Metaverse Startup Futureverse Raises $54M Series A From 10T Holdings, Ripple Labs
Futureverse formed out of the merger of eight companies in late 2022, with three more assimilated subsequently. Original Source
Read More
Startup
Elon Musk’s new AI startup is as ambitious as it is doomed
Almost nothing is known about Elon Musk’s latest endeavor, an artificial intelligence startup named xAI. But “almost nothing” is still something. And we can glean a lot from what little we do know.As Cryptox recently reported, Musk announced xAI on July 12 in a statement comprising three sentences, “Today we announce
Read More
US ‘dominates’ crypto startup funding in Q2: Report
Despite facing regulatory scrutiny in the United States, crypto firms continue to innovate, with nearly half of all capital investments flowing towards U.S. crypto businesses, according to a recent report.Published by crypto investment firm Galaxy Digital on July 14, the report stated that US-based crypto start-ups had a significant share
Read More
FTX victim raises $450k for liquid token startup
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied FTX victim, who lost over 90% of his net worth following the collapse, successfully raised $450,000 from his recently launched trading fund. Belgian resident Kasper Vendeloock recently launched Musca Capital, a new fund that trades liquid tokens.
Read More
Binance Labs Invests $15M in Web3 Gaming Startup Xterio
“The Xterio ecosystem is expanding faster than ever and bridges free-to-play genres with on-chain gaming enhanced by AI capabilities,” said Yi He, co-founder of Binance and head of Binance Labs. “The Xterio core team brings together experienced Web2 professionals with Web3 expertise; we look forward to closely working with them
Read More
Data Startup Space and Time Creates Chatbot Powered by OpenAI’s ChatGPT for Database Querying
Space and Time's technology, proof-of-SQL, "allows the data warehouse to generate a SNARK cryptographic proof of SQL query execution, proving that query computation was done accurately and that both the query and the data are verifiably tamperpoof," according to its website. Within Web 3 environments, this is particularly important because
Read More
Binance Labs Leads AI-Backed Blockchain Data Startup Web3Go $4M Funding Round
Web3Go, a blockchain company offering data tools backed by artificial intelligence (AI), has raised $4 million in a seed round led by Binance Labs with participation from HashKey Capital, NGC, Shima Capital, IVC, LIF, Big Brain Holdings and Archerman Capital, according to a press release. Source
Read More
Tech Startup Nothing Secures $96M Funding for US Expansion Ahead of Phone (2) Launch
Despite the challenging landscape of the smartphone consumer market and the economic climate, Nothing has achieved significant milestones and is poised for further growth. London-based tech startup Nothing has successfully closed its recent fundraising round with $96 million secured from both new and existing partners. The company was founded in 2020
Read More
Michael Moro, Genesis’ Former CEO, to Head Ankex Startup Crypto Derivatives Exchange
“In terms of leverage, we don’t want this to turn into a full blown leverage casino. So for Bitcoin, the max leverage we are offering is 20x, and then for ETH and BNB, just 10x,” said Moro. “But of course, if we only traded bitcoin, ETH and BNB, then, frankly,
Read More
Payment-Centric Fintech Startup Innoviti Sets Eyes on $25M Funding to Promote Business
Innoviti processes over $10 billion in transactions annually across more than 2,000 cities in India. Innoviti Technologies, an Indian fintech startup, is exploring a fresh funding round that could potentially value the company at approximately $350 million, Bloomberg reported on June 28, citing people familiar with the matter. According to the report,
Read More