Former LA Dodgers owner earmarks $100M for blockchain-based social media
The use of blockchain could discourage bad behavior because people would be tied to their posts forever, Frank McCourt said. Go to Source Powered by WPeMatico
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Crypto-finance company Amber Group valued at $1B following $100M raise
The Series B funding round was led by China Renaissance, with participation from several crypto venture funds, including Tiger Brokers, Tiger Global Management, Arena Holdings, DCM Ventures and Gobi Partners. Go to Source Powered by WPeMatico
PayPal, Salesforce contribute to TRM Labs’ $14M investment round
The venture funds of both companies joined Bessemer and others in financing another strategic investment round for TRM Labs. Go to Source Powered by WPeMatico
Yield Guild Games doubles down on play-to-earn model with $4M funding round
The Series A funding round was led by BITKRAFT Ventures, an esports-focused venture capital firm. A.Capital Ventures, IDEO, CoLab, Mechanism Capital and ParaFi Capital also participated in the raise, as did several angel investors. Go to Source Powered by WPeMatico
New DAO launches after $230M funding round including Peter Thiel, Alan Howard
A new decentralized autonomous organization, BitDAO, announced its launch with a $230 million private sale and major contributions from Singapore-based Bybit. Go to Source Powered by WPeMatico
Defi Derivatives Exchange Dydx Raises $65 Million – Project Plans to ‘Launch a Mobile Application’
The decentralized exchange (dex) Dydx announced the organization has raised $65 million in a Series C funding round led by Paradigm. The Dydx announcement notes that the additional capital will be leveraged to “significantly improve liquidity” on the dex platform “through the volatility of the cryptocurrency markets.” Defi Exchange Dydx Raises $65 million from Strategic … Read more
DeFi exchange dYdX raises $65M in Series C fundraiser
The dYdX platform allows users to trade perpetual contracts with exposure to various crypto markets. It claims to have built the fastest decentralized exchange through layer-two solutions. Go to Source Powered by WPeMatico
Hedge fund manager Alan Howard invests in two crypto startups
A long-running backer of the crypto industry, billionaire hedge fund manager Alan Howard recently invested in two digital asset startups. Go to Source Powered by WPeMatico
Korean Solana expansion gets $20 million boost
ROK Capital and the Solana Foundation have formed the Solana Eco Fund, aiming to spark a fire of Solana blockchain-based growth in Korea. Go to Source Powered by WPeMatico
Polygon and AU21 Capital unveil $21M fund to support Polygon developers
The joint venture fund is intended to provide funding, developmental support and exchange listings to up-and-coming Polygon ecosystem projects. Go to Source Powered by WPeMatico
