Friday, March 29, 2024
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Movement Labs raises $3.4 million in pre-seed fund to launch SDK

Movement Labs has raised $3.4 million to launch a software development kit (SDK) for advancing web3 interoperability via their Movement framework used for building and deploying blockchains. Movement Labs’ pre-seed fund Funds were raised to promote the adoption of Move, a smart contract development language that includes built-in safeguards to protect projects

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Huobi’s new name HTX raises community eyebrows

Cryptocurrency exchange Huobi is celebrating its 10th anniversary with a controversial marketing move — the firm is rebranding from “Huobi” to “HTX,” echoing the name of the bankrupt exchange FTX.Huobi officially announced its rebranding on Sept. 13, renaming the company to the new global brand, HTX. The new naming stands for

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Animoca Brands Raises $20 Million for Its Mocaverse Project Expansion

Within the funding round, Animoca Brands issued Simple Agreements for Future Equity (SAFEs) priced at A$4.50 each and offered a free-attaching utility token warrant on a 1:1 dollar basis to the participants.  Hong Kong-based game software company Animoca Brands Corporation Ltd has raised as much as $20 million (approximately A$31.3 million)

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Web3 Gaming and Investment Firm Animoca Raises $20M From CMCC Global, Kingsway Capital, Others

Animoca Brands has been one of the leading investors in NFTs, blockchain gaming and metaverse-related companies in recent years, with backing from the likes of Singapore's state investment fund, Temasek. Animoca's aim is for Mocaverse to provide Web3-native tools for users to build gaming and other entertainment products. One such

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Zero Knowledge-Powered (ZK) Orderbook Brine Fi Raises $16.5M from Pantera Capital, StarkWare

“Brine tackles some of the most important challenges holding back institutional and mainstream user adoption in DeFi,” Paul Veradittakit, managing partner at Pantera Capital, said in a statement. “There's an urgent demand for a self-custodial execution layer that is faster, more reliable, user-friendly, and cost-effective.” Original Source

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AI Chipmaker d-Matrix Raises $110M in Series B Funding Round

d-Matrix’s innovative chip designs have been gaining recognition, particularly for their effectiveness in powering generative AI applications like ChatGPT. d-Matrix, a rising star in the artificial intelligence (AI) chip industry, has successfully secured a significant $110 million in a series B funding round, with substantial support from heavyweight investors, including tech

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