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WalletConnect Pulls $11M in Venture Capital Funding

WalletConnect Pulls $11M in Venture Capital Funding

Digital Currency infrastructure services provider, WalletConnect has raised the sum of $11 million in a Series A funding round from venture capital investors.

Alexis Ohanian bought 50000 ETH

Alexis Ohanian bought 50000 ETH

Ohanian founded 776 Venture Capital using his early ETH and Coinbase investments.

Solana (SOL) Foundation Entrusts Hackathons and Accelerator Programs to Colosseum

Solana (SOL) Foundation Entrusts Hackathons and Accelerator Programs to Colosseum

The Solana Foundation is transferring management of its hackathons and accelerator programs to Colosseum, aiming to enhance the Solana ecosystem with substantial funding and developer support.

Former Sequoia Partner Michelle Fradin, Involved in FTX Investment, Joins OpenAI

Former Sequoia Partner Michelle Fradin, Involved in FTX Investment, Joins OpenAI

Michelle Fradin, former Sequoia Capital executive, joins OpenAI to lead data efforts, specializing in venture capital and AI, focusing on FTX investment and large language model integration.

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.

Cake DeFi Floats $100M Venture Fund for Web3.0

Cake DeFi Floats $100M Venture Fund for Web3.0

Cake DeFi, a Singapore-based decentralized finance investment platform, has launched its new $100 million venture capital arm.

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.

Venture capital firm Andreessen Horowitz voted against a Uniswap proposal

Venture capital firm Andreessen Horowitz voted against a Uniswap proposal

Andreessen Horowitz (a16z) opposed a final plan to instal Uniswap V3 on the BNB Chain utilising the Wormhole bridge.

Women in Payments CEO: Less than 5% of VCs Invest in Women-Led FinTech Companies

Women in Payments CEO: Less than 5% of VCs Invest in Women-Led FinTech Companies

With a background in engineering, Kristy Duncan, the CEO of Women in Payments started her career in banking and then into the payments industry. Duncan has then been fascinated with the payments market, and is a “payments geek at heart.” She started Women in Payments in 2012, Looking to add value in a different way, to connect, inspire, and champion women who are working in the payments industry globally.

Multicoin Capital's Vision for 2024: Embracing AI, Crypto, and Web3 Innovations

Multicoin Capital's Vision for 2024: Embracing AI, Crypto, and Web3 Innovations

Multicoin Capital's 2024 outlook highlights the transformative role of AI, stablecoins, and innovative token distribution in the crypto and blockchain landscape. The firm foresees significant advancements in remittances, social applications, and various sectors integrating crypto as a foundational element.

Bank of England halts Silicon Valley Bank UK branch operations

Bank of England halts Silicon Valley Bank UK branch operations

The Bank of England has ordered the Silicon Valley Bank's UK branch to halt its operations as it has limited presence and no critical functions supporting the financial system. The bank will be placed into a Bank Insolvency Procedure, and eligible depositors will be paid out by the Financial Services Compensation Scheme up to the protected limit of £85,000, with the remaining assets and liabilities being managed by bank liquidators. UK venture capitalists and a nonprofit organization have expressed concern as several startups and investors have significant exposure to the SVB UK, including prominent blockchain VCs who have over $6 billion in assets at the bank.

DeFi Startup WOO Network Secures $30M in Oversubscribed Series A Round

DeFi Startup WOO Network Secures $30M in Oversubscribed Series A Round

Defi deep liquidity service provider WOO Network has successfully raised $30 million from investors.

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