DeFi Platform Space and Time Pulls $10m in Series A Funding
DeFi startup Space and Time has secured $10 million in a Series A funding round as the firm seeks to develop its one-in-a-kind cryptographic protocol called proof-of-SQL.
A group of nine banks has invested $45 million in Carbonplace
The independent UK Carbonplace organization will start later this year under CEO Scott Eaton.
Injective Raises $40m Funding to Expand DeFi Applications
Injective is investing in the future of financial technology by creating avenues for diversified and equitable access to financial freedom.
Animoca Brands's New Management Team Onboards
Animoca Brands, a digital entertainment, blockchain, and gamification startup has announced that it has onboarded many new staff to take up leadership positions in the company.
Digital Currency Group Raises $700M at $10B Valuation
The Digital Currency Group (DCG) has announced its latest secondary share sale in which it pulled about $700 million in funding.
Polkadot Synthetic Asset Protocol Tapio Acquires $4m in Funding
Tapio protocol, on Monday, announced it had raised a total of $4 million in funding from Polychain, Hypersphere, and Arrington to usher a unified liquidity standard to Polkadot.
Bitget Launches Web3 Fund
Bitget has launched a Web3 Fund to support venture firms and projects globally, with a focus on Asian projects solving real-world problems. Bitget plans to partner with venture capitalists and expand its products and services in 2023.
Quantinuum Secures $300 Million in Landmark Quantum Computing Funding Round
Quantinuum secures a significant $300M equity fundraise at a $5B valuation, led by JPMorgan Chase, Mitsui, Amgen, and Honeywell, marking a major stride in the quantum computing sector and boosting development of fault-tolerant quantum computers.
Pan-African Crypto Exchange Yellow Card raises $40M in Series B Funding Round
The round was led by Polychain Capital. The significance of the funding raise, especially in the ongoing market downturn, reflects the level of business confidence expressed by new and existing investors.
Skolem Raises $20m in Series A Funding to Enable Institutions Access DeFi
The fundraise shows Skolem’s commitment to developing an easy way for institutions to access DeFi services, enabling firms to easily and reliably access new markets powered by decentralized finance.
Naoris Protocol Secures $11.5 m Funding, Enhancing Web3 Networks Security
Cybersecurity protocol Naoris raised the funding with $11.5 million, which it mentions will enable it to revamp network security for the Web3 world.
Coinbase Backs Lawsuit against US Treasury over Tornado Cash Sanctions
A group of crypto users are challenging the US Treasury Department's sanctions of Tornado Cash in court. Coinbase is backing the legal action.