🚀 Wildcard's Token Launch Faces Community Skepticism Amid Market Challenges
#Wildcard #TokenLaunch #BlockchainGaming #Arbitrum #Paradigm #CryptoMarket #TGE #Web3 #GameDevelopment #Funding #CommunitySkepticism #MOBA #Polygon #CEX #LiveStreaming
On March 27, Wildcard, a blockchain gaming project previously backed by a $46 million investment led by Paradigm, launched its token generation event (TGE) on Arbitrum. According to BlockBeats, the token initially reached a market cap of $1.1 million but has since decreased to $809,000, with a liquidity pool of only $209,000. The community has expressed concerns about the project's responsibility and potential 'soft rug' tactics.
Wildcard was founded by Paul Bettner and Katy Drake Bettner, who have notable backgrounds in game development, having worked on popular titles such as 'Words With Friends' and 'Lucky's Tale.' In June 2022, Wildcard completed a $46 million Series A funding round led by Paradigm, with participation from Griffin Gaming Partners and Polygon. The project announced the formation of The Wildcard Alliance, focusing on developing the Web3 game 'Wildcard,' a PVP game combining card, MOBA, and competitive elements, initially based on the Polygon chain and later expanding to Arbitrum.
Despite multiple changes to its roadmap, the project's progress has not met expectations. However, in June 2025, Wildcard completed another funding round, securing $9 million led by Arbitrum Gaming Ventures and Paradigm. The funds were intended to accelerate the development of the Wildcard game, the Thousands protocol, and the Thousands.tv platform, which is a creator-driven user acquisition and live streaming system.
The cooling of the crypto market has led to diminished interest in the game and platform, impacting the project's ability to attract funding. Consequently, the token generation event did not receive significant attention from major centralized exchanges (CEX), further contributing to the community's skepticism.#Wildcard #TokenLaunch #BlockchainGaming #Arbitrum #Paradigm #CryptoMarket #TGE #Web3 #GameDevelopment #Funding #CommunitySkepticism #MOBA #Polygon #CEX #LiveStreaming
🚀 Capital B Converts OCA B-01 Holdings to Bitcoin and Secures €2.8 Million Funding
#CapitalB #OCA #Bitcoin #BlockstreamCapital #UTXOManagement #ForesightNews #funding #cryptocurrency #finance #BTC
French publicly traded company Capital B has converted 19,917,972 OCA B-01 holdings from Blockstream Capital and UTXO Management into Bitcoin. According to Foresight News, the company has also completed a €2.8 million financing round to advance its Bitcoin treasury strategy.#CapitalB #OCA #Bitcoin #BlockstreamCapital #UTXOManagement #ForesightNews #funding #cryptocurrency #finance #BTC
🚀 Capital B Raises €2.8 Million to Support Bitcoin Acquisition Strategy
#CapitalB #Bitcoin #Investment #Funding #Cryptocurrency #AcquisitionStrategy #Finance #BTC
Capital B has successfully raised €2.8 million ($3.22 million) by converting convertible bonds into common stock and selling additional new shares. According to NS3.AI, the company stated that the funds will be used to bolster its Bitcoin acquisition strategy.#CapitalB #Bitcoin #Investment #Funding #Cryptocurrency #AcquisitionStrategy #Finance #BTC
🚀 Midas Secures $50 Million Series A and Launches Staked Liquidity Facility
#Midas #SeriesA #Funding #StakedLiquidity #DeFi #CeFi #TokenizedAssets #Blockchain #OnchainAttestation #TVL
Midas has successfully raised $50 million in a Series A funding round and introduced Midas Staked Liquidity, a redemption facility with an initial capacity of up to $40 million for tokenized assets. According to NS3.AI, the facility aims to facilitate redemptions across both decentralized and centralized finance platforms, eliminating counterparty and settlement risks. Additionally, Midas has launched an onchain attestation engine and reported that the protocol currently holds $500 million in total value locked.#Midas #SeriesA #Funding #StakedLiquidity #DeFi #CeFi #TokenizedAssets #Blockchain #OnchainAttestation #TVL
🚀 Chainalysis Report Highlights Cryptocurrency Use in Drone Procurement
#cryptocurrency #drones #military #Russia #Iran #blockchain #funding #sanctions #stablecoins #armsprocurement #IRGC #geopolitics #BTC
Chainalysis has released a report indicating that low-cost commercial drones have become central tools in modern conflicts. According to Foresight News, organizations linked to Russia and Iran are increasingly using cryptocurrency to fund the purchase of low-cost military drones and components. Since 2022, pro-Russian volunteers and paramilitary groups have raised over $8.3 million in cryptocurrency donations through various blockchains.
