SocialGood App Raises $14.2M For Patented Crypto Back

SocialGood App Raises $14.2M For Patented Crypto Back

TOKYO, March 02, 2022 (GLOBE NEWSWIRE) — The SocialGood App, which gives users cryptocurrency rewards for shopping, has raised $14.2 million in Series A funding from a venture capital firm. The SocialGood App (available on iOS and Android) is partnered with more than 1,800 major online stores, including AliExpress, eBay, Nike, and more. When users … Read more

Ukraine Raises $20 Million in Crypto, Russia Looks to Sidestep Sanctions

Ukraine Raises $20 Million in Crypto, Russia Looks to Sidestep Sanctions

Money is pouring in to aid Ukraine’s efforts against the Russian invasion – in the form of cryptocurrency. Around $20 million have been raised in crypto donations by the Ukraine’s central bank and allied NGOs, estimates blockchain consulting firm Elliptic.Why crypto?Because it allows for quick, anonymous, cross-border payments which aren’t dependent on financial institutions. Such … Read more

Ukraine raises $13 mln in crypto after crowdfunding appeal

Ukraine raises $13 mln in crypto after crowdfunding appeal

A bitcoin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit TessierRegister now for FREE unlimited access to Reuters.comRegisterLONDON, Feb 28 (Reuters) – Ukraine’s government has raised cryptocurrency worth almost $13 million after posting appeals on social media for donations of bitcoin and other digital … Read more

Crypto miner power draw raises environmental concerns

Crypto miner power draw raises environmental concerns

A new crypto mining facility in Fayetteville will be among the city’s top 10 power consumers when it starts operations in August. California-based Plan C Crypto will operate an old 20,000-square-foot industrial facility located near the Fayetteville Regional Airport. It will operate at 5,000 kilowatts, according to the company and the Fayetteville Public Works Commission. … Read more

Crypto startup Helium raises $200 million

Axios recently learned that crypto startup, Helium raised $200 million in Series D funding at $1.2 billion valuations, with its new investors Tiger Global and FTX Ventures.  The company had previously raised $110 billion in VC funding and $111 million last summer in a token sale. The investment firm, Skybridge Capital, in the market with an … Read more

Crypto Trading Startup Mudrex Raises $6.5 Million in Pre-Series Funding; Details Here

Crypto Trading Startup Mudrex Raises $6.5 Million in Pre-Series Funding; Details Here

Bengaluru and San Francisco based crypto investing platform, Mudrex has raised $6.5 million in its pre-series round A funding from investors. Backed by startup accelerator company, Y Combinator, the crypto trading platform received fresh funding from Akram Ventures, Tribe Capital, and Bolt by QED. The new funding follows a $2.5 million seed funding that the … Read more

Mudrex: Crypto platform Mudrex raises $6.5 million in pre-series A

Mudrex: Crypto platform Mudrex raises $6.5 million in pre-series A

New Delhi: Mudrex, Bengaluru-based crypto investing platform, has raised $6.5 million in a pre-series A round from Arkam Ventures, Tribe Capital and Bolt by QED Investors. Launched in 2018, Y Combinator-backed Mudrex has clocked a 450 per cent user growth in the last four months from over 100 countries. Four months earlier, the start-up raised … Read more

Legal or not? India’s budget raises questions, hopes for crypto | Crypto

Legal or not? India’s budget raises questions, hopes for crypto | Crypto

New Delhi, India – Legal or not? While the status of cryptocurrencies in India is far from clear after the country’s annual budget, investors see hopeful signs that New Delhi is tentatively moving towards greater acceptance of the digital assets. Narendra Modi’s government said during the budget announcement on Tuesday that it will launch an official … Read more

Crypto Custody Firm Fireblocks Raises $550M at $8B Valuation

Crypto Custody Firm Fireblocks Raises $550M at $8B Valuation

“It’s pretty aggressive growth, and we have a lot of clients from very different use cases and domains, from traditional financial institutions to leading hedge funds, exchanges, neo banks, gaming companies, payment providers and so on,” Fireblocks CEO Michael Shaulov said in an interview. “So we are putting a lot of investment into our client … Read more

Bitcoin’s slump raises fears of a ‘crypto winter’

Bitcoin’s slump raises fears of a ‘crypto winter’

