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NY Regulators Seize Control of Signature Bank, Depositors Assured by Federal Bailout
13.3.2023
On Sunday, the New York Department of Financial Services, or DFS, announced that it had taken possession of Signature Bank. The DFS appointed the Federal Deposit Insurance Corporation, or FDIC, as the receiver of the bank. In a joint statement, the U.S. Federal Reserve, Treasury Department,...
US Fed announces $25B in funding to backstop banks
13.3.2023
The Federal Reserve established a funding program for banks, making $25 billion available to eligible firms in a bid to avoid further banking liquidity issues
South Korea launches Metaverse Fund to expedite domestic initiatives
12.3.2023
With the help of the Metaverse Fund, South Korea will support the mergers and acquisitions of various firms from the metaverse ecosystem
Crypto funding shifts from CeFi to DeFi after major collapses: Finance Redefined
10.3.2023
The majority of the DeFi tokens in the top 100 traded in the red on the weekly charts due to a downturn in the broader financial market
Digital Art Platform and Residency Program Wildxyz Raises $7M
9.3.2023
Notable investors such as Reid Hoffman, Gwyneth Paltrow and Cozomo de Medici participated in the seed funding round
Zero-Knowledge Crypto Startup Proven Raises $15.8M in Seed Round
9.3.2023
Framework Ventures led the seed round for the firm, which was founded by former employees of market maker Jane Street
Crypto Payroll Startup Toku Raises $20M
8.3.2023
Blockchain Capital led the round for the firm, which also offers tax compliance solutions
Transform Ventures launches holding company for blockchain with $100M AUM
8.3.2023
Transform Ventures was founded by Michael Terpin, a crypto investor who previously sued a New York teenager for $71.4 million in damages for allegedly snatching cryptocurrency from his phone
Hexa Raises $20.5 Million to Take Real Objects to the Metaverse
8.3.2023
Hexa, a 3D modeling company, has raised $20.5 million in its latest funding round to facilitate the task of bringing products into the metaverse. This new injection will ostensibly allow the company to expand its current workforce involved in engineering and business tasks, to improve the workflow...
Web3 app Kresus raises $25M to bridge consumers to blockchain
7.3.2023
Kresus’ SuperApp aims to bridge more everyday consumers to digital goods, NFTs and other Web3 products and services
Crypto funding seen shifting from CeFi to DeFi after major collapses: CoinGecko
6.3.2023
"NFTfi,” on-chain derivative platforms, decentralized stablecoins and Ethereum L2s are four investment opportunities being looked at closely by one crypto investment firm
Russia-Ukraine war: How both sides of the conflict have used crypto to win
5.3.2023
While tens of millions worth of crypto were donated to Ukraine in the last year, pro-Kremlin groups have also leveraged digital currencies to buy military supplies and spread propaganda
Total crypto market cap takes a hit amid Silvergate Bank crisis
3.3.2023
The total crypto market cap slipped below $1.025 trillion as concerns over Silvergate Bank’s solvency triggered a sharp sell-off in BTC, ETH and altcoins
The HDF Educational Welfare Report: CoinEx Charity Empowers Children’s Education Through Charitable Giving
2.3.2023
PRESS RELEASE. Since last year, CoinEx Charity has been funding children in poor areas, bringing them back to school to continue their education. The Mercy Children’s Educational Welfare Program is still ongoing and has helped over 20,000 children with funds from CoinEx Charity. Recently, CoinEx...
Chiliz announces $50M incubator and accelerator program for early-stage blockchain projects
1.3.2023
The company said the funds will be invested into early-stage blockchain projects that leverage the Chiliz blockchain for sports and entertainment and the Socios.com partner network
Redeem Raises $2.5M to Let Users Receive NFTs Via Phone Numbers
1.3.2023
Kenetic Capital led the round ahead of Redeem's second-quarter product launch
China Blockchain Conflux Gains $10M Investment From DWF
1.3.2023
The investment firm bought the blockchain's native token after it signed a deal with China Telecom
DeFi Trading Platform Aurox Seeking Funding at $75M Valuation
28.2.2023
The DeFi-focused software developer firm is seeking to raise up to $1 million in a crowdfunding campaign on tZERO
Entertainment NFT Firm Orange Comet Raises $7M in Equity Round
28.2.2023
he company, which has created digital collectibles for athlete Scottie Pippen and “The Walking Dead”, plans to raise more capital later this year
Web3 Infrastructure Startup Portal Raises $5.3M
28.2.2023
The company emerges from stealth with a roster of backers, including Katie Haun’s investment firm