FTX crypto exchange valued at $18bn after the largest funding round in crypto history
Crypto derivatives exchange FTX has completed a series B fundraising round of $900m that values the company at $18bn.
Over half of crypto experts believe bitcoin will replace fiat money by 2050
A recent survey has found that over half of the experts who took part believe bitcoin will become more dominant than money issued by central banks in less than 30 years.
Terraform Labs bags $150m in funding from major crypto players for DeFi Ecosystem Fund
Terraform Labs, the South Korean company behind the Terra public blockchain, has raised $150m from major crypto investors including Arrington XRP Capital, Pantera Capital, Galaxy Digital and BlockTower Capital.
Why Revolut and the CyberTech industry stand out from the 42 funding rounds raised...
FinTech companies continue to rake in millions of dollars with a slew of startups graduating to the unicorn club. The 42 ventures in the sector that topped up their accounts last week are proof of that.
Andreessen Horowitz leads $9m round for Solana’s Phantom wallet to develop its multichain feature
Phantom, a crypto wallet and browser extension for accessing decentralized finance (DeFi) applications, has raised $9m in a Series A funding round led by Andreessen Horowitz (A16z).
Zerion inks $8.2m in a Series A led by Mosaic Ventures to make DeFi...
Ethereum-based DeFi aggregator Zerion raised $8.2m in a Series A funding round led by Mosaic Ventures which also featured participation from Placeholder, Digital Currency Group, and Blockchain.com Ventures, among others.
The 29 FinTech rounds raised last week prove that crypto firms and InsurTechs will...
The FinTech space continues to grow with no sign of slowing down and the 29 rounds raised week prove that, with cryptocurrency companies and InsurTechs being the leading sub-sectors.
Russian central bank to initiate digital ruble pilot
The central bank of Russia has revealed it is planning to begin a pilot test for a digital ruble with 12 of the country’s top banks.
SoftBank invests $200m in Brazil’s largest crypto exchange Mercado Bitcoin
Mercado Bitcoin, the largest bitcoin exchange in Brazil, raised $200m in a Series B round from the SoftBank Latin America Fund.
MAS partners with IMF, World Bank to launch global challenge for digital currency solutions
The Monetary Authority of Singapore (MAS) introduced a global challenge for retail Central Bank Digital Currency (CBDC) solutions.
