VC

Fenbushi Capital, a blockchain-centric venture capital (VC), appears to be cashing out after moving four tokens, including Aave (AAVE) and Compound (COMP), to Binance. The VC is moving these tokens to the exchange, possibly to sell and lock in their profits or cut losses when market participants expect prices to tick higher. Fenbushi Capital Cashing Out? Sends AAVE, UNI, SNT, and COMP Tokens To Binance After the series of lower lows after crypto prices peaked, mainly in Q1 2024, the…

The post VC firm a16z Launched Crypto Startup Accelerator Program 2024 appeared first on Coinpedia Fintech News The famous Venture Capitalist firm Andreessen Horowitz also known as a16z has announced the launch of its 2nd Crypto Startup Accelerator program(CSX) . The program is going to kick off this week in New York City and 21 selected crypto startups will be joining the cohort. For the next two months, these 21 startups will get direct lessons, learnings, guidance and support from…

San Francisco, United States, September 9th, 2024, Chainwire Innovative startup from Ethereum Core research, Google Brain, Stanford, MIT, and CMU aims to democratize on-device intelligence, empowering users with control over their personal AI, and receiving investment from a16z CSX, Hack VC, and investors from projects like Solana, Polygon, Near, Worldcoin, etc. PIN AI, a pioneering AI infrastructure company, announces $10 million in pre-seed funding to develop the world’s first open-source Personal Intelligence Network (PIN). A16z CSX, Hack VC, and notable…

Metaplanet has partnered with SBI VC Trade to enhance its Bitcoin custody services as part of its strategy to hedge against Yen volatility and expand its cryptocurrency reserves.  Metaplanet Announces Strategic Partnership Japanese asset manager Metaplanet has announced a strategic partnership with SBI VC Trade, the cryptocurrency exchange arm of Tokyo-based SBI Holdings, to bolster its Bitcoin custody services. This collaboration is part of Metaplanet's broader strategy to enhance its Bitcoin reserves as a hedge against the volatility of the…

Bitcoin Layer-2 (L2) solutions are attracting significant investment and gaining user attention. This growing traction suggests that the markets could be on the brink of a new narrative. With ongoing development and investment in Bitcoin L2 technologies, a new chapter in the Bitcoin story may unfold. Bitcoin Layer-2s Keep Gaining Traction According to recent report by Michael Novogratz’s Galaxy, Bitcoin Layer-2 projects collectively raised an impressive $94.6 million in the second quarter of 2024. This represents a substantial 174% increase…

Venture capital firm Paradigm has reportedly raised $850 million for its third fund, supporting early-stage cryptocurrency initiatives led by Coinbase co-founder Fred Ehrsam and ex-Sequoia Capital partner Matt Huang.  Increased Venture Capital Interest In The Industry Paradigm’s previous investments include prominent projects like decentralized exchange (DEX) Uniswap and Optimism, a scaling solution for the Ethereum blockchain.  According to Bloomberg, with the capital raised in the latest funding round, Paradigm aims to contribute to early-stage crypto work and plans to prioritize…

Bitcoin traders are upbeat, confident that bulls have more legs to push prices above $72,000 and all-time highs. While the excitement about what lies ahead is primarily due to the mass inflow into spot Bitcoin exchange-traded funds (ETFs), Charles Edwards, the founder of Capriole Investments, has picked out multiple factors capping the current uptrend to $100,000. Here’s Why Bitcoin Is Still Trading Below $100,000 In a post on X, Edwards said several factors combine to suppress gains. However, most relate…

Majuro, Marshall Islands, May 15th, 2024, Chainwire Multipool, a leading innovator in the blockchain and cryptocurrency industry, announces the close of its $650k VC investment round led by NxGen, and the announcement of its Fjord Foundry LBP on May 21st-23rd. In the past month, Multipool has brought together the best of the crypto investment scene and connected them with the next big thing, receiving an overwhelmingly positive response from the community. “We’re thrilled to have raised $650k from VC &…

[PRESS RELEASE – Hong Kong, Hong Kong, May 2nd, 2024] Morgan Stanley China COO joins blockchain-focused venture capital firm No Limit Holdings No Limit Holdings (“NLH”) is pleased to welcome Jeremy Huff as a partner and co-founder of NLH. Mr. Huff joins NLH from Morgan Stanley where he was Managing Director and Chief Operating Officer for China. “Jeremy brings deep experience across corporate law, intellectual property and asset management that is highly complementary to NLH’s strengths as native crypto investors,”…