NYDIG has appointed global head of trading Tejas Shah as its new CEO The bitcoin-forward financial services firm raised $1 billion in December at a $7 billion valuation Despite bearish macro trends, i...
Tag: Raises
Amazon’s deal spree raises ‘No. 1 question’ from investors, tech analyst says
Amazon (AMZN) has telegraphed to investors and the world that deals are key to its future, but those transactions create antitrust risks — and investors are taking notice, Jefferies analyst Brent Thil...
NYDIG raises $720M as Bitcoin balance hits all-time high
The bear market has not deterred one of the biggest Bitcoin (BTC) bulls. The balances of the New York Digital Investment Group, or NYDIG, hit record highs in Q3 of this year. Plus, a United States Sec...
Blockchain Protocol XDC Raises $50M for Ecosystem Expansion
XinFin Digital Contract (XDC), a blockchain protocol focused on real-world global trade and finance applications, has secured $50 million in funding to boost its ecosystem development. According to t...
Pro-Russian Group Raises $400K in Crypto to Support Russian Military Actions
Pro-Russian groups are raising funds through cryptocurrencies to support Russian military operations as Russia’s invasion of Ukraine continues, CNBC reported on Oct. 3. Since the war started on ...
Crypto checking account provider Juno raises $18 million and launches token
Juno, a Singapore-headquartered crypto firm that provides checking accounts in the U.S. has raised $18 million in a Series A funding round and launched a native token as part of its tokenized loyalty ...
Neo-Banking Crypto Startup Juno Raises $18M in Series A Funding Round
Juno, a crypto digital banking firm based in India, announced on Saturday that it has raised $18 million in a Series A funding round led by ParaFi Capital’s Growth Fund. Other participants also includ...
Kenyan Central Bank Raises Key Rate by 75 Basis Points – Emerging Markets Bitcoin News
The monetary policy committee of the Kenyan central bank recently revealed it increased the central bank rate by 75 basis points from 7.5% to 8.25%. Justifying its decision to act, the committee cites...
Web3 and Crypto Checking Account Startup Juno Raises $18M, Airdrops Reward Token JCOIN – Finance Bitcoin News
Juno, the Singapore-based Web3 crypto firm that offers customers checking accounts tied to crypto assets, has raised $18 million in a Series A financing round led by Parafi Capital. The fresh capital ...
Crypto Banking Platform Juno Raises $18M in Series A Funding
This round was led by ParaFi Capital’s Growth Fund, and included well-known crypto industry figures such as Coinbase Chief Product Officer Surojit Chatterjee, Messari’s Ryan Selkis, Polygon̵...
Latin American NFT startup Minteo raises $4.3 million to Introduce Region to Web3
Diverse and Notable Investors Include Fabric Ventures, Dune Ventures, CMT Digital, and OpenSea Ventures, Among Others BOGOTÁ, Colombia–(BUSINESS WIRE)–Minteo, a Latin American-based NFT marketplace wi...
Tyler Hobbs’ QQL NFT Project Raises Nearly $17M in Successful Mint
The project, which allows NFT collectors to act as co-creators of artwork through the QQL algorithm, sold out of its mint passes offered at a modified dutch auction on Archipelago. Essentially, a Dutc...
The Problem Tornado Cash Raises About Base Layer Censorship on Ethereum
On an otherwise quiet day last month, the crypto industry woke up to big news – the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) added 45 public Ethereum addresses to the s...
Pundit Raises Fresh Censorship Concerns With Ethereum PoS
– Advertisement – A pseudonymous market watcher recently raised concerns about censorship with Ethereum’s PoS, especially with the use of MEV-boost. Ethereum’s transition to a PoS networ...
Bitcoin Off Lows as Bank of England’s Bond Market Intervention Raises Hopes for Fed Pivot
The BOE, Fed, and other major central banks poured billions of dollars into the financial system via QE in the aftermath of the coronavirus-induced crash of 2020, triggering an unprecedented bull run ...
Amazon Raises Hourly Wages at Cost of Almost $1 Billion a Year
(Bloomberg) — Amazon.com Inc. announced a pay increase for hourly workers in the US that it says will take average starting wage for most front-line employees in warehousing and transportation t...
Strike Raises $80 million to Battle Other Payment Services Providers – crypto.news
Strike plans to gain massive adoption to become the most effective payment method in the world, outperforming both Visa and MasterCard as far as everyday payments are concerned. Strike’s Official Anno...
Ethereum co-founder raises concerns over ETH’s centralization post-Merge
After the successful Merge upgrade that transitioned Ethereum (ETH) to the Proof-of-Stake (PoS) protocol, the second-ranked crypto by market cap is projected to grow in terms of value and adoption. Ho...
Crypto hardware wallet maker OneKey raises $20 million in Series A funding
OneKey, a crypto hardware wallet maker based in Hong Kong, has raised around $20 million in a Series A funding round. Announcing the news on Twitter on Wednesday, OneKey said the round was led by Drag...
Solana tech developer Coral raises $20M, plans to launch ‘xNFT’ protocol
Solana ecosystem developer Coral has closed a $20 million investment round backed by some of crypto’s biggest venture funds, setting the stage for the launch of its new interactive wallet later this m...
Fidenza Creator Tyler Hobbs Raises $16.75M on QQL NFT Drop
Key Takeaways Artists Tyler Hobbs and Dandelion Wist have breathed new life into the NFT market. Mint passes for their new collection, QQL, dropped in a Dutch auction today that closed at 14 ETH and n...
HK-Based Hardware Wallet Maker OneKey Raises $20m in Series A Funding
A Hong Kong-based crypto hardware wallet maker has raised around $20 million in a Series A funding round. OneKey announced on Twitter that the funding round was led by Dragonfly and Ribbit Capital. Ot...
Bitcoin Payments Company Strike Raises $80 Million in Series B Round
Bitcoin payments company Strike has raised $80 million in a Series B funding round. Venture capital firm Ten31, which focuses on Bitcoin companies, led the round but Washington University in St. Loui...
Upstart Crypto Carbon Credits Platform Raises $2B to Tap ‘Internet of Energy’
No partnership has raised even close to $2 billion for a series of market-making products that feature both asset classes Tokenized carbon credits feature aspects of structured products, commodities a...
Crypto-focused MPC developer raises $40M
Multi-party computation (MPC) developer MPCH Labs has concluded a Series A funding round totaling $40 million ahead of the planned launch of its Fraction digital asset operating platform later this ye...
Blockchain Infrastructure Project Eclipse Raises $15m To Build ‘Universal Layer-2’
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Jack Mallers’ Crypto Payment Firm Strike Raises $80M
“Enabling a cheaper, faster and open payment network with some of the biggest financial institutions in the world isn’t fast and easy, but it’s happening. Every company that’s in the business of movin...
Decentralized Data Warehouse Space and Time Raises $20 Million And Launches On Microsoft Azure Soon
Bridging the gap between real-world data and smart contracts remains an intriguing proposition. Space and Time, recently securing $20 million in funding from Microsoft’s M12 and investors such as Poly...
Institutional DeFi Platform dAMM Raises $2M in Private Token Sale Round
Institutional DeFi lending platform dAMM Finance has completed a private token sale round of $2 million, the company has announced. Participants in the round include Prismatic, WOO Network, LedgerPrim...
Strike Raises $80 Million to Revolutionize Bitcoin Payments
– Advertisement – Global Payments Facilitator, Strike, Has Raised $80 Million Funding To Advance Innovative Payment System For Consumers And Merchants. Strike raised $80 million to further...