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Decentralized Infrastructure Provider Grove Raises $7.9M
30.11.2023
Decentralized infrastructure is the use of blockchain technology and token incentives to build physical networks so other projects don't need to incur the costs of buying and running their own equipment
Wormhole Raises $225 Million at $2.5 Billion Valuation in 2023’s Largest Crypto Fundraise
29.11.2023
Source: Adobe Interoperable blockchain protocol Wormhole has achieved another significant milestone with a $225 million seed fund raised from a group of prominent investors in the crypto landscape. This fundraising is the largest in the Web3 ecosystem so far this year, propelling Wormhole’s...
Blockchain Messaging Platform Wormhole Raises $225M at $2.5B Valuation
29.11.2023
Wormhole, which was recently separated from parent Jump Trading Group after it scaled back its crypto operations, is a developer platform which allows different blockchain networks to communicate with each other
Animoca Brands Now the Largest Validator on TON Network
29.11.2023
Animoca Brands is now TON blockchain’s largest validator and will henceforth “provide funding, research, and an analytics platform.” The software company said Animoca’s collaboration with TON further reinforces its commitment to the latter’s ecosystem. The Animoca...
Digital Asset Platform Coinchange Raises $10M to Scale API Yield Service
29.11.2023
The funding round was led by G1.VC, Spirit Blockchain, Good News Ventures, K2.CA and Atoia Ventures, with Mintfox also participating
Tron Blockchain Founder Justin Sun Rejects Reports Linking His Protocol to Terror Funding
29.11.2023
Tron blockchain founder Justin Sun has rejected suggestions that his protocol is increasingly being used by terrorist organizations. Sun said Tron’s top priority remains maintaining decentralization as well as making sure users’ assets remain safe. A new report suggests that between...
Animoca Brands Invests in TON Play, Becomes Largest Validator on TON Blockchain
28.11.2023
Source: Pixabay Animoca Brands has become the largest validator on the TON Network after its investment in TON Play. The Hong Kong-based investment firm announced in a press release published Tuesday that it had partnered with the TON Blockchain to provide funding, research, and an analytics...
Oxford quantum computing spinout announces $100M funding round led by Japan’s SBI
28.11.2023
OQC is also launching what it calls “the world’s first enterprise ready quantum computing platform.”
Crypto Experts Can’t Get Enough of This Unlisted AI Crypto Project – Future 100x Coin?
28.11.2023
Crypto experts are flocking to unlisted AI crypto project yPredict as its presale funding momentum points to the potential for outsized growth. Image by Fareed Mindalano, DALL-E 3. The AI-driven cryptocurrency project yPredict has rapidly gained attention as its native token presale recently...
A16z Backs Web3 Consumer App Setter in $5M Seed Round
28.11.2023
Setter aims to address "the complexity and unfriendliness of current wallet technologies," making entry into Web3 a seamless experience for more users
Paradigm Says Blast Launch ‘Crossed Lines’ in Messaging and Execution, Pacman Defends Platform Amid Criticism
27.11.2023
Amid the rapidly evolving landscape of Ethereum layer two (L2) solutions, Blast, a new entrant, has sparked a wave of discussions in the crypto community. Spearheaded by Pacman, known for his work on the non-fungible token (NFT) marketplace Blur, Blast has garnered both significant funding...
As PEPE100 Leaps 50x Overnight, This Hidden Crypto Just Surpassed $1.8 Million in Funding – 100x Possible?
27.11.2023
PEPE100 (PEPE100x) has gained by as much as 50% overnight, with the new meme token reaching a record high of $0.00386 several hours ago. This makes it the latest in a seemingly endless string of new meme coins to enjoy big opening rallies on Uniswap this year, yet it seems that PEPE100’s time...
Farcana receives funding from Animoca Brands
27.11.2023
Farcana, a startup involved in gaming, has received funding from Animoca Brands. Farcana operates in the United Arab Emirates (UAE). Animoca Brands is a prime company in furthering digital property rights with regard to gaming and the metaverse. This is for boosting Farcana’s beta deliverance...
Ethereum L2 Platform Blast Draws $400M in a Week Despite Invite-Only Access and Criticism
25.11.2023
This week, the crypto community is abuzz with discussions about Blast, a new Ethereum layer two (L2) platform. The project gained prominence after securing a notable $20 million in funding, spearheaded by Paradigm and Standard Crypto, among other investors. Developed by Pacman, the entrepreneur...
Satellite Images Show Bhutan’s Secret State-Owned Bitcoin Mining Facilities
23.11.2023
Image Source: Pixabay Satellite images have uncovered Bhutan’s undisclosed state-owned Bitcoin (BTC) mining operations. The landlocked Himalayan nation, known for its seclusion and breathtaking landscapes, has transformed itself into a crypto haven under the rule of King Jigme Khesar Namgyel...
Is Polygon Price Going to Zero? MATIC Drops 15% as This Novel Mining Project Secures $4.3 Million in Funding
23.11.2023
Leading layer-2 solution Polygon has tumbled in recent days, with MATIC price dropping -15%, and with some panicked bag-holders asking ‘Is Polygon price going to zero?’ – lets dig in. This comes following the breaking news that the emerging Swiss crypto city of Lugano (led...
No ‘mass exodus of funds’ following Binance-DOJ settlement — Nansen
22.11.2023
Roughly 24 hours following the announcement of a settlement with U.S. officials, Nansen reported Binance’s total holdings increased to more than $65 billion
Aragon DAO Backs Lawsuit Against Founding Team, Allocates $300,000 in Funding
22.11.2023
Image source: Adobe Stock Aragon DAO, a decentralized autonomous organization, has passed two votes that support a lawsuit against its founding team, allocating $300,000 in funding for the legal battle. The voting process saw unanimous approval for the proposal, with 1.6 million governance tokens...
Africa-Focused Remittances Fintech Zazuu Shut Downs After Failing to Secure Additional Funding
21.11.2023
An Africa-focused remittances firm, Zazuu, has become the latest fintech startup to close shop after it failed to raise extra funding. Zazuu and other African fintechs’ funding problems are said to be linked to the collapse of Silicon Valley Bank in the U.S. Zazuu Shuts Down Just Over a Year...
Blur Founder Launches New Layer 2 Network Blast, Raises $55 Million Within Hours
21.11.2023
Source: Pixabay Blast, Ethereum’s latest Layer 2 network, has gone live in an “early access” mode. In an X post on Monday, Blast announced its intention of becoming the inaugural Ethereum Layer 2 platform to introduce a built-in yield model. The company’s $20 million initial funding round...