7 / 7 Relevant items tagged with #Funding

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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.