Chia raises $61M for ‘eco-friendly’ crypto despite critics

Blockchain startup “Chia Network” has raised $61 million in a funding round which included investment from top venture capital firms Andreessen Horowitz and Richmond Global Ventures. The decentralized smart contract platform was valued at around $500 million in the funding round, according to an anonymous source cited by Bloomberg. The funding round was also backed […]

Crypto lending firm BlockFi raises $350M in new funding round

Bain Capital Ventures, Pomp Investments, Tiger Global, and partners of DST Global have led investors in a $350 million series D funding round for the crypto lending firm BlockFi, according to an announcement on March 11. The company indicated that with the addition of these funds, as well as $100 million raised via three earlier funding […]