Entreprenuernewsnetwork

Binance Announces Former Deputy US Attorney as its First Deputy General Counsel

Binance, the global blockchain ecosystem behind the world’s largest cryptocurrency exchange, today announced the appointment of Joshua Eaton, former Deputy U.S. Attorney in the Northern District of California, as Deputy General Counsel. Eaton will lead the organization’s legal affairs, supporting global compliance, investigations, and law enforcement coordination activities. Eaton brings over 20 years of experience … Read more

CoinDCX launches venture investment arm CoinDCX Ventures

CoinDCX, an Indian crypto exchange, has announced the creation of CoinDCX Ventures, an investment effort that will fund early-stage crypto and blockchain firms, bolstering India’s digital asset ecosystem and speeding up the digital economy’s transformation. The initial fund is estimated to be worth Rs 100 crore, with funds coming entirely from the company’s financial sheet … Read more

KuCoin announces $100M fund for early-stage NFT creators

KuCoin, a cryptocurrency trading platform based in the Seychelles, has established a $100 million “Inventors Fund” intended towards early-stage NFT creators. This fund will be a complement to their recently announced NFT marketplace in conjunction with Windvane. KuCoin, which was founded in 2017, claims to have surpassed 10 million registered users by the end of … Read more

CoinDCX Secures $135 Million, Valuation Doubles To $2.15 Billion

CoinDCX, India’s most valuable crypto trading platform, has secured $135.9 million (about Rs 1,000 crore) from investors led by Pantera Capital and Steadview Capital, more than doubling its valuation to $2.15 billion in less than a year. The money comes as cryptocurrency exchanges in India are subjected to new taxation restrictions. Due to limited access … Read more

Web3 Startup EPNS Raises $10 Mn In Funding

The Ethereum Push Notification Service (EPNS), based in Mumbai and recognised for its web3 push notifications, has raised $10.1 million in Series A funding, valued at $131 million. Jump Crypto led the round, which included Tiger Global, Sino Global Capital, Polygon Studios, and Zee Prime Capital, as well as 25 additional investors. With this, EPNS … Read more

Naomi Osaka, World-Renowned Tennis Player and Activist, Becomes Global Ambassador and Shareholder of FTX

FTX Trading Limited, and West Realm Shires Inc., the companies behind FTX.US and FTX.COM respectively announced a long-term partnership with four-time Grand Slam singles champion, Naomi Osaka. In addition to becoming an FTX global ambassador, Osaka will receive an equity stake in FTX Trading Limited and will be receiving compensation in crypto. The four time Grand Slam … Read more

Binance Awarded Specialist License By Dubai’s Virtual Asset Regulatory Authority

Binance today announced that it has been granted a Virtual Asset License to enable it to operate within Dubai’s ‘test-adapt-scale’ virtual asset market model as a base for expansion into the region. Under the Virtual Asset Regulatory Authority (VARA) initial regulatory phase, which includes rigorous regulatory oversight and mandatory FATF compliance controls, Binance will be permitted to … Read more

Dexalot Raises $7M to Build Order Book DEX on Avalanche Led by Blizzard Fund

Dexalot, a new project building a decentralized order book exchange on Avalanche, has collected $7 million in funding led by Avalanche’s Blizzard Fund (“Blizzard”) and with participation from a number of Avalanche ecosystem players and DeFi investors. In addition to Blizzard, Avalanche ecosystem investors include Avalaunch, Colony, Benqi, AVentures, and Avascan. Other partners who joined … Read more

RtistiQ Set to Launch Digital NFTs of Raja Ravi Varma’s the Coquette and Reclining Nair Lady

RtistiQ will present the Digital NFT versions of Raja Ravi Varma’s (RRV) works The Coquette and Reclining Nair Lady, two of his most famous paintings. With the originals considered to be National Treasures and unable to be brought out of India, the NFT versions will be auctioned online on the RtistiQ platform from 17 February … Read more

Polygon raises $450M from Sequoia India, Galaxy, Tiger Global and SoftBank

Polygon (previously Matic Network), an Ethereum scaling project, has raised $450 million in its first major venture capital round, led by Sequoia Capital India, with participation from Tiger Global, SoftBank, Galaxy Digital, Republic Capital, Makers Fund, Alameda Research, Alan Howard, Alexis Ohanian, Steadview Capital, Elevation Capital, Animoca Brands, Spartan Fund, Dragonfly Capital, Variant Fund, and … Read more

Global crypto investing platform Mudrex raises $6.5M

Mudrex

Mudrex, a Y Combinator-backed crypto investing platform based in Bengaluru and San Francisco, revealed on Tuesday that it has raised $6.5 million in pre-Series A funding from Arkam Ventures, Tribe Capital, and Bolt by QED Investors. Mudrex, founded in 2018 by Edul, Alankar Saxena (CTO), Rohit Goyal (VP, DeFi), and Prince Arora (VP, Engineering), simplifies … Read more

Crypto investment startup Flint raises $5.1M In seed funding

Flint, a worldwide cryptocurrency investment tool, has secured $5.1 million in venture funding from Sequoia Capital India and GFC. Coinbase Ventures, Hashed, IOSG, Better Capital, Antler India, and MSA Capital were among the 11 institutional investors who participated in the round. The company, which was founded in October 2021, now provides a simple and steady … Read more

Terra Staking Platform Stader Labs Raises $12.5M

Three Arrows Capital funds a $12.5 million strategic fundraising round for Stader Labs. The most recent boost puts the company’s value at $450 million. Stader is a non-custodial, smart contract-based staking platform that helps retail and institutions simply identify and utilise staking solutions. It was founded in April 2021 by Amitej Gajjala, Sidhartha Doddipalli, and … Read more

Launch of India’s 1st exclusive NFT Marketplace for Meme’s launched by MemeChat

In a first-of-its-kind initiative to maximize the monetary potential of memes in the blockchain ecosystem, MemeChat, India’s top meme-creating platform known for viral memes, has launched The Meme Club – an NFT marketplace (TMC). The platform will provide meme creators, collectors, and other interested parties to buy and sell memes globally via NFT (non-fungible tokens). … Read more

Chingari’s social token- GARI’s first day trading volume crosses $100M across 12 major crypto exchanges

India’s first social crypto-token by the country’s leading short-video app went live on 12 crypto exchanges. Short Video app Chingari’s first-ever social token $GARI witnessed record-breaking 24 hours trading volume that crossed the $100M mark. On the day of its listing the desi crypto-token gain of Rs. 750 Crores across 12 major crypto exchanges. These … Read more

NFT marketplace Diginoor.io raises $1 million funding

Diginoor, an Indian NFT marketplace that launched with Rajinikanth movie NFTs, announced $1 million in its seed funding. The round saw participation from Contrary Capital, Polygon Fund, Sandeep Nailwal, Kunal Shah, Abdul Wahab Al-Halabi (MD at Embassy Capital), and others. Founded in 2021 by Chennai based teenage entrepreneurs- Shaamil Karim & Yash Rathod, Diginoor aims … Read more