API
Stands for Application Programming Interface, a software intermediary that helps two separate applications communicate with one another. They define methods of communication between various components.
Rated Labs Secures $12.888 Million in Series A Funding
Rated Labs, known for its Ethereum explorer and API services, has secured $12.888 million in Series A funding led by Archetype. The company plans to use the new capital to expand its services to multiple Layer 1 blockchain networks and enhance its existing product line.
EJF Capital Secures $104 Million for EJF Ventures Fund
EJF Capital LLC has closed its EJF Ventures Fund LP, raising $104 million. The fund focuses on investing in financial technology firms, including blockchain infrastructure, bank technology, and software for wealth management. EJF Ventures has invested in twelve early-stage companies in the US, UK, and Israel.
Recharge Capital Appoints Former Bridgewater Associates Singapore Executive, Margaret Wang, as Managing Partner
Recharge Capital has appointed Margaret Wang as its new Managing Partner, focusing on the Women's Health Strategy and operations in the APAC region. Wang has experience in senior leadership roles at global financial institutions and has previously led the Singapore office of Bridgewater Associates Singapore. She will also lead Rhea Holdings Co., a $200M women's healthcare-focused investment vehicle.
ConsenSys and Animoca Brands Investor C Capital Reaches New Heights with $250 Million Fund III
C Capital has closed its Private Equity Fund III, raising over $250 million in investments from its main fund and co-investment ventures. The fund has partnered with over 20 investors across various sectors and regions. C Capital plans to maintain its seasoned investment approach, focusing on global growth-stage entities in consumer and tech sectors. Notable portfolio companies include Shein, Animoca Brands, ConsenSys, Sensetime, Threads, Finery, and Armarium.
Pahdo Labs Secures $15M Series A Funding led by a16z
New York-based game development studio Pahdo Labs has raised $15M in a Series A financing round, with participation from Pear VC, BoxGroup, Long Journey Ventures, Neo, and Global Founders Capital. The company, founded in 2021, focuses on creating multiplayer video games and is launching its upcoming project, "Halcyon Zero," in September. The game, built on the Godot Engine, combines anime aesthetics and action role-playing, allowing players to craft their own worlds.
Breaking: Coinbase, a16z, and Ledger Back New Texas Alliance Advocating for Clear Digital Asset Regulations
The Crypto Freedom Alliance of Texas, backed by industry leaders like a16z crypto, Bain Capital Crypto, Blockchain Capital, Coinbase, Ledger, and Paradigm, is launching a campaign to establish transparent and consistent digital asset regulations in Texas. The alliance aims to provide insights and guidance to regulators and industry stakeholders, fostering innovation and protecting consumers. The alliance is expected to grow and play a more influential role in the Texas legislative process.
Algorand Foundation Joins Forces with Borderless Capital, Arrington Capital, and DWF to Invest in Pera Algo Wallet
The Algorand Foundation has made a strategic investment in Pera Algo Wallet, a self-custodial cryptocurrencies wallet on the Algorand blockchain, to support various Algorand wallets, and will host a live event to discuss the partnership.
API3 Unveils Enhanced Data Feed Service to Bolster TVL on Polygon zkEVM
API3, a blockchain oracle provider, has introduced a managed data feed service to support the growth of Total Value Locked (TVL) on Polygon zkEVM. This innovative push oracle, built around the Airnode first-party oracle node, eliminates intermediaries and provides direct access to real-world data, aiming to enhance the DeFi ecosystem and decentralized finance future.
Pantera Capital Predicts Bitcoin to Hit $35k Before 2024 Halving and Surge to $148k Afterward
Pantera Capital's publication explores the "positive black swan" event in the blockchain industry, highlighting its positive implications, historical predictions, rapid growth, resilience, and the transformative potential of DeFi platforms.
LD Capital: Institutions Are Buying on the Dip
Global markets face declines amid concerns over bond yields, inflation, and China's economy. Despite a 5% drop in the S&P 500 since July, the stock market rose 20% this year, with institutions capitalizing on the dip.