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Lightning Network fee rail, DeFi buying and selling platform and blockchain safety agency elevate thousands and thousands

Lightning Network fee rail, DeFi buying and selling platform and blockchain safety agency elevate thousands and thousands

Even with the onset of crypto winter, 2022 has been a watershed yr for enterprise capital funding. Crypto and blockchain corporations collectively raised $30.3 billion in enterprise capital within the first half of 2022, exceeding all…

On Wednesday, nonfungible token (NFT) domains platform Unstoppable Domains introduced that it closed a $65 million Series A funding spherical at a valuation of $1 billion. Notable buyers within the deal embody Pantera Capital, Mayfield, Gaingels, Alchemy Ventures, Redbeard Ventures, Spartan Group, OKG Investments, Polygon, CoinDCX, CoinGecko, We3 syndicate, Rainfall Capital, Broadhaven, EI Ventures, Hardyaka, Sound Media Ventures, Boost VC and Draper Associates. Unstoppable mentioned it is going to use the recent capital to gas product innovation and develop partnerships within the Web3 house.Unstoppable Domains gives NFT domains, that are suites of good contracts dwell on a public blockchain that give customers management of their saved information. NFT domains allow customers to ship or obtain crypto and work together with decentralized functions in lieu of their pockets addresses. A one-time, upfront charge is required to unlock one’s area for all times, with no additional renewal funds required.Since its inception in 2018, Unstoppable has registered 2.5 million domains built-in with over 150 Web3 functions and greater than 80 wallets and exchanges. The firm claims to have constructed greater than 300 partnerships with main Web3 firms like Polygon, Blockchain.com, and MoonPay. The agency generated almost $80 million in gross sales over the previous three years.Related: Circle and Unstoppable Domains to introduce username-based USDC fundsUnstoppable Domains founder and CEO Matthew Gould likened NFT domains to the expansion the digital economic system. “As the digital economic system turns into a bigger a part of our lives, it is time for folks to personal their identification on the web,” he mentioned, including:”We’re thrilled to accomplice with Pantera and different buyers who share our imaginative and prescient of onboarding billions of individuals onto Web 3.0 by way of NFT domains that unlock user-owned, non-public, and moveable identities.”

On Wednesday, nonfungible token (NFT) domains platform Unstoppable Domains introduced that it closed a $65 million Series A funding spherical at a valuation of $1 billion. Notable buyers within the deal embody Pantera Capital, Mayfield, Gaingels, Alchemy Ventures, Redbeard Ventures, Spartan Group, OKG Investments, Polygon, CoinDCX, CoinGecko, We3 syndicate, Rainfall Capital, Broadhaven, EI Ventures, Hardyaka, Sound Media Ventures, Boost VC and Draper Associates. Unstoppable mentioned it is going to use the recent capital to gas product innovation and develop partnerships within the Web3 house.Unstoppable Domains gives NFT domains, that are suites of good contracts dwell on a public blockchain that give customers management of their saved information. NFT domains allow customers to ship or obtain crypto and work together with decentralized functions in lieu of their pockets addresses. A one-time, upfront charge is required to unlock one’s area for all times, with no additional renewal funds required.Since its inception in 2018, Unstoppable has registered 2.5 million domains built-in with over 150 Web3 functions and greater than 80 wallets and exchanges. The firm claims to have constructed greater than 300 partnerships with main Web3 firms like Polygon, Blockchain.com, and MoonPay. The agency generated almost $80 million in gross sales over the previous three years.Related: Circle and Unstoppable Domains to introduce username-based USDC fundsUnstoppable Domains founder and CEO Matthew Gould likened NFT domains to the expansion the digital economic system. “As the digital economic system turns into a bigger a part of our lives, it is time for folks to personal their identification on the web,” he mentioned, including:”We’re thrilled to accomplice with Pantera and different buyers who share our imaginative and prescient of onboarding billions of individuals onto Web 3.0 by way of NFT domains that unlock user-owned, non-public, and moveable identities.”

