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Fenix Games raises $150 million to kickstart the market for blockchain games
29.11.2022
Fenix Games is venturing into a land where no one has been before. The firm has raised $150 million in funding from investors, including Phoenix Group and Cypher Capital. The usage of funds will revolve around creating a publisher company that exclusively deals with blockchain gaming....
Ethereum Staking-as-a Service Startup Kiln Raises $17.6M
28.11.2022
The Paris-based startup is betting on the growth of staking services after Ethereum's Merge
Fenix Games raises $150M to fuel next-generation blockchain gaming
27.11.2022
Chris Ko, CEO and co-founder of Fenix Games, considers Fenix Games “like a VC fund” for powering the next generation of blockchain games
Dash 2 Trade Raises $7M, Accelerates Development to Tackle FTX Fallout
25.11.2022
Dash 2 Trade, the crypto analytics dashboard and trading strategy portal, has just announced that its D2T token pre-sale will be ending earlier than initially stated thanks to an accelerated development timeline.
As a multi-faceted crypto dashboard, Dash 2 Trade aims to provide a hub that both...
Report: Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding
25.11.2022
Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed that the company already secured commitments from investors for roughly $50 million, which would give Matrixport a post-valuation of $1.5 billion....
FTX stake in US bank raises concerns about banking loopholes
25.11.2022
The chairman of the rural bank Jean Chalopin also happens to be the chairman of Deltec Bank, which has Tether and Alameda both on its client list
Blockchain VC funding halves in October despite some strong raises
23.11.2022
VC funding continues to decline, but Uniswap bucks the trend by drumming up $165 million in a Series B round
DeFi protocol raises $10M from Bitfinex, Ava Labs despite turbulent market
23.11.2022
The prolonged market volatility has not stopped investors from backing a new protocol that merges DeFi and the foreign exchange market
Australian firm raises $28M to expand Bitcoin mining capabilities
17.11.2022
The Sydney-based Arkon Energy secured $28 million in a recent funding round to expand its renewable energy Bitcoin mining operations despite the volatile market
Startup Arkon Energy Raises $28M to Further Expand Into Bitcoin Mining
17.11.2022
The Australian company also bought Hydrokraft AS, a leading renewable energy-based data center in Norway
zkSync developer Matter Labs raises $200M, commits to open-sourcing platform
16.11.2022
Over 150 projects, including Chainlink, Uniswap and Aave, have signaled their intent to deploy on the layer-2 blockchain
Bitget Raises Its Protection Fund to $300M to Reassure Users After FTX’s Collapse
15.11.2022
PRESS RELEASE. Nov 15th, 2022 – Leading global cryptocurrency exchange, Bitget announces that it will increase its Protection Fund to 300 Million USD, in order to provide better protection and further assurance to crypto users. This is part of Bitget’s major efforts in building...
Fiat-to-Crypto Company Ramp Raises $70 Million to Solve the Crypto Onboarding Problem
14.11.2022
Ramp, a fiat-to-crypto company, has announced it has raised $70 million as part of its Series B funding round. The round was co-led by Mubadala Capital and Korelya Capital, with Balderton Capital and Cogito Capital participation. The company explained that these funds would allow it to improve...
From a $32 Billion Valuation to Financial Troubles: An In-Depth Look at the Rise and Fall of FTX
10.11.2022
During the last two days, the cryptocurrency community has been dealing with the FTX fiasco after Binance revealed that it was backing out of the deal to acquire the rival exchange. Between Nov. 8-9, the crypto economy shed more than $230 billion in value as FTX’s troubles shook investors....
SOL raises interest rates to overcome Solend liquidity crises
10.11.2022
Investors on Solana, a top blockchain platform, are in a state of panic after the apparent fall of the FTX cryptocurrency exchange. The other centralized exchange eventually stopped stablecoin trades through Solana on Tuesday. In the wake of this week’s decline in the value of Solana’s...
Egyptian Fintech Raises $31 Million in Series B Funding Round
10.11.2022
Moneyfellows, an Egyptian fintech startup specializing in digitizing money circles, recently announced the close of its Series B funding round that raised $31 million. The funds will be used to finance Moneyfellows’ expansion into other markets as well as accelerate the fintech’s...
Blockchain intelligence firm TRM Labs raises $70M in expanded Series B round
9.11.2022
Private equity firm Thoma Bravo led the expansion round, bringing the total amount raised to $130 million
Xternity, A Web3 Gaming Infrastructure Startup, Raises $4.5M
9.11.2022
Armed with $4.5 million from a pre-seed round of funding, the Web3 gaming platform company Xternity announced the beta launch of its platform. It’s on a mission to help developers embrace the concept of Web3 and new technologies such as blockchain and NFTs, which promise to transform the video...
Ramp Raises $70M to Provide Crypto Payments Infrastructure
9.11.2022
The round was co-led by UAE wealth fund Mubadala Capital and investment firm Korelya Capital
Ramp, builder of crypto payment rails, raises $70M
9.11.2022
The company is building payment rails that could make crypto purchases as ubiquitous as Paypal transactions