The report highlights that sanctioned Russian drone developer KB Vostok's "Scalpel" drone is priced at approximately $2,200, with on-chain transactions showing multiple payments matching this price and its multiples. Additionally, these groups are shifting from Bitcoin to stablecoins for procurement to leverage their price stability. In Iran, the Ministry of Defense Export Center (Mindex) has openly promoted accepting cryptocurrency payments for advanced weapons, including Shahed drones and ballistic missiles. Chainalysis has detected a wallet used for purchasing drone components with direct or indirect financial links to the Islamic Revolutionary Guard Corps (IRGC) and the Nobitex exchange. Data shows a significant increase in on-chain funds to related drone suppliers during a 12-day war between Iran and Israel in June 2025.#cryptocurrency #drones #military #Russia #Iran #blockchain #funding #sanctions #stablecoins #armsprocurement #IRGC #geopolitics #BTC
🚀 Keyrock Secures Series C Funding at $1.1 Billion Valuation
#Keyrock #SeriesC #Funding #Valuation #1Billion #SCVentures #NS3AI #Capital #Acquisition
Keyrock has successfully raised a Series C funding round, achieving a valuation of $1.1 billion. According to NS3.AI, the financing was led by SC Ventures. The round remains open and has the potential to reach a total of $100 million. Keyrock plans to utilize the new capital to enhance its balance sheet, expand its range of services, and explore acquisition opportunities.#Keyrock #SeriesC #Funding #Valuation #1Billion #SCVentures #NS3AI #Capital #Acquisition
🚀 OpenFX Secures $94 Million Funding to Expand Global Reach
#OpenFX #Funding #Startup #Forex #CrossBorderPayments #Blockchain #Stablecoins #GlobalExpansion #SoutheastAsia #LatinAmerica #Fintech #Investment
OpenFX, a startup specializing in forex market-making and cross-border remittances, has successfully raised $94 million in funding, according to PANews. The funding round was led by Accel, Lightspeed Faction, M13, Northzone, and Pantera, bringing the company's post-money valuation to approximately $500 million.
OpenFX utilizes stablecoins as a bridge to connect banking systems with blockchain infrastructure, offering faster and more cost-effective settlement services for large cross-border transactions. The company reports that over 98% of transactions on its platform are settled within 60 minutes, with its annualized payment processing volume increasing from around $4 billion to approximately $45 billion.
With the new funding, OpenFX plans to expand its operations into the Southeast Asian and Latin American markets.#OpenFX #Funding #Startup #Forex #CrossBorderPayments #Blockchain #Stablecoins #GlobalExpansion #SoutheastAsia #LatinAmerica #Fintech #Investment
🚀 Cross River Secures $50 Million Investment for AI and Crypto Expansion
#CrossRiver #Investment #AI #Crypto #Funding #TRowePrice #BankValuation #NS3AI
Cross River has successfully raised $50 million from funds advised by T. Rowe Price to enhance its presence in the AI and cryptocurrency sectors. According to NS3.AI, a source familiar with the situation indicated that this investment values the bank at slightly over $3 billion, although the precise valuation remains undisclosed.#CrossRiver #Investment #AI #Crypto #Funding #TRowePrice #BankValuation #NS3AI
🚀 Cango Secures $65 Million Investment Through Share Issuance
#Cango #Investment #ShareIssuance #Funding #ConvertibleNotes #USDT #DLHoldings #Finance #StockMarket #StrategicInvestment
Cango has finalized a strategic investment worth $65 million by issuing 49,242,424 Class A ordinary shares to entities owned by Chairman Xin Jin and Director Chang-Wei Chiu. According to NS3.AI, the transaction was completed on March 31, with proceeds settled in USDT. Additionally, Cango entered into a securities purchase agreement with DL Holdings Group Limited, involving $10 million in convertible notes and warrants for up to 370,370 Class A ordinary shares at an exercise price of $2.70.#Cango #Investment #ShareIssuance #Funding #ConvertibleNotes #USDT #DLHoldings #Finance #StockMarket #StrategicInvestment
🚀 Tether Seeks Final Funding Push at $500 Billion Valuation
#Tether #Funding #Valuation #Crypto #Investment #Blockchain #Finance
Tether is making a final push to secure funding at a valuation of $500 billion. According to ChainCatcher, the company is urging investors to commit to an agreement within the next two weeks.#Tether #Funding #Valuation #Crypto #Investment #Blockchain #Finance