Digital payments firm Paytm saw its stock decline markedly after a shareholder offloaded 19.20 million shares.
According to a blog post by the firm, Quasar will use the majority part of the fund for product development.
Venom Ventures Fund (VVF) has announced a $20 million funding investment in Nümi Metaverse, a universal platform for creators, innovators, and followers, as its first Web3 backing.
Although 2022 witnessed a major crash in crypto fundraises, it was still higher in comparison to 2018, 2019, and 2020. Market analysts expect VC investments in crypto to resume by the summer of 2023.
Morgan Stanley warned that the value of GBTC may drop ‘precipitously’ to zero due to regulatory changes, a crisis of confidence, a flaw, or an operational issue in the Bitcoin network.
Animoca Brands was impacted by the FTX collapse as about a dozen of its outfits had significant exposure to the bankrupt firm.
The leading investor is Andreessen Horowitz, a private American venture capital firm that invests in seed, start-ups, early, mid-stage, growth, and late-stage. Earlier, a16z already invested in SpaceX, along with such companies as Founders Fund, Sequoia, Gigafund, and others.
Many investors on Wall Street are increasingly becoming bullish about the crypto ecosystem and the technology powering the different digital assets.
The likelihood that Berkshire Hathaway is going to invest in Binance is considered very slim as Binance is reportedly under the radar of authorities in the United States.
A few weeks after leaving Mythical Games, the Trio launched their new publishing platform for Blockchain games called the Fenix Games. They also claimed to have raised capital from Cypher and Phoenix Group for their new venture.
Tata’s BigBasket platform does not rule out an IPO in three years but currently looks to expand local reach.
With the conclusion of its latest funding, Toss plans to grow further its suite of services, including Toss Bank and Toss Securities.
Elon Musk has been facing financial challenges since closing the $44 billion Twitter acquisition deal. The latest action taken by the billionaire was selling 20 million Tesla shares.
When Blocknative completed the other part of the Series A investment in 2021, the CEO revealed plans to expand the team.
After the unprecedented downfall of FTX last month, Amber guaranteed its clients that it had no exposure to FTX’s token FTT or Alameda Research. But it did not acknowledge possessing ten percent of its trading capital invested in the exchange.