CRYPTO STARTUP FUNDING
Mudrex launches commission-free product ‘Earn’ for 50 cryptocurrencies Mudrex launches 'Earn' for passive income on 50 coins, aiming for steady returns without fees. Edul Patel, CEO & co-founder of Mudrex, said the Earn product is already gaining traction, attracting over 5,000 users.
11 Jun, 2024, 07.37 PM ISTBitcoin rally and ‘short memories’ reignite everything in crypto Bitcoin's rally is reviving animal spirits in the financial world, with a surge in deal flow and investments. The crypto market sees a return of bull market hallmarks, including celebrity endorsements and new tokens creation at a rapid pace.
09 Jun, 2024, 09.48 AM ISTEthereum ETFs: Why it is a game-changer for mainstream crypto adoption Ethereum's pivotal role in propelling the mainstream adoption of crypto cannot be overstated. As the market undergoes continuous evolution, Ethereum stands as a cornerstone, guiding the industry toward unprecedented growth and innovation.
02 Jun, 2024, 01.55 PM IST- ADVERTISEMENT
Crypto 're-staking' platforms boom as traders chase bigger returns More than $18 billion worth of cryptocurrency has moved into a new type of platform which offers investors rewards in exchange for locking up their tokens, in a complex scheme that analysts warn poses a risk for users and the crypto market.
31 May, 2024, 08.08 PM ISTBluestone's unicorn round; Sorin’s Rs 1,350-crore fund Happy Wednesday! Omnichannel jewellery startup Bluestone is nearing unicorn status with a potential $100-million pre-IPO investment. More on this in today’s ETtech Morning Dispatch.
29 May, 2024, 07.24 AM ISTRecent Crypto funding surge set to transform the Altcoin market in 2024; 5 top Cryptos to watch Cryptocurrency startup funding surged by 40.3% to $2.4 billion in Q1 2024, while global venture capital investments hit a five-year low. Bitcoin price soared to $73,803 after BlackRock and Fidelity approved bitcoin spot ETFs.
23 May, 2024, 04.30 PM ISTVenture capital funding in crypto rises to $2.4 billion: PitchBook Funding was spread across 518 deals and rose by 40.3% from the previous quarter, according to data firm PitchBook. Global venture capital investments dropped to a near five-year low in the same period.
21 May, 2024, 03.52 PM ISTUnicorn sightings slump; Tata’s chip exports Happy Tuesday! Despite deal activity in late-stage startups showing signs of a revival, new unicorns aren’t being birthed. This and more in today’s edition of ETtech Morning Dispatch.
07 May, 2024, 07.18 AM ISTIndia’s crypto regulations can do with a HODL strategy As the global crypto asset market progresses, India finds itself at a pivotal juncture. There’s an opportunity to chart a course that delicately balances innovation in this nascent but super exciting sector, together with risk management, while dr...
04 May, 2024, 03.50 PM ISTForget Mumbai or Bengaluru, this city reigns as the cryptocurrency capital of India Notably, Delhi boasts of 25% of crypto investors, followed closely by Bengaluru with 16%. Mumbai (9%), Hyderabad (8.9%), Chennai (8%), Kolkata, Pune, Lucknow, and Ahmedabad also contribute significantly to the expanding presence of crypto enthusiast...
18 Apr, 2024, 12.46 PM ISTOpenAI removes Sam Altman's ownership of its Startup Fund OpenAI's VC fund altered governance, separating CEO Altman's ownership. Ian Hathaway now leads, managing investments and accelerator programs. Altman's role clarified post scrutiny on his external investment activities.
01 Apr, 2024, 09.58 PM ISTNorms for swappable e-bus batteries; Avanse, Subko raise funds The government is framing rules to enhance interoperability for batteries used in electric buses. This and more in today’s ETtech Top 5.
26 Mar, 2024, 07.25 PM ISTCryptoverse: AI tokens outpace record-breaking bitcoin Coins linked to AI-focused crypto projects have jumped alongside tech stocks like Nvidia, driven by insatiable investor appetite for applications like machine-learning. The rise of many AI crypto tokens has outpaced even that of bitcoin over the pas...
19 Mar, 2024, 05.20 PM ISTNew-age consumer brands pulling in funds, tech no bar; and other top stories this week At the peak of the funding winter last year, an investor told me that the pace of investment deals will continue to be slow, but the nature of companies grabbing new cash will be different. The next obvious question was: what kind of companies? Cons...
09 Mar, 2024, 07.57 AM ISTCore Foundation launches $5M innovation fund to boost India's Web3 ecosystem Core Foundation announced a $5 million Innovation Fund to advance India's dApp ecosystem on Core Chain. The fund aims to empower Web3 communities, merge Bitcoin's security with Ethereum's flexibility, and boost India's crypto economy. It includes bu...
08 Mar, 2024, 05.27 PM ISTETtech Deals Digest: Startup funding drops 59% to 12 deals this week According to data from Tracxn, February saw startups raise $516 million across 82 rounds, versus $551 million across 109 rounds in January.
01 Mar, 2024, 07.28 PM ISTBlockchain startup Avail raises $27 million in funding led by Peter Thiel's Founders Fund Blockchain start-up Avail raised $27 million in funding led by Peter Thiel's Founders Fund and Dragonfly Capital. The funds will be used for product development, hiring, and marketing. Franklin Templeton launched a blockchain mutual fund. Regulatory...
27 Feb, 2024, 11.14 AM ISTCrypto exchange FTX to sell shares in AI startup Anthropic FTX invested $500 million in Anthropic in 2021, and currently holds a 7.84% stake in the company, according to court documents. The company had sought permission to sell the shares as part of its court-supervised effort to liquidate its assets and r...
23 Feb, 2024, 09.43 AM ISTDirect tax: Budget expectations from startups, crypto industry Start-ups have experienced a funding winter lately. Tax benefits may provide a necessary fillip to the industry. The crypto industry has been highlighting the impact that the one percent withholding tax on crypto gains has had on diversion of user t...
31 Jan, 2024, 08.00 PM ISTSix crypto startups raise just $2.1 billion this year, down 80% from 2022 After raising more than $20 billion in funding rounds in 2021 and 2022, crypto startups are finding it difficult to get fresh capital these days, according to data presented by AltIndex.com.
20 Nov, 2023, 05.43 PM IST