Axelar, which happens to be a prime entity related to infrastructure projects which offer safe and secure interchain communication, has officially announced putting aside an amount of $60 million in t...
Tag: Raises
Bear market likely to last in 2023 as Fed raises interest rates higher
A brutal year for the U.S. stock market is coming to an end, but investors hoping to see a brighter 2023 may be out of luck. Although hopes of moderating inflation and the prospect of smaller interest...
DeFi protocol Pods raises $5.6M to support its structured crypto products dApp » CryptoNinjas
Pods, creators of a DeFi platform, announced today that earlier this year, the team raised $5.6M in seed funding to create structured products for crypto-assets. The financing featured investors such ...
AMC highlights strong opening weekend for ‘Avatar: The Way of Water’, raises $162 mln through APEs
AMC Entertainment Holdings Inc. AMC, -8.00% says that “Avatar: The Way of Water” has enjoyed a strong opening weekend, with U.S. and global admissions revenue and food and beverage revenue...
Decentralized market maker Arrakis Finance raises $4 million: Exclusive
Arrakis Finance, a decentralized market-making protocol, raised $4 million in a seed funding round. Investors included Uniswap Labs Ventures, Accel, Polygon Ventures and Robot Ventures. There wa...
Binance’s beacon chain transaction record and balance raises suspicion
As revealed today by blockchain data, 22 million unregistered BNB tokens are reportedly sitting in a live wallet with no transactional record. A blockchain analyst opined that this could be caused by ...
Web3 Privacy Layer Aztec Raises $100 Million in Series B Funding Round to Produce an Encrypted Version of Ethereum – Privacy Bitcoin News
Aztec, a Web3 privacy layer, has raised $100 million in a Series B funding round led by the Andreessen Horowitz subsidiary a16z crypto. The organization, which already offers privacy-based services fo...
Kevin O’Leary Responds to CZ’s Liar Claims, Raises Questions
In a CNBC interview, Shark Tank investor Kevin O’Leary defended his role as a spokesperson for the bankrupt crypto exchange FTX. O’Leary also reacted to CZ’s claim that he was a liar. According to O’L...
Glassnode Raises Concerns Over Binance PoR Data, Was There A Mistake?
Binance, as one of the leading crypto exchanges, tried to exhibit transparency in its operations, especially on the security of customers’ funds. This led it to publish its proof of reserve (PoR) repo...
Crypto company Amber raises $300 Million to address FTX damage
According to recent reports, the Singapore-based cryptocurrency trading firm Amber Group has raised $300 million to tackle the disgrace of the fallen crypto exchange FTX. Funds raised for clients suff...
Asset Management Firm Raises $70 Million Amid Crypto Winter
Cryptocurrency exchange-traded products are gaining traction due to their benefits to investors. These products expose investors to the crypto market without owning the underlying asset. Investing in ...
Amber raises $300 million to laser focus on institutional clients
Amber Group has raised £300 million in a Series C funding round led by Fenbushi Capital US. Amid the carnage of collapsing crypto firms across the sector, Amber Group is looking to buck the trend with...
Amber Group raises $300M to recover from FTX contagion
Amber has completed a new $300 million Series C funding round, led by blockchain-focused venture capital company Fenbushi Capital US, the firm announced on Twitter on Dec. 15. The new funding round co...
ECB Raises Interest Rates by 0.5 Basis Points to Curb Inflation
12 seconds ago | 2 mins read Bitcoin News European Central Bank’s benchmark interest rate will rise to 2% from 1.5%. The bank has signaled that it plans to increase interest rates further. The Europea...
Embattled crypto lender Amber Group raises $300 million
Singapore-based crypto lender Amber Group today announced a $300 million fundraise that comes amid layoffs and refocusing at the company. Amber said in a tweet that it had closed a Series C roun...
Germany’s Formal Buy of F-35s Raises a Pressing Question; Can Lockheed Martin Deliver the Airplanes on Time?
