Bitpanda Pro rebrands to One Trading, raises €30m Series A
Digital asset exchange Bitpanda Pro has raised €30 million in a Series A funding round and is rebranding as One Trading. Valar Ventures, co-founded by entrepreneur Peter Thiel, led the funding round. One Trading, now a separate entity from Bitpanda Pro, aims to cater to institutional and professional traders in the cryptocurrency market. The investment […]
Foresight VC Firm Donates $10M for Web3 Accelerator Program
Foresight Ventures, a Singaporean venture capital (VC) firm, announced it would contribute an additional $10 million to its Foresight X Accelerator program, increasing its total commitment to $20 million. The move coincides with the opening of the second phase of accelerator applications, focusing on Web3 projects utilizing artificial intelligence (AI), zero-knowledge (ZK), machine learning, Bitcoin, […]
Swiss Bank Syz Launches Crypto Fund With CMCC
In association with the venture capital firm CMCC Global in Hong Kong, Syz Group is launching a $50 million fund. The fund will invest in cryptocurrency-focused hedge funds when it launches on July 1. Bank interest in bitcoin (BTC), cryptocurrencies, and web3 has increased globally despite the devastating crypto winter. The most recent development is […]
Aleph Zero launches $50M blockchain funding program
On April 18, Aleph Zero announced it is launching a $50 million funding program for its layer-1 privacy-enhancing blockchain, which seeks to assist developer teams in building on its platform and advancing blockchain adoption worldwide. Antoni Zolciak, the co-founder of Aleph Zero, stated in an interview that “the goal of the Aleph Zero Ecosystem Funding […]
Russia unveils mutual Fund for financing Crypto mining operations
A Russian business has revealed a new fund that will be used to subsidize cryptocurrency mining operations in the country. Finam management, a Russian investment management company, has introduced a new fund designed to finance cryptocurrency mining operations in the nation, according to Kommersant. Only approved investors with a minimum investment of 300,00 rubles (about […]