Aptos, a new startup created by some of Meta’s former employees involved in the Diem project, has announced it has raised $200 million for its upcoming goal of creating a scalable blockchain system. The investment, conducted in a strategic funding round, involves some well-known VC names, including Tiger Global, Katie Haun, Multicoin Capital, 3 Arrows…
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On February 17, the venture capital firm Sequoia Capital announced the launch of a new $500 million to $600 million sub-fund dedicated to “liquid tokens and digital assets.” The company noted during its announcement that the new fund highlights Sequoia’s strategic “commitment to crypto.” Venture Firm Sequoia Capital to Launch a Fund Focused on Liquid…
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The American actress and businesswoman Gwyneth Paltrow has participated in an investment round involving the bitcoin mining operation Terawulf. According to reports, Paltrow and a group of investors made a “substantial, 8-digit equity investment” in the company. Paltrow is well known for her involvement with cryptocurrencies and joined the crypto firm Abra in 2017 as…
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Blockchain-based startups continue to account for a significant proportion of newly established business entities across the globe. With venture capital funding seemingly prioritizing emerging technology, the blockchain industry experiences a significant influx of capital from corporate backers. According to the Global Startup Ecosystem Report 2021 published on Wednesday, blockchain-based businesses account for 10% of startups…
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An all-anon team is hoping to realize the long-awaited dream of a flexible DeFi options platform The Anon Powered development team has announced today the launch of Premia, the latest decentralized finance (DeFi) options platform live on Ethereum. In an interview with Cointelegraph, the group of semi-anonymous developers behind Anon Powered — who collectively requested…
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Crypto research and consulting Delphi Digital has launched a VC fund alongside an overhaul of its website. Digital asset research and consulting firm Delphi Digital has launched a venture capital fund focused on emerging crypto asset projects. A July 30 announcement describes the move as allowing Delphi “to become more active participants” in the projects…
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Despite the bearish times we’ve seen in the crypto market, the industry is maturing, a PwC report suggests. The crypto industry continues to mature, even during these bearish times, according to a recent report from PwC. The Big Four accounting firm’s findings showed that although the number of merger and acquisition deals in the crypto…
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Veteran investor and crypto pioneer Rana Yared leaves Goldman Sachs for VC firm. Financial service powerhouse Goldman Sachs Group Inc. lost another one of its top brass on February 5 after two other executives expressed departure plans several days prior. Goldman Sachs partner Rana Yared plans to exit her position at Goldman Sachs for a…
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