Sahara co-founder Sean Ren, a computer science professor at the University of Southern California, says his tech can help workers and businesses get compensated for their knowledge, data and expertise in the age of AI.
Crypto VC Polychain Capital confirms founder’s X account hacked
Polychain Capital is urging users to stay away from the X account of its founder, Olaf Carlson-Wee, as it is posting phishing links.
Bain Capital, Polychain, Lead $6M Funding Round For Privacy Protocol Firm Nocturne Labs
Other investors included Ethereum co-founder Vitalik Buterin, Bankless Ventures and HackVC.
Decentralized Exchange Bluefin’s New Version Goes Live on Sui Network
The platform’s v2 allows sub-second optimistic trades and trading without a crypto wallet, the company said.
Polychain Capital Co-Leads $25M Fundraise for Manta Network Developer
The cryptographic development project, p0x, received a valuation of $500 million.
Polychain Capital, Coinfund raise $350M for new crypto funds: Report
Polychain Capital raised $200M for its newest fund while Coinfund raised a better-than-expected $152 million.
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.
DeFi-Focused Layer 1 Berachain Raises $42M Series A at $420.69M Valuation
The round was led by Polychain Capital and included participation from venture capital firms Hack VC, dao5, Tribe Capital, Shima Capital and Robot Ventures.
Polychain Leads $15M Funding Round for Crypto Startup Polyhedra Network
The Web3 infrastructure provider has now raised money twice in 2023.
Polyhedra Network Raises $10M for Zero-Knowledge Infrastructure
Binance Labs and Polychain Capital led the round with Animoca Brands and dao5 participating.
Finance Redefined: Acala wins Polkadot parachain, and Iota set to launch Shimmer, Nov. 12–19
Acala was victorious in Polkadot’s first parachain auction, Iota announced its staking network, and Uniswap liquidity providers lose money — all coming to you in this week’s Finance Redefined.
Reports Show 45% Surge In Stock And Cryptocurrency Sign-Ups Across Rural Areas In India
The high jump in new registrations is on 45% increase, equivalent to 70 million compared to the previous year. The BSE stock exchange revealed this information was in their data.
There had been an increasing number of users, mostly young investors in remote locations across India last year. According to the Economic Times report, these investors seek to buy and trade stocks and cryptocurrencies.
Related Reading | Total Cryptocurrency Market Cap Value Surges Across $1.9 Trillion Setting A New Record
The Times report states that Wealth management and Cryptocurrency platforms attract new users due to strong market performance. The success can also be attributed to increased awareness and targeted ads-the report added.
Report From BSE Stock Exchange Data
The report from the BSE stock exchange data revealed that the increase in new user sign-ups had reached 45%. This equals 70 million when rated with the figure of the previous year.
BSE stock exchange can be referred to as either the BSE Limited or the Bombay Stock Exchange. It’s an Indian stock exchange located on Dalal Street in Mumbai and was established in 1875. BSE stock exchange is the oldest stock exchange in South Asia and the tenth oldest in the world.
As of August 23, new user registrations in Uttar Pradesh had an approximately 60% increase. In addition, the states of Assam, Madhya Pradesh, Odisha, Bihar also recorded a significant increase from the prior year.
The report reveals that CoinSwitch Kuber increased 135% in monthly growth from non-metro cities from last June. CoinSwitch Kuber is an app-based cryptocurrency exchange platform peculiar to the Indian market for retail investors. It’s a mobile application and supports trade in over 100 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, and Dash.
India’s Cryptocurrency Exchange Records Massive Growth
However, India’s CoinDCX grew by 48.7 times in new user registrations from the scarcely populated cities in India. This figure represents the growth rate of new user sign-ups for the past six months.
CoinDCX is India’s largest and safest cryptocurrency exchange. It provides a trading platform for buying and selling Bitcoin and other cryptocurrencies with ease. The exchange had raised $90 million (6.7 billion rupees) from investors during a funding round, giving it over $1 billion value.
Related Reading | FTX Bags Naming Rights Of Cal Memorial Stadium For $17.5M To Display Their Brand
According to a CoinDesk report in July, Eduardo Saverin’s B Capital Group led the funding round. However, the funding came out lower than the initial target of $10 million to $20 million. Other investors in the round are Polychain Capital, Coinbase, Jump Capital, and Block.one.
India is among the high populated country in the world. It has about 1.33 billion occupants. This makes it the second to China with 1.39 billion inhabitants, as revealed by the U.S. Census Bureau data.
Featured Image From Pixabay
Saddle Raises $4.3M for Slippage-Free DeFi Trading
Silicon Valley’s Saddle is solving the stablecoin spread that currently dogs DeFi.
Predictions Platform Polymarket Raises $4M From Polychain, Naval Ravikant and More
The decentralized information marketplace, currently in beta, said the investment will help it improve the user experience.
Polychain Capital’s Original Crypto Fund Raises an Additional $19.5M
The fund has raised $307 million in its four year history of investing in crypto and SAFTs.
KeeperDAO Raises Seven-Figure Seed Investment From Polychain, Three Arrows
The funding comes at a time when DeFi has seen an explosion in growth.
Tezos-Based DAO Goes Live With Launch of STKR Token
Tezos-based “tokenized hedge fund” Stakerdao is now live after distributing its STKR governance token to funding round partners.
Polychain Capital, Square Crypto’s Steve Lee Invest in Bitcoin Broker’s $5.7M Seed Round
Bitcoin broker River Financial has closed a $5.7 million seed round to secure additional U.S. money transmitter licenses.
Investors in Polychain Capital’s Crypto Hedge Fund Saw 1,332% Gains – If They Stomached the Dips
An investor document obtained by CoinDesk charts the dramatic ups and downs of the first four years of Polychain Capital’s cryptocurrency hedge fund.
Polychain Capital Is Raising a $200M Crypto Venture Fund, Slide Deck Reveals
Polychain Capital, one of the crypto industry’s leading venture firms, is targeting $200 million for its second fund.