FTX Ventures – DIGIT INFO

FTX website comes back online with message advising against deposits

DIGIT — Thu, 10 Nov 2022 02:41:37 +0000

Neither FTX CEO Sam Bankman-Fried nor any FTX official has provided its users with clarity as to why FTX’s website was taken down.

Go to Source

Proof-of-Stake L1 Blockchain Token Aptos Climbs Close to 20% Higher in 24 Hours

DIGIT — Sat, 22 Oct 2022 19:30:17 +0000

Five days ago, the Aptos blockchain went live after the project received an influx of capital from venture capital (VC) firms and crypto exchanges like a16z, Binance, and FTX. During the past 24 hours, aptos (APT) is up more than 19% against the U.S. dollar and up 11.1% against bitcoin’s value. The VC-backed blockchain token […]

Go to Source

Celestia Raises $55 Million to Solve Blockchain Modularity Challenge

DIGIT — Fri, 21 Oct 2022 10:00:02 +0000

Celestia, a project that aims to solve the perceived centralization problem in current monolithic blockchains, has announced it has raised $55 million in its latest funding round. The round, which was led by Bain Capital Crypto and Polychain Capital, also saw the participation of Delphi Digital, Protocol Labs, Figment, Maven 11, and Spartan Group, among […]

Go to Source

VC-Backed Blockchain Project Aptos Reveals Protocol’s ‘Mainnet Has Arrived’

DIGIT — Tue, 18 Oct 2022 10:00:07 +0000

A new layer one blockchain network called Aptos announced the launch of its mainnet on Monday, following a slew of capital injections from a number of venture capital (VC) firms. The blockchain protocol, crafted with a Rust-centric programming language dubbed Move, is backed by VC companies such as Parafi, Andreessen Horowitz (a16z), FTX, and Multicoin […]

Go to Source

Layerzero Labs Secures $135 Million to Bolster Cross-Chain Interoperability

DIGIT — Thu, 31 Mar 2022 22:00:03 +0000

Layerzero Labs, the firm behind the interoperability protocol Layerzero, has revealed the company has raised $135 million in a Series A+ finance round led by Andreessen Horowitz (a16z), FTX Ventures, and Sequoia Capital. The new financing brings Layerzero Labs’ overall valuation to $1 billion and the funds will be leveraged to develop cross-chain decentralized applications […]

Go to Source

Bottomed out? MINA rises 75% nine days after hitting its worst level to date

DIGIT — Thu, 24 Mar 2022 11:34:42 +0000

A $92 million token sale round, Coinbase listing, and an overall crypto market rebound boosted MINA’s massive upside move.

Go to Source

Youtube Seeks Web3 Director With Experience Trading Crypto, According to Recent Job Listing

DIGIT — Wed, 16 Feb 2022 09:30:14 +0000

Youtube, the online video sharing and social media platform owned by Google, is hiring a director to work with Web3 technology, according to a job listing published on Linkedin. While Youtube requires 15 years of product management experience, the company prefers a candidate that is familiar with “buying, owning, and trading cryptocurrencies, NFTs, and tokens.” […]

Go to Source

Blossom Capital’s Newly Launched $432 Million Fund to Focus on Crypto Startups

DIGIT — Tue, 18 Jan 2022 16:30:15 +0000

Blossom Capital, the London-based venture capital firm founded by Candice Lo, Imran Ghory, Mike Hudack, and Ophelia Brown plans to dedicate more funds to the growing cryptocurrency ecosystem. On January 18, Blossom announced a new fund worth $432 million, and a third of the capital will be distributed to early-stage crypto firms. A Third of […]

Go to Source

FTX Launches $2 Billion Venture Capital Fund Focused on Bolstering Blockchain, Web3 Adoption

DIGIT — Fri, 14 Jan 2022 20:00:43 +0000

The cryptocurrency firm FTX has announced the launch of a $2 billion venture capital fund called FTX Ventures. The fund’s focus will be on advancing blockchain and Web3 technology alongside investments in “social, gaming, fintech, software, and healthcare.” FTX Reveals $2 Billion Venture Capital Fund, Hires Lightspeed Partner Amy Wu FTX Trading Limited has announced […]

Go to Source