FTX Raises $400 Million in Series C Fundraise, Firm Reaches $32 Billion Valuation

FTX Raises $400 Million in Series C Fundraise, Firm Reaches $32 Billion ValuationFollowing the company’s subsidiary FTX US raising funds in its first Series A financing round, parent company FTX Trading Ltd. has announced it has secured $400 million in a Series C fundraise. The crypto company’s latest financing round brings the firm’s post-money valuation to $32 billion. FTX Series C Fundraise Brings Firm’s Valuation to $32 […]

Go to Source

Powered by WPeMatico

SCRT Labs Launches $400 Million Fund to Bolster Privacy Network’s Ecosystem and Application Layer

SCRT Labs Launches $400 Million Fund to Bolster Privacy Network's Ecosystem and Application LayerOn Wednesday, the Secret Network announced the launch of a $400 million fund in order to expand the application layer and provide grants to ecosystem participants that accelerate user adoption. The market capitalization for the network’s native token SCRT is the third-largest privacy-centric crypto asset market today with a $1.4 billion market cap. SCRT Labs […]

Go to Source

Powered by WPeMatico

Polygon Acquires Mir Protocol in $400M Deal in Order to Bolster ‘Groundbreaking ZK Rollup Tech’

Polygon Acquires Mir Protocol in $400M Deal in Order to Bolster 'Groundbreaking ZK Rollup Tech'On December 9, Polygon co-founder Mihailo Bjelic announced that the project has acquired the Ethereum scaling startup Mir in a $400 million deal. The Mir team of cryptographers and engineers are joining Polygon in order to create a “highly-scalable, Ethereum-compatible ZK rollup” called Polygon Zero. Mihailo Bjelic: ‘Polygon Is Focused on Zero-Knowledge Cryptography as the […]

Go to Source

Powered by WPeMatico

Relief Fund Has a Difficult Time Cashing Out the $1B Worth of SHIB Vitalik Buterin Donated

Relief Fund Has a Difficult Time Cashing Out the $1B Worth of SHIB Vitalik Buterin DonatedIn mid-May, the co-founder of Ethereum, Vitalik Buterin, donated $1 billion worth of shiba inu (SHIB) tokens to India’s Crypto Covid Relief Fund (CCRF). Close to three months later, the CCRF organizers say they have been having issues cashing out the SHIB tokens and so far, only $20 million has been paid out. It’s Not […]

Go to Source

Powered by WPeMatico

The Crypto Industry’s $400M Cash and Stock Deal – Binance to Acquire Coinmarketcap.com

The Crypto Industry’s $400M Cash and Stock Deal - Binance to Acquire Coinmarketcap.comThe popular cryptocurrency exchange Binance is allegedly in talks with the owners of coinmarketcap.com in hopes of purchasing the website for $400 million. People familiar with the matter explained the acquisition will be announced this week and could be one of the largest procurements in the cryptocurrency and blockchain industry to-date. Also read: Bitcoin Mining […]

The post The Crypto Industry’s $400M Cash and Stock Deal – Binance to Acquire Coinmarketcap.com appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico