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Cyclos Raised $2.1M for Concentrated Liquidity AMM on the Solana Network
7.9.2021
September 6, 2021 — Cyclos, Solana’s new DeFi project, raises 2.1M dollars from public and private investment rounds. The project used the funds to develop the first concentrated liquidity AMM (automated market maker) on the Solana network. The AMM will offer several unprecedented features capable...
Offchain Labs Launches Arbitrum One Mainnet — Startup Raises $120 Million
2.9.2021
On August 31, 2021, Offchain Labs announced the official launch of Arbitrum One mainnet and further detailed that the company has raised $120 million in funding. The Series B financing led by Lightspeed Venture Partners gives the firm a $1.2 billion valuation. Arbitrum One Mainnet Is Now Live...
NFT Gaming Token $GIF to Launch on Rocket Launchpad Following Tezotopia Marketplace Sellout
26.8.2021
NFTs are of the biggest developments to come from the emergence of DeFi, and have created a mania not seen in the market since the 2017 cryptocurrency bull run. NFT art has raised some fascinating questions over where value can be identified, but it is in the gaming world that NFTs could prove...
TIME Partners With Cool Cats NFT Project, Business Magazine Fortune’s NFT Sale Raises $1.3M
15.8.2021
Two of the largest American news magazines, Fortune and TIME, have jumped headfirst into the non-fungible token (NFT) ecosystem in recent times. The New York-based multinational business magazine Fortune raised $1.3 million selling its first NFT collection this week. Furthermore, after selling...
Crypto Data Firm Dune Analytics Raises $8M — Series A Round Led by Union Square Ventures
13.8.2021
The team behind the platform that allows users to track data on the Ethereum blockchain, Dune Analytics, announced the firm has raised $8 million from strategic investors like Union Square Ventures. Dune Analytics detailed the firm plans to leverage the new financing in order to hire more help...
US Senator Warns Passing Unproven Crypto Law Will Stifle Innovation and ‘Make Americans Poorer’
8.8.2021
U.S. Senator Mike Lee has raised concerns that adopting the crypto tax provision in the $1.2 trillion infrastructure bill will stifle innovation and make Americans poorer. He explained that cryptocurrencies are not like securities and cannot be regulated with the same policies, noting that to do...
Treasury Secretary Yellen Privately Lobbies Against Tax Amendment Crypto Industry Wants: Report
7.8.2021
U.S. Treasury Secretary Janet Yellen has reportedly raised objections to lawmakers about the cryptocurrency tax amendment to the $1 trillion infrastructure bill that is supported by the crypto community. The White House subsequently announced its support for a competing amendment. Yellen Exerting...
Uncollateralized Lending Platform Truefi Raises $12.5 Million From A16z, Alameda and Blocktower
7.8.2021
Truefi, an uncollateralized loan platform, has raised $12.5 million from three important investors. The token sale was led by Blocktower, a New York-based cryptocurrency investment firm. Other important investors were Alameda Research — owned by Sam Bankman-Fried, founder of FTX —...
Demand for Crypto Analytics Continues as Messari Raises $21 Million
6.8.2021
The crypto analytics and market intelligence company Messari revealed on Thursday the firm has raised $21 million in a Series A financing round. The funds will be used to expand Messari’s product suites and it aims to “triple the size of its engineering and research teams.” Crypto...
Jihan Wu’s Matrixport Raises $100 Million — Singapore Startup Joins Growing List of Crypto Unicorns
2.8.2021
Matrixport, the digital currency financial services company co-founded by the former Bitmain CEO Jihan Wu, has revealed the company has raised $100 million in a Series C financing round. The funding has propelled Matrixport’s valuation to unicorn status as the firm now has a valuation of over...
Bank of America, Coinbase, FTX Invest in Paxos Series D Funding Round
31.7.2021
Paxos, a blockchain services and tokenization firm has added Coinbase Ventures, FTX, Bank of America, and Founders Fund as backers in its Series D funding round that started last April. These institutions were listed as “strategic investors,” but the amounts of their contributions were...
Robinhood Raises Almost $2 Billion in IPO, Falls Short of Expected $35 Billion Valuation
29.7.2021
Robinhood, the fee-free cryptocurrency, stock, and options exchange, raised almost $2 billion in its initial public offering, reaching a valuation of $32 billion. While the company is more valuable than Nasdaq itself, the IPO failed to give the company an expected valuation of $35 billion....
Bitcoin Rewards Firm Lolli Raises $10M in Funding Led by Acrew Capital, Social Media Moguls
29.7.2021
The bitcoin rewards platform Lolli has announced the company has closed a $10 million Series A funding round on Wednesday. Lolli says the new financing will help the firm expand, hire and develop new partnerships. Lolli Raises $10 Million The New York-based Lolli has raised $10 million from...
Fireblocks Custody Company Raises $310 Million, Reaches $2 Billion Valuation
27.7.2021
Fireblocks, a blockchain infrastructure firm, raised $310 million in its most recent funding round, reaching a valuation of $2 billion. The company, which specializes in the custody of digital assets, is interested in bringing traditional assets to the blockchain realm. Fireblocks expects this...
‘Ethereum: The Infinite Garden’ Documentary Project Raises 1,036 Ether
21.7.2021
A documentary project called “Ethereum: The Infinite Garden” has raised 1,036 ether to complete its fundraising proposal. The project will use these funds to finance the first feature-length Ethereum documentary, that will cast members from the community and key individuals from...
Over $200,000 Raised To Help Save The Studio Ghibli Museum
19.7.2021
Have you ever been to the Ghibli Museum? It’s a magical place! But, due to covid-19, it’s a place in need of extra cash.Read more
Cardano Launches Testnet to Move Closer to Smart Contracts, Polymarket Odds Bet Against Project
17.7.2021
On July 14, IOHK, the Cardano network developers, announced the project’s latest testnet called Alonzo white has been deployed. IOHK detailed that it has onboarded new participants and the move will help the project move “closer to smart contracts.” Two days later, a Cardano-based...
Social NFT Project Nifty’s Raises $10M, Partners With Entertainment Giant Warner Bros
12.7.2021
The Miami-based Nifty’s, Inc. announced the launch of the project’s website which aims to reveal a non-fungible token (NFT) social platform focused on gathering mainstream attention. The company has also revealed it raised $10 million in a seed round from well-known investors like...
Israel Begins Seizure of Bitcoin Donations Collected by Hamas
10.7.2021
Israel’s Defense Minister Benny Gantz has ordered the seizure of cryptocurrency funds raised by the Palestinian Islamist movement Hamas. His department has reportedly started taking control over digital wallets used by the terrorist group to collect crypto donations from abroad. Defense...
NFT Oasis Successfully Raised $4.4 Million Funding
9.7.2021
In the first round of funding, NFT Oasis has revealed that it has been successful in raising a total of $4.4 million from investors. The company has created a name for itself thanks to its ability to offer a combination of virtual reality (VR), non-fungible tokens (NFTs), and decentralized finance...