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Lens Protocol raises a funding amount of $15 million
9.6.2023
Lens Protocol has successfully managed to raise for itself the amount of $15 million, in terms of funding, with the able support of Aave Companies, which is a technology-based entity that is actively involved in the development of protocols, as well as applications that integrate decentralization...
Aave-Developed Lens Protocol Raises $15M to Expand 'Social Layer' of Web3
8.6.2023
Uniswap CEO Hayden Adams, OpenSea co-founder Alex Atallah, entrepreneur Balaji Srinivasan and Polygon co-founder Sandeep Nailwal joined the round as angel investors
HyperPlay raises $12M in Series A funding round
8.6.2023
Griffin Gaming Partners and Bitkraft co-lead investors in a $12 million Series A funding round for MetaMask and Game7’s HyperPlay
Bitcoin Life Insurance Startup Raises $19M in Seed Rounds Led by Sam Altman and Gradient Ventures
7.6.2023
Meanwhile, a life insurance company that uses bitcoin, has accumulated $19 million through two seed funding rounds. The first round was led by Openai CEO Sam Altman and former Stripe executive Lachy Groom, while Google’s Gradient Ventures took charge of the second round. Crypto Startup...
Bitcoin-Denominated Life Insurance Provider Sets Up Shop With $19M Funding
6.6.2023
Meanwhile's target audience is U.S. citizens with large BTC holdings, an audience from which it has "seen a lot of early demand."
Tether initiates the first phase of billion-dollar funding
6.6.2023
Tether, which is responsible for the fintech platform, tether has initiated the first phase of billion-dollar funding that will go towards a renewable energy project in El Salvador. This is in relation to the backing, as well as furthering sustainable Bitcoin mining. The company will be making...
Binance Labs co-leads in funding Fusionist: Boost Web3 gaming
1.6.2023
Binance Labs, which is the venture capital wing of Binance, turned out to be a co-leader in a seed funding round amounting to $6.6 million towards Fusionist, which is a Web3 gaming company. This is in line with the company’s vision of backing the initial phase of Web3 gaming projects and helping...
U.S. Sen. Elizabeth Warren Calls for Shutdown of Crypto Funding for Fentanyl
31.5.2023
U.S. Sen. Elizabeth Warren (D-Mass.) cited the rampant use of cryptocurrency in the Chinese fentanyl trade during a Wednesday Senate hearing, arguing for legislation to help break that pipeline
Web3 developer Magic raises $52M in funding led by PayPal Ventures
31.5.2023
The company has raised $80 million for wallet development since its inception in 2020
PayPal Ventures Leads $52M Round for Crypto Firm Magic
31.5.2023
The startup offers non-custodial wallet infrastructure for an enterprise client list that includes Macy’s and Mattel
Crypto Infrastructure Firm Anoma Foundation Raises $25M
31.5.2023
The Swiss non-profit oversees the Anoma blockchain architecture and the layer 1 blockchain Namada
Web3 Payments Firm Transak Raises $20M
30.5.2023
The startup offers on- and off-ramps that could make it easier for new users to interact with Web3 projects
Tabi manages to obtain $10M through angel funding
30.5.2023
As per the official announcement made by the BNB Chain-based platform, Tabi, which is a non-fungible token marketplace, has successfully managed to obtain for itself the amount of $10 million through an angel funding round. The entity will be utilizing this towards the development of its gaming...
Latam Insights — Venezuelan Gold Battle Continues, Argentina Seeks Yuan Funding Extension
29.5.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic development news during the last week. In this issue, Venezuela tries to regain control of the gold stash held in London again; Argentina seeks to expand the Chinese yuan swap line; and Azteco enables...
BRICS Bank in Membership Talks With Saudi Arabia, Report Reveals
29.5.2023
The development bank set up by the BRICS bloc is negotiating with Saudi Arabia on accepting the country as a member, according to a press report. The talks come as the bank, created as an alternative to similar institutions led by the West, seeks to expand its funding options amid sanctions on...
Ecoterra, an Exciting Green Web3 Project, Partners with Prominent Brands like Coca-Cola to Expand its Recycle-to-Earn Ecosystem - Funding Reaches $4.4 Million
27.5.2023
Revolutionary web3 Recycle-to-Earn (R2E) platform ecoterra just introduced a fresh batch of major beverage brands into its ecosystem, including the likes of Coca Cola, Carlsberg and Evian, further boosting the environmentally conscious protocol’s utility....
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Brazil Sees BRICS Bank as Alternative Financial Institution, President Lula Says
27.5.2023
The government of Brazil views the development bank established by the BRICS bloc as an alternative to traditional financial institutions, the country’s head of state told African diplomats. President Lula da Silva also vowed that the bank will improve cooperation with its African counterpart....
Cronos Labs launches second cohort of $100M Web3 accelerator
26.5.2023
On May 15, the chosen projects commenced the 12-week program after being granted seed funding of $30,000
Digital Currency Group to Sunset Tradeblock, Cites ‘Regulatory Challenges’ and ‘Prolonged Crypto Winter’
26.5.2023
Digital Currency Group has revealed its decision to sunset its institutional trading platform, Tradeblock, on May 31, 2023. The company attributes the move to the “challenging regulatory environment” and the enduring effects of the “prolonged crypto winter,” signaling...
Steve Cho, Partner at Mechanism Capital, on Web3 VC funding and the Current Crypto Market Landscape | Ep. 233
26.5.2023
In an exclusive interview with cryptonews.com, Steve Cho, Head of Mechanism Play and Partner at Mechanism Capital, talks about the state of the Web3 gaming industry, the current crypto market landscape and its impact on VC funding for crypto projects....
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