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$75M Blockchain Founders Fund II backs portfolio of P2E and Web3 projects
24.1.2022
Even as crypto markets succumb to bearish pressure, venture capital funds are deploying millions of dollars into blockchain startups
Spellfire Oversubscribed Twice, a Staggering $3.8M Raised
20.1.2022
Spellfire Re-Master the Magic, a modern take on classic collectible card games, has completed its private funding round, raising a staggering $3.8 million. Leading investors DAO Maker and Shima capital, are joined by Genblock, IBC group, Faculty group, IBA, Maven Capital, Autonomy Capital...
Opensea Acquires Dharma Labs, Co-Founder Is Named New CTO
20.1.2022
Opensea, one of the biggest NFT marketplaces globally, recently announced it is acquiring Dharma Labs. The price is believed to be between $110 million and $130 million. As a result of the new agreement between the two companies, Nadav Hollander, a co-founder at Dharma Labs, will become the...
Web 3.0 needs more users, not more investors
20.1.2022
Projects need to focus on making products that attract non-crypto users in order to drive innovation and maturity in Web 3.0
Gate.io Ventures Capital Investment in Seba Bank
20.1.2022
Gate Ventures – digital finance exchange, Gate.io’s venture arm – has announced its involvement with SEBA Bank’s Series C round, worth $119 million, in association with Altive. Established in 2018, SEBA Bank is a digital bank licensed under FINMA (Swiss Financial Market Supervisory...
SCRT Labs Launches $400 Million Fund to Bolster Privacy Network’s Ecosystem and Application Layer
19.1.2022
On Wednesday, the Secret Network announced the launch of a $400 million fund in order to expand the application layer and provide grants to ecosystem participants that accelerate user adoption. The market capitalization for the network’s native token SCRT is the third-largest privacy-centric...
Tom Brady's NFT platform Autograph raises $170M to scale operations
19.1.2022
The company said it planned to use the funds to scale its NFT technology and hinted at a series of partnerships aimed at expanding its user base
a16z, Google lead $20M investment in Africa Web3 game publisher Carry1st
19.1.2022
According to Alphabet CEO Sundar Pichai, Africa will be home to 300 million new internet users in the next five years
Reflex Capital Ondřeje Fryce investuje desítky milionů do startupu PPC Bee
19.1.2022
Český nástroj na automatizaci reklamy PPC Bee hlásí nového spolumajitele. Desítky milionů Kč do firmy vložil fond Reflex Capital investora Ondřeje Fryce
Blockchain Firm Animoca Brands Raises $358 Million to Enhance Web3 and the Metaverse
18.1.2022
Animoca Brands has announced the blockchain and cryptocurrency-focused firm has raised $358.8 million to bolster the non-fungible token (NFT) industry and “build the open metaverse.” The capital raise follows the firm’s previous $65 million and $138.88 million raises last year...
Blossom Capital’s Newly Launched $432 Million Fund to Focus on Crypto Startups
18.1.2022
Blossom Capital, the London-based venture capital firm founded by Candice Lo, Imran Ghory, Mike Hudack, and Ophelia Brown plans to dedicate more funds to the growing cryptocurrency ecosystem. On January 18, Blossom announced a new fund worth $432 million, and a third of the capital will...
NFT-focused Animoca Brands valued at $5B following $358M raise
18.1.2022
The Hong Kong-based game software and venture capital firm will deepen its exposure to NFTs, gaming and metaverse projects
Lucrosus Capital Launched $LUCA – Decentralized Venture Capital (DeVC)
18.1.2022
PRESS RELEASE. The cryptocurrency market in the last months has witnessed the enormous success of promising valuable blockchain projects. Nevertheless, even investors from traditional markets are starting to detect the real potential of cryptocurrencies. They pour vast amounts of funds into...
FTX Launches $2 Billion Venture Capital Fund Focused on Bolstering Blockchain, Web3 Adoption
14.1.2022
The cryptocurrency firm FTX has announced the launch of a $2 billion venture capital fund called FTX Ventures. The fund’s focus will be on advancing blockchain and Web3 technology alongside investments in “social, gaming, fintech, software, and healthcare.” FTX Reveals...
Near Foundation Raises $150 Million to Bolster Web3 Adoption
14.1.2022
On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than...
Former CFTC chair Giancarlo joins CoinFund as an adviser
13.1.2022
Giancarlo has been a vocal supporter of cryptocurrencies and CBDCs and has called for a “do no harm approach” to blockchain regulation
Georgia Goes After Crypto Miners Using Subsidized Electricity in Historic Town
13.1.2022
A record high consumption of electricity blamed on illegal crypto farms in northwestern Georgia has caught the attention of authorities in the capital Tbilisi. The central government and the local utility are taking on the issue of dealing with power shortages in the mountainous region of Svaneti....
Crypto heavyweights back inflation-resistant savings protocol
13.1.2022
The U.S. consumer price index reached a 40-year high in December, capping off a year of aggressive price increases
Billionaire Jeff Gundlach Expects Recession This Year, Advises Against Buying Bitcoin
12.1.2022
Doubleline Capital CEO Jeffrey Gundlach, also known as the “Bond King,” has warned about “a recession in the later part of this year.” He also advised against buying bitcoin at the current level. “Maybe you should buy it at $25,000,” he said. Billionaire...
Binance Labs backs $200M Oasis Ecosystem Fund
11.1.2022
The VC firm has thrown its weight behind several blockchain projects with a focus on Web3, decentralized finance and cross-chain capabilities