Category: Funding

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Crypto Biz: An eye-opening chat with Mr. Wonderful, April 7–13, 2022

Kevin O’Leary told Cointelegraph that Bitcoin mining could incentivize green energy production. We also interviewed Mark Yusko and Mike McGlone at Bitcoin 2022. The past seven days have reminded me of how lucky I am to have forged a career in the Bitcoin (BTC) and cryptocurrency industry. Cointelegraph sent a contingency of reporters to the…
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Ecosystem expansion and $45M funding round boost Boba Network (BOBA) price by 30%

BOBA price booked a double-digit gain after a $45 million funding round and developer incentive program lured investors back to the network. The institutional adoption of cryptocurrencies has been gaining momentum over the past couple of years due to venture capitalists and money managers looking to the crypto market as the next investment class that…
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Blockchain.com’s value rockets to $14B after new funding round: Reports

Blockchain.com has secured a staggering $14 billion valuation after raising an undisclosed amount in funding from global VC firms. Cryptocurrency exchange and financial services firm, Blockchain.com, has reportedly raised new funding at a valuation of $14 billion. According to Bloomberg, the financing round was led by global venture capital firm Lightspeed Ventures and Baillie Gifford…
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Bitcoin price surges, but derivatives metrics reflect pro trader’s neutral sentiment

BTC and ETH prices are in a clear bull trend, but derivatives data shows pro traders haven’t turned into bulls just yet. As Bitcoin (BTC) finally broke out of the $46,000 resistance on March 27, traders were quick to conclude that the bearish trend was gone for good. Even as the price hit its highest…
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Crypto Biz: Do you believe in Ethereum killers? Put your money where your mouth is, March 18–24

Grayscale Investments is giving accredited investors an easy path to investing in alternative smart contract platforms, including Cardano and Solana. While crypto markets are still in a state of “fear,” as evidenced by Bitcoin’s Fear & Greed Index, the industry as a whole is giving us reasons to be bullish. Large venture funding rounds, growing…
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BAYC’s ApeCoin up 50% this week as its creator raises $450M in new funding

APE has closed above a key interim support level, raising its possibilities to extend its rebound move. ApeCoin (APE) continued its rebound move Thursday as the firm behind it raised hundreds of millions of dollars in a funding round led by Andreessen Horowitz. APE’s price surged 7.5% intraday to reach around $14.50 per piece. Notably,…
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NFT creator Yuga Labs raises $450M, bringing company valuation to $4B

Led by Andreessen Horowitz, the seed round is one of the largest funding deals in the nonfungible token market. Yuga Labs, the creators of Bored Ape Yacht Club (BAYC) and new owners of the CryptoPunks and Meebits brands, announced it is now valued at $4 billion after its latest $450 million seed funding round. VC…
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VC Roundup: NFTs, crypto mortgages, 5G network and Web3 devs raise millions

From digital art to mortgages, blockchain technology is disrupting traditional industries — and attracting major investors to boot. The cryptocurrency market has failed to make significant headway in recent months, but that hasn’t stopped the industry’s builders from building. Nonfungible tokens (NFTs), crypto mortgages, blockchain-powered cellular networks and Web3 gaming have all piqued the interest…
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Crypto Biz: Have you considered a career in crypto? March 11–17

Companies like Visa and Nomura Holdings have set up dedicated crypto departments as they continue to embrace digital assets. Analyzing the labor market is a passion of mine. In my past life, I worked as a labor market analyst for a Canadian think tank specializing in the IT sector. Tech employees always enjoyed higher demand,…
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Ripple to give out 1 billion XRP in developer grants

The first two waves of the XRPL grant have offered $6 million in funding to 50 open source projects built on the XRP ledger. Ripple, the enterprise payment technology company, plans to give out one billion XRP in grants for developers. The newly announced grant is an extension of the company’s XRPL Grants program launched…
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