There’s been a spike in the global adoption of blockchain technology, so several companies and organizations are now exploring the potential of the technology through many approaches. Hence, there’s a...
Tag: Funding
Blocto Wallet Closes Series A Funding Backed by Mark Cuban, Valuation Rallies by 700%
Vladislav Sopov Blocto cross-chain cryptocurrency ecosystem successfully completes another funding round supported by VC heavyweights Contents Blocto completes Series A round, secures funding from Mar...
Biden taps former Mastercard executive Banga to lead World Bank
The White House announced Thursday that President Joe Biden has decided to nominate Ajay Banga, a former CEO of MasterCard, to lead the World Bank In a statement, Biden said that Banga will be able to...
Bed Bath & Beyond stock falls again, has plunged more than 70% during a 12-day stretch in which it has declined 11 times
Shares of Bed Bath & Beyond Inc. BBBY, -7.12% took a 6.8% beating Thursday, which put them on track for a third-straight loss and a seven-week closing low. The stock has shed 16.6% over the past t...
Coinbase unveils its Ethereum Layer 2 network that won’t have a token
Coinbase is officially jumping into the Layer 2 game. The crypto exchange giant unveiled Base, a testnet version of its new Ethereum Layer 2 network, at ETHDenver. Modeled on Ethereum’s Go...
Ethereum Foundation announces Q4 2022 funding of $4.37m
The Ethereum Foundation has released a list of their Q4 granters who provided funds for various courses, including Web3 support in Uruguay, community educational talks, workshops, and more. Donations ...
Web3 database developer Polybase raises $2 million in pre-seed funding
Deals • February 22, 2023, 9:01AM EST Published 30 minutes earlier on Polybase, a crypto startup developing a privacy-focused decentralized database, raised $2 million in a pre-seed funding round. ...
Norfolk Southern’s stock extends selloff, and one analyst turns bullish
Shares of Norfolk Southern Corp. have fallen enough — when compared with those of other railroad operators and the broader stock market — to create a “compelling entry point” for investors, according ...
Sequoia, Multicoin co-lead $6M funding for Solana-based crypto payments startup TipLink
TipLink, a crypto payments platform built on the Solana blockchain, raised $6 million in a seed funding round. Sequoia Capital and Multicoin Capital co-led the round, with Solana Ventures, Circl...
a16z and DWF Labs lead $13.8m YGG funding round
DWF Labs, the investment arm of cryptocurrency trading platform Digital Wave Finance (DWF), has taken the lead along with Andreessen Horowitz’s a16z Crypto fund in a $13.8m token purchase from the tre...
Women-Led Web3 Startups Raise 4X Less Funding Than Those With Male Founders
For women, navigating male-dominated industries has always been a struggle, but that doesn’t necessarily stop them from entering and attempting to build a successful brand. The male-dominated world of...
African Fintech Startups Raised $1.45 Billion in 2022 — Sector’s Share of the Continent’s Total Funding Drops – Fintech Bitcoin News
Despite seeing their share of Africa’s startup funding drop from 48.3% seen in 2021 to 43.4% in 2022, fintech still managed to raise 39.3% more capital in 2022 ($1.45 billion) than they did in 2021 ($...
Bed Bath & Beyond falls toward 8th-straight loss, the longest such streak in 3 months
Shares of Bed Bath & Beyond Inc. BBBY, -6.74% sank 6.5% in afternoon trading Thursday, to put them on track for an eighth straight decline. The losing streak comes after the stock rocketed 92.1% o...
Singapore Fintech Funding Booms, Crypto Maintains Lead : Report
Singapore Fintech Funding: Fintech investment in Singapore has reached its high in the last 3 years with a total investment of over U.S. $4.1 billion that came from 250 deals closing according to fres...
Prevu3D raises $10 million in a funding round led by Cycle Capital
Prevu3D happened to have been successful in securing a loan amount of $10 million through a Series A round. This was duly led by Cycle Capital. It also brought in some of the previous investors of the...
Multi-chain Option Protocol Optix Secures $1.8M In Funding Round As It Launches
Advertisement     Protocol for multiple-chain options Optix is very grateful for the substantial investment boost it has received from a number of prestigious venture ...
Crypto Firm Taurus Completes $65 Million Funding Round Led by Credit Suisse, Deutsche Bank
Taurus SA – a Swiss entity that provides an infrastructure to issue, custody, and trade cryptocurrencies – raised $65 million to improve its platform and expand internationally. Major monetary instit...
Occidental Petroleum stock surges after Warren Buffett’s Berkshire Hathaway discloses boosting stake to 28%
Shares of Occidental Petroleum Corp. OXY, +2.44% rallied 1.8% in afternoon trading Tuesday, after Warren Buffett’s Berkshire Hathaway Inc. BRK.B, -0.94% BRK.A, -0.84% disclosed that it increased its s...
Avaya files for bankruptcy, about 5 years after emerging from previous bankruptcy
Avaya Holdings Corp. said Tuesday that it and all of its U.S. subsidiaries filed for bankruptcy, a little more than five years after emerging from its previous bankruptcy. The business communication c...
Bitcoin funding rates go negative, know the reason
Over the past few weeks, the crypto market has been experiencing a significant shift as investor caution sets in. Bitcoin, the largest cryptocurrency by market capitalization, has seen its funding ra...
Beyoncé Backed Hydration Company, Lemon Perfect, Bags Nearly $37 Million In Latest Funding Round
Yanni Hufnagel is the founder and CEO of Lemon Perfect. Lemon Perfect Lemon Perfect, has raised another $36.8 million in its latest equity deal, according to an SEC filing, just one year after the Atl...
Digital Asset Protection Firm Coincover Secures $30 Million in Funding Round
The digital asset security business Coincover, which has its headquarters in London, raised a total of $30 million in funding in a round that was headed by Foundation Capital and included a follow-on ...
Dymension Secures $6.7 Million in Funding to Enhance Scaling in Cosmos (ATOM) Ecosystem
Vladislav Sopov Besides successfully closing strategic funding round, Dymension unveils public testnet for all crypto enthusiasts Contents Dymension protocol raises $6.7 million, launches public testn...
Crypto lender Salt makes comeback with $64.4 million funding
The crypto winter and FTX collapse have decimated the ranks of cryptocurrency lenders. Genesis, BlockFi, Voyager Digital and Celsius Network all filed for bankruptcy in the past seven months, and the ...
UK blockchain carbon offset platform raises $45M in seed funding
According to a press release published on Feb. 8, blockchain carbon credit transaction network Carbonplace has secured $45 million in an investment round from its nine founder banks with a combined $9...
Sesame Labs Launches Marketing Platform for Web3 Companies with $4.5 Million in Funding
Co-Led by Wing Venture Capital and Patron, the seed round will be used to bring the platform to market SAN FRANCISCO–(BUSINESS WIRE)–Sesame Labs, a Web3 marketing platform that equips Web3 marketers w...
12 tips to help crypto and blockchain companies win VC funding
It’s no secret venture capitalists react to prevailing market conditions when making decisions, and amid global economic uncertainty, entrepreneurs from across industries are finding that VC funds are...
Opinion: No ‘soft landing’ is in the cards from Fed rate hikes. Look for recession and a buying opportunity once stock prices decline.
Is the bear market of 2022 over? Are we already in the early innings of the next great bull market? The S&P 500 SPX, -0.16% finished 2022 with a 19% decline (its biggest pullback since 2008). Mean...