Adrien Treccani, the CEO of Switzerland-based cryptocurrency firm Metaco, has stated that the recent correction in digital asset markets will likely wipe out a section of start-ups in the country. Sp...
Tag: Startups
Multicoin Capital Injects $430m Venture Fund III for Blockchain Startups
Cryptocurrency investment firm Multicoin Capital has announced the launch of $430 million Venture Fund III to help startups focusing on decentralized autonomous organizations (DAOs), open finance, and...
Funding for Crypto Startups Falls to One-Year Low
Digital currencies, public stocks and venture capital backing crypto startups have finally cooled down after massive growth due to the effects of an economic storm, according to Bloomberg. Bloomberg r...
Operator of UPbit Crypto Exchange Earmarks $400M to Invest in Web3 Startups
Dunamu, the operator of the South Korean crypto exchange UPbit, announced on July 12 that will inject around 500 billion won ($385 million) into 500 Web3 startups in the next five years. The release h...
Multicoin Capital Announces $430 Million Venture Fund for Crypto Startups
The fund will provide capital for early-stage and later-stage projects in Data DAOs, open finance, Web3 infrastructure and consumer social opportunities, among other initiatives. Early-stage projects ...
Crypto Rout Deflates Some Web3 Startups Buoyed by Push Into Digital Tokens
The cryptocurrency rout has spread to startups that offer users digital tokens, pushing down digital asset prices and driving away hordes of users. The startups—part of what has been called Web3—allow...
Three Top JPMorgan Executives Jump Ship to Crypto Startups
According to Fortune media, three top executives at JPMorgan have left the leading major bank to join the cryptocurrency industry. Despite the current crypto winter, this week has seen three executiv...
Ethereum, Solana NFT Marketplace ‘Wars’ Heat Up as Firms Acquire Startups
In brief Recent NFT startup acquisitions and other moves suggest a potential “war” ahead between NFT marketplaces, writes DappRadar. OpenSea currently leads all NFT marketplaces, but new r...
Rivian Cranked Up Production in Second Quarter at Illinois Factory
Rivian Automotive Inc. said it produced 4,401 vehicles in the second quarter, the latest in the electric-vehicle maker’s efforts to overcome parts shortages and production snarls to fulfill orders for...
Despite The Crypto Dip, Bitcoin Infrastructure Startups Are Ripe For Investment
A wave of bitcoin infrastructure startups are building the foundations for an entirely new financial … [+] system Photo by Kanchanara on Unsplash Bitcoin investors have been hiding behind the so...
Crypto Executives Launch Investment Firm Tangent to Help Web3 Startups Growth
Jason Choi and Darryl Wang, two former crypto executives at two major investment firms in Asia, announced on Tuesday that they are launching their own fund to support Web3 projects. Bloomberg media re...
EPC Blockchain among 16 Startups Selected to Join EY Incubator
Big four accounting firm Ernst & Young (EY) has selected 16 early-stage startups to join its EY Foundry Cohort 5 program to propel disruptive solutions in four areas: sustainability, new enterpris...
Why Startups Are Front on Bitcoin Base Layer for Building the New Age of dApps?
It’s no secret that dApps and Blockchain-oriented businesses have taken the world by storm these past few years. However, Ethereum, Solana, and the like have started to crop up issues. These Blockchai...
Zilingo’s Ousted CEO Ankiti Bose Resigns From Startup’s Board
(Bloomberg) — Zilingo Pte’s former Chief Executive Officer Ankiti Bose said she stepped down from her post as director due to lack of access to information. Most Read from Bloomberg Bose said th...
Forget Klarna? Investors bet new startups will in ‘buy now, pay later’
Klarna is in talks to raise funds at a sharp discount to its last valuation, according to a report from the Wall Street Journal. A spokesperson for the firm said it doesn’t comment on “spe...
These Menstruation Startups Offer Solutions To Tampon Shortage
Toilet paper is free. Why not menstrual products? Shutterstock / Mirror-Images Seven years ago, then-18-year-old Claire Coder found herself at a corporate event when she began her period. She didn’t h...
UK-based start-ups raised over $13 billion so far in 2022, study shows
Venture capital (VC) funding deals from January to May 2022 have amassed $13.2 billion in value. In particular, there were a total of 791 VC deals, according to observations made by GlobalData. Based...
Krew Launches Klaytn-based DeFi Accelerator to Support Next Wave of DeFi Startups
BVI, Tortola, 21st June, 2022, Chainwire Krew, a new DeFi accelerator housed in the Klaytn ecosystem, is launching – armed with a $4 million war chest that will be used to create, incubate, and suppor...
Minima Joins MobilityXlab Program for Communication and Vehicle-to-Vehicle Start-ups
Vladislav Sopov Minima, unique blockchain protocol that can work with smartphones as its nodes, joins MobilityXlab program Contents Minima joins MobilityXlab program endorsed by Volvo Collaboration to...
$9 Billion For Climate Tech Startups, Tesla’s Tough Quarter And Flooding In Yellowstone
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. More than $2.5 billion in the first quart...
Mark Cuban Says Crypto Startups With Good Fundamental Will Thrive
With the combined crypto market capitalization slumping far below the $1 trillion mark earlier this week, several crypto projects are facing a massive economic downturn in response. Weighing on the cu...
Double funds down on Web3: to be invested in Web3 startups in TGV’s portfolio
True Global Ventures 4 Plus (TGV4 Plus), a venture capital firm, has announced the completion of a $146 million fundraising round allocated for a variety of Web3 projects, demonstrating investors’ per...
Online Marketplace Faire Gives $60 Million Boost To Retail Startups
Janel Andersen, who owns two stores in Berkeley, CA, used Faire’s inventory credit offer to quickly … [+] open her second store. Courtesy of Stitch + Sparrow Faire, the online marketplace ...
Crypto unicorns on the rise as unicorn startups exceed 1K in 2022
? Want to work with us? CryptoSlate is hiring for a handful of positions! When a privately-owned company receives a valuation of $1 billion, it’s introduced into the magical world of unicorns. And whi...
Solana sets up $100 million fund for Korean crypto startups
advertisement Blockchain operator Solana this morning announced a new $100 million fund for Korean web3 startups. Solana Ventures and Solana Foundation, the Switzerland-based entity that promotes the ...
Solana Announces $100M Fund to South Korean Web3 Startups
The Solana Foundation and Solana Ventures have committed $100 million to non-fungible token (NFT), gaming, and decentralized finance (DeFi) projects on the network in order to assist with the continue...
Solana Launches $100m Web3.0 Fund for South Korean Startups
Solana, one of the biggest Layer-1 blockchain protocols, through its subsidiaries Solana Ventures and Solana Foundation, has launched a $100 million fund to back startups in the South Korea Web3.0 eco...
Solana Launches $100 Million Fund for Korean Web3 Startups
General Manager at the Solana Foundation, Johnny B. Lee, has stated the funds are primarily intended for Solana-based projects in the country. Solana Ventures and Solana Foundation have set aside fund...
Solana Ventures Set Up $100M Fund For South Korean Startups
The $100 million investment and grant fund has been launched to fund Web3 startups in South Korea, primarily those involved in DeFi and GameFi. Solana Continues Expansion The fund has been establish...
Solana Rolls Out $100M Investment Fund for South Korean Web3 Startups
Solana Ventures and the Solana Foundation have launched a $100 million investment and grant fund to bolster the growth of South Korean web3 startups building on the Solana ecosystem, a report revealed...