On Wednesday, nonfungible token (NFT) domains platform Unstoppable Domains introduced that it closed a $65 million Series A funding spherical at a valuation of $1 billion.  Notable buyers within the deal embody Pantera Capital, Mayfield,…

KuCoin CEO Johnny Lyu launches ‘Anti-FUD Fund’

KuCoin CEO Johnny Lyu launches ‘Anti-FUD Fund’

The CEO of crypto alternate KuCoin says it’s launching an “Anti-FUD Fund” to trace down and doubtlessly take authorized motion in opposition to “FUDers” and educate crypto customers on figuring out misinformation. Johnny Lyu, CEO…

Aptos Labs raises $150M, greater than doubling valuation

Aptos Labs raises $150M, greater than doubling valuation

Layer-1 blockchain developer Aptos Labs has closed a $150 million funding spherical to additional its ambitions within the Web3 area, additional highlighting enterprise capital’s urge for food for budding crypto-focused startups.  The funding spherical was…

The Ukrainian authorities will likely be utilizing the proceeds of gross sales from a web based nonfungible token, or NFT, museum to revive art work in the actual world.According to a Friday announcement and knowledge shared with Cointelegraph, Ukraine’s Ministry of Culture and Information Policy stated the federal government’s Meta History Museum of War platform, geared toward preserving the timeline of main occasions in Russia’s battle with Ukraine, raised 803.28 Ether (ETH) — roughly $1.3 million on the time — via NFT gross sales. The ministry stated proceeds from the gross sales will go towards “the restoration of Ukrainian cultural institutions,” a lot of which have been broken or destroyed by missile assaults from Russia.”During the six months of the battle in Ukraine, the Russians destroyed a whole lot of our museums, theaters and cultural establishments,” stated Oleksandr Tkachenko, Ukraine’s Minister of Culture and Information Policy. “Ukrainian culture and national heritage have been damaged by almost 6 billion euros, and judging by the actions and intentions of the Russian Federation, this figure will only increase.”Alexander Borniakov, deputy minister of Digital Transformation of Ukraine for Information Technology Development, added:“NFT[s] will not stop Russian missiles, but blockchain technology will contribute to the economic recovery and development of Ukraine as an innovation-friendly country.”We want it was the final drop of NFT artworks, however Russia continues to destroy our homelandTherefore we signify the third drop of the artworks devoted to occasions between March 15 – 31. It contains masterpieces created by Maria Oz, Anton Abo, Oleksii Dyvysenko and the others. pic.twitter.com/T43keVzVgL— Meta History: Museum of War (@Meta_History_UA) July 22, 2022

The Ukrainian authorities launched the Meta History challenge in March, one month after the primary missiles struck Ukrainian targets within the ongoing battle. While the $1.3 million will go towards Aid For Ukraine — a platform launched by the federal government that accepts crypto donations “to support people in their fight for freedom” — the Ministry of Culture and Information Policy has stated the funds will likely be used for restoration relatively than provides for the nation’s army.UNESCO, the company behind lots of the world’s heritage websites primarily based on their significance to historical past, nature and artwork, reported that as of Monday, 164 cultural websites in Ukraine had been partially broken or destroyed because of the battle with Russia. These embody 72 spiritual websites, 12 museums, 32 historic buildings, 24 buildings for cultural actions, 17 monuments and 7 libraries. “These repeated attacks on Ukrainian cultural sites must stop,” stated UNESCO director-general Audrey Azoulay in June. “Cultural heritage, in all its forms, should not be targeted under any circumstances.”Related: Ukraine-based blockchain agency publicizes ‘we’re nonetheless hiring’ amid market downturn, battleSince the start of the battle with Russia in February, Ukraine’s authorities has raised greater than $100 million in crypto donations despatched on to pockets addresses supplied by the Ministry of Digital Transformation. According to Aid For Ukraine, crypto donations go towards supplying the nation’s army in addition to humanitarian assist.

