News list for "Crypto Venture"
Crypto venture capital firm DNA Holdings Venture Inc. has announced the launch of the DNA AI Compute Fund, an artificial intelligence computing fund designed to support the infrastructure required for large-scale language models (LLMs) dedicated to the Web 3 ecosystem and provide developers, startups, and established entities in the Web 3 and crypto space with the computing power they need to innovate using AI technologies.
According to Blockspace, crypto venture capital firm Digital Currency Group (DCG) has decided to split its Foundry mining business into two separate entities, Fortitude Mining and Foundry. Fortitude Mining will house Foundry's former self-mining business and physical infrastructure. Foundry, on the other hand, will maintain its mining pool operations and other bitcoin mining service lines.
As of August, crypto VC firms have raised more than $2.20 billion in new capital through closed-end funds this year, according to PitchBook data. In the past few weeks alone, at least six VC firms have collectively raised more than $500 million. These include ParaFi Capital's $120 million fund, Borderless Capital's $100 million fund, Hack VC's $77 million fund, and Robot Ventures' $75 million fund. Additionally, several funds are actively seeking new capital this year, and according to Bloomberg...
Crypto venture capital firm ParaFiCapital said in a post on the X platform that with the 2024 US election approaching, Polymarket has reached $688 million in trading volume so far this year, and its weekly active users have grown from around 1,400 to over 20,000, an increase of about 14 times. Polymarket web traffic has also grown exponentially, with daily pageviews increasing tenfold over the past 12 months to more than 32 million cumulative pageviews. In the second half of July, daily pageview...
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