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Crypto-AI startup Fraction AI raises $6 million in pre-seed funding

Fraction AI has raised $6 million in a pre-seed funding round co-led by Spartan and Symbolic. The crypto-AI startup is focused on decentralizing data labeling.

theblock.co • 18/12/2024 - 18:28 PM

MegaETH developer raises $10 million in 3 minutes on Cobie's Echo

MegaLabs raised $10 million for its MegaETH blockchain in under three minutes on Echo, signaling strong demand for community-driven crypto funding and decentralization.

theblock.co • 13/12/2024 - 17:00 PM

Solana-based tokenization platform AgriDex raises $4 million in strategic funding

AgriDex, a Solana-based platform for agricultural commodity tokenization, raised $4M in funding. It aims to tokenize $4.5B in trade commitments and expand to new commodities.

theblock.co • 12/12/2024 - 18:03 PM

Crypto-AI startup Exabits reaches $150 million valuation with $15 million seed round

Exabits, a crypto-AI startup, raised $15 million to tokenize GPUs, aiming to decentralize computing and capitalize on AI's growth potential amidst industry skepticism.

theblock.co • 10/12/2024 - 17:41 PM

Former Binance exec and now VC launches ICO platform BuidlPad

Erick Zhang launches BuidlPad, a new ICO platform, addressing retail investor needs and improving transparency, following demand for alternatives to traditional venture capital models.

theblock.co • 05/12/2024 - 15:37 PM

DeFi.app raises $2 million seed round at $100 million token valuation

DeFi.app raises $2 million to simplify decentralized finance trading, aiming for community-focused token sales and a launch in 2024.

theblock.co • 04/12/2024 - 18:31 PM

The Daily: Crypto prices plunge in South Korea as President declares martial law, XRP Ledger reduces account reserve to 1 XRP and more

Crypto markets react to South Korea's martial law; XRP reserve cut; BlackRock ETF hits BTC milestone; Coinbase CEO criticizes law firms hiring SEC staff; Pump.fun revenues soar.

theblock.co • 03/12/2024 - 19:28 PM

Crypto-AI startup GAIB raises $5 million in pre-seed funding

GAIB, a crypto-AI startup, raised $5 million to tokenize GPUs, opening AI computing access and launching soon across multiple blockchains, aiming to democratize the GPU economy.

theblock.co • 03/12/2024 - 17:00 PM

The Funding: Why ICOs are being revived

This is an excerpt from the 16th edition of The Funding sent to our subscribers on Dec. 1. The Funding is a fortnightly newsletter written by Yogita Khatri, The Block’s longest-serving editorial member. To subscribe to the free newsletter, click here.

theblock.co • 01/12/2024 - 16:01 PM

The Daily: Hyperliquid set for HYPE token launch, MARA purchases $615 million in bitcoin and more

Decentralized perpetual trading platform and Layer 1 chain Hyperliquid is set to launch its HYPE token on Friday during a genesis event at 2:30 a.m. ET. Bitcoin miner MARA has acquired another 6,474 BTC, valued at around $615 million, boosting its total holdings to 34,794 BTC worth $3.3 billion — the largest of all public miners. Defunct centralized crypto lender Celsius is distributing $127 million in cash or cryptocurrency to creditors in its second bankruptcy payout. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 28/11/2024 - 15:16 PM

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