Dragonfly Capital eyes $500M for fourth crypto fund
Dragonfly’s new crypto fund will target early-stage projects in the crypto space. Over 100 digital-asset startups are part of the firm’s portfolio. Go to Source
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Rumpel Labs to launch platform for tokenizing airdrop points
The protocol seeks to address longstanding limitations of airdrops. Go to Source
Andrena Raises $18 Million to Develop Solana-Based Depin Broadband Protocol Dawn
Andrena, a U.S.-based internet service provider, has announced the completion of an $18 million extended Series A funding round led by Dragonfly Capital, with participation from CMT Digital, Castle Island Ventures, Wintermute Ventures, 6th Man Ventures, and Parafi. The funds will be used to develop Dawn, a Solana-based decentralized broadband distribution network. Andrena Raises $18 … Read more
Dragonfly Capital invests $10M in Bitget amid industry recovery
The exchange currently facilitates cryptocurrency derivatives trading with an open interest of $2.4 billion and has plans to expand its spot trading, launchpad and Bitget Earn products. Go to Source Powered by WPeMatico
Uncovering Terra’s Implosion — Terraform Labs’ Big Name Backers and ‘Zero Exposure’ Claims
Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% during the past 24 hours. Amid the market rout, the native Terra blockchain token LUNA has dropped to fresh new lows, slipping to $0.0156 per unit. Terra’s founder Do Kwon revealed a plan on Wednesday, but after … Read more
Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise
The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last August when Dune Analytics raised $8 million. With the Series A and B combined, the firm has been propelled to unicorn status with a post-money … Read more
Defi Portfolio Tracking Startup Debank Raises $25M From Sequoia China, Crypto.com, Circle
The decentralized finance (defi) portfolio tracking startup Debank raised $25 million from investors according to an announcement on Tuesday. Following the equity financing round, Debank says it has an overall valuation of around $200 million. Defi Dashboard Debank Raises $25 Million 2021 was a good year for venture capital (VC) entering the crypto and blockchain … Read more
Crypto Data Firm Dune Analytics Raises $8M — Series A Round Led by Union Square Ventures
The team behind the platform that allows users to track data on the Ethereum blockchain, Dune Analytics, announced the firm has raised $8 million from strategic investors like Union Square Ventures. Dune Analytics detailed the firm plans to leverage the new financing in order to hire more help and monitor other blockchains. Crypto Metrics Provider … Read more
New Venture Capital Fund Secures $100M to Invest in Crypto Startups
Dragonfly Capital Partners, a new crypto-focused venture capital firm, has announced the launch of its first $100 million fund dedicated to investments in crypto assets. Its investors include Okex, Bitmain and other well-known names in the industry. Also Read: Exchanges Roundup: Coinbase Volumes Hit 1-Year Low, UK Exchange to Fire Most Staff Meet Dragonfly Capital … Read more
Developers Unveil Two New Bitcoin Cash Full Node Clients Written in Go
The creators of the counterparty.cash protocol and Openbazaar developer Chris Pacia have announced two separate Bitcoin Cash full node clients written in the programming language Go (golang) — Gocoin-cash and Bchd (gcash). Also Read: BCH Roundup: Markets and Developments Leap Ahead This Week Gocoin-cash: A Full Bitcoin Cash Solution Written in Go Language The Bitcoin Cash network has a … Read more