A hefty debate is underway in the crypto space about whether Bitcoin is mired in a drawn-out bear market.Proponents of the notoriously volatile token say a bounce could be around the corner after it shed half its value from an all-time high in November. But a few industry metrics suggest a crypto winter is already … Read more

Crypto platform Stader Labs raises $12.5 mn on $450 mn valuation

Crypto platform Stader Labs raises $12.5 mn on $450 mn valuation

Crypto currency staking management platform Stader Labs, has raised $12.5 million in a strategic private sale that values the company up to $450 million. The sale was led by Three Arrows Capital with additional participation from Blockchain.com, Accomplice, DACM, GoldenTree Asset Management, Accel, Amber, 4RC, Figment and select angels, including Prabhakar Reddy, Cofounder of FalconX … Read more

Inflection raises $40 million for its second crypto-focused fund – TechCrunch

Inflection raises $40 million for its second crypto-focused fund – TechCrunch

Early-stage venture firm Inflection has raised a new found to invest into the “open economy”, as the firm says in its investment thesis. With that term, the firm means that it plans to cover all things crypto, web3 and blockchain with its new $40.7 million fund. Limited partners in the Mercury Fund include Accolade Partners, … Read more

Crypto IRA Platform iTrustCapital Raises $125M at $1.3B Valuation

Crypto IRA Platform iTrustCapital Raises $125M at $1.3B Valuation

Crypto individual retirement account (IRA) software platform iTrustCapital has raised $125 million in Series A funding with a post-money valuation of over $1.3 billion, according to a press release provided to CoinDesk. The round was led by growth equity firm Left Lane Capital. As part of the investment, Left Lane Principal Matthew Miller will join … Read more

Middle Eastern crypto exchange Rain raises $110 million led by Kleiner Perkins and Paradigm

Middle Eastern crypto exchange Rain raises $110 million led by Kleiner Perkins and Paradigm

Bahrain-headquartered cryptocurrency exchange Rain has raised $110 million in a Series B round co-led by Kleiner Perkins and Paradigm (the largest crypto fund in the world founded by Coinbase co-founder Fred Ehrsam and former Sequoia Capital partner Matt Huang). It is the first Middle East investment for both the firms. The round is one of … Read more

EXCLUSIVE: Sheroes raises fresh funds from Coinbase Ventures, Atlantis; eyes crypto foray

Business Today

Women focussed networking and hiring platform Sheroes has raised funds from global fintech investors Coinbase Ventures and Atlantis in its Series A round to strengthen its Mahila Money app – their credits and payment business – CEO and founder Sairee Chahal told Business Today in an exclusive interaction. Sheroes is a 2 million strong women member … Read more

Crypto company Anchorage raises $350 million at $3 billion valuation – TechCrunch

Crypto company Anchorage raises $350 million at $3 billion valuation – TechCrunch

Less than a year after raising an $80 million Series C round, Anchorage is announcing that it has raised a $350 million Series D round. With today’s funding round, the company has reached a valuation of more than $3 billion. Anchorage offers a custody solution for big institutions, such as publicly traded companies or funds. … Read more

Crypto’s wild ride raises new liquidity concerns

Crypto’s wild ride raises new liquidity concerns

The first weekend in December was no fun for cryptocurrency investors. As Friday night gave way to Saturday morning on Wall Street, prices of the leading tokens plunged, with bitcoin losing about a fifth of its value.Exactly who was selling remains a mystery, but a tantalising clue has been dropped by one of the more … Read more

Crypto VC Chiron Raises $50M to Invest in Terra Ecosystem as LUNA Stays Hot

Crypto VC Chiron Raises $50M to Invest in Terra Ecosystem as LUNA Stays Hot

“The Terra ecosystem’s growth potential, particularly after the latest Columbus-5 upgrade and announcements on Risk Harbour insurance wrapped protection, is limitless,” said Jake Cormack, chief operating officer at Chiron Partners. “We want to work closely with visionaries behind up-and-coming projects built on Terra, supporting them with not just capital, but also our strategic, extensive resources … Read more

Stacked raises $35M to bring passive investing tools to retail crypto traders – TechCrunch

Stacked raises $35M to bring passive investing tools to retail crypto traders – TechCrunch