German Chancellor Olaf Scholz (SPD) stands in front of an F-35 stealth jet at the International … [+] Aerospace Exhibition (ILA). (Photo by Wolfgang Kumm/picture alliance via Getty Images) dpa/p...
The Fed raises rates again
Yesterday the Fed announced yet another rate hike. In reality, not only was it a widely expected hike, but also its magnitude, namely 50 basis points, was perfectly in line with expectations. Nevert...
Federal Reserve raises interest rate by 0.50 percentage point to curb inflation and sees steeper hikes ahead
WASHINGTON – The Federal Reserve is going slower but aiming higher. The Fed raised its key short-term interest rate by half a percentage point Wednesday, dialing back from recent outsize hikes as it d...
Bitcoin sinks 3.2% as Fed raises interest rates by 50 basis points
The Fed raised interest rates by 50 basis points (bps) following the Dec. 14 Federal Open Market Committee (FOMC) meeting. This brings the Federal Funds Rate to 4.25-4.5%. Bitcoin reacted with an imme...
Fed raises interest rates half a point
The Federal Reserve on Wednesday raised its benchmark interest rate to the highest level in 15 years, indicating that the fight against inflation is not over despite some promising signs lately. Keepi...
Bitcoin slips below $18,000 as Federal Reserve raises interest rates by 50 basis points
The U.S. Federal Reserve raised the federal funds rate by 50 basis points, increasing it to a range of 4.25% to 4.5%, the highest since 2007. Today’s interest rate decision was largely exp...
Fed Raises Rates Another 50 Basis Points—Signals More Hikes To Come Next Year
Topline The Federal Reserve on Wednesday eased up on its most aggressive economic tightening campaign in three decades, raising interest rates by 50 basis points (after four consecutive three-quarter ...
Dash 2 Trade Next 10x Crypto Raises $9.5 Million – Best Cryptocurrency to Buy Now?
Join Our Telegram channel to stay up to date on breaking news coverage Despite the fact that we are currently in the midst of a bear market, the Dash 2 Trade presale is growing rapidly. Let’s take a l...
Finterest Raises $1.5 Million Seed Round to Build Crypto Lending Protocol
Investors Include Polychain and 9Yards Capital to Support Finterest’s Mission of Bringing Transparency to the Blockchain UNION CITY, Calif.–(BUSINESS WIRE)–Finterest, the first crypto lending protocol...
Bankman-Fried Arrest Day Before Congress Testimony Raises Eyebrows
Former FTX CEO Sam Bankman-Fried won’t appear before Congress on Tuesday after all, considering his arrest, disappointing the head of the House Financial Services Committee and piquing curiosities acr...
New Math Startup Nillion Raises $20M From Over 150 Strategic Contributors
[Pr – New York, New York, 12th December, 2022, Chainwire] Investors bet on new internet infrastructure that the Founding Team of Uber, Indiegogo and Hedera Hashgraph think could create the next crypto...
Bitcoin Miner Terawulf Raises $10M in Fresh Capital to Pay Down Debt, Restructures Deal With Bitmain – Mining Bitcoin News
On Monday, Dec. 12, 2022, the Maryland-based bitcoin mining company Terawulf announced that the firm has raised $10 million in capital to pay down debts. The firm also said that it restructured a deal...
Maker of web3 adoptable dogs from ‘outer space,’ Dogami raises fresh $7 million
Dogami, a web3 game that enables players to adopt and raise virtual dogs, raised $7 million in a seed extension round. The fundraise was led by European venture capital firm XAnge. Other backer...
CORRECTING and REPLACING Amidst the Bear Market, New Math Startup Nillion Assembles ‘Avengers Team’ and Raises $20m+ From Over 150 Strategic Contributors Without a Deck
Investors bet on new internet infrastructure that the Founding Team of Uber, Indiegogo and Hedera Hashgraph think could create the next crypto bull run NEW YORK–(BUSINESS WIRE)–Tenth paragraph, eighth...