Cryptocurrency Analysis and News Portal
Cryptocurrency accounting and data company Lukka said it had raised $110 million in a new funding round led by hedge fund giant Marshall Wace.In a Friday announcement, Lukka said it had completed a $110 million Series E funding round led by Marshall Wace, with participation from Soros Fund Management —
Read More
El Salvador’s historic embrace of Bitcoin (BTC) could have negative consequences on the country’s sovereign credit outlook, according to Moody’s Investors Service. Moody’s analyst Jaime Reusche told Bloomberg this week that El Salvador’s Bitcoin gambit “certainly adds to the risk portfolio” of a country that has struggled with liquidity issues in
Read More
Proof-of-stake blockchain Near Protocol has raised $150 million in seed investments to accelerate the adoption of Web3 technologies. The team announced that the fund would be used to develop regional hubs and raise awareness for blockchain and decentralized tech.Near Protocol aims to use the fresh funds to foster the adoption
Read More
Launched seven months ago, San Francisco-based Allbridge serves as a bridge for transferring assets between Ethereum Virtual Machine (EVM) and non-EVM compatible blockchains. Supported chains include Solana, Avalanche, Fantom, Celo, Polygon, Ethereum, BSC and Terra. Original Source
Read More
On Thursday, the Near Foundation announced the close of a $150 million funding round. Su Zhu’s Three Arrows Capital led the private token sale, with participation from major crypto-focused funds including Mechanism Capital, Dragonfly Capital, Andreessen Horowitz (a16z), Jump, Alameda, Zee Prime and Amber Group, among others. Original Source
Read More
Proof of Learn (POL), a Web 3 learn-to-earn platform, has raised $15 million in a funding round led by venture capital firm New Enterprise Associates.The firm will use the funding to spread awareness among users. POL will give users access to Web 3 employers through a careers marketplace, while letting
Read More
London-based global payments processor Checkout.com has raised $1 billion in Series D funding at a $40 billion valuation. The funding will help drive three key initiatives: U.S. market growth, continued evolution of the technology platform and Web 3 efforts. Source
Read More
“Conceptually, this is exactly how governance should look here,” they said. “Let’s not have any pretensions of true democracy here – we’re working with governance tokens as votes. The world we have to [get to] before utilities can stop being built, there needs to be a clear, transparent price tag
Read More
“Zero Hash has defined a new fintech vertical of ‘digital-assets-as-a-service,’” founder and CEO Edward Woodford said in a press release. “Our thesis is very simple – every financial services firm and a wide variety of customer businesses will offer a crypto or NFT product within the next 12 months.” Original Source
Read More
Seba Bank, a Swiss-based digital assets banking platform regulated by the Swiss Financial Market Supervisory Authority, announced on Wednesday that it had completed a successful Series C funding round of 110 million Swiss franc, or $119 million U.S. dollars. Notable investors in the round included cryptocurrency exchange FTX, quantitative digital currency
Read More