CEO of the payments firm Square, Jack Dorsey, has revealed his firm is contemplating creating a bitcoin hardware wallet in collaboration with the community. Dorsey revealed this in a tweetstorm and said he wanted to share some “guiding principles”...
Top blockchain mentors join forces to advise on ‘groundbreaking’ Solana projects
3.6.2021
Solverse Accelerator was established to support high-potential projects building on Solana. It’s also a way to incentivize further development on the blockchain network, which has grown rapidly this year
Dapp for upcoming Diem blockchain raises $4.5M in seed investments
3.6.2021
Pontem Network has received backing from several notable investors, including Delphi Ventures, Collider Ventures, Alameda Ventures, Skynet Trading and Animoca Brands. In total over 30 investors contributed to the raise
Polygon and AU21 Capital unveil $21M fund to support Polygon developers
2.6.2021
The joint venture fund is intended to provide funding, developmental support and exchange listings to up-and-coming Polygon ecosystem projects
Andreessen Horowitz Discusses Raising Third Crypto Fund to $2 Billion, Sources Say
31.5.2021
In May 2020, back when the crypto economy was still tumultuous from the coronavirus outbreak fears and gloomy global financial outlook, in general, the private venture capital firm Andreessen Horowitz (a16z) revealed the 500 million-dollar “Crypto Fund II.” A report published on May...
VCs back Balancer with $24.25M investment
27.5.2021
Investors are backing the Balancer protocol with greater conviction. Could this be a sign that market hype surrounding DeFi is ramping up again?
Andreessen Horowitz leads $40M investment round into crypto-trading platform
27.5.2021
Talos seeks to accelerate institutional adoption of digital assets. It now has some of the industry’s biggest backers supporting its mission
Ethereum-based DeFi platform DeversiFi raises $5M in strategic investments
18.5.2021
The investment round was led by ParaFi Capital alongside Defiance Capital, Lightspeed Venture Partners, Blockchain Ventures, Fenbushi Capital, OKEx, StarkWare and Longhsh Ventures. Angel investors from Synthetix, Aave and Enzyme also participated
Delphi Digital forms $5 million NFT investment ‘syndicate’
14.5.2021
The new investment wing will focus on NFTs and NFT infrastructure