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DeFi Lending Attracts VC Backing Despite Sharp Drop in Crypto Fundraising

A report published by venture capital research firm, Ana.vc, has revealed a 57% decline in crypto funding from VCs over the month of April.Despite the decline in overall investment, the decentralized lending sector appears to still be flourishing — raising 150% of its March total.Crypto fundraising plummets during AprilThe report

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Paxful Launches Bitcoin Fundraising Campaign to Combat COVID-19 in Africa

Peer-to-peer (P2P) cryptocurrency marketplace Paxful announced on May 4 the expansion of its #BuiltWithBitcoin charitable initiative in Africa with the launch of the “Africa Fund.” The fund will use Bitcoin (BTC) donations to purchase essential resources for the fight against the coronavirus pandemic.According to the announcement, COVID-19 cases are increasing in

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Openfinance Lists New Security Token in Charity Fundraising Effort

Openfinance, a platform for secondary market trading of digital assets, is listing Lottery.com’s LDCC security token for U.S. investors.Both accredited and unaccredited investors can buy and trade the LDCC token on Openfinance's alternative trading system (ATS), the company announced Wednesday. Issued on the ethereum blockchain, the token was designed to

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Rob ‘Crypto Bobby’ Paone and Preethi Kasireddy on Fundraising, Halvings, and the Long Steady Slog of Crypto

Rob Paone, aka Crypto Bobby, got his start as a popular crypto YouTuber and has gone on to help build a number of crypto companies before launching his own technical recruitment firm. Preethi Kasireddy is the founder of the TruStory debate platform. In two individual interviews as part of The

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Singaporean Gov’t Blockchain Platform Facilitates $15.7 Million in Fundraising

The Singaporean government-backed blockchain platform Tribe has helped raise another $15.7 million for participating companies through its ecosystem.In a press release shared with CryptoX on Dec. 2, Tribe Accelerator revealed that a total of $28 million had been raised to date to support start-ups from around the world attempting

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Kraken Raises Over $13 Million In Its Latest Fundraising Round

San Francisco-based cryptocurrency exchange Kraken has raised over $13 million in financing on online investment platform BnkToTheFuture.Kraken has raised $13.5 million from 2264 investors, surpassing its initial target of $10.2 million purportedly due to popular demand. The fundraising campaign of Kraken — which has over four million clients in

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