Blockchain focussed company Aptos Labs announced Monday that it had secured $150 million in funding to build cutting-edge technologies to improve blockchain and web3 experience for developers, the com...
Tag: Raise
Sen. Lindsey Graham introduces legislation to raise mandatory pilot retirement age to 67
A pilot views a departure board at Newark Liberty International Airport (EWR) in Newark, New Jersey, on Monday, Jan. 3, 2022. Christopher Occhicone | Bloomberg | Getty Images As the country’s pi...
Why does the Fed raise interest rates? And how do those hikes slow inflation?
As Americans brave record inflation, the Federal Reserve is continuing its efforts to rein in prices by jacking up interest rates. The release of the Consumer Price Index earlier this month revealed t...
SenseTime defied US sanction to raise capital in Hong Kong. Where does it go from here?
For years, Xu Li toiled with millions of lines of computer codes to establish an artificial intelligence (AI) system to empower manufacturing, enhance surveillance and enrich social matrix. Then in Oc...
Hashflow DEX Managed to Raise $25 million in Funding
Decentralized trading platform, Hashflow, will use the funds for team expansion, scale and launch more structured products. Fundings and investment slowed down a bit yet remained unaffected even durin...
Biogen Stock Falls Despite A ‘Fine’ Report And Guidance Raise — Here’s Why
Biogen‘s (BIIB) second-quarter report was “fine,” according to one analyst. But without an update on its strategy for life after Aduhelm, Biogen stock fell. X The company is at a tur...
Valkyrie Aims to Raise $30 Million; Is Crypto Investment Rout Over?
Crypto asset manager Valkyrie is set to raise $30 million for its venture capital arm, reported TechCrunch. Valkyrie has reportedly hired Lluis Pedragosa to lead the new Valkyrie Ventures with his inv...
Crypto exchange FTX is in talks to raise more funding, Bloomberg reports
FTX, the crypto exchange giant founded by Sam Bankman-Fried, is in talks to raise fresh funding, Bloomberg reported on Wednesday. The firm is seeking a similar valuation to January, when it raised $4...
FTX and FTX.US Looking to Raise New Funds after Acquisition Campaign
FTX Derivatives Exchange and its American subsidiary FTX.US are exploring the options to raise new sets of funds after the duo injected the bulk of the funds they raised earlier in the year into suppo...
FTX Seeks to Raise More Funds, Targets Flat Valuation From January (Report)
The leading cryptocurrency exchange – FTX – and its American affiliate – FTX US – are reportedly looking to secure additional funding. T At the beginning of the year, the trading venue, spearheaded by...
Reddit users raise concerns over the exchange’s financial situation
The crypto community has been raising concerns over Coinbase’s financial situation amid the bear market. Coinbase was among the first exchanges to announce laying off staff. Some of the exchange’s act...
NFT fraud fighters Optic raise $11 million in seed funding round
NFT authentication company Optic today announced an $11 million seed funding round, led by early-stage VC fund Kleiner Perkins and Pantera Capital. Greylock Partners, Lattice Capital, OpenSea, Circle,...
Crypto Exchange FTX Reportedly Plans to Raise Fresh Funds After Acquisition Spree
Sam Bankman-Fried’s cryptocurrency exchange FTX is planning to raise fresh funds after its recent acquisition spree amidst the crypto bear market, Bloomberg reported Wednesday, citing people familiar ...
FTX in talks to raise funds amid spending spree to prevent contagion
Sam Bankman-Fried-led FTX and its US division FTX US are in talks to raise new funds, Bloomberg News reported July 20. The crypto exchange reportedly seeks to raise an amount at the same valuation as ...
Central African Republic Intends to Raise $1 Billion By Creating SANGO, Its National Digital Currency
– Advertisement – The Central African Republic will raise one billion dollars by releasing first-of-its-kind digital money, known as the “SANGO.” By releasing the first national digital ...
