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Gate.io to Launch Crypto Exchange in Hong Kong Following Government's $6.4M Investment in Web3

Gate.io to Launch Crypto Exchange in Hong Kong Following Government's $6.4M Investment in Web3

Hong Kong's current budget allocates millions to the Web3 and crypto industries to "keep up with the times," allowing Gate.io to establish a local presence.

Strike Secures $80m in Funding to Propel Instant Bitcoin Payments

Strike Secures $80m in Funding to Propel Instant Bitcoin Payments

Strike raised $80 million in funding to revamp BTC payments for top financial institutions, marketplaces, and merchants.

Injective Launches $150 Million Ecosystem

Injective Launches $150 Million Ecosystem

Injective, a layer-1 blockchain technology, is funding Cosmos network developers with $150 million. Pantera Capital, Kraken Ventures, Jump Crypto, and Gate Labs support the fund.

Nigerian Crypto Startup Lazerpay to Shut Down Operations

Nigerian Crypto Startup Lazerpay to Shut Down Operations

Lazerpay, a Nigerian crypto and Web3 company, announced its shutdown due to a lack of funding. Founder Emmanuel Njoku emphasized the impact Lazerpay had in the crypto ecosystem and recommended users withdraw their funds by April 30. The company is also inviting offers to purchase its intellectual property.

CharacterX Raises $2.8M for AI-DrivenAI Social Networking, Led by Lightspeed

CharacterX Raises $2.8M for AI-DrivenAI Social Networking, Led by Lightspeed

CharacterX, a Stanford-initiated decentralized AI social network, secures $2.8M funding, blending AGI and blockchain to innovate social interactions, with significant user growth and technological advancements.

Chainsafe Raises $18.75m to Advance Adoption & Sustainable Growth in Web 3

Chainsafe Raises $18.75m to Advance Adoption & Sustainable Growth in Web 3

Canadian-based Blockchain research and development firm Chainsafe has raised $18.75 million in oversubscribed Series A funding backed by prominent industry venture firms.

Nordic Neobank Lunar Raises $77M Funding Round, Launching Crypto Trading Platform

Nordic Neobank Lunar Raises $77M Funding Round, Launching Crypto Trading Platform

Lunar strives to offer more convenient, empathic and engaging banking alternative services to both private and business customers.

CoinFund on Hunt for Raising $250 Million

CoinFund on Hunt for Raising $250 Million

New-York based web3 investment firm CoinFund is on the hunt to raise $250 million just three months after its previous fund. It plans to use the investment to fund seed-stage startups.

Venture Capital Firms Almost Quadruple Previous High by Pumping $30B into the Crypto Industry in 2021

Venture Capital Firms Almost Quadruple Previous High by Pumping $30B into the Crypto Industry in 2021

Venture capital firms kept a keen eye on the crypto industry to the extent of pouring $30 billion in this sector in 2021.

Magic Eden Pulls $27m in Series A Funding Round

Magic Eden Pulls $27m in Series A Funding Round

Solana-based NFT marketplace Magic Eden has pulled the sum of $27 million in a Series A funding round.

Crypto Recruitment Firm Inflection Points Raises $12.6m in Funding Round

Crypto Recruitment Firm Inflection Points Raises $12.6m in Funding Round

Inflection Points, which was co-founded by long-time Bitcoin bull Anthony Pompliano, has raised $12.6 million to expand its crypto recruitment platform.

Magic Eden Floats New Venture Unit to Double Down on Web3 Gaming

Magic Eden Floats New Venture Unit to Double Down on Web3 Gaming

Magic Eden has announced the establishment of its own venture outfit dubbed Magic Ventures with a focus on bootstrapping Web3.0 gaming protocols.

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