Web3 Startup Wormhole Secures $225M, Achieving a $2.5B Valuation
Wormhole, the pioneering messaging protocol startup, has successfully secured an impressive $225 million in funding, achieving a remarkable $2.5 billion valuation. This […]
November Witnesses a Sharp Rise in Crypto Venture Capital Funding
Crypto Firms Garner $1.75B in Venture Capital Investments, Surpassing October’s Total; Dominated by Two Leading Bitcoin Mining Companies. November witnessed an impressive […]
Surge in VC Funding: Leading Web3 Games with the Highest Fundraising in 2023
In 2023, the Web3 gaming industry experienced a mixed bag of outcomes. Notably, a DappRadar report indicates a 65% reduction in the […]
Bitcoin Surges to $40,000, Reaching a 19-Month Peak Amid Optimism for ETF Approval and Anticipation of Federal Reserve Rate Reductions
KEY POINTS Bitcoin confidently surpassed the $40,000 milestone for the first time this year on Monday in Asia, fueled by the optimistic […]
Sleek secures $5 million in seed funding from Binance Labs and other investors
Sleek, a trailblazer in the Web3 social networks arena, recently achieved a significant triumph by securing $5 million in a seed funding […]
Fresh Ethereum Layer 2 Blast Draws $30M Shortly Following Activation of Bridge
Investors swiftly channeled over $30 million in ether and stablecoins into Blast, the latest Ethereum layer 2 network, mere hours after its […]
Superstate, a tokenization firm, secures a $14 million investment to integrate traditional funds onto the blockchain
Superstate, the blockchain-based asset management firm, has successfully secured $14 million in venture capital, signaling a significant milestone in its mission to […]
Blockchain.com’s valuation for 2022 is halved to $110 million in its latest funding round, according to a report
Blockchain.com, the leading crypto exchange and wallet provider, has successfully concluded a robust Series E financing round, securing an impressive $110 million […]
Lightspeed Faction Launches $285 Million Fund to Support Early-Stage Crypto Initiatives
Lightspeed Faction boldly announced the introduction of a $285 million fund exclusively dedicated to fueling the growth of early-stage blockchain projects within […]
Llama, a cryptocurrency company, concludes a $6 million funding round with Peter Thiel’s Founders Fund in the lead
Llama, the cutting-edge access control and governance platform designed for smart contracts, proudly unveiled a significant milestone on Monday—the successful closure of […]
OpenSea investor reportedly reduces platform stake by 90%: Report
Coatue Management, the prominent U.S. tech investment firm, has notably adjusted the valuation of its stake in the nonfungible token (NFT) platform […]
a16z supports Pimlico, a crypto startup based in London, as it intensifies its concentration on the UK
In a bold move, a16z announced its inaugural U.K. investment following the recent opening of its overseas office in London last Thursday. […]