Playful Studios Launches Web3 Game Division, Raises $46M in Series A Funding
The Wildcard Alliance, Inc., a new mobile Web3 division launched by Taxes-based Playful Studios, is an ecosystem that focuses on democratizing access to web3 game development.
Crypto Investment Firm M31 Capital Launches $100m Web3 Opportunity Fund
Crypto investment firm M31 Capital Management, LLC announced the launch of a new Web3 fund, aiming at investing in early-stage blockchain technology projects and protocols in the Web3 ecosystem.
The Development of Blockchain Chips
The new "fully homomorphic encryption" chip will let users operate on data without decrypting it.
Gate.io to Launch Crypto Exchange in Hong Kong Following Government's $6.4M Investment in Web3
Hong Kong's current budget allocates millions to the Web3 and crypto industries to "keep up with the times," allowing Gate.io to establish a local presence.
Strike Secures $80m in Funding to Propel Instant Bitcoin Payments
Strike raised $80 million in funding to revamp BTC payments for top financial institutions, marketplaces, and merchants.
(Rejected) Citi Ventures Makes First Crypto Investment in Hong Kong-Based Digital Asset Manager
Citi Ventures is proving helpful in crypto startups’ journeys. The company has raised US$6 million in its latest financing round.
Injective Launches $150 Million Ecosystem
Injective, a layer-1 blockchain technology, is funding Cosmos network developers with $150 million. Pantera Capital, Kraken Ventures, Jump Crypto, and Gate Labs support the fund.
Nigerian Crypto Startup Lazerpay to Shut Down Operations
Lazerpay, a Nigerian crypto and Web3 company, announced its shutdown due to a lack of funding. Founder Emmanuel Njoku emphasized the impact Lazerpay had in the crypto ecosystem and recommended users withdraw their funds by April 30. The company is also inviting offers to purchase its intellectual property.
CharacterX Raises $2.8M for AI-DrivenAI Social Networking, Led by Lightspeed
CharacterX, a Stanford-initiated decentralized AI social network, secures $2.8M funding, blending AGI and blockchain to innovate social interactions, with significant user growth and technological advancements.
Chainsafe Raises $18.75m to Advance Adoption & Sustainable Growth in Web 3
Canadian-based Blockchain research and development firm Chainsafe has raised $18.75 million in oversubscribed Series A funding backed by prominent industry venture firms.
Nordic Neobank Lunar Raises $77M Funding Round, Launching Crypto Trading Platform
Lunar strives to offer more convenient, empathic and engaging banking alternative services to both private and business customers.
CoinFund on Hunt for Raising $250 Million
New-York based web3 investment firm CoinFund is on the hunt to raise $250 million just three months after its previous fund. It plans to use the investment to fund seed-stage startups.