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Transak said that the funds raised will go towards global expansion by building onboard solutions, financial applications, as well as Web3 games. Web3 crypto startups have been recently on the radar of investors and have been raising funds even in the current macro scenario. On Tuesday, May 30, Web3 payments
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Due to the recent failures and flaws of the traditional banking system, Bitcoin’s potential to foster a more secure global economy may have come to light in a new way. River, a Bitcoin technology and financial services startup, has completed a $35 million Series B funding round. This follows after its
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Executives of Nasdaq-listed semiconductor firm Silicon Laboratories participated in the round. Source
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Fedi, the U.S.-based fintech which is led by the Nigerian bitcoin advocate Obi Nwosu, said on May 3 that it recently raised $17 million in a Series A funding round. The company said it will use the funds to help it launch what it called the “world’s first federated operating
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Global tire manufacturer, Michelin, has announced the launch of the non-fungible token (NFT) series “Michelin 3xplorer Club”. It is set of 5,000 NFTs that will go on sale and be minted on Ethereum on June 15. The
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The investment from a16z is a strong vote of confidence in Pinecone’s technology. California-based AI startup, Pinecone has received a $100 million investment from venture capital firm Andreessen Horowitz (a16z) in its series B funding. The round also featured ICONIQ Growth, Menlo Ventures, and Wing Venture Capital. Following the investment, the company
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The animated show about trash collectors in space was written by “Workaholics” producer Dominic Russo and stars "Napoleon Dynamite" actor Jon Heder. Source
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Berachain’s “proof-of-liquidity” consensus system will allow users to simultaneously stake assets on Berachain while using those assets to trade, borrow, or lend on-chain. On Thursday, April 20, DeFi-focused Layer 1 platform Berachain announced that it had raised a total of $42 million in Series A funding at a valuation of
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On Apr. 20, specialized cloud provider CoreWeave announced that it had secured $221 million in a Series B funding round, putting the company on track to expand operations and increase capacity in various emerging technologies. The raise was led by Magnetar Capital with contributions from NVIDIA and rounded out by Nat
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"Tableland integrates a battle-tested database into EVM-based smart contracts for the first time," said Tabelland co-founder Andrew Hill in the press release. "The ease and familiarity of SQL combined with a network of pre-built, composable data models will make it possible for developers to turn ideas into dapps faster than
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