PRESS RELEASE. Web3 game studio Qooverse has secured pre-seed funding in a round led by VC firm Paper Ventures, followed by Animoca Brands, Merit Circle, and notable angels in the industry. Founded by a creative team whose professional background includes time at Tencent and Goldman Sachs, Qooverse is developing an ecosystem of mid-core and casual […]
PRESS RELEASE. Singapore, November 26th, 2024 – Vanilla Finance, the #1 exchange by trading volume on Telegram, today announced the successful closure of their Pre-Seed investment round led by Paper Ventures, UOB Ventures, & ABCDE Labs among other top tier ventures and investors, including HTX Ventures, Ocular, Openspace, Y2 Ventures, Signum Capital and angel investors […]
PRESS RELEASE. NEW YORK, NY (November 12, 2024) – BetHog, a new cryptocurrency casino and sportsbook, announces its public launch with $ 6 million in seed funding led by 6MV with participation from Will Ventures, Bullpen Capital, Karatage, Advancit Capital, and several angel investors including Chris Grove, Partner Emeritus at Eilers & Krejcik, LLC …
Glauber Contessoto, the self-proclaimed first dogecoin millionaire, has recovered from DOGE’s price downfall, which reduced his $ 3 million fortune to $ 50,000 last year. The “Slumdoge Millionaire,” as he calls himself on social media, stated that he never lost faith in the meme coin. “People love to kick you when you’re down …
Moniepoint, a Nigerian fintech company, has raised $ 110 million in Series C funding to expand its services across Africa and globally, becoming the latest Nigerian fintech unicorn. Moniepoint Seeks to Serve Global African Market with New Funding Moniepoint, a Nigerian fintech company, recently announced it had raised $ 110 million in a …
Crypto’s first Meme Index Fund (MIF), Vantard, made an explosive debut on 22nd October, selling out the first round of its presale, worth $ 500K, in a matter of minutes. With the treasury fully loaded, Vantard has conducted spot purchases of memecoins, building its portfolio of the world’s best-performing memes, including blue chips like …
Hermetica, the creator of USDH, a Bitcoin-backed, yield-bearing synthetic dollar, has secured $ 1.7 million in seed funding. The round, led by UTXO Management, will accelerate the development of USDH, a stablecoin that operates on Bitcoin’s layer one (L1) and layer two (L2) networks. USDH Gains Momentum as Hermetica Raises $ 1.7 Million …
PRESS RELEASE. Limitless Labs, the R&D network behind prediction market Limitless, has announced the successful closure of a pre-seed round. A total of $ 3M was raised in a round led by prominent venture capital firm 1confirmation, which has backing from tech veterals such as Peter Thiel, Marc Andreessen and Mark Cuban. Notable investors …
A federal judge this week sided with the prediction market Kalshi’s motion for summary judgment in its legal battle with the U.S. Commodity Futures Trading Commission (CFTC). This decision opens the door for U.S. citizens to place bets on the upcoming November election. However, the ruling isn’t the final word just yet, as the CFTC […]
Ark Labs has secured $ 2.5 million in pre-seed funding led by Tim Draper, aimed at advancing the Ark protocol for simplifying bitcoin payments. This funding will help Ark Labs enhance their user-friendly, non-custodial payment system, making bitcoin more accessible for global commerce. Ark Labs Raises $ 2.5M to Simplify Bitcoin Payments Ark …
Essential has successfully secured $ 11 million in Series A funding. The round was led by Archetype, with contributions from IOSG, Spartan, Mirana, Amber Group, Maven 11, Bodhi Ventures, Big Brain Holdings, Heartcore Capital, Selini, DCLM, and Propeller Heads, and others. This funding will accelerate the development of Essential’s blockchain, which aims to revolutionize …
While U.S. spot ether exchange-traded funds (ETFs) experienced outflows on Wednesday, bitcoin ETFs saw inflows totaling $ 44.51 million. Blackrock’s IBIT led with gains of $ 65.99 million, followed by Ark Invest’s and 21shares’ ARKB with $ 3.29 million. While Blackrock Captures Nearly $ 66M, Grayscale Outflows Weigh in Again During …
The Egyptian fintech giant MNT Halan has raised $ 157.5 million to fund its regional expansion. Mounir Nakhla stated that MNT Halan’s planned international expansion will happen through mergers, acquisitions, and partnerships. MNT Halan Targets Pakistan The Egyptian fintech giant, MNT Halan, has raised $ 157.5 million in its latest funding round. The …
NPC Labs, an onchain product distribution platform founded by former members of Base, has successfully raised $ 18 million in a Seed Round led by Pantera Capital. The funding round saw participation from prominent investors such as Makers Fund, Hashed, Collab+Currency, Sfermion, Mirana Ventures, Bitscale Capital, and Mantle Ecofund. This latest funding round brings …
PRESS RELEASE. HTX DAO has announced its receipt of the second Ecosystem Liquidity Pledge took place on July 16, 2024. Through this pledge, 80,223,880 TRX and 9,631,105,301,954.7 $ HTX (worth 21,500,000 USDT) have been allocated to SUN.io to enhance liquidity and all LP tokens have been credited to a zero address. As of press, …