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Value of Crypto Projects in Switzerland and Liechtenstein Surges 107% YoY to $382.93 Billion: Report
17.1.2024
Switzerland and Liechtenstein’s crypto projects value surged by 107% year-over-year to $382.93 billion, led by Ethereum, amidst broader market recovery and innovation. According to a report by Swiss venture capital firm Crypto Valley (CV VC), the value of cryptocurrency projects based...
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...
South Korean Crypto-related KOSDAQ Stocks Soar on Bitcoin ETF News
12.1.2024
Source: mirsad/Adobe South Korean crypto-related KOSDAQ stocks “soared” on the news of the US Securities and Exchange Commission (SEC)’s approval of 11 Bitcoin spot ETFs. No South Korean crypto firm has yet floated on the Korean Exchange. However, several listed companies have...
Bankruptcy Move: FTX Ventures Cuts Deal with Dave for $100 Million Stake
6.1.2024
Source: Sora Shimazaki / Pexels Dave, a fintech firm specializing in financial services through its mobile application, is set to acquire a $100-million convertible promissory note previously issued to FTX Ventures, the venture capital arm of bankrupt crypto exchange FTX. The deal involves Dave...
Galaxy Digital Seeking to Score Deals From Defunct Cryptocurrency Companies
22.12.2023
Galaxy Digital, a digital assets and blockchain financial services company, is seeking to score deals with defunct cryptocurrency companies to acquire their assets. According to reports, the company is eyeing FTX’s venture capital portfolio, which has a sizable stake in artificial...
Venture Capital Crypto Fund C1 Eyes Australia for Bargains: Report
11.12.2023
Source: Adobe / Sutthiphong Venture Capital crypto fund C1 Fund has been meeting a number of Australian businesses offering to buy private holdings from investors, reports the Australian Financial Review. C1 is a $500 million fund managed by investors based in Silicon Valley and the United Arab...
Crypto VC C1 With Coinbase Lineage Eyes Acquisition in Australia: Report
11.12.2023
Crypto venture capital firm C1, which is led by former Coinbase executives, has met with several cryptocurrency groups and Australian venture firms offering to buy private holdings from investors using its $500 million ($AUD 760 million) fund, according to the Australian Financial Review
Avery Ching: Aptos Led a Year of 'VC Chains'
4.12.2023
With hundreds of millions at stake, Avery Ching, co-founder of one of the year's most-talked-about new projects, has much to prove
Binance Labs Fuels Web3 Education Revolution with $3.15M Investment in Open Campus
29.11.2023
Binance Labs, the dynamic venture capital and incubation powerhouse behind Binance, is spearheading a transformative journey into the future of education. It has recently solidified its commitment by making an investment worth $3.15 million in Open Campus, an avant-garde Web3 education platform....
New Ethereum L2 Protocol Blast Faces Scrutiny as Paradigm Raises Concerns – Here’s What You Need to Know
27.11.2023
Source: Adobe / lumerb Blast, the newly announced Ethereum (ETH) layer-2 scaling network led by the founder of top NFT marketplace Blur, has faced some controversy despite gaining notable traction. For one, Paradigm, a prominent venture capital firm in the crypto space, has outlined numerous...
Blast’s marketing approach “cheapens the work of a serious team” — Paradigm
26.11.2023
Paradigm, one of Blast’s seed investors, criticized the protocol’s decision to launch a bridge before its L-2 and withdraw capability
Crypto Media Firm Coindesk Acquired by Bullish in All-Cash Deal
20.11.2023
Crypto media firms in 2023 are emerging with new owners. After Foresight Ventures, a Singaporean Web3 venture capital firm acquired a major stake in the publication The Block, a week later, the crypto publication Coindesk was acquired by Bullish, a firm led by former New York Stock Exchange...
Bitcoin Ordinals Project Taproot Wizards Raises $7.5 Million in Seed Funding
17.11.2023
Source: Adobe / Daniel Krasoń The Bitcoin Ordinals project known as Taproot Wizards has successfully secured $7.5 million in seed funding in a round led by venture capital firm Standard Crypto. Additional contributions in the round came from prominent investors including Geometry, Collider...
Sora's First Summit Brought Sam Bankman-Fried to Hong Kong. Now, They've Got Their Eyes on Taipei.
15.11.2023
Jason Fang and Sora Ventures have opened up shop with a marquee office in Taipei 101, and want to revolutionize science with the bitcoin blockchain
Binance Labs invests in ARKM, the native token of Arkham platform
15.11.2023
Binance Labs, the venture capital arm of Binance Exchange, has invested in ARKM, the native token of the crypto intelligence platform Arkham
Blockchain.com $110M funding round halves its 2022 valuation: Report
15.11.2023
Despite new investment in the crypto exchange, Blockchain.com’s valuation has more than halved from its $14 billion peak
Goldman Sachs leads $95M funding round for blockchain payment firm Fnality — Report
14.11.2023
With $158 million of total capital raised since 2019, Fnality plans to launch the Sterling Fnality Payment System in 2023, subject to approval by the Bank of England
Foresight Ventures Acquires The Block in $70 Million Deal
13.11.2023
Source: Pixabay Crypto news site The Block has been sold to venture capital group Foresight Ventures in a $70 million deal. Foresight Ventures will acquire a 80% share of the company, Axios reported. The Block CEO Larry Cermak said in an X post on Monday that the acquisition would provide...
Maven 11 Targets $100 Million in Funding for Third Crypto Venture Fund
10.11.2023
Source: Adobe / Sutthiphong Amsterdam-based crypto venture capital firm Maven 11 has unveiled its third fund with a goal of securing $100 million. This research-driven fund will aim to invest in early-stage crypto projects that align with Maven 11’s mission to “redefine...
Crypto-Focused VC Lightspeed Faction Announces $285 Million Fund for Startups
10.11.2023
Source: Shutterstock Lightspeed Faction, a blockchain-focused venture capital (VC) firm, has revealed plans to launch a new $285 million fund aimed at investing in early-stage projects within the crypto industry. The VC, consisting of team members from prominent entities including Amber Group...