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70 articles found
Latest
Crypto Projects Raise Over $1 Billion in March 2024
Funding for cryptocurrency projects in March 2024 significantly outpaced the previous month, nearly doubling in amount.
Gitcoin Unveils Restructuring Strategy
In a strategic move, Gitcoin, known for project funding, is changing its approach from a broad focus on public goods to enhancing Ethereum's grant infrastructure.
Musk Seeks $6B Investment for xAI
Elon Musk is on a mission to attract $6 billion in funding for his AI-focused company, xAI, setting his sights on a valuation of $20 billion. This move would position xAI as a formidable rival to OpenAI, renowned for its ChatGPT app.
Worldcoin Developer Eyes Investment Through WLD Token Sale
The lead developer of Worldcoin, Tools For Humanity, is considering selling WLD tokens to attract funding and is currently engaging in preliminary discussions with investors. Unofficially, it is understood that they are looking to sell these tokens at a 50-60% discount, aiming to raise $50 million.
Best Token Sale Models for ICOs
Selecting an appropriate token sale model is crucial for an ICO's success. It enables investors to more accurately forecast the post-sale value of the asset, and project founders to enhance their funding prospects.
What is a Funding Rate and How Does it Work?
The funding rate is a specific fee set by cryptocurrency exchanges to balance the ratio of overall volumes of short and long positions in the perpetual futures market.
Ukranian Startup Raises Funds for Bitcoin Liquid Staking
Kyiv-based Stroom Network has bagged $3.5 million in a Seed funding round that was oversubscribed.
M^0 Labs: The Next Generation of Stablecoins
The cornerstone for crypto adoption lies in the space of stablecoins. This piece introduces M^0 Labs, a trailblazing project in this sector, detailing its methodology, financial backing, community involvement, and the minds behind its creation.
AI Company Recogni Ventures into New Territory
American company Recogni, renowned for developing technologies for autonomous vehicles, has raised $102 million in funding to venture into the creation of chips for generative AI. The investment round featured contributions from entities such as Celesta Capital, HSBC Holdings, and business figures from Saudi Arabia — Tasaru Mobility Investments.
Uncorrelated Ventures Raised $315M to back tech and crypto
Investment company Uncorrelated Ventures secured $315 Million in recent funding to finance software infrastructure and crypto startups.
The AI Industry Garners Monumental Investments
French startup Mistral AI has secured an investment of 385 million euros in its most recent funding round, which was spearheaded by Andreessen Horowitz (a16z) and Lightspeed Ventures. This infusion has raised the company's valuation to $2 billion.
BlackRock Attracts the First Investor for its Bitcoin ETF
Asset management powerhouse BlackRock has secured seed funding for its spot Bitcoin ETF, still awaiting the green light from the U.S. Securities and Exchange Commission (SEC).
OpenAI Seeks Additional Funding for Advanced AI Development
OpenAI, the creator of ChatGPT, is seeking additional investments from its primary investor, Microsoft, reports the Financial Times.
DAOs — A Solution to the "Brain Drain" in Science
In a recent publication, the renowned scientific journal Nature has offered a positive assessment of the potential of decentralized autonomous organizations (DAOs) for researchers facing limited funding.
Injecting Capital into Innovation: Hack VC's New Funding
Hack VC, a U.S.-based venture capital firm, has successfully amassed $150 million for investments in digital asset-related projects. The company is setting its sights on early-stage startups, with a portion of its team already operating from its New York base.
U.S. Treasury Refutes Crypto's Dominance in Terrorism Financing
Brian Nelson, the U.S. Deputy Treasury Secretary for Terrorism and Financial Intelligence, conceded in a Congressional hearing that the role of cryptocurrencies in funding terrorism has been overstated.
Flowdesk Clinches $50M Investment Boost
Flowdesk, a French cryptocurrency service provider founded three years ago, has successfully raised $50 million in a recent funding round, with Cathay Innovation being the major investor.
Wormhole: The Largest Crypto Financing in 2023
On November 29, 2023, Wormhole raised $225 million in a recent funding round. As the year draws to a close, this milestone is already being touted as the largest crypto fundraising in 2023.
Arbitrum DAO Announces Distribution of 21.52 Million ARB
Following a community vote, Arbitrum has decided to disburse the remaining ARB tokens from its initial round of grant funding. Out of the numerous projects, only 29 secured enough votes in the first round.
Google and Cambridge renew multi-year partnership
Cambridge University and Google have forged a renewed, multi-year partnership aimed at funding and conducting groundbreaking research in the realm of artificial intelligence.
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