NFT Startup Immutable Lays off Staff Despite Boasting of Growth Plans

Australian tech startup Immutable has laid off a number of employees, including senior designers, just months after securing a $200 million funding round. CNET revealed that despite staff cuts and war...

PayPal veteran Jim Magats is named CEO of MX, the startup that connects banks and fintech players

Jim Magats, former PayPal executive who is being named CEO of the startup MX Photo: Tom Cook MX, the startup competing against Plaid to help connect financial institutions and fintech players, is nami...

Unique Move-to-Earn Fitness Startup beFITTER Discloses Mainnet Launch

Advertisement &nbsp &nbsp beFITTER, a unique move-to-earn platform that focuses strictly on health and fitness has disclosed its mainnet launch scheduled for July 22. This wil...

Digital Identity Startup Unstoppable Domains Secures $65 Million in a Series A Led by Pantera Capital – Bitcoin News

On Wednesday, the Web3 digital identity platform Unstoppable Domains announced the company has secured $65 million in financing in a Series A funding round led by Pantera Capital. The latest funding g...

Cardano Network Expands Further with Djed Becoming Official Stablecoin of IOHK’s RealFi Start-Up

Gamza Khanzadaev Djed stablecoin slowly but surely becomes one of most promising Cardano-based projects Overcollateralized algorithmic stablecoin Djed, developed by COTI and based on Cardano blockchai...

$STYLE Protocol, An Evolving Blockchain Deep Tech Startup Is Making 3D NFT Usage Feasible For A Low Price

Advertisement &nbsp &nbsp Summary: The decentralized blockchain company $STYLE Protocol is bringing a new wave of utilization to your NFTs. Metaverse usability in 3D. Berlin, ...

Former Meta Employees Secure Funding for Aptos Labs Amid Web3 Startup Surge

According to a business announcement made on July 25, Aptos Labs, a web3 startup that sprang from the ashes of Meta Platforms Inc.’s failed cryptocurrency endeavors, has raised $150 million in fresh c...

Barclays participating in funding round for crypto firm Copper: Sky News

UK-based banking giant Barclays is planning to take a stake in crypto financial services firm Copper.  The bank is joining a funding round that will include other investors and is set to finalize in t...

How This Mexico-Based Used-Car Seller Became The Most Valuable Startup In Latin America

Used-car sales unicorn Kavak is expanding to Chile, Colombia, Peru and Turkey, espousing transparency and efficiency in the fragmented used-car market. Founder and CEO Carlos García Ottati explains ho...

Korean crypto startup Uprise to compensate investors after disastrous LUNC short trade

South Korean crypto investment company Uprise plans to compensate investors for damages incurred during its futures bet on Luna Classic (LUNC) — a token that was built on the ruins of the failed Terra...

Bitcoin-focused Startup Adds Kraken’s Dan Held

Trust Machines seeks to expand Bitcoin as a decentralized finance platform The company raised $150 million earlier this year A start-up building an ecosystem of bitcoin applications has brought aboard...

AI-Based Startup Optic Raises $11m, Developing AI NFT Content Recognition

Optic, a San Francisco-based NFT authentication company, announced on Wednesday that it has raised $11 million in a funding round led by US venture capital firm Kleiner Perkins and crypto-native inves...

Blockdaemon snaps up wallet security startup Sepior

Blockdaemon, a web3 infrastructure company, has acquired Danish crypto wallet security firm Sepior in its fourth acquisition in two years.  According to a release today, Blockcdaemon is looking to add...

Final Fantasy Maker Square Enix Backs Bitcoin Gaming Startup Zebedee in $35M Round

In brief Bitcoin gaming startup Zebedee has raised a $35 million Series B funding round. Final Fantasy publisher Square Enix is one of the startup’s new backers. While a lot of crypto gaming activity ...

AI-Based Startup Optic Raises $11M to Put the ‘NF’ in NFTs

Founded in March, San Francisco-based Optic is developing an AI engine that processes the millions of new NFTs minted each day and compares the works to existing NFT collections. Optic looks for visua...

Adam Neumann’s crypto startup delays token launch: WSJ

WeWork founder Adam Neumann’s crypto venture Flowcarbon has delayed the launch of its products along with slowing operations due to market conditions.  According to a Wall Street Journal report,...

