Startups | ForkLog

ForkLog 14 30.01.2024

Bitcoin-Based DEX Portal Secures $34 Million with Coinbase Participation

The decentralized exchange Portal, built on the Bitcoin blockchain, has concluded a seed funding round, raising $34 million, according to The Block. The startup received backing from Coinbase Ventures, Arrington Capital, OKX Ventures, and Gate.io. The funding was structured as a combination of a simple agreement for future equity and convertible bonds. Portal is a […]

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ForkLog 10 30.01.2024

Neuralink Successfully Implants First Brain Chip in Human

Elon Musk’s startup Neuralink has successfully implanted a brain chip in its first human volunteer, as the billionaire announced on X. The first human received an implant from @Neuralink yesterday and is recovering well. Initial results show promising neuron spike detection. — Elon Musk (@elonmusk) January 29, 2024 According to Musk, the procedure revealed “promising” […]

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ForkLog 9 11.01.2024

Gender Disparities in Blockchain Funding Highlighted by Bitget

Blockchain startups led by women receive only 6% of total funding, according to research by cryptocurrency exchange Bitget, shared with ForkLog. The analysis covered the period from 2022 to the first three quarters of 2023, incorporating both qualitative and quantitative data. During this time, the funds raised by blockchain startups decreased by 70.1% per quarter. […]

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ForkLog 11 02.11.2023

Coinbase-backed Qredo trims staff by half

The crypto-custody infrastructure provider Qredo, facing difficult finances, has cut 50% of its staff, The Block reports, citing sources.

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ForkLog 25 20.10.2023

Regulated to oblivion. Blockchain startup LBRY shuts down after SEC battle

The developer of the decentralized media platform Odysee — the startup LBRY — announced it would cease operations, citing “multi-million-dollar debts.” Users drew comparisons with Ripple.

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ForkLog 6 10.10.2023

Chewed up and spat out: How startups survive the venture winter

Despite Bitcoin's strengthening position, investment activity in the industry fell to record lows in 2023. ForkLog examined the situation with the head of a venture fund and the founder of a young project.

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ForkLog 21 02.10.2023

Mistral AI unveils open-source language model Mistral 7B

The Paris-based startup Mistral AI developed a large open-source language model, Mistral 7B. It is positioned as a more powerful rival to major players such as OpenAI's ChatGPT.

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ForkLog 16 19.09.2023

A16z alumni Web3 startup Bastion closes $25 million seed round

Web3 company Bastion, founded by former a16z crypto executives, closed a $25 million seed round.

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ForkLog 48 05.09.2023

Cronos Labs launches new phase of a $100m acceleration programme

Cronos Labs, the Cronos ecosystem development organization, initiated the third cohort of the acceleration programme worth $100m.

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ForkLog 6 22.08.2023

Web3 tyre service for flying saucers: how to launch a startup without scaring off investors

Experts interviewed by ForkLog and MarsDAO explain how to tell when your startup has reached a stage where presenting it to investors is no longer embarrassing.

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ForkLog 11 21.08.2023

Friend.Tech’s daily transaction fees rise to $1.4 million

On August 21, daily transaction fees in the Web3 social network Friend.Tech rose to $1.4 million, ranking third behind Ethereum and Lido.

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ForkLog 8 27.07.2023

EthStorage raises $7 million in seed funding at a $100 million valuation

A Layer-2 Ethereum storage startup EthStorage raised $7 million in seed funding, valuing the company at $100 million.

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