Tagged: blockchain

DeFi Technologies acquires Solana IP

DeFi Technologies announced this week that it has completed the acquisition of intellectual property from Solana developer Stefan Jørgensen. DeFi Technologies said this acquisition marks a significant milestone in its expansion strategy, focusing on enhancing its offerings in the Solana ecosystem. The IP acquired includes advanced liquidity provisioning, innovative trading strategies… Read More

Algorand Ventures Bets on Afghani Fintech HesabPay

Today, the Algorand Foundation announced a strategic investment by Algorand Ventures in HesabPay. The news was unveiled on stage at the Algorand Impact Summit in New Delhi, where business leaders, policymakers, NGOs, and developers convened to discuss how blockchain can be part of the solution to… Read More

Digital Asset Platform Coinchange Scores $10m To Grow Its Services

Coinchange, a digital asset platform that enables businesses to trade and access yield as a service, has announced raising $10 million in its latest funding round to help finance its planned expansion. The round was backed by key investment players including Good News Ventures, Spirit… Read More

Cryptocurrency: India Trains 3,000 Police in Crypto Forensics as Cybercrime Rises

India has trained over 3,000 personnel from various cybercrime and police departments to bolster their capabilities in tackling cryptocurrency-related crimes. According to the Ministry of Home Affairs (MHA)’s annual report, India provided specialized training in cryptocurrency forensics and investigations during the financial year 2022-2023. A… Read More

Binance Labs Backs Web3 Social Network Platform Sleek’s $5m Funding

Binance Labs, the venture capital and incubation arm of Binance, has backed the $5-million Seed funding round of Web3 social network platform Sleek, according to an announcement. The funding round, which also saw participation from notable investors, including Shima Capital, Spartan Group, Symbolic Capital, Market… Read More

Crypto Blockchain Firm RockItCoin Acquires FirstCoin ATM, Phoenix Crypto

RockItCoin, a US-based crypto blockchain company, has acquired regional Bitcoin ATM operator FirstCoin ATM and Phoenix Crypto for an undisclosed sum, according to an announcement. The company said this strategic expansion solidifies its position in the market, expanding its presence across the United States. FirstCoin… Read More

Blockchain: Deepcoin Labs Secures Trading Registration, Launches $10m Fund for Web3 Projects

Deepcoin Labs, a venture capital firm with a specialization in blockchain, cryptocurrencies, and digital assets, has been granted the “Proprietary Trading in Crypto-commodities” registration by the Dubai Multi Commodities Center (DMCC). This recognition coincides with the unveiling of a $10 million fund, explicitly earmarked to… Read More

Malaysia: MYEG and Beitou IT Innovation Launch Digital Identity Verification on Zetrix Blockchain

Malaysia’s e-government service provider, MY E.G. Services Berhad (MYEG), is joining forces with China’s state-owned Guangxi Beitou IT Innovation Technology Investment Group Co., Ltd. (Beitou IT Innovation) to pioneer an international digital identity credentials service using the Zetrix blockchain. Unveiled at the recent China-ASEAN Expo… Read More

ADDX to Extend Its Blockchain-Enabled Investment Platform to GCC, MENA Regions

ADDX, the Singapore-based private market exchange, revealed plans to venture into the Gulf Cooperation Council (GCC) and Middle East/North Africa (MENA) regions. This strategic move aims to enhance the efficient allocation of growth capital and bridge the existing gap between private entities in need of… Read More

CipherBlade, MacNerd Unite to Bolster Blockchain Security

Blockchain forensics firm CipherBlade this week announced a collaboration with MacNerd, a blockchain technology and software development company. The union will focus on bolstering crypto security and investigation services. CipherBlade said it has recovered millions of dollars in stolen cryptocurrency. The company looks forward to accessing MacNerd’s technical… Read More

Raleon Raises $3.8m to Boost Web3 Marketing Engagement and Retention Platform

Raleon, a North Carolina-based Web3 engagement platform, has announced raising $3.8 million in a Seed funding round anchored by Blockchange Ventures, a venture capital (VC) firm that invests in early-stage blockchain companies, protocols, and applications. The funding round also saw participation from gaming-focused VC Play… Read More

DLT Adoption: Orbital Secures £5M to Help Firms Realize Potential of Blockchain Payments

Orbital, the London, Tallinn and Gibraltar-based traditional finance and crypto payments platform for global enterprises, has raised £5M ($6.4M) in “an oversubscribed growth round led by Golden Record Ventures, at an attractive valuation in which the founders are maintaining a large majority.” Participants in the… Read More

WeOwn Blockchain Announces New Cross-Chain Asset Interoperability

WeOwn has announced new cross-chain asset interoperability. WeOwn is a blockchain technology provider that targets the lending and equity capital space. Among other services, it aims to allow firms to raise capital via a digital securities or securities token offering. WeOwn is based in Munich,… Read More

Quadrata Launches Web3 Passport

  Quadrata, a passport network bringing the identity and compliance layer to DeFi applications on existing public blockchains, this week launched their Web3 passport. The Quadrata Passport allows network participants to build DeFi applications, expand financial services and leverage the proprietary technology to initially access… Read More

Okcoin, Stacks, Combine to Launch $165M Bitcoin-Focused VC Program

Okcoin, a cryptocurrency platform, along with the Stacks Accelerator and Stacks Foundation, today announced the launch of the Bitcoin Odyssey, a year-long pledge among venture firms to deploy $165 million collectively into solutions for accelerating bitcoin adoption. The participating firms—which include Digital Currency Group, GSR,… Read More

Chainalysis Unveils Pair of Blockchain-Based Tools

Chainalysis, a blockchain data platform, today announced the accelerated launch of two sanctions screening tools – an on-chain oracle available today and an API expected to launch next month – for the cryptocurrency industry free of charge. As countries around the world continue to leverage economic sanctions… Read More

Immutable Welcomes $200M Series C, Adds Quartet of Executives

Immutable, a carbon-neutral, scalable platform for trading NFTs on Ethereum, this week announced it secured $200 million in Series C financing led by Temasek, with investments from Animoca Brands and Tencent, bringing its valuation to $2.5 billion. ParaFi Capital, Princeville Capital, Arrington Capital, Mirae Asset and Liberty Global also… Read More

Wirex, Paraswap Join Together to Expand Wirex Wallet Capability

Crypto platform Wirex has partnered with DEX aggregator Paraswap, the companies announced today. Using Paraswap’s price algorithm, Wirex Wallet users will now be able to exchange multiple tokens, saving users large amounts of money and effort. The Paraswap integration will enable users to swap their… Read More

Are DAOs the Future of Venture Capital in Blockchain? Hatu Sheikh Sees a Place for Them

All venture capital is not created equal, especially when it flows into newer areas of technology such as blockchain, DAO Maker co-founder and CSO Hatu Sheikh cautions. DAO Maker creates growth technologies and funding frameworks for startups, while simultaneously reducing risks for investors. Sheikh said… Read More

Tenderly Welcomes $40M Series B to Grow Web3 Offerings

Tenderly, a blockchain development platform for Web3 developers, today announced $40 million in Series B funding, bringing its total raised to $58.6 million. This latest round was led by Spark Capital, with additional participation from existing investors Accel and Point Nine Capital. Other investors include… Read More

Send this to a friend