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 […]
$125M CoinDesk deal potentially reaching its concluding phase
The cryptocurrency news site, presently owned by Digital Currency Group (DCG), is anticipated to be partially divested to an investor group. The […]
Brevan Howard Contributes to $12M Round for Liquid Staking Protocol Alluvial
Ethereal Ventures and Variant jointly led the funding round for Alluvial, the mastermind behind Liquid Collective, a platform tailored for enterprises and […]
Binance Labs injects $15M into Web3 Gaming Startup Xterio
The capital aids Xterio in expanding its platform with additional games and artificial intelligence integrations. Binance Labs, the renowned investment arm of […]
Dragonfly, led by Arthur Hayes, invests $6M in a new stablecoin project called Ethena
The Portugal-based startup aims to introduce a bond token on the stablecoin platform during the third quarter of 2023. Ethena, a dynamic […]
Metaverse startup Futureverse secures $54M Series A funding from 10T Holdings and Ripple Labs
The Futureverse emerged from the merger of eight companies in late 2022, and later absorbed three more. Futureverse, an ambitious startup born […]