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San Francisco-based Tribe, which has $1.6 billion in assets under management, plans to make early-stage investments of $500,000-$3 million in layer 1 and 2 ecosystems, decentralized finance (DeFi) projects and infrastructure plays to bring real-world assets on chain, the sources said. Source
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Worldcoin, an ambitious crypto project co-founded by OpenAI CEO Sam Altman, has received a significant financial boost with the latest funding round. On May 25, the technology company behind Worldcoin, Tools for Humanity, announced an influx of $115 million in series C funding led by Blockchain Capital, marking a crucial
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Tools for Humanity, the team behind Worldcoin, has raised $115 million in a Series C funding round led by Blockchain Capital with participation from a16z, Bain Capital Crypto and Distributed Global. Worldcoin, a decentralized open source protocol, was co-founded by OpenAI CEO Sam Altman. Source
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In his post, Chang noted that venture capital money poured into the crypto industry in 2021, and the focus was on the so-called application layer of Web3, or decentralized applications (dapps) that helped onboard users into areas such as non-fungible tokens (NFTs) and decentralized finance (DeFi). As the bull market
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“The uncertainty and conservatism inhibits deal-making in the short term, much of which is to pilot, test and improve banks’ experience and understanding of this market in a controlled manner,” Sahir Akbar, managing director of prudential regulation at lobby group the Association for Financial Markets in Europe (AFME), said of
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The talks with Multicoin started in late August of last year, when FastLane didn’t have a corporation or even a pitch deck to show investors, Watts said. The long fundraise period gave the FastLane legal team time to get the infrastructure in place. Other participants in the round included Polygon
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied DigiToads‘ code is secure following a thorough review by Coinsult, a blockchain security and audit firm. Meanwhile, pepe coin (PEPE) remains under pressure and faltering. As laws regulating crypto and the industry are being developed, the resulting
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Top blockchain teams and venture funds, including Algorand Foundation, Arrington Capital, and others, have come together to establish a $50 million cross-chain ecosystem fund. Managed by Borderless Capital, the fund is aimed at supporting and
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A combination of more hash rate coming online from mining plants and a price protection approach is shielding Bitcoin mining firm Marathon Digital Holdings through the bear market, CEO Fred Thiel told Cryptox. In an exclusive interview during the 2023 Bitcoin Conference in Miami, Thiel disclosed the strategy behind Marathon’s figures in
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Among the other investors are Jump Crypto, Arrington Capital, the Solana Foundation and Aptos Labs. Original Source
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