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Crypto-focused enterprise payment platform Tribal Credit raises $60M
3.2.2022
Crypto-facilitated cross-border payments services are gaining traction in Latin America — a region that has become a hotbed for the cryptocurrency industry
Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise
3.2.2022
The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last August when Dune Analytics raised $8 million. With the Series A and B combined, the firm has been...
Silvergate Capital Purchases Diem Operations to Develop Own Stablecoin
3.2.2022
Silvergate Capital, an investment firm that is the parent company of the Silvergate Bank, acquired the technology and assets of Diem, the formerly Facebook-backed stablecoin payment system. The payment totaled $182 million. The technology and assets acquired will reportedly be used for the launch...
Thailand Relaxes Tax Rules for Crypto Investors, Scrapping 15% Withholding Tax
3.2.2022
Thailand has relaxed tax rules for cryptocurrency investors, scrapping its planned 15% withholding tax. “The revenue department did a lot of homework and reached out to crypto operators as well to get feedback … It is much more friendly to both investors and the industry,” said...
Thailand scraps 15% crypto capital gains tax following public backlash
1.2.2022
The Thai Revenue Department had initially intended to tighten oversight of cryptocurrency trading after seeing substantial market growth
Solana’s Phantom Raises $109 Million in a Series B Fundraise Obtaining Unicorn Status
1.2.2022
On Monday, the team behind the Solana Web3 wallet platform Phantom announced it had raised $109 million in a Series B fundraise. The crypto company is now a Unicorn with a post valuation of $1.2 billion in value. Solana Web3 Wallet Phantom Raises $109 Million The Phantom wallet team has raised $109...
FTX Raises $400 Million in Series C Fundraise, Firm Reaches $32 Billion Valuation
31.1.2022
Following the company’s subsidiary FTX US raising funds in its first Series A financing round, parent company FTX Trading Ltd. has announced it has secured $400 million in a Series C fundraise. The crypto company’s latest financing round brings the firm’s post-money valuation...
Solana ecosystem wallet Phantom raises $109M
31.1.2022
Phantom, the cross-platform Solana wallet built for DeFi and NFTs, achieved unicorn status after attaining a $1.2 billion valuation
Crypto Biz: Ripple takes the high road, Jan. 20-26
27.1.2022
Ripple's ongoing battle with the SEC isn't stopping the blockchain payments company from carving out a stronger position in the market
Crypto tax calculator CoinTracker valued at $1.3B following $100M raise
27.1.2022
Crypto tax reporting was a contentious topic in the U.S. last year as Congress passed the Infrastructure Investment and Jobs Act
FTX US Raises $400 Million in Series A, Trading Platform’s Valuation Now $8 Billion
26.1.2022
On January 26, the crypto asset exchange FTX US revealed it raised $400 million in a Series A financing round stemming from investors like Softbank, Paradigm, and Multicoin Capital. The Series A investment in FTX US brings the U.S.-based trading platform’s post valuation to $8 billion....
Why crypto industry needs venture capital: Q&A with veteran investor
25.1.2022
With so many crypto projects being launched, founders are now looking beyond “traditional” crypto fundraising options
HotForex Granted License by the Capital Market Authority (CMA) of Kenya
25.1.2022
The Capital Market Authority, CMA, of Kenya has granted the license to HotForex. This is an addition to the list of regulators who have already approved the functioning of HotForex in their respective countries. HotForex’s approval by the Capital Market Authority of Kenya further strengthens...
Oman Invites Bids From Firms Interested in Creating Regulatory Framework for Virtual Assets
25.1.2022
Authorities in the Middle Eastern state of Oman have asked specialized companies, interested in helping the country set up a regulatory framework for virtual assets, to submit their proposals. Interested companies need to submit their proposals no later than March 23, 2022. Process Divided Into...
The Winners of Metaverse Alliance 2021 Global Metathon
24.1.2022
PRESS RELEASE. Lasting for two months, the largest Metaverse Hackathon (called Metathon) organized by Metaverse Alliance and LD Capital has officially ended on January 21, 2022, PST. Over 100 contestants took part, with nearly 280 developers from 13 different countries engaged. To ensure...
$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...