Bitfinity’s Bitcoin Scaling Network Valued at $130 Million
The blockchain project Bitfinity, which is developing a second-layer Bitcoin network based on Internet Computer, has raised $7 million in funding, reports The Block.News and analysis on venture investments in the cryptocurrency market.
Bitfinity’s Bitcoin Scaling Network Valued at $130 Million
The blockchain project Bitfinity, which is developing a second-layer Bitcoin network based on Internet Computer, has raised $7 million in funding, reports The Block.
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. […]
European Crypto Custodian Finoa Secures $15 Million in Funding
Germany-based licensed staking and custodial service provider Finoa, focusing on institutional clients, has concluded a strategic funding round, raising $15 million. The startup’s valuation remains at $100 million, according to The Block. The funding round was led by Maven 11 and Balderton, with participation from Blue Bay Ventures, Signature Ventures, Coparion, and Venture Stars. The […]
AI-Related Projects Attract $298 Million in 2023, Reports Binance Research
Funding for AI-related Web3 projects reached $298 million in 2023, surpassing the total for the previous seven years ($148.5 million), according to analysts at Binance Research. In the United States, amid a decline in venture investments in the industry, the share of the AI sector increased by 230%, reaching approximately 26%. Funding for artificial intelligence […]
Venture-capital investments in the crypto industry fell by 68% in 2023
In 2023, venture capitalists invested $10.7 billion in blockchain startups, down 68% from the previous year (USD 33.3 billion).
Media: OpenAI in Talks for New Funding at a $100 Billion Valuation
OpenAI is in talks for a new funding round, with the AI company's valuation expected to reach $100 billion or more.
Anthropic in talks to raise $750 million
AI startup Anthropic is in talks to raise $750 million to continue development of its chatbot.
Unblock raises $15m for flare-gas mining
Mining company Unblock Global raised more than $15m from Crusoe Energy, Pampa Energia and Petrocuyo.
Bitget Invests in Morph, an L2 Scaling Solution
The cryptocurrency exchange Bitget invested several million dollars in Morph, an L2 scaling solution. The information is in a press release.
a16z and Founders Fund lead Dynamic Labs’ $13.5 million Series A round
Dynamic Labs, a Web3 platform for authentication and authorization, closed its Series A funding round of $13.5 million. The round was led by a16z and Founders Fund.We use cookies to improve the quality of our service.
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