Funding | Crypto Profit Bot

Crypto brokerage FalconX raises $150M at $8B valuation

June 22, 2022

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FalconX is the latest cryptocurrency firm to secure millions of dollars in fresh funding despite the cryptocurrency markets experiencing a major decline. 49 Total views 2 Total shares Despite the ongoing bearish trend in cryptocurrency markets, venture capital firms continue pouring capital into major industry players like FalconX. FalconX, the institutional-level digital asset platform and […]

Crypto Biz: Stablecoins are paving the way for mass adoption of crypto, June 2–8

June 10, 2022

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Checkout.com, FTX, PayPal and Crypto.com headline the latest business news from the world of cryptocurrency and blockchain. 853 Total views 26 Total shares Stablecoins are a controversial subject in crypto. Questioning the legitimacy and backing of Tether (USDT) is a right of passage for many entering the crypto market for the first time. The meltdown […]

Indonesia-licensed crypto asset platform Pintu raises $113M in Series B

June 7, 2022

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The latest $113 million fund injection will be redirected to scale the platform’s existing offerings, such as introducing new features and added support for blockchains. 1033 Total views 18 Total shares Indonesian crypto asset platform Pintu announced the closure of a $113 million Series B funding round with participation by four prominent investors: Pantera Capital, […]

Polkadot parachains spike after the launch of a $250M aUSD stablecoin fund

May 25, 2022

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Crypto prices have been exploring new lows for weeks and currently it’s unclear what it will take to reverse the trend. Despite the downtrend, cryptocurrencies within the Polkadot (DOT) ecosystem began to rally on May 24 and have managed to maintain gains ranging from 10% to 25%, a possible sign that certain sub-sectors of the […]

WeWork founder reinvents himself with $70M crypto carbon credit platform

May 25, 2022

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Three years after being ousted as CEO of WeWork, Adam Neumann has jumped on the crypto bandwagon, raising $70 million in the first major funding round for his climate tech venture Flowcarbon. The project aims to make carbon trading more accessible by putting carbon credits on the blockchain. Neumann is an Israeli-American businessman and investor […]

How to incorporate a DAO and issue tokens to be ready to raise money from VCs

May 21, 2022

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What is a DAO? A DAO, or decentralized autonomous organization, is an online-based organization that exists and operates with no single leader or governing body. DAOs are run by code written on a blockchain like Ethereum (ETH) and are owned and operated by the people who use them. There are many different types of DAOs, […]

Aurora launches $90M fund to finance DeFi apps on Near Protocol

May 13, 2022

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Aurora, an EVM scaling mechanism on the Near protocol, has launched a $90 million token fund in partnership with Proximity Labs to attract new developers. 1367 Total views 27 Total shares Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (DApps) built on the Near protocol, has launched a token fund worth $90 […]

Any dip buyers left? Bulls are largely absent as the total crypto market cap drops to $1.65T

May 6, 2022

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The total crypto market capitalization has been trading within a descending channel for 24 days and the $1.65 trillion support was retested on May 6. The drop to $1.65 trillion was followed by Bitcoin (BTC) reaching $35,550, its lowest price in 70 days. Total crypto market cap, USD billion. Source: TradingView In terms of performance, […]

GameFi News: Tilting Point partners with Polygon Studios and LootRush raises $12M

May 5, 2022

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SpongeBob and Warhammer mobile game scores Polygon partnership Free-to-play mobile games publisher Tilting Point has entered a multi-year partnership with Polygon Studios to launch 10 Web3 games over the next two years. Polygon Studios and Tilting Point plan to help native Web3 game developers scale their games alongside free-to-play developer partners, as well as studios […]

VC Roundup: Gaming, crypto fintech and blockchain infrastructure dominate venture capital rounds

April 30, 2022

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Cryptocurrency markets remain caught in a macro-based downtrend, with Bitcoin (BTC) and Ether (ETH) showing further signs of weakness at the end of April. But, venture capital activity in the crypto and blockchain sectors is the strongest it has ever been, offering further evidence that major investors are looking beyond immediate price action and ignoring […]

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