Following the FTX and Alameda implosion, Willy Woo – a famous Bitcoin on-chain analyst – has raised concerns over the Binance insurance fund. According to Woo, Binance’s use of BNB coin as part of the...
Tag: Raises
T3rn Raises $6.5 Million in a Strategic Funding Round Led by Polychain Capital
November 25, 2022 – Berlin, Germany T3rn, the next-generation fail-safe multichain protocol, raised $6.5 million in a strategic funding round led by Polychain Capital, the world’s premier digital asse...
FTX stake in US bank raises concerns about banking loopholes
The bankruptcy proceedings of cryptocurrency exchange FTX have revealed many new aspects of its unethical practices. The latest revelation around its stake in one of the smallest United States banks f...
t3rn raises $6.5 million as multichain prepares for the ‘future of Web3’
Interoperability across smart contracts is becoming more important as the crypto market moves towards a multi-blockchain environment. Given the need for cross-chain programming, t3rn, a fail-safe mul...
t3rn Raises $6.5M in a Strategic Funding Round Led By Polychain Capital
Berlin, Germany, 25th November, 2022, Chainwire Berlin, Germany, November XX, 2022 – t3rn, the next-generation fail-safe multichain protocol, raised $6.5m in a strategic funding round led by Polychain...
Willy Woo Raises Concerns On “BNB-Backed” Binance SAFU Fund
Popular on-chain analyst Willy Woo raised concerns over Binance’s Secure Asset Fund for Users (SAFU) Insurance Fund. He believes it’s not safe to put “incidence-correlated BNB” in the SAFU fund. Willy...
Cardano Community Raises Red Flags on Two Projects: Details
According to a recent announcement, Cardano-based projects Ardana and Orbis are grinding to a halt. Both projects cited funding constraints and uncertain conditions; more surprising is the coincidence...
Involvement Of Banks Raises Questions
Beleaguered crypto exchange FTX’s connection with Tether remains in question as the banks used by both companies are run by the same person. FTX’s Alameda Research invested $11.5 million in Farmington...
Polkadot-based protocol t3rn raises $6.5 million: Exclusive
t3rn, a Polkadot-based blockchain interoperability protocol that aims to facilitate cross-chain transactions, has raised $6.5 million in a strategic funding round. Polychain Capital led the roun...
Blockchain VC funding halves in October despite some strong raises
Blockchain venture capital inflows sharply decreased in October from the previous month. According to Cointelegraph Research, the number of individual deals dropped from 93 to 69 monthly. The Cointele...
DeFi protocol raises $10M from Bitfinex, Ava Labs despite turbulent market
The ongoing crypto bear market has proven itself to be a builders market as investments continue to find projects with promise. Onomy, a Cosmos blockchain-based ecosystem, just secured millions from i...
Cosmos-based DeFi protocol Onomy raises $10 million: Exclusive
Onomy, a Cosmos-based decentralized finance protocol, has raised $10 million in a private token funding round. The round was backed by investors including Bitfinex, GSR, Ava Labs, CMS Holdings a...
Nucleo Raises $4 Million Seed Round to Build Privacy Crypto Infrastructure for Organizations
Seed Round Led by Bain Capital Crypto and 6th Man Ventures with Participation from Leading Privacy Networks including Aztec, Aleo, and Espresso Systems NEW YORK–(BUSINESS WIRE)–Nucleo, the first priva...
50 Billion MATIC Transaction Raises Eyebrows
MATIC was one of the few cryptocurrencies to register high gains prior to the FTX fall. The crypto market’s doom, however, has now pulled Polygon back to the pre-rally levels. Polygon (MATIC) price r...
Web3 and VR gaming studio Thirdverse raises $15 million in latest funding round
A company making a blockchain game based on the popular 80s football manga Captain Tsubasa raised $15 million in its latest funding round. Tokyo-based web3 and VR gaming studio Thirdverse receiv...
The Hideaways raises over $2M to revolutionize property investment
Investors in the real estate market are competing to acquire digital tokens that can be used to purchase high-end properties. The Hideaways (HDWY) represents a groundbreaking application of crypto th...
