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DeFi Data Firm API3 Raises $4M in Funding Round Led by DWF Labs
29.5.2024
API3, a service that provides DeFi data feeds to blockchain-based smart contracts without relying on a third party, has raised $4 million in a funding round led by DWF Labs.
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NodeOps Raises $5 Million in Seed Round to Transform Node Infrastructure
28.5.2024
NodeOps has secured $5 million in seed funding led by L1D with participation from Blockchain Founders Fund and Finality Capital to enhance and simplify blockchain node deployment and management.
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Elon Musk's xAI secures $6B in bid to rival ChatGPT by end of year
27.5.2024
Despite an eight-year headstart, xAI’s Grok could become a chatGPT competitor by the end of 2024, according to Musk
Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain
23.5.2024
Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development
Plume, Layer-2 Blockchain for Real-World Assets, Pulls $10M in Seed Funding from Haun, Galaxy
23.5.2024
Plume plans to make it possible for people to easily – and compliantly – bring real-world assets (RWAs) like real estate and collectibles onto blockchains
VCs dump $125M into new AI music platform — Can we all become beat makers?
23.5.2024
Will we all soon be able to produce high-quality beats? VC investors seem to think this is the case as millions are poured into new AI music creation platform Suno
Decentralized Social Protocol Farcaster Raises $150M in Funding Round Led by Paradigm
22.5.2024
Decentralized social media protocol Farcaster has raised $150 million in a funding round led by Paradigm with participation from venture capital fund 16z crypto, Haun, USV, Variant, Standard Crypto and more.
The post Decentralized Social Protocol Farcaster Raises $150M in Funding Round Led...
Farcaster Secures $150M in Funding, Reaches $1B Valuation With Backing From Paradigm
22.5.2024
Farcaster, a decentralized social media platform leveraging the Ethereum blockchain and Optimism’s Layer two ecosystem, has successfully raised $150 million in a funding round led by Paradigm, bringing its valuation to $1 billion. The funds will be used to sustain the project’s...
4 reasons why Bitcoin was a buy below $70K
21.5.2024
Technical chart patterns suggest that Bitcoin could see more upside momentum in the following weeks, mirroring previous bull cycles
Crypto Startup Funding Hits $2.4 Billion in Q1
20.5.2024
Crypto startup funding rose to $2.4 billion in the first quarter of 2024, driven by expectations of lower interest rates and the launch of the first U.S. bitcoin spot exchange-traded funds (ETFs), according to Pitchbook data. This funding, spread across 518 deals, marked a 40.3% increase from...
62 Crypto Projects Raise $474M in 20 Days, Led by Sophon and Securitize
20.5.2024
According to the latest data, 62 blockchain or cryptocurrency projects have collectively raised $474 million over the past 20 days of May. Leading the charge, the entertainment-focused blockchain project Sophon garnered $60 million in a node sale, with Securitize following closely, raising...
PitchBook Report: Crypto Fundraising Soars to $2.4B in Q1 2024 with Over 500 Deals
19.5.2024
The crypto market has experienced a significant surge in fundraising, reaching a whopping $2.4 billion in the first quarter of 2024, fueled by a shift in market sentiment and fresh inflows.
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Animoca Brands leads $7M funding round for Param Labs
16.5.2024
The lack of Web3 gaming infrastructure remains the biggest hurdle for mainstream adoption, according to Param Labs' CEO
Humanity Protocol Achieves Unicorn Status with $30 Million Funding, Valuation Reaches $1 Billion
16.5.2024
Humanity Protocol has achieved unicorn status following a recent funding round that raised $30 million, resulting in a valuation of $1 billion.
The post Humanity Protocol Achieves Unicorn Status with $30 Million Funding, Valuation Reaches $1 Billion appeared first on Cryptonews
Egyptian Fintech Startup Secures $3.5M in Seed Funding Round
16.5.2024
The Egyptian fintech startup Mnzl plans to enhance its lending technology and expand its operations using the $3.5 million raised in a seed funding round. Co-founder Sameh Saleh said the startup seeks to empower families by providing financial leverage and contributing to broader economic...
Humanity Protocol Raises $30M at $1B for Decentralized Identification to Rival Worldcoin
15.5.2024
While Worldcoin's technology is based on iris scans, Humanity Protocol uses palm prints
Billionaire Peter Thiel’s Venture Capital Firm Leads Polymarket’s $45 Million Series B Funding Round
15.5.2024
Billionaire Peter Thiel’s Founders Fund recently led the Series B funding round for the crypto-based prediction markets platform, Polymarket, which raised $45 million. The latest round valued Polymarket lower than the $1 billion it had anticipated before the Commodity Futures Trading Commission...
Spencer Farrar, Partner at Theory Ventures, on Web3 Venture Capital, Funding, and Strategy | Ep. 334
14.5.2024
Spencer Farrar, a Partner at Theory Ventures, discusses the recent difficulty of raising capital, how the Theory team managed it, the necessity for projects to have an edge that makes them unique and attractive to investors, the importance of thorough research and understanding the market, and...
Peter Thiel's Founders Fund invests $70M in election betting platform
14.5.2024
Amid increasing U.S. regulatory scrutiny, popular crypto-based betting platform Polymarket secures funding to expand its global operations despite restrictions
Peter Thiel's Founders Fund, Vitalik Buterin Back $45M Investment in Polymarket
14.5.2024
The series B funding round comes during a breakout year for the crypto-based prediction market platform, and brings its total funding close to $75 million