The Ukrainian authorities will likely be utilizing the proceeds of gross sales from a web based nonfungible token, or NFT, museum to revive art work in the actual world.According to a Friday announcement and knowledge shared with Cointelegraph, Ukraine’s Ministry of Culture and Information Policy stated the federal government’s Meta History Museum of War platform, geared toward preserving the timeline of main occasions in Russia’s battle with Ukraine, raised 803.28 Ether (ETH) — roughly $1.3 million on the time — via NFT gross sales. The ministry stated proceeds from the gross sales will go towards “the restoration of Ukrainian cultural institutions,” a lot of which have been broken or destroyed by missile assaults from Russia.”During the six months of the battle in Ukraine, the Russians destroyed a whole lot of our museums, theaters and cultural establishments,” stated Oleksandr Tkachenko, Ukraine’s Minister of Culture and Information Policy. “Ukrainian culture and national heritage have been damaged by almost 6 billion euros, and judging by the actions and intentions of the Russian Federation, this figure will only increase.”Alexander Borniakov, deputy minister of Digital Transformation of Ukraine for Information Technology Development, added:“NFT[s] will not stop Russian missiles, but blockchain technology will contribute to the economic recovery and development of Ukraine as an innovation-friendly country.”We want it was the final drop of NFT artworks, however Russia continues to destroy our homelandTherefore we signify the third drop of the artworks devoted to occasions between March 15 – 31. It contains masterpieces created by Maria Oz, Anton Abo, Oleksii Dyvysenko and the others. pic.twitter.com/T43keVzVgL— Meta History: Museum of War (@Meta_History_UA) July 22, 2022 The Ukrainian authorities launched the Meta History challenge in March, one month after the primary missiles struck Ukrainian targets within the ongoing battle. While the $1.3 million will go towards Aid For Ukraine — a platform launched by the federal government that accepts crypto donations “to support people in their fight for freedom” — the Ministry of Culture and Information Policy has stated the funds will likely be used for restoration relatively than provides for the nation’s army.UNESCO, the company behind lots of the world’s heritage websites primarily based on their significance to historical past, nature and artwork, reported that as of Monday, 164 cultural websites in Ukraine had been partially broken or destroyed because of the battle with Russia. These embody 72 spiritual websites, 12 museums, 32 historic buildings, 24 buildings for cultural actions, 17 monuments and 7 libraries. “These repeated attacks on Ukrainian cultural sites must stop,” stated UNESCO director-general Audrey Azoulay in June. “Cultural heritage, in all its forms, should not be targeted under any circumstances.”Related: Ukraine-based blockchain agency publicizes ‘we’re nonetheless hiring’ amid market downturn, battleSince the start of the battle with Russia in February, Ukraine’s authorities has raised greater than $100 million in crypto donations despatched on to pockets addresses supplied by the Ministry of Digital Transformation. According to Aid For Ukraine, crypto donations go towards supplying the nation’s army in addition to humanitarian assist.

The Ukrainian authorities will likely be utilizing the proceeds of gross sales from a web based nonfungible token, or NFT, museum to revive art work in the actual world. According to a Friday announcement and…

Crypto change FTX and its United States subsidiary FTX US have reportedly every set new fundraising targets following the corporations planning a number of excessive profile acquisitions and credit score traces to corporations.According to a Wednesday report from Bloomberg, FTX co-founder Sam Bankman-Fried mentioned elevating cash matching that of a January funding spherical during which the agency closed on a $400 million spherical, bringing it to $32 billion in valuation. FTX US reportedly set related objectives, having raised $400 million in January to achieve an $8 billion valuation.The report adopted each corporations buying many firms which can be seemingly experiencing monetary difficulties amid the crypto market downturn. FTX US introduced in May it deliberate to buy Embed Financial Technologies as a part of a deal geared toward “enhancing” the corporate’s inventory providing. The change subsequently inked a take care of BlockFi for a $400-million revolving credit score facility that left the door open for FTX US to purchase the crypto lending agency. FTX has additionally made its personal forays into new acquisitions, saying in June it had entered into an settlement to buy Canadian crypto platform Bitvo and was reportedly contemplating buying Robinhood. Bankman-Fried stated throughout an NPR interview on the time that his corporations had a accountability to evaluate the state of affairs and step in, if wanted, as a part of efforts to “stem contagion” and stop a collapse.Related: Celsius moved $529M value of wBTC to FTX change: Should we be fearful?These efforts included supplying crypto brokerage agency Voyager Digital with a 200 million USD Coin (USDC) mortgage and a “revolving line of credit” of 15,000 Bitcoin (BTC) by way of Alameda — additionally underneath the management of Bankman-Fried. completely happy to return the Voyager mortgage and get our collateral again every time works for voyager— Alameda Research (@AlamedaResearch) July 8, 2022

