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Funding Roundup: Derivatives and Defi Draw a Fresh Influx of VC Firms and Private Investors
4.5.2021
As blockchain technology disrupts traditional industry standards, the list of progressive investors willing to stake their money has increased significantly. Leveraging this ongoing investment trend, both upcoming and ongoing projects are attracting millions of dollars from private investors...
Dapper Labs-backed NFT avatar platform raises $65M in funding
4.5.2021
Avatar developers Genies are set to launch an NFT marketplace on Flow later this year after closing a Series B funding round with $65 million
Nas brags about Coinbase and crypto wealth in new track with DJ Khaled
3.5.2021
Nas’ stake in Nasdaq-listed crypto exchange Coinbase is estimated around $40 million
Phuture Raises $1.5m in Seed Funding to Launch Indexing Protocol on Ethereum
3.5.2021
PRESS RELEASE. Phuture, a decentralised protocol built for the creation and investment of passive index strategies in a Web3 environment, today announced that it has completed its private seed round fundraise. The round, led by Ascensive Assets, raised a total of $1.5 million. Once live, Phuture...
Coinbase Now Allows Millions of Customers to Buy Cryptocurrencies With Paypal
30.4.2021
Cryptocurrency exchange Coinbase now allows its U.S. customers to buy cryptocurrencies with Paypal. Millions of customers can now purchase up to $25,000 a day of cryptocurrencies with their Paypal accounts. Coinbase Adds Paypal as Funding Source for Users Coinbase announced Thursday that Paypal...
PayPal crypto partner Paxos raises $300M
29.4.2021
The new funding round included PayPal Ventures, Declaration Partners, Mithril Capital and Senator Investment Group
Tim Draper-backed crypto derivatives exchange raises $18M
28.4.2021
Globe Derivative Exchange prepares to launch its platform next month by raising $18 million for a token sale
Bitcoin funding rate flips negative after $48K retest — Was it a bear trap?
24.4.2021
Bitcoin price is more than 20% away from its all-time high, but the current negative funding rate on BTC futures might give bulls a unique advantage
First Digital Trust announces $2.15M funding for Asian digital payments service
22.4.2021
The funding will be used to develop debit and credit card payment rails in Asia
Early Tesla investor Baillie Gifford invests $100M in Blockchain.com
21.4.2021
Big tech investor Baillie Gifford has backed the largest single investment in major crypto wallet service Blockchain.com
Nigeria Money Printing Controvesy: CBN Governor’s Remarks Attacked, Government Denies It Financed Deficit via Money Printing
21.4.2021
The fallout sparked by reports that the Central Bank of Nigeria (CBN) printed over $150 million for states’ funding continued a few days after the allegations were initially made. In the latest twist, the opposition People’s Democratic Party (PDP) vice-chairman Dan Orbih said the...
Peak fear? Bitcoin funding rates crash to lowest levels in 7 months
18.4.2021
The funding rate of Bitcoin dropped to a level unseen since September 2020, signaling fear in the market
Bitcoin price drops to $52K, liquidating almost $10B
18.4.2021
Fears of regulatory moves come as a brief hash rate crash from a Chinese power blackout already begins to rebound
BENQI Closes $6M Round to Create Algorithmic Liquidity Market on Avalanche
14.4.2021
PRESS RELEASE. BENQI, a liquidity market operating on the Avalanche network, has completed a private funding round. A total of $6 million was raised in a round led by Ascensive Assets. A number of leading investors on blockchain and the emerging Avalanche ecosystem also participated. These include...
The Money Roundup: Making Cents of Blockchain Fundraising News
14.4.2021
From crypto trading to defi, the most exciting areas in blockchain fintech development and innovation are attracting serious investments from all industry corners. To introduce more tools and complementary services to the ecosystem, the recipients of these capital allocations are endeavoring...
NYDIG raises $100 million and launches 'Bitcoin-powered' insurance initiative
8.4.2021
The investment services firm said its new global head of insurance solutions would be spearheading the effort
Retail traders become 'sitting ducks' as sell-off triggers $1.4B liquidation
7.4.2021
Retail traders have been using high leverage throughout the current bull market, but that's not the real reason for today's market-wide sell-off
Whale clusters suggest that this key Bitcoin level can trigger an explosive rally
6.4.2021
Bitcoin whale clusters show $57,046 and $60,045 are the crucial support and resistance levels in the short term
Mark Cuban, Snoop Dogg, Metakovan & More to Judge NFT Funding Contest
6.4.2021
Source: A screenshot, soundventures.com
The increasingly crypto-keen Dallas Mavericks chief Mark Cuban is set to return to the investment pitching arena – in a non-fungible token (NFT)-themed Shark Tank-style contest, along with a galaxy of fellow star judges.
Joining Cuban in the judging panel...
Crypto industry got more funding in Q1 2021 than all of last year: report
5.4.2021
Three companies in the crypto and blockchain industry have already raised $1.1 billion this year