7 / 7 Relevant items tagged with #Funding

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FTX Donations to Early Covid-19 Researchers Raise Questions of Propaganda Tied to Pandemic Prevention

[Jan 12, 2023 4:00 PM] While the former CEO of FTX, Sam Bankman-Fried, awaits his trial at the end of the year, reports indicate that the company donated millions of dollars to early Covid-19 researchers. The research was reportedly used to cast doubt on specific…

Sandeep Nailwal-backed Web3 accelerator launches demo day for first cohort

[Jan 10, 2023 3:24 PM] The Web3 developer program received interest from over 1,000 projects but only 15 were selected for Cohort 0.

Crypto Firm Wyre Reportedly Shuts Down After Canceled Bolt Acquisition, CEO Claims Firm Is Just ‘Scaling Back’ Operations

[Jan 5, 2023 12:30 AM] According to several reports, Wyre, a cryptocurrency payments firm, is allegedly sunsetting its business. Wyre’s purported wind down follows Bolt, another payments company, canceling its plan to acquire Wyre in September. Wyre CEO Ioannis…

Top crypto funding stories of 2022

[Dec 31, 2022 3:56 PM] 2022 was a record-breaking year for blockchain and crypto VCs. Depending on who you ask, that's either a good thing or a bad thing.

Bitvavo to prefund locked DCG assets worth $296.7M amid liquidity crisis

[Dec 17, 2022 3:51 AM] The Digital Currency Group and its affiliates (DCG) cited liquidity problems as it suspended repayments, temporarily halting users from withdrawing their funds.

Total crypto market cap takes another hit, but traders remain neutral

[Dec 16, 2022 1:42 PM] The total crypto market cap is at risk of falling below $825 billion, but data shows traders actively adding to their longs and shorts.

Amber Group raises $300M to recover from FTX contagion

[Dec 16, 2022 3:59 AM] The new funding from Fenbushi aims to help Amber address some of the “significant drawdowns” as an aftermath of the FTX default.

Australian CBDC receives unexpected interest but could hurt banks: RBA

[Dec 7, 2022 11:56 PM] The pilot "eAUD" program is unique in that the Reserve Bank of Australia has not proposed use cases, and has received numerous suggestions from the industry.

Gate.io pledges $100M to revive crypto and rebuild investor confidence

[Dec 7, 2022 2:49 AM] With investors moving their funds away from exchanges into self-custody, market liquidity concerns are an immediate threat to struggling crypto businesses.

Blockstream raising funds for mining at 70% lower company valuation

[Dec 6, 2022 11:29 PM] CEO Adam Back said the fresh funding will be invested into expanding the firm’s mining capacity.

FTX US ex-president reportedly seeks $6M funding to launch crypto startup

[Dec 2, 2022 10:50 PM] The ex-president of FTX US, Brett Harrison, is reportedly planning to launch a start-up that would build crypto trading software for big investors.

Total crypto market-cap hits $850M as Bitcoin and altcoins recover from FTX’s collapse

[Nov 30, 2022 4:09 PM] The total crypto market recovers some lost ground as the contagion risks associated with FTX’s collapse begin to look resolvable.

Market maker Keyrock closes $72 million in Series B funding round

[Nov 30, 2022 3:45 PM] Investors in the round included Ripple, SIX Fintech Ventures, and Middlegame Ventures.

FTX collapse put the Singapore government in a parliamentary hot seat

[Nov 28, 2022 3:20 AM] The opposition party MPs has questioned the credibility over its failure to protect retail investors from FTX collapse and had demanded data on the extent of losses incurred by the investors.

Fenix Games raises $150M to fuel next-generation blockchain gaming

[Nov 27, 2022 4:17 AM] Chris Ko, CEO and co-founder of Fenix Games, considers Fenix Games “like a VC fund” for powering the next generation of blockchain games.

Crypto lender Matrixport seeks $100M funding despite lending crisis

[Nov 25, 2022 4:31 AM] Bitmain-backed crypto lender Matrixport is the other half of a new funding round targeting a $100 million raise.

Binance CEO denies report firm met with Abu Dhabi investors for crypto recovery fund

[Nov 22, 2022 12:30 PM] Changpeng Zhao first announced the fund following FTX filing for bankruptcy, saying it would be aimed at helping projects with liquidity issues, but was not for "liars or frauds."

Genesis denies 'imminent' plans to file for bankruptcy

[Nov 21, 2022 7:32 PM] The lending firm claims it's having "constructive conversations with creditors" and plans to resolve the situation without the need for a bankruptcy filing.

zkSync developer Matter Labs raises $200M, commits to open-sourcing platform

[Nov 16, 2022 8:00 AM] Over 150 projects — including Chainlink, Uniswap and Aave — have signaled their intent to deploy on the layer-2 blockchain.

Binance CEO CZ on FTX crash: “We’ve been set back a few years”

[Nov 12, 2022 5:18 AM] With one of the biggest crypto businesses falling overnight after getting caught misappropriating user funds, CZ believed the episode was devastating for the industry, which took away a lot of consumer confidence.

Total crypto market cap drops to $850B as data suggests further downside

[Nov 11, 2022 2:29 PM] The crypto market managed an 11% bounce from the Nov. 9 low, but a handful of metrics show a severe lack of investor confidence.

Tether CTO confirms no plans to rescue FTX

[Nov 10, 2022 11:08 PM] FTX won’t be getting a bailout from Tether who confirmed it isn’t planning to provide a cash injection despite the CEO reportedly reaching out to multiple firms for help.

Ramp, builder of crypto payment rails, raises $70M

[Nov 9, 2022 7:00 AM] The company is building payment rails that could make crypto purchases as ubiquitous as PayPal transactions.