A confidential UN report states that North Korea has been funding its nuclear and ballistics missile program through cryptocurrency stolen from exchanges. The report says that the country has stolen a...
Tag: Funding
Under 30 Asia Alum Launches AI Startup With Funding From Kai-Fu Lee’s Sinovation Ventures And ZhenFund
getty A Singapore-based startup that’s speeding up artificial intelligence computations through high-performance computing has attracted $4.7 million in venture capital, says founder and CEO You Yang....
Primex Finance Raises $5.7 Million in Seed Funding Led by CoinFund
Primex Finance, a decentralized prime brokerage liquidity protocol designed to offer opportunities to trade freely and earn interest, has announced that it raised a $5.7 million funding round led by C...
Fintech Firm Tribal Receives $60 Million Funding
B2B payments and financing platform for emerging markets, Tribal today announced that it has secured $60 million in a Series B funding round led by SoftBank Latin America Fund. Coinbase Ventures also ...
Trust Machines Secures $150 Million in Funding to Advance DeFi on Bitcoin
Vladislav Sopov Trust Machines, an ecosystem by Stacks founder Muneeb Ali, addresses using Bitcoin (BTC) as settlement layer for DeFi Contents Trust Machines completes $150 million round right after l...
Blockchain startups grow as global VC funding generated $25.2B in 2021
Last year was impressive for blockchain startups, as research from CB Insights found that venture capital funding reached new heights during every quarter of 2021. According to CB Insights’ “State Of ...
Wormhole restores hacked $300M through VC funding in largest ever DeFi bailout
The decentralized finance space experienced its first major setback of the year on 3 February when over $321 million in Ether were stolen from the cross-chain network Wormhole. While it was not the fi...
Blockchain-Based Firm Millicent Received UK Government Funding
UK-based blockchain company Millicent has received government funding in the form of a UK Research, and Innovation (UKRI) Innovate UK Smart Award. The project aims to assist in the nation’s strives to...
WNBA raises $75 million in first-ever funding round, valuing league at $1 billion
The WNBA on Thursday announced it completed its first-ever capital raise, bringing in a host of big-name investors including Nike and former U.S. Secretary of State Condoleezza Rice, as the league loo...
Millicent Stablecoin Platform Receives UK Government Funding: Details
Vladislav Sopov British DLT pioneer Millicent has been awarded R&D grant to advance the development of its digital finance network Contents Prestigious award for new-gen CBDC and stablecoin vision...
The British Government is Funding Stablecoin and CBDC Research
Key Takeaways The U.K. has awarded one of its most prestigious R&D grants to distributed ledger technology company Millicent. Millicent is working on a project centered around stablecoins and CBDC...
SoftBank Leads $60M Funding Round for B2B Payments Platform Tribal
Tribal Credit, a business-to-business payments and financing platform for emerging markets, has raised $60 million in a Series B funding round led by SoftBank Latin America Fund, with participation fr...
Bored Ape Creator Seeks Funding From Andreessen Horowitz at $5B Valuation: Report
Yuga Labs, the startup behind the popular Bored Ape Yacht Club NFT collection, is in financing talks with Andreessen Horowitz, according to the Financial Times. Yuga Labs is reportedly seeking to sell...
Solana Labs Riptide Hackathon to Dole Out $5M in Prizes, Seed Funding
In brief Riptide is Solana Labs’ 5th global hackathon. With the hackathon, Solana is looking to onboard new developers into its ecosystem. Surf’s up! Just in time for the return of the blockchai...
Kyoko Raises $3M in Private Funding Round Led by Animoca Brands
Advertisement     Kyoko.finance, a DAO-to-DAO credit provider and cross-chain GameFi NFT lending market is pleased to announce it has raised $3 million in its private ...
Dune Analytics Raises Meme Worthy $69,420,000 In Series B Funding Round
Dune Analytics – a free blockchain research tool – recently announced an additional $69 420 000 in funding. The round was led by Coatue – a global investment manager focused on tech. According to an a...
