Lots of fresh capital entered the crypto space this week, up 36% from last week’s $1.34 billion
The proposal would reduce the token allocation of a JUNO whale, alleged to have exploited a loophole, by over 98%
The Ethereum layer-2 developer is raising at least $100 million, Israeli newspaper Calcalist reported
Some crypto mining companies are turning to overlooked, smaller cities and towns to revitalize abandoned real estate and create high-paying jobs
Cake DeFi Ventures will focus its investments across Web3, the metaverse, the NFT space, gaming, esports and fintech spaces that will benefit its core business
The team will deploy the capital across 30 new companies or protocols, the firm’s managing partner told Blockworks
The program will focus on supporting blockchain-enabled gaming, DeFi, NFTs and institutional use cases
The stablecoin payment infrastructure provider’s seed round will go toward onboarding new users to Terra’s UST stablecoin and expanding cross-chain
The investment was led by Greylock Partners and Electric Capital with participation from Sequoia Capital, Blockchain Capital and Slow Ventures
The largest buzz came from Electric Capital with its $1 billion raise for two new funds focused on crypto ventures and tokens
The country initially announced an airdrop was “confirmed” for donors but canceled the plan 29 hours later
The novel crowdfunding and airdrop underscore potential for traditional organizations to bootstrap mainstream crypto adoption
Of those women, 60% said they plan on buying crypto within the next few months
The Series B round, led by Pantera Capital, raises the company’s valuation to $240 million
The capital raise brings the firm into a bigger playing field alongside major crypto funds such as Andreessen Horowitz, Paradigm and10T Holdings
Total value locked in DeFi protocols has risen 237% from $55.36 billion to $186.55 billion year-over-year, a trend Aligned expects to continue
The company plans to triple its headcount in the next year and double its supported protocols
The platform can be used to send and receive money for investments, payments and subscriptions
The firm’s past CFO Yaron Shalem was suspended from Celsius in November 2021, after he was arrested in Israel on allegations of money laundering, Blockworks reported
The funds will be used to establish a bitcoin reserve for Terra’s UST stablecoin
The crypto platform was founded in 2017 and works with over 1,000 clients in institutional and consumer markets.
Scammers made off with 254 NFTs, including a few Bored Ape Yacht Club NFTs, according to data from blockchain security firm PeckShield
The unit is FTX’s newest effort to encourage gaming studios to use crypto, blockchain technology and NFTs
A number of funding rounds this week focused on gaming and DeFi, hinting at continued growth and demand for the sectors in the months ahead
The Network of Decentralized Economics (NODE) will kick-start the program with $5 million to creators focused on blockchain gaming, play-to-earn gaming and the metaverse
Founders have asked the firm to take a more active role in managing its tokens — this fund will give it that ability to engage further, it said
Digital Currency Group, Multicoin Capital, Reciprocal Ventures, gumi Cryptos Capital, NGC Ventures and HashKey provided the capital to accelerate growth on The Graph
“It is clear that a gigantic shift is underway in digital currencies and financial services, and the applications extend beyond the financial sphere,” Tom Horton said to Blockworks
Payments and financial infrastructure firm Stronghold has launched a venture capital arm to expand into early-stage startups across three areas
The rebranding is to stress its independence and deemphasize Binance’s role going forward, Binance CEO Changpeng Zhao said
The announcement comes exactly two months after Brinc closed a $130 million funding raise led by Animoca
The media group is expected to go public this quarter on the New York Stock Exchange
The company, founded in 2018, is focused on building Bitcoin and Lightning Network payment infrastructure to help accelerate its growth and adoption
The individuals allegedly conspired to launder 119,754 bitcoins that were stolen from the platform after a hacker breached the systems and made over 2,000 unauthorized transactions
The protocol wants to help DAOs deploy governance tokens from treasuries to deepen token liquidity, without having to give up ownership
The capital raise boosts the platform’s valuation to $1.45 billion, following its $28 million Series A led by a16z in April 2021
The five-year-old Ethereum-focused ecosystem has scaled dramatically in the past year and more than doubled from about 3,000 dApps in October 2021 to over 7,000 dApps at the end of January
Some of the larger rounds include FTX’s $400 million and Phantom’s $109 million capital raises
Wormhole’s bridging portal is running again after it patched the vulnerability, the protocol stated
Professionals ranging from college graduates to 30-year finance veterans are pivoting into crypto, a source at a top global capital market firm said
The network has over $1 billion in total value locked and supports six blockchains: Terra, Solana, Ethereum, Binance Smart Chain, Avalanche and Polygon
The firm raised $69,420,000 in capital which will be used to distribute financial rewards to content creators and attract up to 1 million new Web3 analysts
“Some of our dreams couldn’t be realized at Facebook due to regulatory pressure or the company being unable to adopt cutting edge technology aggressively,” said Evan Cheng, co-founder and CEO of Mysten Labs
“Significant capital raises that closed last year will be deployed now, I expect an increased pace of activity,” Stan Miroshnik, co-founder of 10T Holdings, told Blockworks