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Bankrupt Crypto Lender Celsius Seeks to Raise $14M From Bitmain Mining Vouchers
10.2.2023
The company joins Core Scientific in trying to offload the assets before expiry, and will use the funds to repay creditors
Federal Reserve Officials Say More Interest Rate Hikes Are Needed to Curb Inflation
10.2.2023
Several Federal Reserve governors and presidents say that more interest rate hikes are needed to curb inflation. “We are not done yet with raising interest rates,” Fed Governor Lisa Cook said. “We need to raise rates aggressively to put a ceiling on inflation,” Minneapolis...
FanDuel Co-Founders Raise $4M for Digital Music Collectible Startup Vault
9.2.2023
The funding round for VAULT was led by Placeholder VC
JPMorgan: Ethereum’s Shanghai Upgrade to Raise Staking Toward Proof-Of-Stake-Blockchain Average
9.2.2023
Ethereum’s staking ratio is around 14% compared with an average of 60% for the other major PoS blockchains
Elementus Raises $10 Million to Bring Clear Blockchain Analytics to Institutional Customers
8.2.2023
Elementus, a New York-based blockchain firm, has raised $10 million as part of its Series A-2 funding round, led by Web3 VC company Parafi Capital. The raise, which values the company at $160 million, aims to allow Elementus to keep improving its processes for providing effective and sound...
DCG offloads Grayscale shares to raise capital: Report
8.2.2023
The purported sales are the latest measures the embattled firm has taken following moves in recent months to raise capital and preserve liquidity
Bank of America Is Preparing for Possible US Debt Default, Says CEO Brian Moynihan
8.2.2023
Bank of America is preparing for a possible U.S. debt default, says CEO Brian Moynihan. He is not a fan of eliminating the debt ceiling altogether as some lawmakers have proposed. Meanwhile, Treasury Secretary Janet Yellen says “every responsible member of Congress must agree to raise...
Twitch, YouTube Streamers Raise Big Funds For Syria-Turkey Earthquake Relief
7.2.2023
Twitch isn’t just a place where artificial intelligence festers and drama proliferates. It’s also a useful organizational platform for raising awareness around and funds for various global causes, which is exactly what a handful of big-name streamers, like Ben “CohhCarnage” Cassell and Hasan...
Turkish Nonprofits Raise Millions of Dollars in Crypto for Earthquake Response
7.2.2023
Organizations are using cryptocurrencies – borderless by nature – to get international aid into Turkey
Nintendo Announces 10 Percent Pay Raise For Devs Despite Lower Profits
7.2.2023
Nintendo announced a 20 percent Switch sales drop in its latest financial report, but still plans to institute a 10 percent pay raise, the company told investors Tuesday. While it’s unclear if that hike will trickle down to temporary contractors at the Mario maker’s North American headquarters...
Egyptian Fintech MNT-Halan Secures $400 Million in Funding, Valuation Rises to Over $1 Billion
4.2.2023
Egyptian fintech MNT-Halan announced on Feb. 1 that it had raised over $340 million via debt and equity and it expects to raise an additional $60 million from leading international investors. The latest funding round sees MNT-Halan’s valuation rise to over $1 billion which reportedly makes...
VitaDAO manages to raise $4.1M in a fundraising round
31.1.2023
VitaDAO has very successfully managed to raise an amount of $4.1 million for itself, through a fundraising round. This was made possible with the adequate amount of funding it received from the likes of Pfizer Ventures, Shine Capital, and L1 Digital. There were also decentralized science and Web3...
Proof of Protest: Artists Pussy Riot and Shepard Fairey Team Up to Raise Money for Ukraine Through NFT Collection
26.1.2023
All proceeds from the open edition Putin’s Ashes NFT collaboration will be donated to troops in Ukraine
Former FTX President Launches New Crypto Venture, Raises $5 Million From Leading Investors
20.1.2023
Less than a week ago, Brett Harrison, the former president of FTX US, published a 49-part Twitter thread describing his side of the story when he worked for the disgraced co-founder of FTX, Sam Bankman-Fried (SBF). On Friday, Jan. 20, 2023, Harrison revealed that his new firm, Architect, has raised...
Former FTX US President Manages to Raise Funds From Coinbase, Circle for His New Firm After Publicly Blasting SBF
20.1.2023
Brett Harrison, former president of FTX US, has managed to raise funds from major crypto investors such as Coinbase Ventures and Circle Ventures after publicly blasting FTX founder Sam Bankman-Fried.
According to a Friday report by Bloomberg, Harrison has raised $5 million for his new crypto...
Ethereum Development Firm Flashbots Eyes Unicorn Status as it Seeks to Raise $50M: Report
19.1.2023
Crypto venture firm Paradigm has committed to leading the investment, according to the report
DeFi-Focused Startup Blue Comes Out of Stealth With $3.2M Raise
18.1.2023
The young company is an alum of Binance’s Most Valuable Builder (MVB) and Chainlink’s incubator program
DeFi-Focused Startup Blue Comes Out of Stealth With $3.2M Raise
18.1.2023
The young company is an alum of Binance’s Most Valuable Builder (MVB) and Chainlink’s incubator program
DeFi, DAOs and NFTs: Crypto is redefining how charities raise funds
17.1.2023
Crypto donations are so much more than just peer-to-peer Bitcoin and Ether transactions
Defunct Crypto Hedge Fund Three Arrows Capital Founders Seek $25 Million to Start New Exchange Amid Scrutiny
16.1.2023
According to reports, the founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are seeking to raise $25 million from investors to start a new crypto exchange called GTX. This solicitation for new capital comes after 3AC co-founders Su Zhu and Kyle Davies were subpoenaed over...