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“# BSC’s Impossible Finance raises $7M for multi-chain DeFi incubator ” Impossible Finance, a Defi protocol built on Binance Smart Chain, has completed a $7 million seed funding round backed by over 125 institutional and angel investors — with the funds going towards the development of a multi chain DeFi incubator. The seed round was…
“# Mike Novogratz-backed firm announces $100M crypto investment fund ” Cryptology Asset Group, a Malta-based investment outfit co-founded by serial entrepreneurs Mike Novogratz and Christian Angermayer, is set to offer support for crypto VC firms. In a release issued on Thursday, the European holding company announced plans to float a $100 million investment in first-time…
“# Polygon and AU21 Capital unveil $21M fund to support Polygon developers ” Polygon ecosystem is getting a major funding boost thanks to a new joint venture fund with blockchain venture capitalist AU21 Capital, setting the stage for wider adoption of the Ethereum-compatible infrastructure platform. The $21 million Polygon Ecosystem Fund announced Wednesday is designed…
“# VC firm Borderless Capital floats $25M blockchain fund in Miami ” Borderless Capital’s support for Algorand-based development has taken another incremental turn with the venture capital firm launching a new $25 million fund in Miami. In an announcement on Wednesday, the investment firm stated that the $25 million fund will focus on supporting blockchain…
“# BitMEX and Human Rights Foundation provide $150K grant to Bitcoin scaling researcher ” Popular crypto derivatives exchange BitMEX has announced a $150,000 grant for Calvin Kim — a Korean-based Bitcoin scaling researcher. The grant comprises the second instance in which BitMEX has backed Kim’s research, with the exchange donating $30,000 to Kim in August…
“# Coinbase leads $6M funding for Indonesian crypto exchange ” Pintu, an Indonesia-based cryptocurrency exchange focusing on first-time crypto users, has raised $6 million to support its mission to drive industry adoption. The company announced Tuesday that it has completed a Series A funding round led by major global crypto investors including Pantera Capital, Coinbase…
“# $223M fund for Internet Computer builders — but community is wary ” Zurich-based Dfinity Foundation has announced a fund worth CHF 200 million, or around $223 million, to support development on the Internet Computer — a blockchain-based decentralized network with wildly ambitious plans to one day “replace” much of the internet. The non-profit scientific…
“# Delphi Digital forms $5 million NFT investment ‘syndicate’ ” Delphi Digital, a multi-service cryptocurrency investment, consulting, and research firm, has announced today the launch of “Delphi INFINFT,” a new investment wing focused on NFTs and the NFT ecosystem. Per a post of Twitter, the fund will invest upwards of $5 million into “NFT marketplaces,…
“# Blockchain sector drives female participation through funding and education ” While it’s encouraging to see that the number of female crypto investors is on the rise, women participation within the blockchain technology sector remains low. This was recently confirmed in a report from the World Economic Forum, which found that the COVID-19 pandemic has…
“# Bitrue floats $50M cryptocurrency investment fund ” Bitrue crypto exchange has announced a $50-million investment fund geared toward supporting cryptocurrency and blockchain startups. According to a recent announcement, the investment fund will target crypto projects working on use cases with the potential to advance the development of the emerging blockchain ecosystem. Of the $50-million…