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Traders, Unswayed by Axie Infinity Hype, Are Aggressively Shorting AXS
28.7.2021
Data underscores that It’s not that easy to win over a crypto trader’s heart
Bitcoin rewards app Lolli closes $10M investment round
28.7.2021
Acrew Capital, Lolli’s primary backer during the raise, said the app is well positioned to boost Bitcoin adoption in the long run
Multi-chain infrastructure network Biconomy concludes $9M investment round
28.7.2021
The funds will be used to develop a “multichain relayer network” that provides solutions to Web 3.0 development issues
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
Crypto tax startup TaxBit reportedly in talks for unicorn-level funding
21.7.2021
The possible new funding would bring the Utah-based crypto tax automation provider to a valuation of $1 billion or above
FTX Closes $900 Million Series B — Capital Raise Pushes Exchange Valuation to $18 Billion
21.7.2021
FTX Trading Ltd. announced the firm has closed the largest capital raise in crypto exchange history in a Series B funding round for $900 million. The financing gives FTX a valuation of around $18 billion and the crypto firm aims to expand its global presence. FTX Closes Largest Capital Raise...
OpenSea is the latest crypto unicorn after $100M funding round
21.7.2021
OpenSea also announced expanded support with Polygon, and noted that “Buyers no longer have to pay blockchain fees when making trades on OpenSea.”
FTX smashes crypto funding record with $900m raise to become exchange decacorn
20.7.2021
The crypto derivatives exchange has seen its valuation soar over the past year, reflecting the rapid growth of digital assets over the same period
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
CoinFund debuts $83M crypto startup fund
20.7.2021
“Blockchain-based networks will be distributed to billions of people globally through digital wallets,” said CoinFund CIO Alex Felix. “We’ve consistently positioned early in three core areas: verticals with early traction, the technology innovations that come next and the infrastructure on which...
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
Swiss State Secretariat Helps Blockchain Incubator Firm Set Up Base in South Africa
16.7.2021
Switzerland’s State Secretariat for Economic Affairs (SECO) is reportedly helping Crypto Valley Venture Capital (CVVC), a blockchain business incubator, set up an office in South Africa. According to SECO, this move fits with Switzerland’s policy of supporting private firms that seek...
Fantasy soccer NFT platform Sorare reportedly closing in on $532M in funding
15.7.2021
Sorare is reportedly closing in a half a billion dollar funding round with a valuation of at least $3.8 billion
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