Tag: Firm

Crypto Custody Firm BitGo Files $100M Lawsuit Against Galaxy Digital For Breaching Merger Agreement

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CryptoX employees, including editorial employees, may receive exposure to DCG equity…

Nigerian Blockchain Firm Bitmama Closes $2 Million Pre-Seed Funding Round

Bitmama, a blockchain startup based in Nigeria, announced that it has closed its pre-seed funding round at $2 million after it recently added $1.65 million to the $350,000 that it raised in October last year. Africa-focused venture capital firms Unicorn Growth Capital and Launch Africa led the investment in Bitmama. Other firms that also participated in the funding round include existing and new investors like Adaverse, Flori Ventures, Tekedia Capital, GreenHouse Capital, ODBA, Five35 Ventures, Chrysalis Capital, Enrich Africa, Thrive Africa, Angellist Ventures, as well as angel investors, such as…

Blockchain Gaming Publisher and Web3 Firm Animoca Brands Secures $110 Million – Finance Bitcoin News

Blockchain gaming publisher Animoca Brands announced the company has raised $110 million in a funding round led by Temasek, Boyu Capital, and GGV Capital. The company raised the funds by issuing convertible notes to a handful of institutional investors. Animoca Brands Raises $110 Million From Strategic Investors Animoca Brands has raised another $110 million this month after the company secured $100 million from Temasek and others, at the end of August. The latest capital raise, announced on September 8, explains that Temasek, Boyu Capital, and GGV Capital led the round,…

Payments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre – Bitcoin News

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California-based online payments company Bolt is pulling out of an agreement to buy crypto provider Wyre. The news of the scrapped deal, which was agreed to earlier this year, comes amid plunging valuations in the crypto and fintech sectors. Bolt Gives Up Plan for $1.5 Billion Wyre Acquisition Bolt Financial, a U.S. technology company headquartered in San Francisco, said Friday it had scrapped a deal to buy crypto infrastructure provider Wyre Payments, Reuters reported on Saturday. A definitive agreement to acquire Wyre for a reported $1.5 billion was announced by…

Firm Behind Ethereum Name Service and Virgil Griffith Sue GoDaddy Over Sale of Eth.link

The complaint, filed in the U.S. District Court for the District of Arizona, alleges that the registration was set to expire on July 26, 2023, but in August, GoDaddy falsely announced it had expired on July 26, 2022. According to the filing, GoDaddy had said the domain name would be available for purchase again on Sept. 5, 2022, but it had sold eth.link to a third party, crypto start-up Manifold Finance, on Sept. 3. Source

21Shares Parent Firm Becomes Switzerland’s Crypto Giant As Gets Valued At $2B

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The popularity of crypto sector is climbing higher daily. More companies are diving into the industry, given its high potential for making more profits than most conventional assets. These emerging firms notably impact the system by providing unique crypto-related products and services. For the success of most of their projects, some of these crypto service firms engage in fundraising. These processes have become one of the famous activities that occur in the crypto industry. Such rounds usually help them generate most of the required funds to facilitate their ongoing or…

Venture Capital Firm MetaWeb Raises $30M for Early-Stage Crypto Startups

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