City Multicoin Financial News

10.05 / 06:53

Blockchain Platform security Bitcoin innovations Arch Labs $7 Million to Develop Bitcoin-Native Application Platform

Arch Labs has secured a $7 million investment to develop a Bitcoin-native application platform.

14.03 / 22:07

markets Ethereum Digital coinbase security President Bitcoin Trump crypto czar Sacks sells over US$200 million in investments

David Sacks, President Donald Trump’s adviser for artificial intelligence and cryptocurrencies, and his venture-capital firm Craft Ventures have divested more than US$200 million worth of holdings related to the digital-asset industry, according to a memo released by the White House.

27.02 / 09:33

markets Blockchain Digital CEO Platform voice Features FanTV raises $3 million to transform AI-powered content creation

FanTV, an AI-powered content platform on the Sui blockchain, has secured an additional $3 million in strategic investment. This new funding, backed by Mysten Labs, Cypher Capital, CoinSwitch Ventures and Illuminati Capital, will fuel FanTV’s mission to revolutionize digital content creation with AI-driven tools.

12.07 / 17:08

Mining EthCC SKALE Labs Launches Pacifica to Speed up Block Mining

Ethereum scaling project SKALE Labs has launched the Pacifica V3 upgrade which will speed up block mining and transactions by over 100%.

01.05 / 17:25

markets COST Provident Web3 Funding Trade BAXUS Raises $5 Million in Funding to Expand Web3 Spirits Marketplace

BAXUS, a global marketplace for collectible spirits, has completed a seed funding round to enhance its web3-enabled trading platform.

05.04 / 16:33

Platform Analysis Remark hedge fund Crypto Adoption show gatherings Crypto VC Funding Surges in Q1 2024, Breaking 2-Year Downtrend

Venture capital (VC) funding in the crypto space has experienced a surge in the first quarter of 2024, breaking a two-year downtrend.

30.03 / 16:41

markets Adoption Remark hedge fund performer reports Multicoin Capital’s Crypto Hedge Fund Posts Staggering 9,281% Growth Since 2017

Crypto-focused hedge fund Multicoin Capital has delivered extraordinary returns to its investors, exceeding 9,000% since its launch in 2017.

07.03 / 07:53

Funding Artificial Intelligence French Cryptography Startup Zama Raises $73M for Blockchain, AI Privacy Apps

French cryptography startup Zama has raised $73 million in a Series A funding round led by Multicoin Capital, Protocol Labs and participation from well-known crypto players such as Polkadot co-founder Gavin Wood, and Solana co-founder Anatoly Yakovenko.

21.01 / 04:51

markets COST Provident Diversity social innovations Multicoin Capital's Vision for 2024: Embracing AI, Crypto, and Web3 Innovations

Multicoin Capital, a leading crypto venture capital firm, recently outlined its excitement and predictions for 2024, providing a glimpse into the future of the crypto landscape.

29.11 / 14:45

business Blockchain Adoption defi Funding Venture Capital Terra Luna valuation Wormhole raises $225M at $2.5B valuation

Cross-chain protocol Wormhole has secured a $225 million investment at a valuation of $2.5 billion.

29.08 / 02:07

business Blockchain solana Solana-based Clockwork to shutter citing ‘limited commercial upside’

The developers behind Solana-based smart contract automation project Clockwork is set to turn off key infrastructure for the protocol at the end of October, citing “limited commercial upside."

28.08 / 22:33

solana seed funding Solana-based Protocol Clockwork To Shut Down Despite $4 Million Seed Funding

Solana-based automation protocol Clockwork will be winding up its operations after its founder disclosed the company’s decision to step away from “active development of the protocol.”

05.03 / 12:53

Blockchain Digital Remark FTX Luna reports letter Investor Letter Shocker: Multicoin Capital's Hedge Fund Reports 91.4% Loss in 2022 – Here's What Happened

Digital asset investment firm Multicoin Capital lost as much as 91.4% in 2022 as investors rushed for the exits following the catastrophic collapse of FTX.

28.01 / 00:51

markets Facebook Libra Cardano Trading solana 5 reasons why the Aptos (APT) rally could still have wings

Aptos’ APT reached a new all-time high of $20.39 after posting gains exceeding 400% since the start of 2023. While the rally could just be a pump-and-dump event due to the perception of weak fundamentals, increasing negative sentiment toward the token will likely fuel the prices in the short term.

04.01 / 21:47

business Blockchain Adoption network MEXC Support MEXC launches $20M ecosystem fund to support Sei Network

According to a blog post published on Jan. 4, Singapore-based cryptocurrency exchange MEXC announced that it would allocate $20 million to support developments on Sei Network. A layer one blockchain designed for trading, Sei Network's stated features include native order matching, frontrunning protection, smart block propagation, and 600 milisecond on-chain trade settlement. Leo Zhao, investment manager of MEXC Ventures, commented:

17.11 / 18:09

business Blockchain Blockchain Game Heroic Story secures $6 million to build Web3 tabletop RPG world

Web3 gaming protocol Heroic Story raised $6 million in a seed round led by Upfront Ventures with participation from Multicoin Capital and Polygon Technology, the company announced on Nov. 17.

28.09 / 16:41

business solana Developers Funding Solana tech developer Coral raises $20M, plans to launch 'xNFT' protocol

Solana ecosystem developer Coral has closed a $20 million investment round backed by some of crypto’s biggest venture funds, setting the stage for launching its new interactive wallet later this month.

11.08 / 19:17

BLOCK Digital Maxim Interface Framework MEV Jito Labs Raises USD 10M from Multicoin Capital and Framework Ventures to Build Performant MEV Infrastructure For Solana

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

09.08 / 23:31

markets Ethereum Adoption Total value locked in DeFi dropped by 66%, but multiple metrics reflect steady growth

The aggregate total value locked (TVL) in the crypto market measures the amount of funds deposited in smart contracts and this figure declined from $160 billion in mid-April to the current $70 billion, which is the lowest level since March 2021. While this 66% contraction is worrying, a great deal of data suggests that the decentralized finance (DeFi) sector is resilient.

14.07 / 17:59

Blockchain Ethereum Binance Scams BNB Chain launches DApp platform with 'Red Alarm' to warn users about scams

BNB Chain has launched a new platform, DappBay, to discover new Web3 projects. DappBay is equipped with a novel feature called Red Alarm, which assesses project risk levels in real-time and alerts users of potentially risky decentralized applications (DApps), according to a Thursday announcement.

12.07 / 23:59

business Funding Venture Capital DAO Multicoin Capital raises $430M for new crypto startup fund

Prominent crypto investor Multicoin Capital has launched a new venture fund valued at $430 million, further demonstrating venture capital’s growing interest in the blockchain economy amid the bear market.

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