Cointime

Cointime

Download App
iOS & Android

Crypto Evening Briefing: Cathie Wood's Ark Launches Private Crypto Fund, Raises $16.3 Million

Cointime Official

Top Stories

India’s ED Takes a $115.5 Million Dig at the Crypto Market

The Enforcement Directorate of India has taken a step to seize $115.5 million in the crypto sphere under the speculation of money laundering cases. A few crypto ventures may have been spooked, but the measure ensures that the interests of investors and crypto platforms are safe at every step.

Reuters Report That Any Bank Bidding for Signature “Must Give Up All Crypto Business”

The U.S. Federal Deposit Insurance Corp (FDIC) has started requesting bids from banks interested in acquiring failed lenders Silicon Valley Bank and Signature Bank — but whoever bids on Signature cannot have any ties to the crypto industry, according to Reuters.

Europol Cracks Down on Another Coin Mixer, Seizes $47M in Bitcoin

In an operation conducted by German and US authorities, and backed by the European Union Agency for Law Enforcement Cooperation (Europol), police seized four servers, about 1909.4 Bitcoins in a series of 55 transactions (nearly $47 million), and 7 TB of data from the crypto mixing service for its alleged involvement in money laundering activities.

OpenAI Partners With Payment Firm Stripe to Monetize ChatGPT

OpenAI will use Stripe Inc. to take payments and subscriptions for its artificial intelligence tools ChatGPT and Dall-E, which it’s trying to monetize after capturing the public imagination.

Tether's Stablecoin Market Cap Now Double USDC After SVB Chaos

Tether’s stablecoin market capitalization swelled to nearly $75 billion on Thursday morning, its highest level since May 2022, data from CoinGecko shows.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $24,835.01 USD, dropped by 0.58% in the last 24 hours;

ETH’s live price is $1,653.77 USD, dropped by 1.77% in the last 24 hours;

BNB’s live price is $310.81 USD, jumped by 0.14% in the last 24 hours;

XRP's live price is $0.3615 USD, dropped by 1.98% in the last 24 hours.

Fundraising News

Paradigm Funds Auditing DAO Code4rena With $6 Million Token Purchase

Crypto VC firm Paradigm is using a $6 million token purchase to fund Code4rena, a decentralized autonomous organization that creates incentives for independent auditors hunting for bugs.

Former Ledger Exec Jean-Michel Pailhon Aims To Raise $25 Million Fund for NFT Art

Former Ledger exec Jean-Michel Pailhon is raising an NFT art fund, hoping to secure up to $25 million from outside investors. Now, he's focused on setting up what he terms a "global digital art investment fund" that looks to bring primarily non-crypto native investors into digital art.

Soul Wallet Raised $3 Million in a Seed Funding Round

Soul Wallet just raised $3 million in a seed funding round to offer an online, self-custodial Ethereum wallet built on top of ERC-4337.

Chiliz Acquires 20% Stake in Matchwornshirt To Grow Its Global web3 Ecosystem

Chiliz, the sports blockchain, has announced a strategic investment in MatchWornShirt, (MWS), the home of match-worn and signed sporting memorabilia. Chiliz will receive a 20% stake as part of the investment.

Nuqtah Completes First Seed Funding Round Led by Animoca Brands

Nuqtah, the first NFT marketplace in Saudi Arabia, completed its first seed funding round. The round was led by Animoca Brands, with participation from Polygon and several local investors.

Hello Pets Launched a $6 Million Metaverse Fund and Purchased 10 BAYC NFTs

Hello Pets announced that they have bought 10 Bored Ape Yacht Club NFTs (BAYC #6966, BAYC #6280, BAYC #5245, BAYC #4421, BAYC #5914, BAYC #7350, BAYC #2045, BAYC #9538, BAYC #1522, BAYC #6933) as the first step of their newly established $6M fund to develop and strengthen their Metaverse ecosystem.

Cathie Wood's Ark Launches Private Crypto Fund, Raises $16.3 Million

Cathie Wood's Ark Investment has raised more than $16 million for two new private crypto funds as digital assets resume rally despite increasing regulatory pressure.

Cypher Capital Announced the Completion of a Six-Figure Investment Into Wallchain

Cypher Capital, a Dubai-based multi strategy venture capital firm announced the completion of a six-figure investment into Wallchain, a solution for businesses in the short term and individuals in the longer term that provides protection against unfair practices used by miners to extract value and capture arbitrage profits generated from DeFi transactions.

