VC Roundup: Investors double down on funding for crypto, blockchain startups

This edition of Cointelegraph’s VC roundup features Plural Energy, Everclear, Ava Protocol, GoPlus and other startups.

VC Roundup: Investors double down on funding for crypto, blockchain startups

Venture capitalists are increasingly raising capital to pour into blockchain-based startups. Over the past two weeks, Paradigm closed a third fund to invest $850 million in early-stage...

2 months ago

Ex-OpenAI chief scientist Ilya Sutskever launches SSI to focus on AI safety

The new company will develop AI safety and capabilities in tandem.

Ex-OpenAI chief scientist Ilya Sutskever launches SSI to focus on AI safety

Co-founder and former chief scientist of OpenAI, Ilya Sutskever, and former OpenAI engineer Daniel Levy have joined forces with Daniel Gross, an investor and former partner in startup accelerato...

2 months ago

North Dakota latest US state to revoke Binance.US license

North Dakota’s Department of Financial Institutions Commissioner pointed to Binance’s money transmitter and AML convictions to make its case.

North Dakota latest US state to revoke Binance.US license

North Dakota’s financial regulator has revoked a money transmitter license for Binance’s United States arm, Binance.US — making it the seventh state to do so. North D...

2 months ago

Nomura crypto arm Laser Digital bags Abu Dhabi license

The firm chose to expand into Abu Dhabi due to the innovation-friendly crypto regulations.

Nomura crypto arm Laser Digital bags Abu Dhabi license

Nomura’s cryptocurrency arm, Laser Digital, has received a broker license in the Abu Dhabi region for both traditional and digital assets. The Financial Services Regulatory Autho...

2 months ago

Oil land buyer LandBridge makes a nod to crypto miners in $320M IPO

LandBridge has a huge amount of land in the middle of America’s oil country, but it also says it can make big money off crypto miners.

Oil land buyer LandBridge makes a nod to crypto miners in $320M IPO

LandBridge, a United States firm that acquires large swaths of land for oil and gas production, says it intends to court crypto miners as part of its future strategy — amid the launch of i...

2 months ago

Institutional DeFi players will bring commercial real estate onchain: KPMG exec

DeFi activity from institutions would be more “permissioned” as market participants will want to know who they’re dealing with, KPMG’s Kunal Bhasin said.

Institutional DeFi players will bring commercial real estate onchain: KPMG exec

Institutional investors will buy blockchain-tokenized shares of high-value commercial real estate when more opportunities come, says Kunal Bhasin, a digital asset co-lead at KPMG Canada. ...

2 months ago

APhone introduces DApp store combining Web2 and Web3 apps

The alternative DApp store wants to offer features for Web3 enthusiasts while focusing on due diligence when listing apps.

APhone introduces DApp store combining Web2 and Web3 apps

The relationship between app distribution platforms and developers has been a topic of conflict for several reasons, including excessive sales fees and competition restrictions that limit develo...

2 months ago

Bridging local experiences with global reach: How blockchain can help

Blockchain and Web3 reimagine the travel industry by unifying different stakeholders on the same, decentralized communication platform.

Bridging local experiences with global reach: How blockchain can help

Imagine a private surf school in Bali seamlessly connecting with major airlines and travel agencies worldwide, offering its services to a global audience with just a few clicks. This is not a fu...

2 months ago

Tether launches gold-backed, US dollar stablecoin Alloy

The new synthetic dollar is the first step in the rollout of a real-world asset tokenization platform, said Tether.

Tether launches gold-backed, US dollar stablecoin Alloy

Tether is introducing a gold-backed stablecoin pegged to the U.S. dollar. It is the first tethered asset, the issuer declared. The new coin is called Alloy (aUSDT) and is mintable on the new All...

2 months ago

Coinbase International announces support for pre-launch market

Users will be able to trade futures of soon-to-be-listed tokens and coins on the exchange.

Coinbase International announces support for pre-launch market

Coinbase International is following in the footsteps of centralized exchanges such as Binance, Bybit, Bitget and OKX in creating a launchpad for up-and-coming crypto projects.  &l...

2 months ago

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