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Nalezeno "round": 1195

CFTC Loses Round One: Kalshi Cleared to Offer US Election Bets


A federal judge this week sided with the prediction market Kalshi’s motion for summary judgment in its legal battle with the U.S. Commodity Futures Trading Commission (CFTC). This decision opens the door for U.S. citizens to place bets on the upcoming November election. However, the ruling isn’t...

Double Jump.Tokyo Raises Over $10 Million From SBI and Sony Group


Double Jump.Tokyo, a Japan-based Web3 gaming company, has secured over $10 million in its Series D first closing led by SBI Investment. The round, which had the participation of Sony Group Corporation and others, will allow the company to continue developing blockchain games and offering related...

AI Coding Tool Cursor Raises $60 Million at a $400 Million Valuation


Cursor, an artificial intelligence (AI) company that seeks to “create a magical tool with the aim of writing all of the world’s software,” has announced it has raised $60 million in its Series A funding round. The round had the participation of Andreessen Horowitz, Thrive Capital...

Declarative Blockchain Developer Essential Secures $11M Series A Round


Essential has successfully secured $11 million in Series A funding. The round was led by Archetype, with contributions from IOSG, Spartan, Mirana, Amber Group, Maven 11, Bodhi Ventures, Big Brain Holdings, Heartcore Capital, Selini, DCLM, and Propeller Heads, and others. This funding will...

You Should Give The Order: 1886 Another Chance


On August 7, it was announced that Ready at Dawn, the studio behind Facebook’s Oculus VR series Lone Echo, was shut down. It was a tragic, senseless end to a studio with an over 20-year history. Before it was bought by Facebook in 2020, Ready at Dawn primarily worked with PlayStation. It started...

US Bitcoin ETFs Draw $44.51M in Inflows; GBTC Sees Another Round of Outflows


While U.S. spot ether exchange-traded funds (ETFs) experienced outflows on Wednesday, bitcoin ETFs saw inflows totaling $44.51 million. Blackrock’s IBIT led with gains of $65.99 million, followed by Ark Invest’s and 21shares’ ARKB with $3.29 million. While Blackrock Captures...

Egyptian Fintech Unicorn Secures $157.5 Million In Latest Funding Round


The Egyptian fintech giant MNT Halan has raised $157.5 million to fund its regional expansion. Mounir Nakhla stated that MNT Halan’s planned international expansion will happen through mergers, acquisitions, and partnerships. MNT Halan Targets Pakistan The Egyptian fintech giant, MNT Halan,...

Bitlayer Secures $11M in Series A Funding Led by Franklin Templeton and ABCDE


Bitlayer Labs, the team behind a Bitcoin layer two (L2) solution utilizing the BitVM paradigm, has successfully raised $11 million in a Series A funding round led by Franklin Templeton and ABCDE. This investment elevates Bitlayer’s total funding to $16 million, bringing its valuation to $300...

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