Injective raises $40 million to build finance-focused blockchain
Injective, a company that has built and deployed a purpose-built blockchain for finance, said today that it has raised $40 million in new funding. The move...
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Pinata raised $21.5 million to optimize NFT distribution for Web3 creators
Pinata, a non-functional token content delivery network, said today that it has raised $21.5 million in funding to build an ultra-fast, reliable platform to deliver the...
Offchain Labs launches Arbitrum Nova blockchain for gaming and social media
Offchain Labs, the developer of the Ethereum scaling solution Arbitrum, today announced the launch of a new blockchain named Nova designed for Web3 games and social...
Meta expands NFT functions on Instagram internationally
Meta Platforms Inc. announced today that it is expanding non-fungible token features on its Instagram social media platform internationally to over 100 countries across Africa, Asia-Pacific,...
AI-powered NFT counterfeit detector MarqVision costs $20 million
MarqVision Inc., the developer of an artificial intelligence-powered platform for detecting counterfeit non-fungible tokens and physical goods, announced today that it has raised $20 million in...
Crypto fund Variant raises $450 million to invest in DeFi and Web3 projects
Crypto markets are down, dampening the industry, but that’s not stopping venture capital firm Variant, which announced Thursday that it has raised $450 million in two...
Center raises $11 million to build NFT search index
Nonfungible token tool company Center announced today that it raised $11 million in a seed round led by Thrive Capital and Founders Fund to build a...
Blockchain.com lays off 25% of its workforce due to crypto market downturn
Cryptocurrency exchange Blockchain.com Inc. is laying off 25% of its employees, citing poor market conditions and the need to cut expenses after financial losses. The news...
Blockchain startup Blockdaemon acquires digital asset security company Sepior
Blockchain infrastructure provider Blockdaemon announced today that it has acquired Sepior, a company that secures digital assets such as cryptocurrencies using cryptographic key management solutions. Blockdaemon...
Zebedee raises $35 million to power blockchain payments in virtual worlds and games
Zebedee Inc. said today it has raised $35 million in new funding led by Kingsway Capital to expand its bitcoin-powered payments ecosystem for developers to add...