City Dragonfly Financial News

23.07 / 10:00

Polygon Mainnet Avail Polygon Spinoff Avail to Launch DA Mainnet

Blockchain data-availability project Avail founded by former Polygon team members has announced the launch of Avail DA Mainnet and the AVAIL token.

11.06 / 06:27

markets Blockchain COST CEO security zk Nexus Raises $25M in Series A Funding For Zero-Knowledge Cryptography

Nexus has secured $25 million in a Series A funding to develop verifiable computation through zero-knowledge cryptography.

05.06 / 09:55

Blockchain Provident Web3 security Avail Avail Raises $43 Million for Secure Rollup Interoperability and Data Availability

Avail has secured $43 million in a Series A funding round to develop secure rollup interoperability and data availability.

04.06 / 15:01

Blockchain Funding Avail Avail Raises $43M in Funding Round to Expand Data Availability and Rollup Interoperability

Blockchain data-availability project Avail has closed a $43 million Series A funding round with participation from venture capital firms Founders Fund, DragonFly Capital, Cyber Fund, and more.

08.05 / 20:21

markets Digital Crypto Trading Funding wellness Trade Diversity Crypto Trading Firm Arbelos Markets Raises $28 Million in Oversubscribed Investment Round

Crypto principal trading firm Arbelos Markets announced on Wednesday the successful raise of $28 million in an investment round that was significantly oversubscribed.

06.05 / 14:35

Blockchain Binance Web3 security Fishing Bitcoin Stacks, Moonriver, Hedera Network and Iron Fish Join Axelar’s Interchain Amplifier

Web3 cross-chain protocol Axelar has announced over 60 chains including Stacks, Moonriver, Hedera Network and Iron Fish have joined a devnet-phase pilot of Interchain Amplifier.

21.03 / 08:13

markets Blockchain Ethereum BLOCK Entertainment Funding social Morph EVM Raises $20M Funding Led by DragonFly Capital

Ethereum Virtual Machine (EVM) Layer 2 firm Morph, announced it has raised $19 million in a seed funding led by investment firm DragonFly Capital.

20.03 / 15:35

markets Provident Digital security show reports International How much can you make working for a crypto firm?

US crypto companies offer significantly higher compensation packages than overseas rivals, according to a survey of startups by digital-asset investment firm Dragonfly Capital.

29.08 / 12:43

UPS NFT Platform coinbase Align Investment social Dragonfly Capital Leads $3.75 Million Round for NFT Pioneer FirstMate – Crypto Funding Back?

Non-fungible token (NFT) startup FirstMate has successfully raised $3.75 million for further development of a new NFT storefront builder platform.

19.07 / 19:15

Provident Venture Capital Crypto VC Investor Shima Capital Struggles to Establish Long-Term Partnership with Independent Auditor

Shima Capital, a prominent venture fund in the crypto sector, has encountered challenges when seeking for a long-term independent auditor.

10.05 / 16:05

business Binance NFT Funding Venture Capital BSC BNB NFT marketplace Tabi raises $10M in angel funding

Tabi, the nonfungible token marketplace previously as Treasureland, has completed a $10 million angel funding round, the BNB Chain-based platform announced on May 10.

10.04 / 06:43

business Asia exchanges Derivatives Bitget launches $100M Web3 fund for crypto projects in Asia

Crypto derivatives exchange Bitget launched a new fund focused on supporting the next generation of Web3 projects. According to a statement seen by Cointelegraph, $100 million will be invested in the fund as an initial investment.

04.04 / 10:17

business Blockchain Investments recovery Dragonfly Capital invests $10M in Bitget amid industry recovery

Dragonfly Capital has invested $10 million in cryptocurrency derivatives exchange Bitget, the San Francisco-based venture capital firm announced on April 4. The funds will be used to support Bitget’s ongoing global market and service expansion and upcoming corporate social responsibility initiatives directed at crypto education and adoption.

22.03 / 16:41

business Blockchain wallet Multichain valuation Multichain wallet BitKeep raises $30M at $300M valuation

On Mar. 22, cryptocurrency derivatives exchange Bitget announced a $30 million investment into multi-chain wallet BitKeep at a $300 million valuation. The deal will see Bitget become the controlling shareholder of BitKeep and allow the latter to "access to the exchange's proven technology and security capabilities in the exchange domain, thus helping it improve the stability and security of its services." Gracy Chen, managing director at Bitget, commented:

27.02 / 01:01

business Adoption Web3 Funding DAO Startups Mantle BitDAO's Mantle Core proposes $200M for Web3 fund

A proposal seeking to create a $200 million fund dedicated to early-stage Web3 startups was submitted on Feb. 26 by Mantle Core on BitDAO's governance forum. The ecosystem fund aims to boost the adoption of Mantle's network among developers and Dapps.

24.02 / 20:03

ChatGPT is Helping This New Project Take Crypto Search to The Next Level – A Game-Changer for the Industry?

Ai-powered Web3-focused search engine Kaito just raised $5.3 million in a seed fundraising round, according to a recent TechCrunch report. Kaito says the funds will be used to increase the size of the team and speed up product development.

22.02 / 14:05

Digital Strategy SoftBank Analyzing Polygon’s eventful 2022 as layoffs raise questions

Polygon Labs, the developer company behind leading sidechain Polygon [MATIC], announced on 21 February that, at the beginning of the year, the company consolidated multiple business units, which resulted in a 20% reduction in its team.

19.12 / 17:47

business Blockchain Dapps Startups Axelar launches $60M startup ecosystem program

The proof-of-stake (PoS) blockchain Axelar launched on Dec. 19 a $60 million startup funding program dedicated to accelerating the development of decentralized applications and protocols that can replace centralized exchanges. The initiative is backed by over 15 blockchain investors.

25.11 / 14:43

business Bitmain Bitcoin Matrixport Crypto lender Matrixport seeks $100M funding despite lending crisis

Matrixport, the cryptocurrency firm founded by Bitmain co-founder Wu Jihan, is in the process of raising $100 million in funding despite the ongoing crypto market crisis.

03.10 / 16:47

Blockchain UPS Binance ICO Uniglo.io (GLO), BitDAO (BIT) And Binance Coin (BNB) Opening Door To Become A Millionaire

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

19.08 / 21:17

business Web3 Funding Venture Capital Crypto Biz: Crypto VC is back with a vengeance

You’ve no doubt heard the expression, follow the money. Well, if you do that in the venture capital world, you’ll be led directly to crypto, blockchain and digital assets. After a modest summertime lull in venture financing, this week saw the announcement of two massive raises worth a combined $500 million. That’s $500 million VCs are allocating to crypto-focused startups at the intersection of Web3, blockchain infrastructure and decentralized communities.

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