investments | ForkLog

ForkLog 7 04.07.2022

Meitu posts $45.6m loss from impairment of cryptocurrency reserves (Bitcoin and Ethereum)

The Hong Kong-listed photo-editing software developer Meitu, for the six months ended, reported a $45.6 million loss from the revaluation of its cryptocurrency reserves.

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ForkLog 14 29.06.2022

PolySign attracted $53 million from Brevan Howard, Cowen Digital and GSR

PolySign, a cryptocurrency infrastructure company, attracted $53 million in a Series C financing round.

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ForkLog 16 23.06.2022

Prime Trust raises $107 million to expand crypto custody business

Prime Trust, a provider of fintech and digital-asset infrastructure, raised $107 million in a Series B round.

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ForkLog 10 15.06.2022

Merit Circle DAO terminates investment contract with Yield Guild Games

Participants in Merit Circle DAO approved a proposal to cancel the SAFT, entered into with the GameFi guild Yield Guild Games (YGG). The DAO will buy out the latter’s stake for 1.75 million USDC.

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ForkLog 18 06.06.2022

Binance Labs Invested in PancakeSwap; CAKE Token Rises 10%

Binance's venture and incubation arm announced strategic investments in the PancakeSwap decentralized exchange on the BNB Chain network.

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ForkLog 12 04.06.2022

WAX Studios raises over $10 million from OKX Blockdream Ventures

WAX Studios, the team behind the blockchain Worldwide Asset eXchange (WAX), has raised more than $10 million from OKX's investment arm.

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ForkLog 17 24.05.2022

Muse frontman invests in Pebble, a crypto startup

The frontman of the British rock band Muse, Matthew Bellamy, has invested in Pebble, which has raised $6.2 million in seed funding.

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ForkLog 15 23.05.2022

Hyundai to invest $5 billion in autonomous transport and robotics

By 2025 Hyundai will invest $5 billion in the development of autonomous electric vehicles, robotics and artificial intelligence in the United States.

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ForkLog 28 19.05.2022

Blockchain firm Hashed loses $3.5bn in Terra collapse

The Terra collapse cost blockchain company Hashed $3.5 billion in losses, according to on-chain data. In the wake of the incident, Delphi Digital could also have lost up to 13% of its assets — the equivalent of the peak value of the LUNA tokens it held.

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ForkLog 13 19.05.2022

Pantera Capital cashed out around 80% of its Terra investments before the project’s collapse

The venture firm Pantera Capital cashed out around 80% of its Terra ecosystem investments with substantial profit before the project's collapse. The Block reported this, citing firm managers.

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ForkLog 23 18.05.2022

Alameda Leads Voyager Digital Financing Round of $60 Million

The cryptocurrency broker Voyager Digital attracted around $60 million in a private placement of common shares. The financing round was led by Alameda Research, Sam Bankman-Fried's firm.

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ForkLog 23 19.04.2022

Bloomberg: The Sandbox plans to raise $400 million at a $4 billion valuation

The Sandbox metaverse project is preparing to close a $400 million funding round, with a valuation for the platform potentially topping $4 billion, Bloomberg reports, citing its own sources.

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