Digital Asset Provider Raises $65M in Series B Led by Credit Suisse
The company said the funds will be used to expand Taurus’ new offices in Europe, the UAE, and later in the Americas and Southeast Asia. Go to Source Powered by WPeMatico
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Coincover secures $30 million in funding to strengthen digital asset security
The funding round was led by Foundation Capital, with follow-on investment from CMT digital. Go to Source Powered by WPeMatico
VC Roundup: ZK proofs, DeFi protocol and longevity DAO attract investment
Venture capital deals slowed in the second half of 2022 amid the bear market. However, behind the scenes, blockchain startups continue to build. Go to Source Powered by WPeMatico
Google Backs AI Firm Anthropic With $300 Million, Following Series B Investment From Controversial FTX Co-Founder
As the artificial intelligence (AI) wars intensify, the AI firm Anthropic has raised $300 million from Google and sources say that the tech giant will get roughly a 10% stake in the AI company. Interestingly, in April 2022, Anthropic raised approximately $500 million from sources including Sam Bankman-Fried (SBF), co-founder of FTX; Caroline Ellison, former … Read more
How Bitcoin mining saved Africa’s oldest national park from bankruptcy
The Virunga National Park’s Bitcoin mine in the Democratic Republic of the Congo monetizes surplus energy for conservation efforts. Go to Source Powered by WPeMatico
Artificial Intelligence and Cryptocurrency: The Rise of AI-Focused Projects in 2023
Trends show that artificial intelligence (AI) will be a major topic in 2023, as data indicates a surge in interest. Since interest peaked and Microsoft invested billions into Chatgpt, demand for AI-focused cryptocurrency projects has risen dramatically. For example, the crypto project Fetch.ai has seen its native token FET rise 212% in the past 30 … Read more
Crypto Biz: A peek into BlockFi’s secret financials (it’s not pretty)
How much exposure does BlockFi have to Sam Bankman-Fried failed enterprises? A lot, according to accidentally leaked financials. Go to Source Powered by WPeMatico
Injective launches $150M ecosystem fund to boost DeFi, Cosmos adoption
“DeFi has proven to be a resilient and reliable option for users in the face of the overarching CeFi collapse in 2022,” said Eric Chen, CEO of Injective Labs. Go to Source Powered by WPeMatico
Blockstream raises $125M to finance expanded Bitcoin mining operations
Bitcoin miners came under significant pressure during the bear market; however, Blockstream said institutional hosting customers were more “resilient.” Go to Source Powered by WPeMatico
Blockchain developer QuickNode raises $60M at $800M valuation
Like other blockchain developers, QuickNode is pivoting sharply into Web3 — a sector that has attracted keen venture capital interest. Go to Source Powered by WPeMatico