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Web3 Fundraising Fell 70% Per Quarter Last Year, Female Startups Receive 6.3%: Bitget
11.1.2024
Source: AdobeStock / Rafael Henrique Cryptocurrency exchange Bitget has released a report on blockchain funding across 2022 and 2023 highlighting the latest trends including gender disparities in the present VC ecosystem. In a Jan 11 release, the exchange revealed that blockchain startups have...
Blockchain Association to Elizabeth Warren: Crypto Can Potentially Disrupt or Compete With ‘Too Big to Fail’ Banks
11.1.2024
The Blockchain Association has rejected U.S. Massachusetts Senator Elizabeth Warren’s claims that former security officials collaborating with it seek to weaken the country’s “ability to catch and prosecute America’s enemies.” According to the nonprofit organization, ex-U.S....
Hedera-Based Tune.FM Raises $20M for Artist-Friendly Web3 Music Platform
10.1.2024
Tune.FM provides musicians with a platform to receive micropayments for streaming in its native JAM token (JAM)
Nigerian Payments Fintech Startup Cleva Secures $1.5 Million in Pre-Seed Funding
10.1.2024
The Y Combinator-backed Nigerian fintech startup has reportedly raised $1.5 million in pre-seed funding. Tolu Alabi, the CEO of Cleva, expressed confidence in her and fellow co-founder Philip Abel’s ability to navigate the competitive fintech market, citing their background as a factor that counts...
Cameroonian Fintech Startup Koree Secures $200,000 in Pre-Seed Funding
9.1.2024
The Cameroonian fintech startup Koree recently secured $200,000 in pre-seed funding which was led by the co-founder of the Nigerian payments company Duplo. The fintech said it will use the funds raised to launch a marketplace that rewards users for the purchases they make. Users Rewards...
Bitcoin Bullish Bets Costlier Than Ever as Funding Rates Hit Record 66%
2.1.2024
Data tracked by Matrixport show global average perpetual funding rates rose to a record 66% annualized early Monday
Long Crypto Traders See $190M in Losses as Bitcoin Retreats After Apparent Mt.Gox Repayments
27.12.2023
Some $45 million stemmed from altcoin futures in an unusual move – with bitcoin accounting for a relatively lesser $36 million in liquidations
Long Crypto Traders See $190M in Losses as Bitcoin Retreats After Apparent Mt.Gox Repayments
27.12.2023
Some $45 million stemmed from altcoin futures in an unusual move – with bitcoin accounting for a relatively lesser $36 million in liquidations
Crypto Accounting and Tax Reporting Platform TRES Raises $11M to Add New Blockchains
20.12.2023
TRES currently services clients with combined assets worth $19 billion, helping them manage, monitor and reconcile their digital asset activity across over 100 layer-1 and layer 2-blockchain networks
Elizabeth Warren Opposes Blockchain Lobbying Efforts, Writes Letter to Association – What’s Going On?
19.12.2023
Source: YouTube/Senator Elizabeth Warren Sen Elizabeth Warren has opposed the growing cryptocurrency lobbying efforts in Washington calling on all stakeholders to support regulations to clamp down on terrorist financing amid other concerns. In a letter addressed to the United States Blockchain...
Lolli Secures $8M in Series B Funding to Boost Crypto Adoption Through Innovative Rewards System
14.12.2023
With a fresh infusion of $8 million in Series B funding, Lolli aims to be well positioned to continue improving upon and growing the cryptocurrency rewards sector. Lolli Secures $8 Million for Crypto Rewards Market Expansion Lolli, a prominent player in the bitcoin and cashback rewards arena, today...
Bitcoin's 4% Drop Cools Overheated Funding Rates, Data Show
11.12.2023
Funding rates for major tokens, including BTC, have normalized to below 0.1%, indicating an exit of over leveraged bulls
Bitcoin Project Babylon Raises $18M to Bolster Development of Staking Protocol
7.12.2023
The fundraise was led by Polychain Capital and Hack VC and included contributions from Framework Ventures, Polygon Ventures, Castle Island Ventures and OKX Ventures
We Neither Bank Justin Sun nor Finance Hamas — Circle Chief Strategy Officer
2.12.2023
USDC stablecoin issuer Circle neither “finances Hamas” nor does it bank Tron blockchain founder Justin Sun, the fintech firm’s chief strategy officer has asserted. Although Circle had past business dealings with Sun, this ended in February 2023 when it terminated his accounts...
Decentralized Infrastructure Provider Grove Raises $7.9M
30.11.2023
Decentralized infrastructure is the use of blockchain technology and token incentives to build physical networks so other projects don't need to incur the costs of buying and running their own equipment
Blockchain Messaging Platform Wormhole Raises $225M at $2.5B Valuation
29.11.2023
Wormhole, which was recently separated from parent Jump Trading Group after it scaled back its crypto operations, is a developer platform which allows different blockchain networks to communicate with each other
Digital Asset Platform Coinchange Raises $10M to Scale API Yield Service
29.11.2023
The funding round was led by G1.VC, Spirit Blockchain, Good News Ventures, K2.CA and Atoia Ventures, with Mintfox also participating
Tron Blockchain Founder Justin Sun Rejects Reports Linking His Protocol to Terror Funding
29.11.2023
Tron blockchain founder Justin Sun has rejected suggestions that his protocol is increasingly being used by terrorist organizations. Sun said Tron’s top priority remains maintaining decentralization as well as making sure users’ assets remain safe. A new report suggests that between...
A16z Backs Web3 Consumer App Setter in $5M Seed Round
28.11.2023
Setter aims to address "the complexity and unfriendliness of current wallet technologies," making entry into Web3 a seamless experience for more users
No ‘mass exodus of funds’ following Binance-DOJ settlement — Nansen
22.11.2023
Roughly 24 hours following the announcement of a settlement with U.S. officials, Nansen reported Binance’s total holdings increased to more than $65 billion