Startup News

Lemniscap, a seven-year-old firm that has backed multiple companies in the crypto blockchain space, is adding another startup to its portfolio.

Marginfi creator Edgar Pavlovsky announced his resignation from the protocol, citing his disagreement with the way “things have been done internally or externally.” In an X post on Apr. 11, Marginfi’s founder, Edgar Pavlovsky, revealed his decision to step away…

Anthony Pompliano teams up with ex-TechCrunch reporter to launch a new startup aimed at “helping blockchains better communicate with their developers.” American entrepreneur Anthony Pompliano announced a new venture in an X post on Apr. 9 aimed at addressing the…

Ethereum layer-2 blockchain LightLink secured $6.2m in funding during an extended seed round; total VC activity in Q1 clocked in around $1.1 billion across 180 crypto startups

The volume of venture investments in the crypto industry reached $2 billion in the first quarter of this year.

A new crypto startup Neoclassic Capital founded by former employees from Goldman Sachs, BlockTower raised funding from Marc Andreessen, Chris Dixon, and Jeff Vinik. A pair of alumni from banking giant Goldman Sachs, BlockTower Capital secured funding for their new…

Derivatives Monke also responded to the tweet, saying that Iyer was trying to blame them for ZigZag’s failure: "You are an envious loser."

Netherlands-based crypto derivatives exchange D2X has secured $10 million in a funding round led by Point72 Ventures to double down on its presence in Europe. Crypto derivatives exchange D2X has announced the successful closure of a $10 million Series A…

Layer-1 solution Nibiru Chain has announced the launch of its public mainnet, boasting 40,000 transactions per second. Nibiru Chain, a layer-1 blockchain network that previously raised $12 million from a pool of investors like Kraken Ventures, has launched its public…

New York City-headquartered blockchain startup Monad Labs is seeking $200 million to build the scalable smart contract distributed ledger. Monad Labs, a blockchain startup founded by former Jump Trading staff, is reportedly aiming to secure $200 million in funding and…

Among 80 tech startups analyzed, there is a ‘glaring gender imbalance,’ especially visible in the number of female founders, analysts at Hacken say. In a recent research study done by Hacken covering 80 crypto and tech startups, a noticeable gender…

Blockchain infrastructure startup Initia has secured $7.5 million in a funding co-led by Delphi Ventures and Hack VC. In an X thread on Feb. 27, Initia said it has raised $7.5 million in seed financing to work on its testnet,…

Crypto exchange Backpack established by ex-FTX, Alameda Research executives is now offering services to customers in several U.S. states. In an X thread on Feb. 21, crypto exchange Backpack announced it has started offering services to users from 11 U.S.…

Startup accelerator Y Combinator has included stablecoins as a separate category for funding requests. According to a “Requests for Startups” page, Y Combinator (YC) included stablecoins in its “requests for funding” page, signaling the growing interest in stablecoins in the…

An Australian court has sided with the Australian Securities and Investments Commission (ASIC) in a legal dispute involving the crypto startup Block Earner.

Blockchain insurance startup MediConCen raised $6.85 million in funding led by HSBC to improve the sector by ‘simplifying and speeding up the claims journey.’ In a blog announcement, the Hong Kong-headquartered startup said other investors, including G&M Capital, ParticleX, and…