Worldcoin, an ambitious crypto project co-founded by OpenAI CEO Sam Altman, has received a significant financial boost with the latest funding round. On May 25, the technology company behind Worldcoin, Tools for Humanity, announced an influx of $115 million in series C funding...
DigiToads‘ code is secure following a thorough review by Coinsult, a blockchain security and audit firm. Meanwhile, pepe coin (PEPE) remains under pressure and faltering. As laws regulating crypto and the industry are being developed, the resulting weak check and balances have made...
Borderless Capital, Polygon Ventures, and others launch $50m cross-chain interoperability initiative
Top blockchain teams and venture funds, including Algorand Foundation, Arrington Capital, and others, have come together to establish a $50 million cross-chain ecosystem fund. Managed by Borderless Capital, the fund is aimed at supporting and nurturing startups leveraging the Wormhole cross-chain messaging protocol....
River Financial, a San Francisco-based bitcoin technology and financial services institution raised $35 million in a new equity funding round, with the company’s CEO stating that institutional adoption rather than hype is mostly fueling a renewed interest in bitcoin. River’s new funding round...
Experts are cautious, predicting that the crypto winter might not be over. Bitcoin traders remain split with most investors considering DigiToads. DigiToads is trending, expanding its social media presence as it continues establishing itself as a community-focused project while riding the meme token...
Venture firm Tribe Capital is reportedly contemplating a significant capital injection to help resurrect FTX, the bankrupt crypto exchange. The company is considering leading a $250 million fundraising campaign, anchored by $100 million from itself and its limited partners, as it explores options...
After facing accusations of sexual assault, Yu Jun resigned from A&T Capital, according to reports. Crypto exec exists firm Yu Jun is a founding partner of A&T Capital and equally participated in the creation of Ant Group Co. In a recent statement, A&T...
Amid SVB’s collapse, the defunct cryptocurrency exchange FTX is suing the venture capital company Modulo Capital, which got a significant investment from Alameda Research last year. The lawsuit seeks to recover $460 million in client monies that FTX is said to have improperly taken. Due to the...
Albright Capital has voluntarily dropped its lawsuit against Terraform Labs and Do Kwon. Zhu Su, the founder of Three Arrows Capital, posted a portion of the dismissal letter on Twitter. In his Twitter post, Zhu said: Curious how long it will take cryptonative...