Layer One Blockchain Startup 5ire Raised $100 Million, Joins Unicorn Club

Level One blockchain network, 5ire, has joined the unicorn club after raising $100 million at a valuation of $1.5 billion in Series A round. It received the funding from UK-based conglomerate SRAM &am...

Ripple to Explore New NFT Use Cases as It Backs NFT Lending Start-up

Tomiwabold Olajide XLS-20 standard proposed by Ripple aims to make NFT creation on XRPL highly compact and effective Ripple General Manager Monica Long is enthusiastic about the unveiling of new NFT u...

Web3 Startup DaoLens Looks to Streamline DAO Structure After Gaining new Funding

Indian startup DaoLens is looking to streamline the decentralized autonomous organization (DAO) operational structure after it said Wednesday it raised an undisclosed amount in new funding. It comes a...

Fundraising In A Bear Market: How This Web3 Startup Got $5 Million

The crypto bear market has had a number of implications, one of these has been in the ability of Web3 projects in the space to make money. However, not every project has run into the problem of diffic...

DAO Platform Startup Drums Up 46 Investors In Pre-seed Round

The startup operates as a platform designed to allow for the more seamless startup and integration of DAOs The company already has a number of early business lines live A turn-key DAO platform, DAOLen...

Blockchain gaming startup Spielworks reveals date of its $WOMBAT public token sale

The decentralized gaming industry is destined for continued growth as it expands to include AAA titles and enters mainstream platforms, such as Epic Games. Blockchain gaming’s rise could mark the next...

Web3 Startup Quadrata Raises $7.5M in Seed Round

The Web3 identity passport network will seek to expand its ecosystem by integrating with several Dapps. Identity passport network Quadrata has raised $7.5 million in its seed funding round. The round ...

Multicoin Capital raises $430M for new crypto startup fund

Prominent crypto investor Multicoin Capital has launched a new venture fund valued at $430 million, further demonstrating venture capital’s growing interest in the blockchain economy amid the bear mar...

Canoo Stock Soars As Embattled EV Startup Joins GM, Ford In Walmart Delivery Fleet

Canoo stock soared as the embattled startup joined General Motors (GM) and Ford (F) in building out Walmart‘s (WMT) EV delivery fleet. X The Dow Jones retail giant signed a “definitive agr...

Electric vehicle startup Lordstown Motors names new CEO following Foxconn deal

Signage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, May 15, 2021. Dustin Franz | Bloomberg | Getty Images Electric vehicle startup Lordstown Motors said Tuesday that i...

Web3 Startup Mysten Labs Seeks $200m in Series B Financing, Closing Valuation at $2B

Mysten Labs, a crypto startup founded by former Meta executives, is closing a Series B round that could value the company at $2 billion The financing process is still in intense discussions, and Myste...

Singapore’s Mental Health Startup Intellect Raises $10 Million In Funding Round Led By Tiger Global

Theodoric Chew, cofounder and CEO of Intellect, a Singapore-based mental wellness startup. Courtesy of Intellect Singapore-based Intellect has raised an additional $10 million in a Series A extension ...

Alex Rodriguez on why he invested in insurance startup Ranger

Former New York Yankees shortstop and third baseman Alex Rodriguez has made a busy post-baseball career in finance. The MLB star is now announcing another new investment, this time in a new startup fo...

Croatian Web3 startup offers lifetime Netflix and Spotify membership via NFTs

On Friday, Web3 subscription and ticketing solution provider Revuto announced a novel subscription model for Netflix and Spotify, using a nonfungible token (NFT) solution. Revuto said it would offer a...

Former Developers from Dell and Visa Launched a Startup to Develop Blockchain Anti-scam Systems

Place/Date: – July 7th, 2022 at 3:44 pm UTC · 3 min read Source: Thero 6 Henry Atkins, Jessica Lau, Kan Hyo Son and several other developers who have worked for several years at IT giants Dell a...

Former TikTok Gaming Head Launches Blockchain Gaming Startup Meta0

Jason Fung, the former head of short video giant TikTok’s gaming division, launched a blockchain gaming startup called Meta0 as CEO and has completed its first round of financing. The startup aims to ...