On April 10, the bitcoin mining rig producer Auradine revealed it had secured an $ 80 million investment in a Series B funding round. Additionally, the company highlighted that it has also achieved $ 80 million in bookings. Auradine Raises $ 80 Million, Doubling Down on Teraflux Mining Rig Expansion The California-headquartered …
PRESS RELEASE. In an unprecedented demonstration of community support and market confidence, DOP (Data Ownership Protocol) has successfully raised $ 162 million through its recent token sale. This remarkable achievement not only underscores DOP’s innovative approach to data ownership but also positions it among the top 10 token sales in the history of cryptocurrency. …
The Ghanaian fintech startup Zeepay recently secured a $ 3 million equity investment from the venture capital firm, Verdant Capital Hybrid Fund. Zeepay plans to use the raised funds to bolster its standing as it prepares for significant growth in 2024. Solidifying Zeepay’s Position in Africa The Ghanaian fintech startup, Zeepay, recently secured a …
On Friday, the Avalanche-based options protocol, Arrow Markets, unveiled its successful $ 4 million Series A fundraising initiative. The global project aiming to “revolutionize crypto options trading†garners support from prominent backers including Framework Ventures, Delphi Ventures, and the Avalanche Blizzard ecosystem fund. Crypto Options Platform Arrow Markets Bags $ 4M in Funding …
The layer-two (L2) initiative BOB, an acronym for ‘Build on Bitcoin,’ successfully secured $ 10 million during its seed funding round, led by Castle Island Ventures. The financial boost is set to advance the deployment of a Bitcoin L2 that is compatible with the Ethereum Virtual Machine (EVM), aiming to spur creativity across the …
Mantra, the Layer 1 blockchain for real-world assets (RWA), recently raised $ 11 million in an investment round that was led by Shorooq Partners. Mantra said the raised funds will also be used to provide developers with the tools they need to create RWA protocols and to expand the tokenization of these assets. Scaling …
On Monday, the crypto clearing house startup Cleartoken revealed that it raised $ 10 million from strategic investors including Nomura’s Laser Digital, Flow Traders, and LMAX Digital. Cleartoken Nets $ 10M to Launch U.K. Digital Asset Clearing Services The horizontal clearing house for the digital asset market, Cleartoken, revealed that it’s raised $ …
On March 11, ethereum’s price action painted a bullish picture, closing at $ 4,053 after touching a low of $ 3,800. With oscillators signaling mixed sentiments and moving averages strongly favoring buyers, the digital currency showcased a strong performance amidst a trading volume of $ 27.57 billion. Ethereum Ethereum’s (ETH) journey on …
On Tuesday, Nexo announced its Dubai entity, Nexo DWTC, had secured preliminary approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to engage in virtual asset lending, borrowing, and broker-dealer activities within the UAE’s most populous city. Nexo Gains Initial VARA Approval for Dubai Crypto Operations The crypto lender Nexo received a provisional “Initial Approval [IA]” […]
Digihost Technology Inc., a blockchain technology and mining enterprise based in the U.S., revealed a significant augmentation of its bitcoin mining capabilities, courtesy of a multi-year hosting contract with a “leading†global provider of digital currency mining equipment. Digihost Expands Mining Fleet Under Newly Inked Multi-Year Hosting Deal Digihost (Nasdaq: DGHI; TSXV: DGHI) said the […]
Moneyhash, a digital payments fintech startup, recently secured $ 4.5 million in a seed funding round. The fintech startup said it will use the capital raised to enhance its technology and fund its regional expansion drive. The Impact of COVID on Payments Moneyhash, an Egyptian fintech startup, recently secured $ 4.5 million in …
PRESS RELEASE. HONG KONG —February 26, 2024 – QED, the world’s first zk-Native blockchain protocol, announced today it has raised $ 3 million in a funding round led by Arrington Capital with participation from several prominent venture capital firms and companies including Paper Ventures, Starkware Draper Dragon, Blockchain Builders Fund, Lbk Labs, Valhalla Capital, …
On Thursday, the Eigen Labs development team, responsible for the Eigenlayer restaking protocol, announced a $ 100 million investment from A16z Crypto. This substantial funding comes after the project’s $ 50 million Series A round in March 2023. Eigenlayer’s Development Team, Eigen Labs, Garners $ 100M from A16z Crypto Eigen Labs has …
Startale Labs disclosed this week that it has garnered an additional $ 3.5 million in funding from UOB Venture Management. This latest seed funding round elevates the startup’s total investment to $ 7 million, which is earmarked for enhancing the firm’s Web3 offerings. Startale Labs Bags $ 3.5M Capital Injection From UOB …
On Monday, the Web3 blockchain interoperability platform Analog announced the team has raised $ 16 million in a funding round from a wide array of venture capitalists and firms including Balaji Srinivasan, Tribe Capital, and Wintermute. Furthermore, Analog has launched its Launch Partners Program to bolster the presence and market dominance of cross-chain initiatives. …