NFT utility platform Tropee raises $5 million led by Tioga Capital: Exclusive
European web3 firm Tioga Capital led a $5.1 million (€5 million) seed investment in NFT utility platform Tropee. Crypto founders such as The Sandbox’s Sébastien Borget, Exclusible’s...
Employers plan largest raises since 2007 — is it enough?
Show me more money. Employers are planning to bump up salaries by an average of 4.6% next year — the most since 2007, according to a new Willis Tower Watson (WTW) survey of 1,550 U.S. companies. More ...
Heroic Story raises $6 million for Web3 RPG
Heroic Story, which is a Web3 game protocol, announced on November 17 that it has successfully completed a startup financing round in the amount of $6 million. The funding round was headed by Upfront ...
Veax, a DEX On NEAR, Raises $1.2M Pre-seed Amidst Global CeFi Breakdown
Web3 venture builder, Tacans, introduces today their latest project, traditional finance (“TradFi”) empowered by decentralized exchange (“DEX”) on the Near protocol, Veax. Harnessing the robustness ...
Matter Labs Raises $200M to Scale Ethereum With zkSync Solution
The development team behind Ethereum scaling solution zkSync, Matter Labs, has just raised a fresh $200 million. Blockchain Capital and Dragonfly co-led the Series C round and was joined by Variant, ...
A Dormant Ethereum Whale Raises Its Head
Join Our Telegram channel to stay up to date on breaking news coverage An Ethereum whale address holding 500 ETH has suddenly made a move after over seven years. Data from Whale Alerts shows that the ...
FIFPRO’s Jonas Baer-Hoffmann Raises The Alarm Bell Over Player Workload Yet Again, Questions Human Rights Legacy Of The World Cup.
PARIS, FRANCE – MAY 10: Secretary General of FIFPRO, Jonas Baer-Hoffmann speaks on stage during the … [+] Global Sport Week – Day Two at AccorHotels Arena on May 10, 2022 in Paris, F...
Matter Labs Raises $200M For Its zkSync Mission
The raised funds would be pushed into the development of the platform’s zkSync V2 rollup network to reduce fees and increase transaction speeds on Ethereum. $200 Million Raised In Series C The Ether...
Heroic Story raises $6 million to bring tabletop RPGs to web3
Heroic Story, a web3 gaming and entertainment studio, has raised $6 million in a seed round led by Upfront Ventures. Investors in the round, which brings the startup’s total financing to date t...
Colombia-based crypto platform Zulu raises $5 million seed round
Bogota, Colombia-based crypto wallet app Zulu has raised $5 million in a seed round as it seeks to expand its user base in Latin America. Early-stage venture capital firm Cadenza Ventures led t...
Anode Labs raises $4.2 million to build web3 energy grid
Development company Anode Labs has raised $4.2 million in a seed round to build a decentralized network that will pay individuals and small businesses for their energy storage assets. The round...
TamaDoge New P2E Tamagotchi Drops – Toon Finance DEX Swap Raises 2.8 MIL
There is always a lot going on in the world of cryptocurrencies and meme coins in particular. One moment a coin is up, then it’s down, and then you factor presale and DEX swaps into the mix, you know ...
Ethereum Layer 2 Wars: StarkNet Launches STRK Token, zkSync Raises $200M
Ethereum layer 2 scaling solution creator StarkWare has deployed its STRK token on the Ethereum mainnet. Meanwhile, zkSync developer Matter Labs raised $200 million. Ethereum layer 2 scaling solution ...
zkSync developer Matter Labs raises $200M, commits to open-sourcing platform
Matter Labs, the developer behind the Ethereum Virtual Machine-compatible zkSync, has received major industry backing as it pledges to fully open-source its platform — marking the first such initiativ...
Blockchain Developer Matter Labs Raises $200M in Series C Funding
Matter Labs, the team behind zkSync, a layer-2 scaling solution built on the Ethereum network, announced Wednesday the close of a $200 million Series C funding round. The firm also stepped up its secu...