Num Finance Raises $1.5M, Will Expand Stablecoins in Latin America, Middle East
Decentralized finance (DeFi) protocol Num Finance has raised $1.5 million in a funding round and will expand its stablecoin offerings in Latin America and Middle East,...
Web3 Firm Artifact Labs Raises $3.25M From Blue Pool Capital, Animoca, Others
Artifact Labs, a Web3 company that works to preserve records of historical events on the blockchain, has closed a $3.25 million funding round.
The round...
Michael Saylor’s MicroStrategy Books a Much Smaller Bitcoin Impairment Charge
Michael Saylor's MicroStrategy (MSTR) booked a far smaller accounting writedown tied to its bitcoin (BTC) hoard last quarter versus the final three months of...
Crypto Wallet Giddy Raises $6.9M in Funding to Further Self-Custody Adoption
Crypto wallet startup Giddy has raised $6.9 million in new funding, bringing total investments to in the company to more than $15 million to...
Olympus DAO Votes to Buy More ETH for Treasury Backing OHM Token
Decentralized reserve crypto project Olympus will increase holdings of “volatile assets” such as ether (ETH) in the treasury backing its OHM token after member...
DeFi Hub Nibiru Chain Valued at $100M After $8.5M Seed Funding Round
Decentralized finance (DeFi) hub Nibiru Chain has closed an $8.5 million seed funding round at a $100 million valuation that was co-led by Tribe...
Staking Protocol EigenLayer Raises $50M Amid Crypto Winter
Staking protocol developer EigenLabs has raised $50 million in a Series A round led by Blockchain Capital. The funding comes as EigenLabs prepares to...
Silicon Valley Bank’s Former Parent Company Files for Bankruptcy
Silicon Valley Bank's former parent company, SVB Financial Group (SIVB), filed for Chapter 11 bankruptcy protection Friday in the U.S. Bankruptcy Court for the Southern District...
U.S. Lawmakers Met With Fed, FDIC to Discuss Collapse of Silicon Valley Bank: Source
U.S. lawmakers met with the Federal Reserve and Federal Deposit Insurance Corp. on Friday to discuss the collapse of Silicon Valley Bank (SVB).
Rep. Maxine...
Multicoin Capital’s Hedge Fund Lost 91.4% Last Year, Investor Letter Reveals
Multicoin Capital’s hedge fund lost 91.4% in 2022, according to a copy of the firm’s annual investor letter viewed by CoinDesk.
The letter attributed last...
