Asset management firm Arca has announced Wednesday the closure of a $10 million Series A round of funding led by RRE Ventures. Read more: Arca Labs Launches Ethereum-Based SEC-Registered…
Tag: million
Bitcoin Miner Marathon to Raise $250M in Direct Stock Offering
The Las Vegas company has agreed to a direct offering of 12.5 million shares of common stock at $20 per share. Read original at
Bitcoin Miners Saw 33% Revenue Increase in December – CoinDesk
Bitcoin miners generated an estimated $692 million in revenue in December, up 33% from November, according to on-chain data from Coin Metrics analyzed by CoinDesk. Extending November’s own 48%…
Coin DCX Has Made a Lot of Money Since the Beginning of the Year | Live Bitcoin News
Cryptocurrency exchange Coin DCX has managed to put away roughly $20 million since the start of the pandemic. The company recently completed a Series B funding round in which…
Who Insures the Insurer? Cover Protocol Attack Exposes DeFi’s Promise and Peril – CoinDesk
Monday’s $4 million attack on the Cover Protocol, a decentralized insurance service, sent my mind to that classic nursery rhyme, “There Was an Old Lady Who Swallowed a Fly.”…
Lending Platform Vauld Raises $2M to Grow Into a Full Crypto Bank – CoinDesk
Singapore-based lending platform Vauld raised $2 million, led by Pantera Capital, to grow into a full crypto bank. Other investors include Coinbase Ventures, LuneX Ventures and individual investors including…
Bitcoin Mining Company Riot Blockchain Passes $1B in Market Cap
Riot’s value was less than $50 million when it started mining bitcoin three years ago. Read original at
Bitwise Liquidates XRP Position in Crypto Index Fund Following SEC Suit Against Ripple – CoinDesk
Crypto money manager Bitwise has liquidated $9.3 million worth of XRP in its crypto index fund. The firm acted shortly after the U.S. Securities and Exchange Commission (SEC) sued…
Cere Network Raises $1.5M More to Bring Its ‘Decentralized Salesforce’ to Polkadot – CoinDesk
Binance-backed Cere Network has raised another $1.5 million to become a decentralized version of Salesforce. The firm will build its customer relationship management (CRM) tools on the Polkadot network,…
Chainalysis Sees Raising $100M in Venture Capital at $1B Valuation: Report – CoinDesk
Cryptocurrency investigation firm Chainalysis expects to raise $100 million venture capital at a $1 billion valuation as early as next week, the company told Forbes. The Series C is…