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Creator of App for Remittances to Africa and Asia Raises $65 Million in Series B Round
26.12.2021
Tap Send, the creator of a remittances app of the same name, revealed it has raised $65 million in a Series B funding round. The fintech firm plans to use the funds to build a cheaper and faster cross-border money transfer platform. Remittances to Overlooked Countries The fintech startup behind...
Finance Redefined: Binance leads $60M Multichain funding, Interlay raises $6.5M, Dec. 17–24
24.12.2021
Binance Labs was the lead funder in a $60-million seed round, Interlay seeks to increase Bitcoin interoperability, Bent Finance and Grim Finance suffer million-dollar exploits — all coming to you in this week’s Finance Redefined
Christmas Rally for Bitcoin, Ethereum as Prices Break Key Levels, Funding Rates Turn Positive
24.12.2021
It looks like Santa Clause has arrived early for crypto investors this year, with strong rallies seen across bitcoin (BTC), ethereum (ETH), and the broader altcoin market in the past 24 hours.
At 13:10 UTC, BTC traded at USD 51,038, up 4.3% for the past 24 hours and 7.1% for the past week....
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
Defi Marketplace and NFT Platform Arcade Raises $15 Million in Series A Funding Round
23.12.2021
The decentralized finance (defi) marketplace, non-fungible token (NFT) financialization platform, and lending application Arcade has announced the company has closed a Series A investment round for $15 million. Just recently, Arcade facilitated an onchain loan of $800,000 against an NFT portfolio...
NFT-collateralized loan platform Arcade raises $15M in funding round
22.12.2021
Pantera Capital's Lauren Stephanian said the platform’s collateralization of NFTs could incentivize participation from 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
Bitcoin book for American policymakers gets 5x funding on Kickstarter
19.12.2021
With this book, Jimmy Song and a group of seven writers intend to reduce the policymaker's reliance on traditional media's narrative on Bitcoin and cryptocurrencies
SBI Group launches crypto-asset fund for Japanese investors
18.12.2021
The SBI crypto-asset fund consists of seven cryptocurrencies including Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash, Chainlink and Polkadot, none exceeding more than 20% in ratio
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...
South Africa’s Digital Bank Tyme Completes Series B Round With Additional $70M Capital Raise
18.12.2021
Tymebank, a South Africa-based digital bank, recently completed its Series B funding round with $70 million invested in the firm by Tencent and U.K. development financier, CDC Group. Funds to Support Tyme’s Expansion Into New Markets Tymebank, a digital bank from South Africa, recently...
Nansen Raises $75mn in First Stage Funding Led by Accel
17.12.2021
Nansen, a Blockchain analytics startup, secured $75 million in its new investment round headed by Accel with participation from Andreessen Horowitz and Tiger Global, a tech investor on this Thursday. The funds acquired in the round will be used to develop the functionality on the company’s...
Crypto Biz: All I want for Christmas is Bitcoin, Dec. 9–16
16.12.2021
As the Federal Reserve keeps inflating asset bubbles this holiday season, gifting your loved ones some BTC doesn’t sound like a bad idea
Upbit crypto exchange's blockchain sister firm raises $60M
16.12.2021
Upbit operator Dunamu plans to expand its joint NFT venture with South Korean entertainment firm HYBE
KKR leads $350M raise for crypto custody bank Anchorage Digital
15.12.2021
The raise marks the first time investment giant KKR directly invested in a cryptocurrency firm
Data suggests traders view $46,000 as Bitcoin’s final line in the sand
14.12.2021
BTC and altcoins took a severe hit on Dec. 13, but derivatives data suggests traders are watching $46,000 as a signal of whether the current market structure will hold up
NYDIG raises $1B in funding, valuation now $7B
14.12.2021
The company stated its goal is to enable access to Bitcoin financial services for everyday individuals
Metaverse Alliance Launches Metathon for Devs and Degens With $50 Million in Prize and Seed Funding
14.12.2021
PRESS RELEASE. Metaverse Alliance has announced the launch of its online Metaverse Hackathon (Metathon) for all metaverse enthusiasts around the world. In recent months, the metaverse has generated a lot of buzz across the internet, with notable corporations like Facebook and Microsoft all racing...
ICON’s P-Reps Approves Funding for the KarmaDAO
14.12.2021
ICON’s P-Reps will now accept financing for KarmaDAO, a DeFi 2.0 project backed by protokol7. The goal of KarmaDAO is to “assist protocols in establishing protocol-owned liquidity along with offering advantages to network members — users. OlympusDAO pioneered Protocol Owned Liquidity,...
Chainalysis to Offer Lightning Network Monitoring Service to VASPs in 2022
11.12.2021
On December 10, the blockchain intelligence firm Chainalysis revealed that the company has added support for Bitcoin’s second-layer protocol the Lightning Network (LN). According to Chainalysis, firms like exchanges and virtual asset service providers (VASPs) can leverage...