Court Documents Shows Coinbase, Apple, And Netflix As FTX Creditors
The FTX debacle has unveiled another exciting twist to the crypto exchange's bankruptcy issue, with some notable companies emerging as…
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Web3 Credential Platform, Gateway Secures $4.2M in Seed Funding
The digital asset ecosystem has made a solid start to the new year following the turbulence of the previous year…
DCG Fiasco: Genesis Global Files for Bankruptcy Protection
Digital Currency Group's Genesis Global, one of the largest digital currency trading platforms in the world, has filed for bankruptcy…
Media startup Semafor Repurchasing Sam Bankman-Fried’s $10 Million Stake
Media firm Semafor revealed plans to buy back the $10 million stake attributed to the FTX chief executive Sam Bankman-Fried.…
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Africa’s Web3 Game Developer Secures $27M Funding
Carry1st, an African Web3 gaming startup, has completed a $27 million funding round backed by venture capitalists Andreessen Horowitz, Bitkraft…
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HashKey Capital Third Funding Round Nets US$500 Million to Build Web3
HashKey Capital finalized its third funding round, as revealed in a January 17 statement. The Singaporean firm that operates as…
Silvergate’s Interaction With Crypto Firms Pays Off as Seen With the Surge In Its 2022 Report
Silvergate Capital, a bullish crypto supportive bank, recently released its financial report for the fourth quarter of 2022, revealing positive…
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Ethereum-based Obol Labs Nets $12.5M in Build Decentralize Validators
A recent funding round led by Archetype and Pantera capital enabled Ethereum-startup Obol Labs to garner $12.5 million. The startup…
Web3 Entertainment Developer, Sortium Nets $7.75 Million in Seed Round
Sortium announced completing a successful fundraising round for the seed capital. The developer for Web3-oriented technology in entertainment attracted several…
Scaramucci Skybridge Capital to Repurchase Firm’s Shares From FTX
Skybridge Capital, a hedge fund founded by Anthony Scaramucci, announced plans to buy back shares sold to now insolvent cryptocurrency…
Wyre Resumes Withdrawal Following Fresh Funding
The San Francisco-headquartered crypto payments firm resumed withdrawals days after capping the outbound transactions at 90%. Wyre confirmed that receipt…
UAE Investor Groups Establish Billion-Dollar Fund For Web3 Development
The United Arab Emirates (UAE) has seen a growing interest in web3 technology and its potential to revolutionize various industries. …
Report Reveals Crypto Investors’ Investment Plans For 2023
SoFi, a San Francisco-based online finance bank, has released a report on how investors intend to manage their investments in…
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Total Crypto Fund Raised In 2022 Drops By $16 Billion Compared To 2021
In comparison to 2021, 2022 saw a significant decrease in the amount of funds raised. This saw a 40% decline…
Ferrari Terminates Sponsorship Contract With Velas Blockchain
Automobile manufacturer Ferrari suffers a loss of more than $50 million after terminating a contract with Velas blockchain. The source…
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Justin Sun Counters Withdrawals by Moving $100M in Stablecoins to Huobi Exchange
The scrutiny of the Huobi exchange by blockchain data analytic firm Nansen revealed a huge inflow of stablecoins. The detailed…