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6 Questions for Chen Li of Youbi Capital
3.4.2022
Layerzero Labs Secures $135 Million to Bolster Cross-Chain Interoperability
1.4.2022
Layerzero Labs, the firm behind the interoperability protocol Layerzero, has revealed the company has raised $135 million in a Series A+ finance round led by Andreessen Horowitz (a16z), FTX Ventures, and Sequoia Capital. The new financing brings Layerzero Labs’ overall valuation to...
Blockchain.com's value rockets to $14B after new funding round: Reports
31.3.2022
Blockchain.com has secured a staggering $14 billion valuation after raising an undisclosed amount in funding from global VC firms
Gumi Cryptos Reveals $110 Million Fund Targeting Early-Stage Blockchain Startups
31.3.2022
On March 30, Gumi Cryptos Capital (GCC), announced the blockchain-focused venture capital firm’s second fund that will invest $110 million in early-stage blockchain startups. The second fund follows GCC’s initial $21 million fund that backed seed stage founders. Gumi Cryptos Capital...
Helium Becomes Nova Labs After Raising $200M in Fresh Capital
30.3.2022
COO Frank Mong said the firm wanted to make a clear distinction between the parent company and the network itself
DeFiance Capital, Delphi Digital Co-Lead $6M Round for ‘Crypto Raiders’ NFT Game
30.3.2022
The makers of the Polygon-based role-playing game prefer the term “play-to-own” over “play-to-earn.”
Dapper Labs, Ether Capital Headline Newly Formed Canadian Web3 Council
29.3.2022
The 11-member non-profit trade association includes issuers of financial products, exchange platforms, open-source blockchain projects, investors and more
Pro Trader-Focused NFT Marketplace Blur Secures $11 Million in Seed Round Led by Paradigm
29.3.2022
On March 28, the non-fungible token (NFT) marketplace Blur announced the company has raised $11 million in a seed round led by Paradigm. The NFT marketplace Blur says the startup is focused on building an institutional-grade NFT market that’s made “for pro traders.” Blur Raises...
Institutional crypto funds see largest capital inflows for 3 months
29.3.2022
The data from CoinShares shows a weekly inflow of $193 million, with more than half of that figure going to Bitcoin alone. Solana is also getting attention and broke a record in the process
UAE Venture Capital Firm Launches $100 Million Seed Fund for Blockchain and Crypto Projects
26.3.2022
Cypher Capital, a United Arab Emirates (UAE)-based venture capital (VC) firm, has announced the launch of a $100 million seed fund that will primarily avail funding to decentralized finance (defi), gamefi, and metaverse projects. Mentoring of Entrepreneurs A United Arab Emirates (UAE)-based venture...
Crypto Biz: Do you believe in Ethereum killers? Put your money where your mouth is, March 18–24
25.3.2022
Grayscale Investments is giving accredited investors an easy path to investing in alternative smart contract platforms, including Cardano and Solana
Abu Dhabi Global Market Regulatory Arm Unveils Document Proposing Changes to Virtual Asset Regulations
24.3.2022
The Financial Services Regulatory Authority (FSRA), a regulator in the United Arab Emirates (UAE)’s financial center and free zone, the Abu Dhabi Global Market (ADGM), has released a consultation paper that proposes amendments to regulations that govern the use of virtual assets. Regulator...
Bottomed out? MINA rises 75% nine days after hitting its worst level to date
24.3.2022
A $92 million token sale round, Coinbase listing, and an overall crypto market rebound boosted MINA's massive upside move
Former Polychain GP unveils $125M crypto fund with DAO governance ambitions
23.3.2022
The fund will invest in blockchain projects specializing in L1 solutions, privacy technology, DeFi, gaming, NFTs and crypto social
Crypto investor Katie Haun raises $1.5 billion for Web3 venture fund
23.3.2022
The largest-ever venture fund for a solo female partner will invest in Web3 projects through two funds, a $500 million early-stage fund, and a $1 billion acceleration fund
DeFiance Capital founder loses $1.6M in hot wallet hack
22.3.2022
The hackers took on one of the biggest names in DeFi, but may have bitten off more than they could chew as "Arthur_0x" warned, “you messed with the wrong person.”
The rise of crypto analytics: Data provider The TIE valued at $100M following Series A
21.3.2022
As more institutions look to trade digital assets like Bitcoin and Ether, data analytics is becoming increasingly important
Makerdao Dev Insists Defi Protocol Should Leverage Real World Assets to Scale
20.3.2022
On March 16, the protocol engineer at Makerdao and co-founder of the software and design firm Bellwood Studios, Hexonaut, announced a proposal to use real world assets (RWAs) in order to scale the decentralized finance (defi) protocol Makerdao. Hexonaut insists the bull market was good,...
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....