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Jack Dorsey and Elon Musk Raise Concerns Over Web3 as Skepticism About Ownership Grows
Former Twitter CEO Jack Dorsey has ignited a debate about web3 after Tesla CEO Elon Musk criticized it. Dorsey warned of the risks from centralization, emphasizing that web3 is owned…
Blockchain Analytics Firm Nansen Raises $75 Million in Funding Led by Accel
The blockchain analytics platform Nansen raised $75 million via a Series B funding round led by the venture capital firm Accel. The investment will aim to expand the former’s global…
Katie Haun Leaves Andreessen Horowitz to Form Her Own Crypto Fund
Katie Haun – a General Partner at Andreessen Horowitz (known as a16z) and one of the leaders of the company’s digital asset arm – revealed that she will leave the…
KKR leads $350M raise for crypto custody bank Anchorage Digital
The raise marks the first time investment giant KKR directly invests in a cryptocurrency firm.
Privacy Startup Nym Raises $13 Million in Third Funding Round Led by a16z
European privacy-focused startup, Nym Technologies, has recently raised $13 million from industry investors in its third investment round. a16z and Others Invest In Nym According to an official press release…
Report: Leading NFT Marketplace Opensea Presented With $10 Billion Valuation, Investors Are ‘Clamoring’
On November 17, a report disclosed that the leading non-fungible token (NFT) marketplace, Opensea, is “fielding new investment offers” according to two unknown sources familiar with the matter. The investment…
Coinbase Co-founder-led Paradigm Announces $2.5B Bombshell Venture Fund
The crypto and blockchain space seems to be thriving. In fact, this vertical has fetched the largest valuation step-up this year. Naturally, VC firm Paradigm has also ramped up its…
Mythical Games announces $150M raise as the company expands into NFTs
The game developer’s total valuation is now $1.25 Billion, following a successful raise.
Rally founders launch crypto venture studio backed by a16z partner
The new studio, SuperLayer, aims to commercialize Web 3 products. It has already received commitments from notable investors, including Marc Andreessen.