DAO NFT Chiliz Web3 Metaverse Cathie Wood Ark Invest India FDIC Signature Bank Money Laundering Tether Circle USDT
Comments

All Comments

Recommended for you

  • AI-driven crypto analytics platform Mind AI completes $1.2 million in funding, with participation from Lunar Labs Capital and others

    the AI-driven encryption analysis platform, Mind AI, has completed a $1.2 million financing round with participation from Castrum Istanbul, Dewhales, SMO Capital, Metazero Capital, X21 Digital, Zephyrus Capital, AlfaCatalyst, Maven Capital, Unicorn Ventures, and Lunar Labs Capital. The platform aims to solve problems such as information overload and unreliable KOL advice in the encryption industry. The new funds are intended to support the construction of AI and machine learning-based aggregation and analysis tools for on-chain and off-chain data, providing investors with feasible digital asset market analysis and decision-making.

  • Open source economic infrastructure Merit Systems completes $10 million seed round of financing, led by a16z crypto and others

    Merit Systems, an open-source economic infrastructure, has completed a seed round of financing of $10 million, led by a16z crypto and Blockchain Capital, with participation from Solana co-founder Toly, Not Boring Capital founder Packy McCormick, Farcaster co-founder Dan Romero, and Framework Ventures co-founder Vance Spencer. The funds raised will be used to accelerate the development of open-source economy.

  • AI code editor Cursor completes $105 million Series B financing

    On January 17th, AI code editor Cursor announced the completion of a $105 million Series B financing round, with investors including Thrive Capital, Andreessen Horowitz, and Benchmark. This round of funding will be used to expand the team and conduct cutting-edge research, promoting the development of "human-machine collaborative programming" mode and significantly improving programming efficiency.

  • MegaETH Ecosystem DEX Platform GTE Completes $10 Million Financing

    Global Token Exchange (GTE), a decentralized trading platform on the MegaETH blockchain, has raised $10 million in three rounds of financing. This includes $1.5 million in pre-seed financing, $6.942 million in seed financing, and $2.5 million in community financing, the latter of which was conducted on the Echo platform founded by cryptocurrency trader Jordan Fish (also known as Cobie).

  • Nomura-backed cryptocurrency firm Komainu raises $75 million

    Komainu Holdings Ltd., a cryptocurrency custody company supported by Nomura Holdings Inc., has raised $75 million in financing from Blockstream Capital Partners. This funding will be used to support Komainu's global expansion and integrate collateral management and tokenization technology developed by Blockstream.

  • Today's Fear and Greed Index rose to 75, and the level is still Greedy

    Today, the Fear and Greed Index rose to 75, and the level is still greedy. Note: The threshold of the Fear Index is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media heat (15%) + market research (15%) + Bitcoin's proportion in the entire market (10%) + Google hot word analysis (10%).

  • US PPI data will be released at 21:30 tonight

    investors are currently waiting for the Producer Price Index (PPI) report to be released at 21:30 tonight, as well as the US Consumer Price Index (CPI) data on Wednesday, to further understand the economic situation and the policy direction of the Federal Reserve in 2025. Walter, Chief Market Analyst at KCM Trade, said that if this week's inflation data is weak, the dollar may come under pressure and this could push up gold. Traders are currently betting that the Fed will not significantly ease monetary policy in 2025. In the context of a robust economy and labor market, policymakers need to see new progress in slowing inflation before they can continue to cut interest rates. However, at present, such progress is uncertain. (Jinshi)

  • Web3 data and AI company Validation Cloud completes $10 million in new round of financing

     Web3 data and AI company Validation Cloud announced a $10 million financing round from True Global Ventures. The company plans to use the funds to expand its AI products and achieve seamless access to Web3 data.

  • Coindesk ·

    Careers in Crypto: 5 Insights for 2024

    In an overwhelming job market, leaning into personal networks and connections are more important than ever. Emily Landon, CEO of The Crypto Recruiters, outlines what is happening in the crypto job market and how you can position yourself or your company in 2024.

    Careers in Crypto: 5 Insights for 2024

  • Cointime August 10th News Express

    1. The U.S. Internal Revenue Service has released a new draft of the crypto tax form, which no longer requires filling in wallet addresses and transaction IDs

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company