The FTX co-founder stated in June that, in contrast to many different crypto exchanges, the agency is not going to be implementing a hiring freeze. Total estimates counsel that by way of Alameda and FTX, Bankman-Fried has dedicated roughly $1 billion into acquisitions and monetary assist for crypto corporations. Cointelegraph reached out to FTX , however didn’t obtain a response on the time of publication. FTX US didn’t touch upon the report.

Crypto change FTX and its United States subsidiary FTX US have reportedly every set new fundraising targets following the corporations planning a number of excessive profile acquisitions and credit score traces to corporations.According to a Wednesday report from Bloomberg, FTX co-founder Sam Bankman-Fried mentioned elevating cash matching that of a January funding spherical during which the agency closed on a $400 million spherical, bringing it to $32 billion in valuation. FTX US reportedly set related objectives, having raised $400 million in January to achieve an $8 billion valuation.The report adopted each corporations buying many firms which can be seemingly experiencing monetary difficulties amid the crypto market downturn. FTX US introduced in May it deliberate to buy Embed Financial Technologies as a part of a deal geared toward “enhancing” the corporate’s inventory providing. The change subsequently inked a take care of BlockFi for a $400-million revolving credit score facility that left the door open for FTX US to purchase the crypto lending agency. FTX has additionally made its personal forays into new acquisitions, saying in June it had entered into an settlement to buy Canadian crypto platform Bitvo and was reportedly contemplating buying Robinhood. Bankman-Fried stated throughout an NPR interview on the time that his corporations had a accountability to evaluate the state of affairs and step in, if wanted, as a part of efforts to “stem contagion” and stop a collapse.Related: Celsius moved $529M value of wBTC to FTX change: Should we be fearful?These efforts included supplying crypto brokerage agency Voyager Digital with a 200 million USD Coin (USDC) mortgage and a “revolving line of credit” of 15,000 Bitcoin (BTC) by way of Alameda — additionally underneath the management of Bankman-Fried. completely happy to return the Voyager mortgage and get our collateral again every time works for voyager— Alameda Research (@AlamedaResearch) July 8, 2022 The FTX co-founder stated in June that, in contrast to many different crypto exchanges, the agency is not going to be implementing a hiring freeze. Total estimates counsel that by way of Alameda and FTX, Bankman-Fried has dedicated roughly $1 billion into acquisitions and monetary assist for crypto corporations. Cointelegraph reached out to FTX , however didn’t obtain a response on the time of publication. FTX US didn’t touch upon the report.

Crypto change FTX and its United States subsidiary FTX US have reportedly every set new fundraising targets following the corporations planning a number of excessive profile acquisitions and credit score traces to corporations. According to…

Christie’s launches enterprise fund geared toward Web3 and blockchain investments

Christie’s launches enterprise fund geared toward Web3 and blockchain investments

Christie’s, the public sale home recognized for its gross sales of artwork and luxurious objects, has launched an funding fund to help rising firms with expertise enabling “seamless consumption of art.” In a Monday announcement,…

3AC’s founders are nowhere to be discovered

3AC’s founders are nowhere to be discovered

In the world of crypto, there’s no such factor as “too big to fail.” Three Arrows Capital, as soon as essentially the most recognizable hedge fund within the business, has basically gone belly-up after its…

VC crypto funding down 25.6% to $9.3B in first half of 2022

VC crypto funding down 25.6% to $9.3B in first half of 2022

Investment in venture capital-backed crypto startups dipped 25.6% to $9.3 billion in the first half of 2022 compared to $12.5 billion in the first half of 2021, Crunchbase data published on July 15 shows. The…