PRESS RELEASE. Limitless Labs, the R&D network behind prediction market Limitless, has announced the successful closure of a pre-seed round. A total of $ 3M was raised in a round led by prominent venture capital firm 1confirmation, which has backing from tech veterals such as Peter Thiel, Marc Andreessen and Mark Cuban. Notable investors …
A federal judge this week sided with the prediction market Kalshi’s motion for summary judgment in its legal battle with the U.S. Commodity Futures Trading Commission (CFTC). This decision opens the door for U.S. citizens to place bets on the upcoming November election. However, the ruling isn’t the final word just yet, as the CFTC […]
Ark Labs has secured $ 2.5 million in pre-seed funding led by Tim Draper, aimed at advancing the Ark protocol for simplifying bitcoin payments. This funding will help Ark Labs enhance their user-friendly, non-custodial payment system, making bitcoin more accessible for global commerce. Ark Labs Raises $ 2.5M to Simplify Bitcoin Payments Ark …
Essential has successfully secured $ 11 million in Series A funding. The round was led by Archetype, with contributions from IOSG, Spartan, Mirana, Amber Group, Maven 11, Bodhi Ventures, Big Brain Holdings, Heartcore Capital, Selini, DCLM, and Propeller Heads, and others. This funding will accelerate the development of Essential’s blockchain, which aims to revolutionize …
While U.S. spot ether exchange-traded funds (ETFs) experienced outflows on Wednesday, bitcoin ETFs saw inflows totaling $ 44.51 million. Blackrock’s IBIT led with gains of $ 65.99 million, followed by Ark Invest’s and 21shares’ ARKB with $ 3.29 million. While Blackrock Captures Nearly $ 66M, Grayscale Outflows Weigh in Again During …