Stacked, a web-based platform that provides passive investment tools for retail investors interested in crypto, just announced it raised a $35 million Series A co-led by Alameda Research, a crypto trading firm owned by FTX founder Sam Bankman-Fried. Bybit and BitDAO partner Mirana Ventures co-led the round alongside Alameda. Fidelity International Strategic Ventures, DRW Venture … Read more

TabTrader raises $5.8M for a mobile app that aggregates crypto exchange data – TechCrunch

TabTrader raises $5.8M for a mobile app that aggregates crypto exchange data – TechCrunch

As many of the top cryptocurrencies seem to temporarily stabilize near all-time-highs, users looking to speculate on tokens that are a bit more volatile are searching across exchanges to find deals. Amsterdam-based startup TabTrader has been capitalizing on this search with a platform that aggregates prices and token availability across dozens of exchanges. While other … Read more

Crypto Regulation Tucked Into Infrastructure Bill Raises Surveillance Concerns; Receivers Would Have To Collect Tax IDs on Transactions Over $10,000

Gavel over U.S. flag and Bitcoin showing crypto regulation in infrastructure bill

A little-known law from 1984, originally intended to discourage large cash transfers, has been repurposed as a crypto regulation and tucked into the massive US infrastructure bill. The new rule would require receivers of a crypto payment that totals at least $10,000 to collect and report the Social Security number or tax ID of the … Read more

Crypto group raises $4 million and counting to buy early copy of US Constitution

Crypto group raises $4 million and counting to buy early copy of US Constitution

Bill Oxford via Getty Images A rare, first edition copy of the US Constitution is going up for auction on Nov. 18, and a crypto group called ConstitutionDAO is currently raising funds to buy it.Sotheby’s, which is conducting the auction, expects the copy to sell for between $15 million and $20 million. This copy of … Read more

Crypto for corporate treasury startup Meow raises $5 million in seed funding

Crypto for corporate treasury startup Meow raises $5 million in seed funding

Meow, the future of modern, compliant investing for corporate treasuries, today announced that the company has raised a seed round of funding. Coinbase Ventures, Gemini Frontier Fund, Lux Capital, and a host of cryptocurrency luminaries including Jump Capital, Slow Ventures, Shine Capital, Castle Island Ventures, Acrylic, amongst others, participated in the round. Until now, corporate … Read more

Notabene raises $10.2M to help crypto exchanges comply with new global regulations – TechCrunch

Notabene raises $10.2M to help crypto exchanges comply with new global regulations – TechCrunch

Notabene, a New York, NY-based crypto compliance SaaS startup, has raised $10.2 million in a Series A funding round co-led by F-Prime Capital and Jump Capital. The latest investment brings Notabene’s valuation to $45 million. New investors include crypto exchanges Luno and Bitso, who were Notabene’s customers prior to the fundraise, as well as the … Read more

Chingari’s crypto token raises $40 million within 24 hours of its live sale

Chingari's crypto token raises $40 million within 24 hours of its live sale

New Delhi: Short video app Chingari on Thursday announced that its first-ever crypto token ‘GARI’ raised $40 million within 24 hours of its live sale on Republic platform. Republic is a crowd-equity platform that offers investments in startups, real estate, gaming and crypto. “GARI has been designed to empower the creator community with content monetisation … Read more

Pfizer raises 2021 sales forecast for Covid vaccine to $36bn

Pfizer raises 2021 sales forecast for Covid vaccine to $36bn

Pfizer has more than doubled the 2021 sales forecast for its Covid-19 vaccine since February and predicted another bumper year in 2022 as it expands global distribution and begins shipping jabs for boosters and children.The US company said on Tuesday that it expected to generate $36bn in sales this year and $29bn in 2022, underlining … Read more

Blockchain startup Arcana Network raises $2.3 million from Republic Crypto, others

Blockchain startup Arcana Network raises $2.3 million from Republic Crypto, others

Mumbai: Arcana Network, a blockchain startup that offers decentralised storage and data privacy platform for Ethereum, has raised $2.3 million led by Republic Crypto and Woodstock Fund. Digital Currency Group (DCG), Hyperedge, Sahil Lavingia’s shl.vc, Fenbushi Capital, LD Capital, and Paradigm Shift VC also participated in the round. The round also saw participation from a … Read more