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The PoW Dominance Purge — Only 6 Crypto Assets out of the Top 50 Market Caps Use Proof-of-Work
16.9.2022
At the time of writing, only one coin in the top ten crypto assets by market capitalization is a proof-of-work (PoW) token and out of the top 20, there are only three tokens that leverage a PoW consensus mechanism. Moreover, out of 50 of the largest crypto coins by valuation, only six use PoW...
Token Management Platform Magna Raises $15M Seed Round at $70M Valuation
15.9.2022
Investors in the round included Tiger Global, Tusk Ventures, Circle Ventures and Shima Capital
NFT creator Doodles raises $54M in funding at $704M valuation
13.9.2022
The firm said it will use the money from the raise to further enhance its intellectual property
NFT Marketplace Doodles Raises $54M at $704M Valuation
13.9.2022
The VC firm of Reddit’s Alexis Ohanian led the round for the non-fungible token marketplace
In 2 Months the Top Smart Contract Tokens Gained 44% Against the Greenback Ahead of Ethereum’s Merge
12.9.2022
With The Merge coming next week and Cardano’s Vasil hard fork commencing soon after, the market capitalization of the top smart contract tokens by valuation increased 1.19% during the past 24 hours to $316 billion on September 11, 2022. Moreover, the market capitalization of the top smart...
Sui Developer Mysten Labs Raises $300 Million to Address Web3 Scalability
10.9.2022
Mysten Labs, developer of a new blockchain project called Sui, raised $300 million in its latest funding round. The round, which was led by FTX ventures, also had the support of A16z crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, and Coinbase Ventures, among others. The funds will...
Blockchain Gaming Juggernaut Hits $5.5B Valuation as Tamadoge Nears Price Increase
8.9.2022
Blockchain gaming firm, Animoca Brands, has achieved a $5.5 billion company valuation following the completion of its latest fundraising round which attracted $75.3 million from investors, including Liberty City Ventures and Kingsway Capital....
Read More: Blockchain Gaming Juggernaut Hits $5.5B...
Crypto Startup Mysten Labs Raises $300M From Industry Heavyweights at $2B Valuation: Report
8.9.2022
Mysten Labs has raised $300 million at a $2 billion valuation in a funding round led by FTX Ventures with contributions from an array of big names in the crypto industry, the Wall Street Journal reported Thursday
Crypto Investment-Product Firm 21Shares' Parent Raises $25M, Pushing Valuation to $2B
6.9.2022
Newly launched 21.co is the parent company of ETP issuer 21Shares and technology platform Onyx
Crypto investment product firm 21.co raises $25M to reach $2B valuation
6.9.2022
Founded during the major market slump of 2018, 21Shares holds its vision that solid crypto products only grow stronger during crypto winters
Crypto investment product firm 21.co raises $25M to reach $2B valuation
6.9.2022
Founded during the major market slump of 2018, 21Shares holds its vision that solid crypto products only grow stronger during crypto winters
Crypto Economy Slides Under $1 Trillion, as Bitcoin and Ethereum Dive Below Previous Support Zones
27.8.2022
On Saturday, August 27, 2022, the global market capitalization of all the crypto assets in existence dropped under the $1 trillion mark and the leading crypto asset bitcoin slipped below the $20K region for the first time since mid-July. Crypto Economy Craters — More Than $240 Billion Erased...
Animoca Brands Japan Raises $45M at $500M Pre-Money Valuation
26.8.2022
Animoca Brands Japan raised the funds from its parent firm and MUFG Bank
Crypto Developer Platform Thirdweb Gets Katie Haun's Backing at $160M Valuation
25.8.2022
Other investors in the $24 million Series A round included Coinbase Ventures and Shopify
Report: Investment Management Giant Invesco Launches Metaverse Fund
23.8.2022
The investment management giant Invesco has launched a metaverse fund that will invest in a myriad of startups focused on metaverse technology, a Citywire report detailed on Monday. “We will seek to capitalise on these opportunities through a highly selective, valuation-conscious...
Value Locked in Defi Loses $5.7 Billion in 5 Days, Smart Contract Tokens Shed 7.8% in 24 Hours
19.8.2022
The total value locked (TVL) in decentralized finance (defi) has slid 8.53% over the last five days since August 14, 2022. At the time, the TVL was $67.87 billion but today, the value locked in defi is approximately $62.08 billion. Moreover, the top smart contract platform tokens by market...
While Gains Have Been Slower Than Most Crypto Assets, Meme Coin Economy Swells by 24%
13.8.2022
While a great number of crypto asset values have improved over the last month, meme-based crypto assets have also advanced against the U.S. dollar. 53 days ago on June 21, the top meme coins by market valuation were once worth $14.5 billion and since then, the meme coin economy has grown by 24.82%...
Huobi Founder in Talks to Sell Majority Stake at $3B Valuation: Report
12.8.2022
The deal could be one of the biggest ever in the crypto industry
Crypto Intelligence Platform Messari Plans to Raise $35M at $300M Valuation: Report
9.8.2022
Messari raised $21 million last year in a round led by Steve Cohen's Point72 Ventures
Cashmere Raises $3M at $30M Valuation to Build Solana Enterprise Wallet
8.8.2022
Investors in the Solana-based project included YCombinator, Coinbase Ventures and FBG Capital