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VC Roundup: NFTs, crypto mortgages, 5G network and Web3 devs raise millions
20.3.2022
From digital art to mortgages, blockchain technology is disrupting traditional industries — and attracting major investors to boot
Kenyans Lose Millions of Dollars to yet Another Cryptocurrency Scam: Bitstream Circle
20.3.2022
The masterminds behind the alleged cryptocurrency Ponzi scheme called Bitstream Circle are believed to have stolen more than $10 million in investor funds. The alleged theft became apparent on March 13, 2022, when some of the scheme’s investors encountered problems making withdrawals....
Member of St. Maarten’s Parliament Plans to Have His Entire Salary Paid in Bitcoin Cash
19.3.2022
On Saturday, the leader of the United People’s Party and member of St. Maarten’s Parliament, Rolando Brison, announced that he’s become the first elected official to request his entire salary paid in bitcoin cash. Brison believes St. Maarten can be the “Crypto Capital...
Optimism Raises $150 Million in Series B Funding Round Led by Paradigm and A16z
18.3.2022
Optimism, an L2 (Layer 2) rollup solution for Ethereum, has raised $150 million in its Series B funding round coming from big companies in the venture capital (VC) scene. The funding round was led by A16z and Paradigm, with the former also having invested during the previous funding round....
Japanese Fintech Firm Kyash Raises $41 Million, Jack Dorsey’s Block Participates in Funding
18.3.2022
A Tokyo-based financial technology company called Kyash has raised $41.2 million in a Series D funding round which saw participation from the Block (formerly known as Square). The investment into the Japanese mobile financial app firm is the Block’s first investment in the Asia Pacific...
DC Lobbying Group Expands to New York State Capital
17.3.2022
The crypto trade association’s new office in Albany will act as a foothold for state-level lobbying
Crypto Biz: Have you considered a career in crypto? March 11-17
17.3.2022
Companies like Visa and Nomura Holdings have set up dedicated crypto departments as they continue to embrace digital assets
Crypto Trader Dexterity Capital Launches Token Consulting, Market-Making Arm
17.3.2022
“DCLiquidity” aims to guide crypto founders through their project’s earliest days
Unchained Capital Discloses Data Leak at Email Marketing Partner
16.3.2022
The bitcoin-only financial services provider says none of its systems were compromised
MetaBlox Concluded the Seed Round, Plans for the Future
16.3.2022
PRESS RELEASE. Vancouver, Canada – MetaBlox has completed their seed round and have raised over $2 million ​​from some of the most highly regarded firms in Web3. The seed funding is co-led by Synergis Capital and CollabCurrency, followed by NFT Technologies, SNZ holdings...
Aptos, Led by Meta’s Ex-Employees, Gets $200 Million to Build a Scalable Blockchain System
16.3.2022
Aptos, a new startup created by some of Meta’s former employees involved in the Diem project, has announced it has raised $200 million for its upcoming goal of creating a scalable blockchain system. The investment, conducted in a strategic funding round, involves some well-known VC names...
Investors Inject $450 Million Into Consensys, Ethereum Incubator Now Valued at $7 Billion
15.3.2022
The Ethereum software firm Consensys has announced the incubator has raised $450 million in a Series D funding round led by Parafi Capital. The latest financing brings the company’s valuation to over $7 billion, following the $200 million Series C raise Consensys secured last November....
Bain Capital Crypto, Roasted for All-Male Twitter Photo, Adds Lydia Hylton as Partner
15.3.2022
The Redpoint Ventures alum will focus on “early-stage DeFi, Consumer, and DAO-focused applications and protocols” while at Bain
Report: Africa Fintech Startups Raised $2 Billion in 2021
15.3.2022
Africa’s fintech startups are reported to have raised $2 billion in the past year alone. This amount dwarfs the $231 million that was raised in the year 2020. Nigerian startups continue to account for the biggest share of funds raised by the continent’s fintechs in 2021. 2021...
Skybridge Capital Founder: Bitcoin Will Be Legal Tender in Many Latin American Countries
15.3.2022
The founder of Skybridge Capital has predicted that “bitcoin will be used by many Latin American countries as legal tender over time, not just El Salvador.” He recently doubled down on his $100K bitcoin price prediction but does not currently see the cryptocurrency as a hedge against...
Crypto quant firm Gauntlet valued at $1B following Series B
14.3.2022
The company has found a strong niche in the DeFi sector, with projects like Aave and Compound among its biggest clients
Cryptocurrencies against the ‘silent thief.’ Can Bitcoin protect capital from inflation?
13.3.2022
Rising inflation forces investors to look for defensive assets. What can the cryptocurrency market offer them?
6 Questions for Joe DiPasquale of BitBull Capital
13.3.2022
Crypto Biz: Goldman Sachs tip-toes into ETH, Mar. 4-10
12.3.2022
The megabank is offering investors access to Galaxy Digital's ETH fund, while a16z just splurged $70 million on an Ether staking protocol
Report: Billion-Dollar Hedge Fund Fir Tree Eyes Shorting the Stablecoin Tether
11.3.2022
The hedge fund Fir Tree Capital Management’s investors claim it has developed a method to short the stablecoin tether. A report notes that “clients of the firm” said the potential to reap big rewards from shorting the world’s largest stablecoin is great. Investors...