Auradine, a U.S.-based firm in energy-efficient blockchain and artificial intelligence (AI) infrastructure, has raised $153 million in a Series C funding round …
raises
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Markets
Bitcoin Rally Short-Circuited as Fed Chair Powell Raises Stagflation Fear
by shayaanby shayaanA modest bitcoin rally to a possible challenge of the $86,000 level quickly reversed during U.S. afternoon trading hours on Wednesday as …
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Finance
MIT-Incubated Optimum Raises $11M Seed Round to Build Web3’s Missing Memory Layer
by shayaanby shayaanOptimum, a decentralized, performance-enhancing memory layer for any blockchain, raised an $11 million seed round, inviting its creators from institutions like Harvard …
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Meanwhile, a startup offering life insurance and annuities denominated in bitcoin (BTC), raised $40 million in series A funding round, CEO Zac …
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Ripple’s longstanding battle with the U.S. Securities and Exchange Commission (SEC) seemingly came to a long-awaited end in March after the company …
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Cap, a yield-bearing stablecoin protocol, shared Monday that it has raised $11 million in funding from big-name financial institutions including Franklin Templeton …
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Markets
Crypto-to-Fiat App P2P.me Raises $2M from Multicoin and Coinbase Ventures
by shayaanby shayaanBitcoin’s original promise of “peer-to-peer electronic cash” hasn’t exactly developed in the way Satoshi intended. More people than ever are eager to …
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Adoption
BlackRock’s Global Allocation Fund raises Bitcoin exposure by 1,810% over 12 months
by shayaanby shayaanBlackRock’s Global Allocation Fund increased its exposure to Bitcoin (BTC) through its spot exchange-traded fund, iShares Bitcoin Trust (IBIT), by roughly 1,810% since …
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Artificial intelligence-focused firm CoreWeave raised $1.5 billion for its initial public offering (IPO), valuing the company at roughly $23 billion, Bloomberg reported …
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Rain, a global card issuing platform that uses stablecoins, has secured $24.5 million in funding led by Norwest Venture Partners. Additional participants …