BitGo’s Series C funding featured entirely new investors based in the United States and Asia, CEO Mike Belshe said.
Kraken Ventures to raise $100M in second fund, with focus on ‘early stage founders’
The organization will also reserve a “significant portion” of the fund for follow-on investments and long-term entrepreneurial support.
How blockchain is transforming fundraising for startups and entrepreneurs
Investors and entrepreneurs can create and execute investment agreements directly on the blockchain.
OpenSea’s New Deal, McNuggets Land in the Metaverse
This week, OpenSea introduced “Deals,” allowing NFT collectors to trade directly with one another and McDonald’s launched McNugget Land in The Sandbox, inviting users to interact with pixelated nuggets and play mini-games.
Crypto VC Firm Polychain Capital Raises $200M for Fourth Fund: Fortune
he crypto-focused firm has also cut three members of its research and development staff.
VC Funding in Web3 Plummets 76%: Crunchbase Data
In the second quarter of 2023, Web3 startups raised just over $1.8 billion, compared to $7.5 billion during the same period last year.
FTX splurged on cartoon, book about humans and ‘Pineapple House,’ alleges CEO
Thousands in grants were given out by former FTX executives for niche projects, according to a report by FTX restructuring chief John Ray.
Startup Kaito Gets $87.5M Valuation in New Funding to Build AI Search Engine for Crypto
The search engine combines real-time data with large language models like ChatGPT.
Australian Data Center Startup Arkon Expands to U.S. With $26M in Fresh Funding
CEO Joshua Payne said he expects the acquisition of a data center in Hannibal, Ohio to be “the first of several” over the next year.
Hong Kong says Cyberport attracted 150 Web3 firms in a year
The country’s financial secretary says state funding and support have helped draw Web3 innovators to the digital hub.
Is the cryptocurrency market about to break its 10-week losing streak?
Regulatory uncertainty and the lack of transparency on stablecoins caused crypto markets to trade at its lowest levels in 3 months.
Coinbase CEO Brian Armstrong’s ResearchHub Startup Raises $5M in Funding
The Series A round was led by Open Source Software Capital with participation from Boost VC, RedHat’s Bob Young and others.
Bitcoin and select altcoins show resilience even as the crypto market sell-off continues
Regulatory enforcement against the crypto sector has spooked investors, but the total crypto market capitalization continues to hold above $1 trillion.
HyperPlay raises $12M in Series A funding round
Griffin Gaming Partners and Bitkraft co-lead investors in a $12 million Series A funding round for MetaMask and Game7’s HyperPlay.
Cronos Labs launches second cohort of $100M Web3 accelerator
On May 15, the chosen projects commenced the 12-week program after being granted seed funding of $30,000.
Sam Altman’s Worldcoin secures $115M for decentralized ID
Funds will be used to support the decentralized World ID and the recently released crypto wallet World App. VC firms A16z Crypto, Bain Capital Crypto, and Distributed Global are investors in the round.
Dispersion Capital launches $40M venture fund to ‘bring Web3 to the masses’
The firm aims to fund startups building infrastructure for Web3 and other decentralized technology projects.
Bitcoin, Ethereum bears are back in control — Two derivative metrics suggest
Given the uncertainty in the macroeconomic environment, Bitcoin price bulls have no reason to bet against a six-week descending wedge pattern.
How crypto funds shape the development of the digital asset market
A look at the role played by crypto funds in providing essential capital and liquidity, propelling the growth and expansion of the crypto market.
Red Beard Ventures Closes $25M Funding Round With Animoca Brands, SuperRare
The Web3 venture capital firm hopes to support early-stage DeFi and Web3 gaming projects and is also launching a tokenomics accelerator.