The Graph, a startup that likens itself to Google, but for indexing information that lives on blockchains, has raised $50 million in a funding round that was led by Tiger Global Management.Blockwall Digital, Fenbushi Capital, FinTech Collective and Reciprocal Ventures also participated in the round, which was announced Thursday.A large amount of connective tissue is needed to … [Read more...] about The Graph, the 'Google of Blockchains,' Raises $50M in Round Led by Tiger Global
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Indian TikTok Rival Chingari Raises $15M Round Led by Republic Capital: Report
Chingari, an Indian short video platform akin to TikTok, has raised $15 million in a funding round led by Republic Capital, the private venture arm of investment firm Republic, according to a report by an Indian business news outlet.Crypto exchange OKEx also made a strategic investment in the company. Chingari's native token GARI will be listed on OKEx, the Economic Times … [Read more...] about Indian TikTok Rival Chingari Raises $15M Round Led by Republic Capital: Report
Proof of Learn Raises $15M in Round Led by New Enterprise Associates
New Enterprise Associates said it has been making numerous investments in the education and crypto sectors, including investing in online learning platforms Coursera, MasterClass, Everfi and DesireToLearn as well as in crypto exchange FTX, fintech MoonPay, NFT marketplace OpenSea and Royal. Source link … [Read more...] about Proof of Learn Raises $15M in Round Led by New Enterprise Associates
Olympus Tanks 30% Led by Liquidations on Fuse, Souring Market Sentiment
Olympus, like other DeFi projects, relies on smart contracts instead of intermediaries to provide financial services to users. Its goal is to create a stablecoin backed by crypto instead of fiat currencies like the U.S. dollar, which users can in turn stake for currently offered annualized returns of 7,800%. Source link … [Read more...] about Olympus Tanks 30% Led by Liquidations on Fuse, Souring Market Sentiment
DeFi Portfolio Tracking Firm DeBank Raises $25M in Round Led by Sequoia China
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.@2021 … [Read more...] about DeFi Portfolio Tracking Firm DeBank Raises $25M in Round Led by Sequoia China