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Grayscale Bitcoin ETF Liquidity Partner Flowdesk Raises $50 Million in Series B
18.1.2024
French crypto financial services firm Flowdesk has successfully raised $50 million in a Series B funding round led by Cathay Innovation. The funding round includes participation from Cathay Ledger Fund, Eurazeo, ISAI, Speedinvest, BPI, and Ripple, as per a statement shared with Cryptonews....
Egyptian Fintech Startup Zeal Secures $4 Million to Fund Expansion to New Markets
18.1.2024
The Egyptian fintech startup has revealed that it recently raised $4 million in funding via a round led by venture capital firms Raed Ventures and Cur8 Capital. CEO said the firm’s capital raise is expected to help Zeal accelerate its journey “towards utilizing AI to revolutionize...
Web3 Music Startup TRAX Raises $2.9M in Decentralized Funding Round + More Crypto News
16.1.2024
Source: AdobeStock / Prostock-studio Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In this edition: TRAX Crypto News: $2.9M Raised in Decentralized Funding Round KuCoin Labs Partners with ETGM...
Study: Venture Capital Investments in Top Ten Web3 Projects Were 70% Lower in 2023
16.1.2024
In 2023, the top ten Web3 projects collectively raised $1.78 billion in funding, a figure which is 70% lower than the $5.87 billion raised in the previous year, the findings of a new study have shown. The findings also show that Web3 projects were able to attract $9 billion in capital with...
Hong Kong Licensed Crypto Exchange Hashkey Operator Raises $100M With $1.2B Valuation
16.1.2024
In a recent funding round, HashKey Group, the operator of one of Hong Kong’s two licensed crypto exchanges, successfully raised close to $100 million with a valuation of over $1.2 billion. Hashkey Group announced the completion of the series A funding round earlier today in a statement...
Google Removes Apps of Binance and Other Global Crypto Exchanges in India
15.1.2024
Google has removed several prominent global crypto exchanges, including Binance and Kraken, from its Play Store in India. This move comes as a response to allegations of these exchanges operating “illegally”, with the Financial Intelligence Unit (FIU) issuing show cause notices to nine...
Ark Invest Now Sees Higher Probability of Bitcoin Soaring to $1.5 Million, CEO Says
13.1.2024
Ark Invest CEO Cathie Wood has doubled down on her bullish bitcoin forecasts, now seeing a higher probability of the price of bitcoin soaring to $1.5 million per coin. She emphasized that the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC)...
Taproot Wizards, Bitcoin Ordinals Project That Raised $7.5M, to Sell 'Quantum Cats' Collection
12.1.2024
The "NFTs on Bitcoin" project has capitalized on the popularity of the controversial Ordinals protocol, which has generated a flurry of interest in the original blockchain but added to congestion and higher fees
Infra Firm Set to Launch EVM That Solves Bitcoin’s Limited Use Issue, Secures $7 Million
11.1.2024
Source: AdobeStock / Syda Productions Web3 infrastructure firm Bitfinity Network has raised millions from major backers, while nearing the launch of its Ethereum Virtual Machine (EVM). Its founder talked with Cryptonews about how this EVM works to solve the issue of Bitcoin’s limited use, as well...
Vitalik Buterin Advocates for Modest Gas Limit Increase in Ethereum Network
11.1.2024
Ethereum. Source: Adobe Ethereum co-founder Vitalik Buterin has recommended a “modest” increase in the gas limit to enhance the potential throughput of the Ethereum network. During a Reddit ask-me-anything (AMA) organized by the Ethereum Foundation’s research team, Buterin...
Nigerian Payments Fintech Startup Cleva Secures $1.5 Million in Pre-Seed Funding
10.1.2024
The Y Combinator-backed Nigerian fintech startup has reportedly raised $1.5 million in pre-seed funding. Tolu Alabi, the CEO of Cleva, expressed confidence in her and fellow co-founder Philip Abel’s ability to navigate the competitive fintech market, citing their background as a factor that counts...
Two US Senators Ask SEC to Deliver Report to Congress on Breach of X Account
10.1.2024
Source: AdobeStock/ rarrarorro Two United States senators, J.D. Vance and Thom Tillis, have raised concerns about the recent breach of the United States Securities and Exchange Commission’s (SEC) X (formerly Twitter) account. In a letter addressed to SEC Chair Gary Gensler on the same day...
Cameroonian Fintech Startup Koree Secures $200,000 in Pre-Seed Funding
9.1.2024
The Cameroonian fintech startup Koree recently secured $200,000 in pre-seed funding which was led by the co-founder of the Nigerian payments company Duplo. The fintech said it will use the funds raised to launch a marketplace that rewards users for the purchases they make. Users Rewards...
High Flying Retik Finance (RETIK) Presale Stage 4 Sold Out, Total Raise Now Crosses $6.5 Million
9.1.2024
Retik Finance (RETIK) has not only captured the attention of the cryptocurrency community but has now etched its success in the annals of fundraising history. The highly anticipated Presale Stage 4 of Retik Finance has not only sold out but has propelled the project’s total funds raised...
Is GMT Going To Zero? GMT Price Drops 25% as Meme Kombat Reach $6.3 Million
8.1.2024
GMT price dropped 25% from yesterday’s peak as Meme Kombat raised over $6 million in crypto presale. Image by Kerem Goktug Kaya, DALL-E 3. Following a surge of 30% yesterday, the move-to-earn platform STEPN’s native token GMT price trajectory took a drastic turn, plummeting by 25% from...
Bitcoin ETF Approval Odds Raised to Over 90% at Bloomberg, Drop on Polymarket
8.1.2024
Two influential analysts have tipped odds at over 90% ahead of the Securities and Exchange Commission decision
Investors Rush As Pandoshi (PAMBO) Presale Stage 3 Is Quickly Selling Out
7.1.2024
Pandoshi, an emerging player in the crypto market, is quickly gaining recognition for its novel approach and successful early funding rounds. Earning rapid acclaim in the crypto sphere, Pandoshi has raised over $1,700,000, reflecting market confidence in its future. The project differentiates...
Shiba Inu and Dogecoin Face Tough Conditions as NuggetRush Reaches $1.5 Million Raised
7.1.2024
TLDR NuggetRush emerges as a promising player, raising over $1.5 million in its presale and offering a captivating play-to-earn game. Shiba Inu faces a decline in network activity with Shibarium, marked by a significant drop in daily transactions. Dogecoin encounters potential trouble as miners...
Bitcoin ETF May Get SEC Sign-Off Today – Bitcoin Minetrix ICO Surges Past $7.5m
5.1.2024
Friday, January 5, 2023 – The Bitcoin price is hovering around the $44,000 mark in readiness for a breakout to $50,000 if and when a Bitcoin ETF is approved, possibly as early as today, while tokenized cloud-mining innovator Bitcoin Minetrix ($BTCMTX) has raised more than $7.5 million from...
Solana (SOL) Rival Retik Finance (RETIK) Raises $4M in Its Presale Like a Breeze
4.1.2024
In the fast-paced realm of decentralised finance (DeFi), where groundbreaking ideas are at the forefront and competition is fierce, a new entrant has captured the attention of the crypto community with its bold presale and ambitious vision. Retik Finance (RETIK), a self-proclaimed challenger...