Human Rights Foundation Awards New Grants From Bitcoin Development Fund
The Human Rights Foundation (HRF) has announced 10 new grants across the globe as part of its ongoing Bitcoin Development Fund. The grants total 425 million satoshis, which are the smallest divisible unit of Bitcoin, and they will go to…
Alex Mcfarland
India’s Central Bank Establishes Fintech Department
India’s central bank, the Reserve Bank of India (RBI), has established a fintech department to promote innovation in the fintech sector, as well as identify the challenges and potential brought on by the fast-growing sector. The RBI is the country’s…
Crypto Firm Sygnum Reaches $800 Million Valuation
The crypto firm Sygnum, which runs a digital-asset bank and trading platform, has announced that it raised $90 million in a funding round. The new funding brings the company’s valuation to $800 million. The round was led by Sun Hung…
WonderFi to Acquire Toronto-Based Crypto Marketplace Bitbuy
WonderFi Technologies Inc , which is a DeFi platform backed by investor Kevin O’Leary, is set to buy Bitbuy’s parent company First Ledger Corp for around C$206 million ($162.13 million). With the purchase, WonderFi will get full ownership of the…
Metaversal Announces $50 Million Series A Round
NFT venture studio Metaversal has announced that it raised $50 million in Series A funding. The round was led by CoinFund and Foxhaven Asset. The company announced that the round was oversubscribed, with other participants including Collab+Currency, Dapper Labs, Digital…
Genesis Grants $6M NFT-Backed Loan to Meta4
Genesis Global Capital has issued its first wholly NFT-backed loan in the amount of $6 million. The loan was granted to Meta4 Capital, a Web3 focused investment management firm based in Miami. The firm is specialized in acquiring historically significant…
DeFi Startup Umee Brings in $32M Through CoinList Token Sale
Decentralized finance (DeFi) startup Umee has raised an additional $32 million through a CoinList sale of its UMEE tokens. Umee is a protocol focused on building interoperable tools for DeFi users, and it is currently building out a “cross chain…
Regulators in Bahrain, Canada Green Light Binance
Binance, which is behind the world’s largest cryptocurrency exchange, has announced that it has been green lit by regulators in Bahrain and Canada. While the company’s affiliates would be able to operate in the two countries, it still must complete…
DeBank Closes $25M Equity Round Led by Sequoia China
DeBank has announced that it raised $25 million in a new equity round led by Sequoia China. A cryptocurrency wallet, DeBank is focused on decentralized finance (DeFi) solutions, and its total valuation is currently at $200 million. The funding round…
Polygon, Seven Seven Six Launch $200M Initiative Aimed at Web3 Projects
US-based venture capital fund Seven Seven Six is teaming up with Ethereum scaling and infrastructure development platform Polygon to launch a $200 million initiative aimed at investing in Web3 social media and gaming projects. The announcement was made through a…
Interlay Raises $6.5M Towards Tokenized Bitcoin on Polkadot
A cross-chain interoperability project built on Polkadot, Interlay has announced that it raised $6.5 million in new funding. The new funding will go towards introducing tokenized Bitcoin on Polkadot, and the project is also aiming to expand its offerings to…
Arcade Raises $15M to Expand NFT Lending Platform
The NFT lending platform Arcade has announced that it closed a $15 million Series A funding round. The platform allows users to borrow against their NFTs as collateral, connecting the two important spaces of non-fungible tokens (NFTs) and decentralized finance…
Korean Blockchain Firm Lambda256 Secures $60M in New Funding
Lambda256, the blockchain arm of leading Korean fintech firm Dunamu, has announced that it raised $60 million in a Series B round, bringing the company’s value to over $300 million. The firm is heavily focused on enterprise-grade chains for businesses,…
Crypto Bank Anchorage Raises $350M in New Funding
Crypto custody bank Anchorage Digital has raised a $350 million Series D funding round, bringing its total valuation to over $3 billion. Anchorage offers both a custody solution for big institutions, such as publicly traded companies, as well as the…
Top Asian VC Firms and Crypto Funds Will Invest $100M in Assembly Blockchain
Some of the largest Asia-based venture capital firms and crypto hedge funds are set to invest $100 million into the new blockchain Assembly, which is under the IOTA network. The funding will go towards the further development of the blockchain,…
