Cryptocurrency Analysis and News Portal
Cryptocurrency firm Pantera Capital has raised $134 million for its bitcoin fund, according to a form D filing with the U.S. Securities and Exchange Commission.Formed in 2013, the Pantera Bitcoin Fund Ltd. was the first U.S.-based bitcoin fund. In an investor letter at the end of 2017, Pantera boasted a
Read More
The CryptoKitties-meets-Pokemon blockchain game Axie Infinity has raised $860,000 in a strategic sale of its AXS governance token.The funding round, led by Delphi Digital, is meant to help further gamify yield farming. Like CryptoKitties, Axies are non-fungible tokens (NFTs) represented as cryptographically unique cartoon characters that can’t be replicated. And like
Read More
Lisbon-based non-fungible token (NFT) platform Mintbase has closed a $1 million seed funding round.The round, led by Chinese venture capital firm Sino Global and with participation from D1 Ventures, Block Oracle Capital, Arweave and angel investors, is meant to help Mintbase stand out from a growing pack of NFT platforms.“Being
Read More
OXIO wants to use blockchain to make “Telecom-as-a-Service” as common as SaaS.To that end, the New York-based startup is announcing Tuesday a $12 million Series A funding round, led by Brazilian VC monashees and Atlantico Capital, with participation from FinTech Collective and Multicoin Capital. It takes the firm’s total fundraising
Read More
Axelar, a decentralized protocol designed by the founding members of Algorand to allow cross-blockchain communication, has raised $3.75 million in seed funding.Announced Thursday, the round saw participation from investors including Binance X, the investment arm and accelerator of cryptocurrency exchange Binance, as well as San Fransisco-based venture capital firm DCVC
Read More
Decentralized oracle platform Razor Network has raised $3.7 million in a seed funding round from NGC Ventures, Alameda Research, Spark Digital Capital and private investors including Mariano Conti, former head of oracles at MakerDAO.“Mariano really understands what we’re doing,” said Razor Network founder and CEO Hrishikesh Huilgolkar in an interview.
Read More
Singapore-based NIFTEX, the platform that allows for the fractional trading of non-fungible tokens (NFTs), announced a $500,000 funding round led by 1kx and joined by CoinFund, MetaCartel Ventures, Sparq and Digital Currency Group (CryptoX’s parent company).The company launched its alpha version five months ago and has generated more than $2
Read More
Crypto derivatives exchange Opium has closed a $3.25 million funding round involving investors such as QCP Soteria, Kenetic Capital and Sam Bankman-Fried’s Alameda Research. The Amsterdam-based startup allows for users to launch custom and exotic decentralized derivatives that anyone with an internet connection and an Ethereum wallet can access. Founder and CEO
Read More
Cryptocurrency derivatives exchange FTX is increasing the margin requirements on its TRUMP and other President 2020 futures contracts.Announced Friday, the exchange said it is upping the initial margin requirement to $0.50, meaning traders must put up that amount to acquire 1 short TRUMP contract. The change comes in on Saturday
Read More
Figment said the latest round will enable it to continue developing its blockchain staking, governance and developer tools. Source
Read More