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US Digital Asset Bill 'Fairly Measured' But Raises Civil Rights Concerns - Attorney
30.7.2021
The 'Digital Asset Market Structure and Investor Protection Act,' introduced by US Representative Don Beyer, is "unsurprising and fairly measured," but in some key places, "its overbreadth or ambiguities raise civil rights and other issues," according to Gabriel Shapiro...
Robinhood Raises Almost $2 Billion in IPO, Falls Short of Expected $35 Billion Valuation
29.7.2021
Robinhood, the fee-free cryptocurrency, stock, and options exchange, raised almost $2 billion in its initial public offering, reaching a valuation of $32 billion. While the company is more valuable than Nasdaq itself, the IPO failed to give the company an expected valuation of $35 billion....
Bitcoin Rewards Firm Lolli Raises $10M in Funding Led by Acrew Capital, Social Media Moguls
29.7.2021
The bitcoin rewards platform Lolli has announced the company has closed a $10 million Series A funding round on Wednesday. Lolli says the new financing will help the firm expand, hire and develop new partnerships. Lolli Raises $10 Million The New York-based Lolli has raised $10 million from...
Solana based cross-chain exchange Saber raises $7.7M to expand team and tokens
29.7.2021
Saber has raised $7.7 million in a seeding fund round, and is rated as the second platform on Solana in terms of total locked value (TVL) with $185.77 million
Genesis Digital Assets raises $125M as mining sector pivots to the west
29.7.2021
Genesis plans to more than triple its hashing capacity from 2.6 EH/s to 8.1 EH/s
Iran Raises Alarm Over Potential Influx of Miners From China
28.7.2021
With the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has emerged as a prospective destination. However, the country’s state-owned power utility has expressed concerns over a possible...
Gone in 31 seconds: Yield Guild Games’ IDO raises $12.5M from just 32 participants
28.7.2021
The $12.6 million initial DEX offering of play-to-earn collective, Yield Guild Games, sold out in just 31 seconds to just 32 participants
Fireblocks Custody Company Raises $310 Million, Reaches $2 Billion Valuation
27.7.2021
Fireblocks, a blockchain infrastructure firm, raised $310 million in its most recent funding round, reaching a valuation of $2 billion. The company, which specializes in the custody of digital assets, is interested in bringing traditional assets to the blockchain realm. Fireblocks expects this...
Crypto app Valora raises $20M, becomes independent from Celo
27.7.2021
Valora said it will use the funds for product development and create educational content "to get more people comfortable using cryptocurrencies."
NFT-based game Splinterlands raises $3.6M via private token sale
27.7.2021
Only 6.6% of the supply of the SPS token was reserved for the private sale. Purchasers are subject to a minimum 10-month vesting period
Crypto Fintech Eco Raises $60M for High-Yield USDC Savings App
27.7.2021
The a16z-backed Eco, where users’ deposits are loaned out in USDC, says it’s keeping an eye on the BlockFi case
Blockchain unicorn Fireblocks raises $310M
27.7.2021
The investment round was co-led by Sequoia Capital, Stripes, Spark Capital, Coatue, DRW VC and SCB 10X. Launched in 2020, SCB 10X is the venture capital arm of Siam Commercial Bank, Thailand’s oldest bank
Solana’s Saber Labs Raises $7.7M in Seed Funding Round Led by Race Capital
27.7.2021
Funding will go toward three main areas including hiring, marketing as well as business and product development
NFT Marketplace Opensea Raises $100 Million — Firm Becomes a Blockchain Unicorn
22.7.2021
Opensea has become the latest non-fungible token (NFT)-focused firm to raise funds this year as the company announced raising $100 million in a Series B this week. The venture capital firm Andreessen Horowitz led the Opensea financing round alongside investors like Kevin Durant, Ashton Kutcher,...
‘Ethereum: The Infinite Garden’ Documentary Project Raises 1,036 Ether
21.7.2021
A documentary project called “Ethereum: The Infinite Garden” has raised 1,036 ether to complete its fundraising proposal. The project will use these funds to finance the first feature-length Ethereum documentary, that will cast members from the community and key individuals from...
Social NFT platform DeFine raises $5M from Asian investors
20.7.2021
The market for nonfungible tokens, or NFTs, appears to be growing in Asia. Several companies and venture funds have backed DeFine in its quest to bring NFTs to mainstream audiences
Ethereum documentary featuring Vitalik Buterin raises $1.9M in 3 days
19.7.2021
Slated to premiere in winter 2023, the film will approach Ethereum as an “infinite garden,” laying out its blockchain as a “decentralized ecosystem with soil, plants, and insects.”
Bitcoin interoperability platform Interlay raises $3M in seed funding
17.7.2021
Interlay’s mission is to bring its interBTC product to all major blockchains, including Polkadot, Ethereum and Cosmos, according to founder and CEO Alexei Zamyatin
Paypal Raises Weekly Cryptocurrency Purchase Limit to $100K, Removes Annual Limit
16.7.2021
Payments giant Paypal has increased its weekly purchase limit for cryptocurrencies and has removed the annual limit altogether. The company said, “These changes will enable our customers to have more choice and flexibility in purchasing cryptocurrency on our platform.” Paypal Increases...
Phantom raises $9M to launch multi-chain crypto wallet
14.7.2021
The Series A fundraiser was led by Andreessen Horowitz, with participation from Variant Fund, Jump Capital, DeFi Alliance and Solana Foundation. Angel investors from Compound, dYdX and Ethereum Foundation also participated