Cryptocurrency Analysis and News Portal
Summary of blockchain project fundraising for the week of Oct. 30 to Nov. 3. Highlights included a $12M raise for Ekubo Protocol and $6.3M for the AI-based blockchain project Modulus. Source
Read More
Blockchain forensic firm Elliptic says there’s “no evidence” that Hamas is receiving a significant volume of cryptocurrency donations to fund its attacks against Israel.“There is no evidence to support the assertion that Hamas has received significant volumes of crypto donations,” Elliptic said in an Oct. 25 statement. The amounts raised
Read More
Analysts at DappRadar say the decline in funding is due to the distinct market dynamics of 2023. Web3 gaming projects raised $600 million in Q3 2023, which is 50% lower than in Q3 2022, according to data provided by DappRadar. Although the number of deals in the third quarter was not
Read More
CryptoX reported this June that Hamas’ militant wing, Izz ad-Din al-Qassam Brigades, had received up to $100,000 in bitcoin (BTC) since the beginning of 2021 – with a spike in donations in May, when Israel and Hamas exchanged rocket attacks. Binance was at the center of the transactions, according to
Read More
A recent investigation by Forbes, in collaboration with Gray Wolf Analytics and Inca Digital, suggests that Binance’s initial coin offering (ICO) for BNB in 2017 “was a flop”. The report claims that Binance likely raised less than $5 million for BNB, its native token, through its ICO, significantly less than what the exchange
Read More
The core concept of IYK revolves around the integration of NFC (near-field communication) chips into merchandise and apparel. Besides, the platform is also popular among musicians and artists. IYK, a Web3 startup whose clientele includes Adidas, Billionaire Boys Club, and Atlantic Records, has successfully raised over $16.8 million in a
Read More
More and more Ethereum blockchain operators have complied with sanctions from the OFAC, raising censorship concerns among decentralization proponents and network participants. Toni Wahrstätter, an Ethereum researcher, noted that five of the six largest block builders on Ethereum’s blockchain actively censor certain transactions in line with the Treasury Department’s Office of
Read More
The speedy new meme coin Sonik Coin (SONIK) has exploded past $1.35 million in its presale after launching less than three weeks
Read More
Several major institutions, among them BlackRock, Fidelity, WisdomTree and Valkyrie, have in recent months filed applications for a spot bitcoin ETF to make investing in bitcoin more accessible. While the Securities and Exchange Commission (SEC) has in the past rejected such applications, many experts say there is a good chance
Read More
Infrastructure projects again dominated the week with six projects, while Web3 was the only other category represented. The week was also dominated by early-stage deals in the seed or pre-Series A stages, a common theme during the extended crypto winter. Later stage rounds involve more risk and due diligence, and
Read More