Crypto Super PACs Secure Major Victories in 3 US State Primaries
After supporting two losing candidates in Arizona primaries on July 30, the crypto-backed Fairshake PAC and its affiliates could win up to four new congressional races. Three primary races in Missouri and Michigan have already been called by news outlets, possibly influenced by funds from the Fairshake Super political action committee (PAC) or its affiliates, with a […]
Nycrypto Labs Secures $800k to Launch Tidus
With the goal of reducing bridging risks, this software will be the first multi-chain, multi-layer, non-custodial wallet to provide in-app lending, borrowing, trading, and staking. The blockchain development hub Nycrypto Labs, which aims to accelerate the Web2 to Web3 transition, has revealed that it has successfully raised $800,000 in pre-seed funding. The release of Tidus […]
Hut 8 Secures $150M Funding to Build AI Infrastructure
Hut8, a significant player in bitcoin mining, revealed that Coatue had provided $150 million in strategic capital to help it become a “leader in the AI infrastructure market.” Hut 8, a Miami-based Bitcoin mining company, revealed on Monday that it had raised $150 million to improve its artificial intelligence (AI) data center capabilities. The money […]
Pantera Capital Reportedly Seeks $1B for New Crypto Fund
According to reports, digital asset investment manager Pantera Capital seeks to raise over $1 billion in crypto funds to provide investors access to blockchain-based assets. A little departure from its current Liquid Token Fund, Early Stage Token Fund, Bitcoin Fund, and Venture Funds, which provide a more focused investing emphasis, the Pantera Fund V is […]
Puffer Finance Raises $18M in Series A Funding
Eigenlayer-based liquid staking project Puffer Finance has raised $18 million in Series A funding to launch its mainnet. The announcement on April 16 stated that Brevan Howard Digital and Electric Capital led the funding round, with significant contributions from Coinbase Ventures, Kraken Ventures, Lemniscap, Franklin Templeton, Fidelity, Mechanism, Lightspeed Faction, Consensys, Animoca, GSR, and additional […]