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VCs: Unlikely Heroes of Crypto Fundraising? Expert Says Current System Is Flawed, Better Models Exist

A founder of the Web3 product studio argues that venture capital (VC) participation in token launch events has filled the gap left by the decline of initial coin offerings as…

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Space and Time Secures $20 Million in Series A Funding to Enhance AI and Blockchain

Space and Time (SxT) Labs has announced the completion of a $20 million Series A funding round, led by Framework Ventures and supported by several prominent investors. SxT Labs disclosed…

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20 Crypto Startups Raise $141.3 Million in Less Than 2 Weeks 

In the first 12 days of Aug., $141.3 million has flowed into crypto, defi, and blockchain ventures, according to recent metrics. Morpho, a decentralized lending developer, accounted for roughly 35.38%…

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Hamster Kombat Rejected Numerous Venture Capital Investments; Players Will Not Become ‘Exit Liquidity’

Hamster Kombat, the popular tap-to-earn sensation, revealed having rejected several investment proposals from some of the biggest venture capital firms in the crypto industry. The team behind the game declared…

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Solana Token’s Rally Reflects Protocol’s Potential, Says Web3 Advocate

The seemingly fundamentals-defying surge of Solana’s native token, SOL, may reflect the project’s potential rather than its current technical performance, according to Chris Zhu, the CEO of Sonic. To support…

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Africa’s Blockchain Funding Drops to 1.3% in 2023, Deal Share Rises – Report

In 2023, Africa’s share of global blockchain venture deals rose marginally to 1.3%, but the continent’s total funding dropped from 1.6% to 1.3%. Only South America’s share of blockchain funding…

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Pixelverse Raises $2 Million, Totals $7.5 Million in Private Funding

Pixelverse, a Web3 gaming ecosystem, has secured an additional $2 million in funding, bringing its total private round to $7.5 million. This funding was provided by several Web3 venture capital…

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$207 Million Invested in AI, Crypto and Blockchain Startups in 96 Hours

Based on data from the past four days, 14 distinct artificial intelligence (AI), cryptocurrency and blockchain startups and projects secured approximately $207.28 million in investor funding. The leading entity for…

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