Why the Fed won’t raise interest rates by 100bps next week, according to Goldman Sachs
The Federal Reserve will stop short of unleashing its inflation-fighting bazooka when it meets to decide the fate of interest rates later this month, economists at Goldman Sachs think. “This sof...
How A New California Law Will Raise The Cost Of Consumer Goods Nationwide
California Gov. Gavin Newsom (AP Photo/Rich Pedroncelli, File) Copyright 2022 The Associated Press. All rights reserved Governor Gavin Newsom (D-Calif.) has been promoting the checks worth up to $1,05...
CoinFLEX outlines plan to recover $84 million, raise capital from new investors
Crypto exchange CoinFLEX has begun arbitration proceedings in Hong Kong to recover $84 million in losses from a client, it said in a blog post today. The company paused withdrawals last month after Co...
OpenSea users raise concern after platform blacklists $27M worth of NFTs
OpenSea, a leading marketplace for non-fungible tokens, has blacklisted NFTs worth more than $27 million. These NFTs include top collections such as Azuki, Bored Ape Yacht Club (BAYC), CloneX, Moonbir...
Israeli Crypto Company Etoro Lays Off 100 Workers, SPAC Deal Terminated, Company Eyes Private Raise – Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
The Chinese Unit of Sequoia Capital to Raise $9 Billion for New Funds (Report)
Sequoia Capital’s Chinese subsidiary will reportedly secure $9 billion for four new funds. Those will be distributed towards supporting fintech and cryptocurrency startups in China. According to a cov...
Sun Cable Taps Macquarie, Moelis To Raise $21 Billion To Fund World’s Longest Undersea Power Cable
Solar panel on dramatic sunset sky background, Alternative energy concept getty Sun Cable—backed by Australian billionaires Mike Cannon-Brookes and Andrew Forrest—has appointed Macquarie Capital and M...
Token Aims to Raise Funds for Algae Biomass Protein Farms
Algaecoin is an asset-backed token that wants to help fund sustainable algae projects. The world now has its first blockchain-based algae biomass project. It is built on the Tezos blockchain, which is...
Europe’s Central Bank To Raise Warning Over Crypto Laws
The European Commission (EC) has already shown its concern over the need for strict crypto regulation. In this bid, the European Central Bank (ECB) will be issuing a warning to the Eurozone countries ...
Falling Commodity Prices Raise Hopes That Inflation Has Peaked
A slide in all manner of raw-materials prices—corn, wheat, copper and more—is stirring hopes that a significant source of inflationary pressure might be starting to ease. Natural-gas prices shot up mo...
Asset-Backed Token Raise to Support the Build of Algae Biomass Protein Farms
SIT is the world’s first blockchain-based algae biomass project offering. The project will be built utilising patented sustainable technology to deliver a pioneering green investment opportunity. Car...
Bitcoin Plunges Below $20,000 Again As ECB Gears Up To Raise Rates ‘At A Faster Pace’ ⋆ ZyCrypto
Advertisement     On Wednesday, Bitcoin fell as low as $19,899 following a risk-off by investors after a volatile New York session on Tuesday. Ethereum dipped by over ...
Chinese electric vehicle maker Li Auto to raise $2B in US stock offering
The Li One electric car from Li Auto is displayed at the Moonstar Global Harbor shopping mall in Shanghai, China, May 10, 2021. Costfoto | Barcroft Media | Getty Images Chinese electric vehicle maker ...
Morgan Stanley, BofA raise dividends after the 2022 bank stress test
The Federal Reserve (Fed) board undertook its annual bank stress test on June 23, 2022, which shows if banks have strong capital levels. The test results showed that banks continue to have strong capi...
Morgan Creek Digital to Raise $250m, Balancing BlockFi’s Bailout from FTX
Bailing out the crypto lending platform BlockFi has become one of the most significant endeavours for early investors in the company such as Morgan Creek Digital. According to an exclusive Coindesk re...