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PortuguêsMark Zuckerberg appears to have ignited a generational buzz around the Metaverse. Microsoft becomes the next trillion-dollar company to enter this space. This week’s Crypto Biz explores Microsoft’s Activision purchase,…
Continue ReadingDecentralized storage and computing network Aleph.im raised fresh funds to face Amazon Lambda as a decentralized alternative. The competition among the computing networks is warming up, with decentralized players coming…
Continue ReadingBitcoin startup Shakepay raised $35 million ($44 million CAD) in Series A funding round, valuing the company at $251 million. It’s another shake-up for the finance industry as Montreal-based Bitcoin…
Continue ReadingSince its inception in 2018, the firm has received a total of $44 million from institutional investors in two funding rounds. BlockFills, a digital asset electronic market making, trading and…
Continue Reading“With this funding, Secret Network and its partners aim to scale privacy-first, decentralized applications to global adoption by millions of users,” said Tor Bair, the Founder of the Secret Foundation.…
Continue ReadingThe company said it planned to use the funds to scale its NFT technology and hinted at a series of partnerships aimed at expanding its user base. The nonfungible token…
Continue ReadingAccording to Alphabet CEO Sundar Pichai, Africa will be home to 300 million new internet users in the next five years. Web3 and social games publisher Carry1st has raised $20…
Continue ReadingThe company said it planned to use the funds for expanding its existing product and service line in addition to exploring strategic acquisitions. Cryptocurrency individual retirement account and 401(k) provider…
Continue ReadingCompetitor blockchains, a slowdown in daily transactions and flat-lined TVL are a few challenges facing BNB, but data suggests Binance Coin is still a contender. Binance Coin (BNB) holders enjoyed…
Continue ReadingAn important part of being able to create and drive new innovation, crowdfunding is a broken system that bitcoin fixes. Crowdfunding is a powerful mechanism for innovation and supporting social…
Continue ReadingAnimoca Brands has announced the blockchain and cryptocurrency-focused firm has raised $358.8 million to bolster the non-fungible token (NFT) industry and “build the open metaverse.” The capital raise follows the…
Continue ReadingCrypto heavyweights including Three Arrows, DCG, Delphi Digital and Crypto.com Capital joined Hubble Protocol’s funding. The Solana (SOL) network is ready to see the mainnet launch for another decentralized finance…
Continue ReadingThe Hong Kong-based game software and venture capital firm will deepen its exposure to NFTs, gaming and metaverse projects. Hong Kong-based software and venture firm Animoca Brands has secured $358.8…
Continue ReadingStrong fundamentals, an influx of new users and a recently launched $300 million developer incentive are just a few reasons why ONE price is chasing a new all-time high. Bitcoin…
Continue ReadingThe cryptocurrency firm FTX has announced the launch of a $2 billion venture capital fund called FTX Ventures. The fund’s focus will be on advancing blockchain and Web3 technology alongside…
Continue ReadingLukka said it planned to use the funds for “aggressive growth and global expansion strategy” with its current customer base dealing in products related to the crypto space. Cryptocurrency accounting…
Continue ReadingThe South Korean blockchain hopes to fund its interoperability technology to create new cross-chain applications. The ICON Foundation announced plans to launch an interoperability incentive program for 200 million ICX,…
Continue ReadingOn Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement,…
Continue ReadingThe U.S. consumer price index reached a 40-year high in December, capping off a year of aggressive price increases. Fintech startup Seashell has raised $6 million in seed investments from…
Continue ReadingThe company confirmed its bet on the crypto space with its latest investment partners. Citadel Securities announced that VC firms Sequoia and Paradigm made a $1.15 billion combined minority investment…
Continue Reading“This funding will allow us to further develop our digital asset banking platform and strengthen our presence in global markets by attracting new talent,” says Guido Buehler, CEO of Seba…
Continue ReadingThe VC firm has thrown its weight behind several blockchain projects with a focus on Web3, decentralized finance and cross-chain capabilities. Binance Labs, the venture capital (VC) arm of the…
Continue ReadingLast year, the crypto community demonstrated its capacity to fight for a good cause, raise money and mobilize political support. From the very beginning of the cryptocurrency movement, the societal…
Continue ReadingSun Hung Kai reportedly became the biggest seller of new homes in Hong Kong in January 2022. Sun Hung Kai, one of the largest property developers in Hong Kong, continues…
Continue ReadingNonfungible token projects have raised billions of dollars in venture funding over the past year, underscoring heightened demand in the sector. Digital asset curator Metaversal announced Tuesday that it has…
Continue ReadingBinance‘s VC arm lea DeFi liquidity provider WOO Network’s $12 million Series A+ funding round. Decentralized finance (DeFi) liquidity provider WOO Network has secured additional funds in a Series A…
Continue ReadingCo-founded in 2018 by Chinese R&D expert Tang Hongbo, DeBank allows users to track 798 protocols across 17 chains. DeBank, a cryptocurrency wallet focused on decentralized finance (DeFi) solutions, has…
Continue ReadingJack Dorsey’s controversial views about venture capital and Web 3.0 triggered a flurry of responses on Twitter this week. When you’re no longer at the helm of a publicly-traded company,…
Continue ReadingPantera Capital’s Lauren Stephanian said the platform’s collateralization of NFTs could incentivize participation from institutional investors. Arcade, a platform that allows users to utilize nonfungible tokens (NFTs) as loan collateral,…
Continue ReadingShortly after rebranding from Anyswap last week, Multichain raised $60 million in a seed round led by Binance Labs. Binance Labs, the venture capital and incubation arm of Binance cryptocurrency…
Continue ReadingThe SBI crypto-asset fund consists of seven cryptocurrencies including Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash, Chainlink and Polkadot, none exceeding more than 20% in ratio. Tokyo’s biggest finserv firm, SBI…
Continue ReadingAs the Federal Reserve keeps inflating asset bubbles this holiday season, gifting your loved ones some BTC doesn’t sound like a bad idea. On Wednesday, the United States Federal Reserve…
Continue ReadingUpbit operator Dunamu plans to expand its joint NFT venture with South Korean entertainment firm HYBE. Dunamu, the operator of major South Korean cryptocurrency exchange Upbit, is progressing with blockchain…
Continue ReadingThe raise marks the first time investment giant KKR directly invests in a cryptocurrency firm. Major cryptocurrency custody bank Anchorage Digital has closed a fresh funding round, bringing its valuation…
Continue ReadingBTC and altcoins took a severe hit on Dec. 13, but derivatives data suggests traders are watching $46,000 as a signal of whether the current market structure will hold up.…
Continue ReadingThe company stated its goal is to enable access to Bitcoin financial services for everyday individuals. On Tuesday, New York Digital Investment Group, or NYDIG, a financial institution specializing in…
Continue ReadingOn December 10, the blockchain intelligence firm Chainalysis revealed that the company has added support for Bitcoin’s second-layer protocol the Lightning Network (LN). According to Chainalysis, firms like exchanges and…
Continue ReadingM12 adds early-stage Palm NFT Studio to its portfolio with participation from venture firm Griffin Gaming Partners. Crypto startup Palm NFT Studio announced a Series B raise of $27 million on…
Continue ReadingCrypto- and blockchain-focused capital raises continue to make headlines as venture funds look to support the emergence of Web 3.0. Bitcoin’s (BTC) return to sub-$50,000 levels has many market participants…
Continue ReadingTerra’s native cryptocurrency, LUNA, has emerged as one of the best-performing digital assets of the past 11 months. Hong Kong venture capital firm Chiron Partners has launched a new ecosystem…
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