Startups Financial News

12.03 / 04:53

regulation Venture Capital Bank of England Silicon Valley Startups Silicon Valley Bank's UK branch shut down by Bank of England

The Bank of England (BoE) has halted the operations of Silicon Valley Bank’s U.K. branch (SVB UK), stating that it has a “limited presence” and no “critical functions” supporting the financial system in the United Kingdom (UK).

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.

23.02 / 14:25

business Blockchain Technology Funding Startups Israeli startup to create blockchain chips with $70M of fresh funds

The adoption of blockchain technology is on the rise, with the majority of enterprises looking into the technology in some capacity. As blockchain becomes more pervasive, all types of users will need the most efficient access to the capabilities of this technology.

05.02 / 09:15

business Adoption Job Startups London London emerges as world’s most crypto-ready city for business — Research

Along with pro-crypto regulations, mainstream adoption of cryptocurrencies requires a supporting infrastructure that can allow the general public access and exposure to the ecosystem. When considering eight key indicators around taxes, ATMs, jobs and events in crypto, London stands at the top as the most crypto-ready city in the world for businesses and start-ups.

29.01 / 04:17

business Blockchain NFT Health Startups Medicine Yuga Labs Yuga Labs co-founder to take leave of absence due to health reasons

Nonfungible token (NFT) entrepreneur Wylie Aronow of Yuga Labs — the team behind Bored Ape Yacht Club (BAYC) and CryptoPunks — will be taking a leave of absence from the office to manage a host of heart failure symptoms.

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.

02.11 / 13:39

UPS Startups crypto startups New York-Based Investment Firm CoinFund Looking to Invest $250,000,000 in Crypto Startups

U.S. investment firm CoinFund has unveiled plans to sell unregistered securities worth a total of $250 million, securing funds for further investments in crypto startups, according to three filings the company made with the country’s Securities and Exchange Commission (SEC).

14.08 / 10:43

cryptocurrency Startups Bitcoin Remembering Rakesh Jhunjhunwala: Why the Big Bull was a bear when it came to startups, cryptocurrencies

Ace investor Rakesh Jhunjhunwala, who died aged 62 in Mumbai on August 14, was often called India’s Warren Buffet for the similarities in investing patterns he shared with the veteran American investor. And the similarities, or rather caution, extended to cryptocurrencies as well as cash-guzzling new-age startups.

23.03 / 22:21

Blockchain Adoption Chainlink Startups Chainlink launches startup program to provide blockchain resources to early-stage projects

Chainlink Labs recently announced a program that provides a blueprint to help new crypto projects in their blockchain business building journey.

12.03 / 02:27

business Citi banking Startups Citi’s digital asset co-heads resign with plans to create crypto startup

Alex Kriete, Co-Head of Digital Assets at Citi, announced his resignation from the banking giant after 11 years at the firm on March 10 via LinkedIn. He stated in his post that he intends to devote himself full-time to developing a new cryptocurrency company but provided no additional details at the time.

05.01 / 17:11

Blockchain Technology Internet of Things Startups boost Blockchain of Things platform plans to boost further adoption with startups competition

The advent of the internet led to a paradigm shift that has transformed nearly every aspect of society since then. This was compounded by the growing interconnectivity of an ever-increasing amount of WiFi-enabled devices known as the Internet of Things (IoT) that fostered the development of Web 2.0.

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