Tag: Million

Unicef Receives $2.5 Million in Crypto for Ukraine From Binance Charity Foundation – Bitcoin News

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Binance Charity is donating $2.5 million worth of cryptocurrency to support the humanitarian efforts of Unicef in Ukraine. The announcement comes as the ongoing military clash with the invading Russian forces is putting more and more children at risk. Unicef to Fund Activities in Ukraine With Donated Cryptocurrency The Binance Charity Foundation has announced a donation of $2.5 million in cryptocurrency for the United Nations Children’s Fund (Unicef). The money will be used to finance the organization’s efforts in Ukraine amid escalating hostilities with Russia that threaten a growing number…

Bain Capital Ventures Unveils $560 Million Crypto Fund for Blockchain-Focused Tech Startups

Bain Capital Ventures, the venture arm of the 37-year-old private equity firm Bain Capital, announced on Tuesday that it has launched a $560 million fund focused exclusively on cryptocurrency-related efforts. Stefan Cohen, a managing partner at Bain Capital, talked about the development and said: “We’ve become quite high conviction we are at the beginning of a multi-decade technology shift. We really needed a dedicated team and a dedicated fund structure. That’s really what lead to the addition of Bain Capital Crypto.” Bain Ventures is looking to use the fund to…

Griffin Gaming Partners Launches $750 Million Gaming and Web3 Fund – Bitcoin News

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Griffin Gaming Partners, a venture capital firm specializing in gaming-related investments, has revealed the launch of its second gaming-related fund. The fund, which was reportedly oversubscribed, managed to raise $750 million to support gaming initiatives, including Web3-based and blockchain endeavors. Griffin Gaming Partners has now amassed more than $1 billion AUM. Griffin Gaming Partners Raises Sizable Gaming-Related Fund Griffin Gaming Partners has announced the launch of its second gaming-related fund, which will focus on investing in seed and growth rounds of companies dedicated to building blockchain-powered or traditional…

Leading News Outlets In Ukraine Aim To Secure $1 Million By Selling NFTs

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Three news organizations in Ukraine have partnered with an NFT platform to sell access to exclusive content in order to continue reporting throughout their country’s ongoing war. Multiple reports indicate that the news organizations — Ukrainska Pravda, Hromadske, and Novoye Vremya — are collaborating with NFT platform Vault to secure $1 million via digital items. Approximately 10,000 NFT keys will be sold to assist the news groups in their current attempts to provide coverage of the Russian attack to Eastern European and English-language audiences. Ukraine News Groups Becoming Popular The prominence of…

Fundraising Platform Says It Raised and Distributed 2 Million USDT to Ukrainians – News Bitcoin News

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A new fundraising platform whose objective is to help to raise funds for Ukrainians and the Ukraine military recently claimed to have raised 2 million of the stablecoin tether. Some of the donated crypto assets have been sent to the Ukrainian army and to a humanitarian fund that finances volunteers. Ukraine’s Crypto Donations Whitepay, a fundraising platform that seeks to assist Ukrainian civilians and the country’s military forces, recently said it had raised 2 million USDT. According to a tweet posted by the fund on March 6, some of the…

Immutable Raises $200 Million in Temasek-Led Series C, NFT Startup Now Valued at $2.5 Billion – Finance Bitcoin News

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Following the startup’s partnership with Gamestop, the Sydney-based blockchain firm Immutable announced it raised $200 million in a Series C financing round led by Temasek. The company is now valued at $2.5 billion and Immutable plans to use the funds to scale the startup’s gaming studio. Immutable Raises $200 Million, NFT Startup Aims to Bolster Gaming Studio On Monday, the blockchain company Immutable revealed it raised $200 million from investors in a Series C funding round. The financing was led by Temasek alongside other participants including Tencent, Animoca Brands, Mirae…

24 Exchange Secures $7 Million, Eyes to Expand Offerings

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Dmitri Galinov’s over-the-counter (OTC) platform, 24 Exchange, announced on Monday that the platform has closed a fresh funding round, raising $7.025 million. Big names like Morgan Creek Digital, Aspire Financial and Blackwells Capital LLC led the funding round and several other individual investors also participated. The latest funding came after the company raised $14.25 million last August in a Point72 Ventures-led round. The Bermuda-based company detailed that the fresh proceeds will be utilized to expand its offerings, primarily by adding cryptocurrencies and  equities  Equities Equities can be characterized as stocks…

NFT Infrastructure Provider Rarify Gets $10 Million Investment in Series A Funding Round Led by Pantera Capital – Bitcoin News

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Rarify, a startup that helps third parties include NFT elements in their tech platforms, has raised $10 million in its Series A funding round. The round was led by Pantera Capital, a leading cryptocurrency-based venture capital firm. The company has now reached a reported valuation of $100 billion amidst the rise in popularity NFTs are experiencing in different fields including gaming and metaverse applications. Rarify Raises $10 Million, Plans Expansion Rarify, a company that deals with producing infrastructure for third parties to integrate NFT services, has raised $10…

French Exchange LordToken Sets To Go Live Following A US$15.7 Million Fundraising

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LordToken, the french exchange powered by Binance Cloud has successfully completed its initial funding round, raising US$15.7 million in several rounds of token sales. This sets the stone rolling in preparation for the grand launch of the LordToken exchange. François Denis the co-founder of LordToken made a key remark to expressed his optimism towards the conclusion of the fundraising and the upcoming launch of the platform: “This is an exciting time for us and everyone who believes in the LordToken mission; our fundraising drew more significant interest than we had…

South African Crypto Exchange Valr Raises $50 Million in Series B Funding Round – Exchanges Bitcoin News

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South African cryptocurrency exchange Valr announced recently that it has raised $50 million in a Series B round led by Pantera Capital. The capital raise means Valr is now valued at a reported $240 million. Funds Raised to Finance Valr’s Expansion Into Other Markets The South African cryptocurrency exchange, Valr, recently announced that it raised $50 million in a Series B funding round. The round was led by Pantera Capital, while Alameda Research, Cadenza, CMT Digital, Coinbase Ventures, Distributed Global, GSR and Third Prime also took part. According to a…