Crypto-focused media group Pixel Vault raises $100 million in funding
advertisement Pixel Vault, a decentralized crypto media group, announced Thursday that it raised $100 million in funding from the venture capital firms Velvet Sea Ventures and 01A. Pixel Vault intend...
Kyoko Raises $3 Million in Private Round Funding Led by Animoca Brands
February 2, 2022 – Singapore, Singapore Kyoko.finance (‘Kyoko’), the DAO-to-DAO credit provider and cross-chain GameFi NFT lending market for guilds and players, announced today that it has raised $3 ...
Solana (SOL) rallies amidst Phantom’s $109M funding round
The price of Solana (SOL/USD) has been on a bullish trend this week. The uptrend comes as the cryptocurrency market attempts a recovery. Over the past week, SOL’s price has gained by around 14.5%, fro...
Crypto start-ups raised huge venture funding rounds in January
A bitcoin sculpture made from scrap metal is installed outside the BitCluster cryptocurrency mining farm in Norilsk, Russia, on Sunday, Dec. 20, 2020. Andrey Rudakov | Bloomberg | Getty Images Cryptoc...
Solana-based Phantom Wallet Hits $1.2B Valuation Following a $109M Funding Round
Solana ecosystem wallet, Phantom, has recently raised $109 million in a Series B funding round led by the crypto venture capital firm, Paradigm. Phantom Hits $1.2 Billion Valuation With the latest cas...
FTX’s valuation reaches $32 billion after a $400 million funding round
FTX, one of the largest cryptocurrency exchanges, recently closed a funding round that increased its valuation to $32 billion. A Monday announcement noted that the exchange had raised $400 million in ...
Solana Wallet App Phantom Hits Unicorn Status With Series B Funding
In the latest Series B funding round, the Phantom wallet has raised a total of $109 million funding round on a $1.2 billion valuation. Paradigm Leads Phantom’s Series B As one of the premier wallet a...
Emergent Games Studio Announced with £4 Million Funding by Pluto Digital
Vladislav Sopov Maze Theory and Pluto Digital launch blockchain gaming venture Emergent Games to disrupt play-to-earn segment Gaming veterans Maze Theory and renowned cryptocurrency entrepreneurs Plut...
FTX Exchange Tops $32B Valuation with a $400M Series-C Venture Funding
FTX Derivatives Exchange has concluded its Series C funding round where it raised the sum of $400 million to increase its valuation to $32 billion. Investors who participated in the funding round as ...
Unizen CeDeFi Secures Funding from Jun Capital, Teases Crypto Non-Profit Launch
Vladislav Sopov Unique hybrid financial protocol will organize crypto-focused nonprofit together with VC major Jun Capital Contents Unizen raises funds from Jun Capital, launches nonprofit Common spac...
FTX exchange hits a $32B valuation following a new funding round
Bahamas-based crypto exchange FTX has hit a valuation of $32.00 billion (£23.80 billion) after completing its Series C funding round. The company unveiled this news through a press release earlier tod...
BTC On-Chain Analysis: Negative Funding Rates and Declining Open Interest
Today’s BeInCrypto on-chain analysis looks at two global market indicators: futures open interest and funding rates. These determine the overall health of the Bitcoin market and can serve as signals f...
Solana’s Phantom Wallet Raked In $109 million From Its Series B Funding
Phantom wallet, a Solana native tokens wallet, has just announced the completion of a Series B funding round in which it raised $109 million. The funding round which was led by Paradigm and had a16z V...
Bitcoin Funding Rates Remain Negative For More Than A Week
On-chain data shows the Bitcoin funding rates have mostly remained negative for more than a week now. If past trend is anything to go by, this may mean that a bottom could be near. Bitcoin Funding Rat...
Royal Caribbean may finally be confident enough to provide long-term financial guidance
Royal Caribbean Group looks poised to report the first billion-dollar quarter since the pandemic, and may finally be confident enough about the post-pandemic outlook to provide long-term financial tar...