The Startup Coalition recently shone a national spotlight on this incredible economic opportunity in Web3 and crypto. They estimate it could contribute a jaw-dropping £40 billion to the strength of the UK’s economy! The organization has been working to create models that encourage the responsible development of Web3 technology and...
To its credit, the Federal Reserve has modernized its guidelines. This ongoing shift is expected to increase banking access for cryptocurrency-related companies and other industries previously viewed as posing a “reputational risk.” This move follows widespread alarm that Operation Chokepoint 2.0 was discriminating against entire industries within the United States.Industries...
Blueprint Finance, a New York City-based crypto startup, raised $9.5 million in a funding round led by Polychain Capital. Owner and founder Nic Roberts-Huntley started the company in 2023. This new development aims to make decentralized finance (deFi) more accessible to crypto investors, allowing them to earn high returns on...
Orus, a Paris insurtech, offers personalized insurance for independent workers and SMBs. They have reason to celebrate… They just announced a successful €25 million Series B funding round! The funding will support Orus’s international development, starting with Spain. It will introduce a new broker platform focused on modernizing the SMB...
Meta has been actively pursuing acquisitions in the artificial intelligence sector, approaching multiple startups this year, including Runway, Perplexity AI, and Safe Superintelligence. These attempts are separate from Meta’s massive $14.3 billion bet on Scale AI in June. The conglomerate demonstrated particular interest in Runway, known for its hit AI...
Mira Murati, the ex chief technology officer of OpenAI has founded her own artificial intelligence company, Thinking Machine. She’s already raised an incredible $2 billion in investments to jumpstart her bold new efforts. As the Financial Times first reported, this latest round values the company at a whopping $10 billion....
Mango Network has released the tokenomics of its forthcoming native token, MGO. In conjunction with this news, they announced an impressive airdrop program to take it nationwide! MGO token supply is limited to 10 billion tokens in total. Through this allocation, they hope to advance the long-term health and growth...
Palmer Luckey, founder of Anduril Industries, has allied with Joe Lonsdale, co-founder of Palantir Technologies. Collectively, they have put money into a startup that supports banking for the crypto-curious. The joint venture seeks to provide stability to entrepreneurs in Silicon Valley and beyond while assisting tech entrepreneurs to scale their...
Stackup, an operational infrastructure fintech for crypto businesses, has closed $4.2 million in a pre-seed funding round. This funding will allow Stackup to remove operational friction, scale to more supported blockchains, and empower more businesses to get back to building.1kx also participated in the round. Major investments were made by...
Alchemy Pay is expanding its regulatory reach in the US. The company recently announced that it won no. 9 Money Transmitter License in Arizona, an important move in its strategic expansion plan.Alchemy Pay continues to take the lead on regulatory progress. It has recently announced plans to launch Alchemy Chain,...
