Keplr, a crypto wallet provider, has raised $5 million in a seed funding round after four years of operating as a bootstrapped company.
Unlike other Ethereum L2s, “the first true SVM rollup" uses the Solana Virtual Machine to speed transaction settlement times.
Stablecoin issuer Circle has acquired Hashnote, a tokenization startup incubated by Cumberland Labs, for an undisclosed sum.
Crypto exchange GRVT has raised $5 million in equity funding from Further Ventures, a VC firm backed by Abu Dhabi's sovereign wealth fund ADQ.
The Tether-backed video streaming platform closely associated with the Trump universe purchased its first bitcoins on Friday.
The platform aims to use its financing to eventually launch its own token, with the overall goal of expanding TON's DeFi landscape.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Coinbase Prime has seen an increase in USD inflows, indicating a rise in OTC bitcoin trading by institutional investors.
Merit Systems raised $10 million in a seed funding round co-led by Andreessen Horowitz’s crypto fund and Blockchain Capital.
Venture capital firms Sequoia Capital and Paradigm led the $150 million Seriec C funding round.
The yield-bearing solution was spun up through a partnership with crypto-native fund Maven 11's credit unit and a prominent prime broker.
Solana protocol Tapestry raised $5.75 million in a Series A round co-led by Union Square Ventures and Fabric Ventures.
Cntrl Wallet's CEO and founder Emile Dubie said the firm has decided to explore acquisition opportunities to help it scale.
The firm intends to use the funds to grow out its team and developing its core infrastructure, such as launching its testnet chain, first game and other on-chain assets.
The seed capital will fund development of a payment network aspiring to be the "fastest, cheapest, and most compliant" Layer 1.
The company intends to use the new financing to develop its onchain UX platform via its software development kits.
The transaction was funded in bitcoin, with Komainu establishing its own bitcoin treasury to manage the capital provided.
Options trading platform Deribit has reportedly drawn interest from potential buyers and is working with FT Partners to explore strategic opportunities, Bloomberg News reported on Jan. 14, citing sources familiar with the matter. The platform has seen a meteoric rise in trading activity, with its total trading volume nearly doubling to $1.2 trillion in 2024. […]
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Ripple has partnered with Chainlink to provide robust pricing data for its RLUSD stablecoin, according to a Jan. 7 statement. The integration introduces Chainlink’s blockchain technology to Ripple’s ecosystem, delivering secure and verifiable price feeds directly on Ethereum’s network. RLUSD, a stablecoin pegged to the US dollar, was launched in December after securing approval from […]
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Crypto venture capital investments grew 26.1% in 2024 compared to the previous year, with 1,535 projects publicly disclosed, according to a report by Wu Blockchain citing RootData statistics. The report highlighted a total of 102 publicly disclosed crypto VC investment projects in December, reflecting a 7.4% month-on-month (MoM) increase from 95 projects in November. However, […]
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Tether Limited is set to invest $775 million in video-sharing platform Rumble as part of a strategic partnership aimed at boosting decentralization efforts, according to a Dec. 20 press release. The news caused a sharp spike in Rumble’s stock, which surged in after-hours trading, climbing 35.89% to $9.77 despite having closed the regular session down […]
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Venture capital (VC) funds invested nearly $800 million in crypto startups in November, according to DefiLlama data. Despite recording the fourth-best month for funding this year, the amount was down 8% compared to the money raised in October. Infrastructure still reigns The blockchain gaming sector raised roughly $71 million in funding, while general web3 projects […]
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DNA Holdings Venture Inc. has unveiled DNA Deal Desk, an exclusive investment platform for high-net-worth individuals, developed in collaboration with Chintai Nexusm, according to a Dec. 9 press release shared with CryptoSlate. The platform, built on Chintai’s compliance-focused Layer 1 blockchain, provides curated opportunities in the web3, artificial intelligence (AI), and cryptocurrency sectors aimed at […]
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Woori Technology, a South Korean venture capital firm, is reportedly considering selling its stake in Dunamu, the parent company of the Upbit crypto exchange. Upbit is the largest crypto trading platform in the East Asian country. According to local media reports, Woori invested 5.5 billion KRW in Dunamu in 2015, acquiring an undisclosed company share. […]
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Bitcoin (BTC) miner Marathon Digital has announced the acquisition of a wind farm in Hansford County, Texas, to bolster its sustainability efforts. The wind farm, which boasts 240 megawatts (MW) of interconnection capacity and 114 MW of nameplate wind capacity, will be the foundation for a new, sustainable data center. Additionally, Marathon plans to develop […]
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Financial services firm Cantor Fitzgerald, which serves as Tether’s banking partner, is looking to work with the stablecoin issuer on a program that will allow clients to borrow dollars against Bitcoin as collateral, Bloomberg reported on Sunday. While the firm will start lending against Bitcoin with $2 billion, it is expected to increase to tens […]
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Bitwise Asset Management has acquired Attestant Limited, an institutional-grade Ethereum (ETH) staking provider, in a deal that boosts the firm’s total assets under management (AUM) to over $10 billion, according to a Nov. 13 press release. The acquisition allows Bitwise to add Ethereum staking to its lineup of exchange-traded products, private funds, and hedge fund […]
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Binance Labs, the venture capital arm of crypto exchange Binance, has made a strategic investment in BIO Protocol, a blockchain-based platform that aims to reshape early-stage scientific research funding. The investment marks Binance Labs’ first foray into the emerging Decentralized Science (DeSci) sector, highlighting its commitment to leveraging blockchain technology for societal impact. BIO Protocol’s […]
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In a post shared with its community, DEGEN revealed mounting challenges in its ongoing effort to migrate DEGEN L3 to a new service provider. The prolonged standoff, which DEGEN claims has stalled critical upgrades and harmed users, has spotlighted unresolved tensions with its current provider, Conduit. Service failures Since August, DEGEN has reportedly sought to […]
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Riot Platforms CEO Jason Les revealed substantial interest from “blue-chip” companies looking to partner with the Bitcoin miner on AI and high-performance computing (HPC) initiatives. Speaking during the Oct. 30 earnings call, Les explained that the company has received numerous inbound offers to secure large-scale power capacity. The\ inquiries come from highly credible, financially stable […]
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