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Consensys, the Ethereum-based software boutique, is aiming to get a valuation that could reach $3 billion dollars in its upcoming funding round. The company would be taking advantage of the bullish climate the industry is experiencing right now to achieve this important milestone. Also, Consensys is flexing its economic muscle
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Futureswap has raised $12 million in venture funding from Framework Ventures, Ribbit Capital and Placeholder.vc to launch an updated version of its Ethereum-based exchange.The protocol, which taps into v3 of leading automated market maker (AMM) Uniswap, enables leverage of up to 30 times on any liquidity pool. “We’re super excited
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ConsenSys, a blockchain company that develops and invests in Ethereum-based projects, is in talks about a funding round that would value it at $3 billion, the Financial Times reported Monday, citing people who had been briefed about the plans.It is not clear which investors are behind the new funding round.The
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Blockchain has been one of the greatest advancements we’ve witnessed in the past few decades and maybe even in history. Bitcoin creator Satoshi Nakamoto created it with a view to upend traditional financial institutions and remove the middleman from the majority of transactions. Based on a trustless system where ‘miners’ authenticate
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Spellfire, a legendary card-based NFT game powered by Ethereum and incorporating some unique features, has successfully completed its seed funding round. Terranova, x21 and Autonomy Capital have led 360,000 USD investment into the project, with more investors eyeing spellfire’s incoming private round. Spellfire has some unique features which make it stand out
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Stader Labs, a cryptocurrency staking management platform, has today announced a $4 million financing round to accelerate development across multiple blockchains including Ethereum, Near and Polkadot, as well as broadening its marketing campaigns.The funding raise was conducted by Pantera Capital, with participation from a prominent number of venture capital funds,
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Art Blocks CEO Erick Calderon has turned generative NFT squiggles into a digital art behemoth. This week on “Opinionated,” we speak with “Snowfro” about the artists whose algorithms power one of the hottest corners of the metaverse. Their NFT sales recently helped Art Blocks raise $6 million from equity investors,
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The product will be launching natively on Arbitrum, per a press release provided to CoinDesk. Wu said that an Arbitrum-native release made more sense than the Ethereum base layer after the team studied various scaling solutions, coming to the conclusion that optimistic rollups would be the long-term solution to scalability. Original
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Crypto exchange BitOasis has raised $30 million in a Series B funding round co-led by Jump Capital and venture capital firm Wamda, which focuses on the Middle East and north Africa.The money will be used to fund the Dubai-based exchange’s expansion in the region and to meet regulatory compliance.Other investors
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The exchange has set itself the goal of onboarding 50 million Indians with the launch of new crypto products and services such as lending and staking.Oct 6, 2021 at 8:14 a.m. UTCUpdated Oct 6, 2021 at 8:14 a.m. UTCL to R: Vimal Sagar, co-founder & COO; Govind Soni, co-founder &
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