Cryptocurrency Analysis and News Portal
Decentralized finance (DeFi) liquidity provider WOO Network has secured additional funds in a Series A funding round.Incubated by quantitative trading heavyweight Kronos Research, WOO Network has pocketed an additional $12 million strategic investment in a a Series A+ funding round led by Binance Labs. The fresh funding, announced by Binance Labs
Read More
Binance Labs, the crypto exchange’s venture capital and incubation arm, led a $60 million seed round in Multichain, formerly Anyswap.The cross-chain protocol counts over 300,000 users, according to , according to a press release shared with CoinDesk.Public data shows the protocol has roughly $4.8 billion in total value locked.Multichain will
Read More
“We did not raise funds. Instead, as our ecosystem and portfolio continues to grow, we’ve made, and will continue to make, a series of acquisitions that we are choosing not to disclose at this time,” Dapper Labs spokesperson Rachel Rogers told CoinDesk in an email. Original Source
Read More
Dapper Labs, the creator of basketball collectible platform NBA Top Shot, is raising $13.5 million in an equity offering and is nearly halfway toward meeting the goal, according to a new regulatory filing.The company has raised $6.5 million to date from one investor. Dapper started accepting investments on Nov. 22.Sports
Read More
“Whether it’s enhancing financial freedom or a new value-added service using stablecoins, we believe our new cohorts of Start Path crypto and digital assets companies combined with Mastercard’s expertise in the space will accelerate access to new ways to pay and prioritize choice for consumers and businesses,” Jess Turner, Mastercard’s
Read More
Blockchain intelligence firm TRM Labs has raised US$60 million in a Series B funding round led by investment firm Tiger Global, the company announced on Tuesday. Fast facts Also participating in the financing round were American Express’ Amex Ventures, Visa, B Capital Group, Citi Ventures, DRW Venture Capital, Blockchain Capital, Jump Capital,
Read More
Startup investing giant Tiger Global led the Series B, according to a press release. But perhaps more telling were the smaller contributors to TRM’s capitalization table. Among them: credit card companies (American Express, Visa, Citi), payments firms (Block (née Square), early backer PayPal) and a bevy of crypto VCs. Original Source
Read More
Another layer 1 smart contract platform is positioning itself to enter an increasingly crowded race for users and transaction volume.On Monday, Oasis Labs – developers of the Oasis privacy-preserving blockchain network – announced the launch of Emerald, an Ethereum Virtual Machine (EVM)-compatible ParaTime smart contract execution environment.Oasis allows for multiple
Read More
Snapshot, a key piece of tooling for decentralized autonomous organizations (DAOs), has taken a step forward today, raising $4 million to expand operations.The DAO voting portal announced the funding round on Friday. It was led by investment fund 1kx and included participation from The LAO, MetaCartel Ventures, Gnosis, StarkWare, Coinbase
Read More
Kucoin Labs, the investigative and investment arm of Kucoin, a cryptocurrency exchange, has launched a $100 million fund to incubate early metaverse related projects. These include blockchain gaming initiatives, NFT platforms, and decentralized platforms, among others. The support will also include direct involvement with the projects selected, including counseling about
Read More