Kraken Ventures aims to secure $100M in its second fund, emphasizing ‘early stage founders’
The fund will also set aside a “considerable portion” for follow-on investments and extended entrepreneurial assistance. Kraken Ventures is poised to raise […]
Auradine, a blockchain privacy company, secures $81 million in funding from Stanford and Marathon Digital
CEO Rajiv Khemani states that the sectors they are concentrating on will have “significant repercussions within the financial industry.” Auradine, the pioneering […]
Spearbit secures $7M funding to enhance crypto security audits via its open marketplace
Security is an absolute imperative within the crypto realm, a fact underscored by the persistent coverage of hacks and vulnerabilities. Regrettably, these […]
Cryptocurrency Gaming Investments Soared in July amidst Metaverse NFTs’ Lackluster Performance
In July, a total of $297 million was invested into the emerging cryptocurrency video game sector, yet sales of metaverse NFTs have […]
Illuminati Capital secures $50M to fund Web3 ventures, encompassing gaming initiatives
Illuminati Capital stands at the forefront of innovation, armed with a formidable $50 million investment pool destined for early-stage blockchain startups, including […]
Web3 security startup Cube3.ai comes out of stealth mode, securing $8.2 million in seed funding
Blockchange Ventures spearheaded the fundraising, joined by Dispersion Capital, Symbolic Capital, Hypersphere Ventures, Iclub, and TA Ventures. Cube3.ai, an assertive pioneer in […]
Binance Executes $90 Billion in Trades in China Despite Cryptocurrency Illegality
KEY TAKEAWAYS: With resolute determination, Binance, the world’s foremost cryptocurrency exchange, anticipated its departure from China in 2021 following the nation’s cryptocurrency […]
The metamorphosis of startup and entrepreneur fundraising through blockchain
Investors and innovators can craft and implement investment contracts directly using blockchain technology. The realm of venture capital has traditionally adhered to […]
Numerous crypto initiatives funded in 2021 continue their quest for achievement
Only a small fraction of crypto ventures, around 5%, have achieved product-market fit after securing funding in 2021, as revealed by a […]
Global Web3 Venture Funding Expected to Decrease for 7th Straight Quarter
Time flies indeed! As we approach the end of the first month of Q3, it’s time to assess the defining trends that […]
Coinbase CEO claims SEC compliance would’ve ‘doomed US crypto industry’
Coinbase’s CEO informed the Financial Times that the Securities and Exchange Commission requested a suspension of cryptocurrency trading, except for bitcoin, prior […]
Sequoia Slows Down Crypto Investment, Reduces Fund by 65%
Sequoia Capital has taken decisive action to adapt to the evolving crypto landscape, strategically reducing its crypto fund by over 65% to […]