Research by Galaxy Digital suggests that Web3 venture capital investment has declined to quarterly lows not seen since 2020. Crypto startups have faced a tougher fundraising environment as the bear market led to an $11 billion decline in venture capital investment. Crypto Mining Firms Account for Majority of Deals Despite the low investment, the number […]
Information protocol RSS3 has raised $10 million via a token sale to prolific Web3 investor DWF Labs, according to an emailed announcement shared with CoinDesk. RSS3 aims to be a bridge between blockchain technology and AI, search engines and social media. It has previously attracted investment from Coinbase, Dragonfly and noted entrepreneur and former Andreessen […]
Layer 1 blockchain contributor Sei Labs has raised $30 million across two strategic funding rounds. The funding will help accelerate Sei Labs’ growth, including a deeper expansion into the Asia-Pacific region. Investors in the rounds included Jump Crypto, Distributed Global, Multicoin Capital, Asymmetric, Flow Traders, Hypersphere and Bixin Ventures. The post-money valuation stands at $800 […]
Open Exchange (OPNX) ha afirmado haber experimentado un aumento masivo del volumen de operaciones y ha bromeado sobre su volumen desastrosamente bajo el día de su apertura. Según un tuit de OPNX del 10 de abril, el volumen de operaciones del primer día, el 4 de abril, alcanzó un total de USD 13.64, pero desde […]
Bankruptcy claims trading market Xclaim has closed a $7 million Series A funding round, the company said Tuesday. Xclaim allows for the trading of major bankruptcy creditor claims, including FTX, Genesis and BlockFi. Currently, FTX claims are going for 19 cents on the dollar, up from 13 cents earlier this year, while Genesis is going […]