Huobi Global launches $1B investment arm focused on DeFi and Web3
The bear market in crypto hasn’t deterred venture capital firms from investing heavily in blockchain and Web3 projects. Go to Source Powered by WPeMatico
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Solana price just one breakdown away from a 40% slide in June — here’s why
Network outages and decreasing smart contract reserves add further downside pressure to SOL price. Go to Source Powered by WPeMatico
‘Data DAO’ Delphia raises $60M Series A led by Multicoin Capital
Decentralized autonomous organizations continue to gain traction. In the case of Delphia, retail traders will be rewarded for contributing their personal data. Go to Source Powered by WPeMatico
Indonesia-licensed crypto asset platform Pintu raises $113M in Series B
The latest $113 million fund injection will be redirected to scale the platform’s existing offerings, such as introducing new features and added support for blockchains. Go to Source Powered by WPeMatico
Binance Labs’ $500M fund to catalyze crypto, Web3, blockchain adoption
Binance Labs plans to allocate the latest $500 million fund to projects across various stages — incubation, early-stage and late-stage growth. Go to Source Powered by WPeMatico
VC Roundup: The rise of blockchain gaming, DAO management and asset tokenization
Irreverent Labs, Lighthouse Labs, N3TWORK Studios, DoraHacks, iZUMi Finance, Common and Centrifuge headline the latest funding deals from the world of blockchain. Go to Source Powered by WPeMatico
Crypto Biz: Smart Money is betting big on Web3, layer 2, May 19-25
Despite the apparent bear market in digital assets, venture capital continues to allocate billions to crypto and blockchain startups. Go to Source Powered by WPeMatico
Polkadot parachains spike after the launch of a $250M aUSD stablecoin fund
Polkadot parachains posted double-digit gains after partnership announcements, protocol integrations and a stablecoin development fund caught the attention of the crypto investors. Go to Source Powered by WPeMatico
Singapore venture firm launches $100M Web3 and metaverse fund
The startup fund, which is backed by Babel Finance and Huobi Ventures, will back emerging projects that are building for the Web3 and metaverse economies. Go to Source Powered by WPeMatico
StarkWare nets $100M as investors bank on layer-2 success
Ethereum layer-2 developer StarkWare raises a further $100 million despite a gloomy outlook for the cryptocurrency space. Go to Source Powered by WPeMatico