Blockchain Founders Fund

We are proud to announce the final close of our Fund II, having received overwhelming support from top investors, family offices, and institutions in the industry including Polygon, Ripple, Octava Singapore, NEO Global Capital NGC, AppWorks, BORGET Sebastien COO of The Sandbox, GSR, LD Capital, Metavest Capital. With a total of $75M in commitments and 50 new investments made in the past year, Fund II will empower the next generation of #Web3 innovators by supporting high-potential pre-seed and seed-stage startups in the blockchain space. 🎉🎉 Thank you Cointelegraph for this feature! 🙌 Learn more here 👉  https://lnkd.in/dnPS6z3g #venturecapital #web3 #blockchain #startups #fundclose #web3vc #funding #web3venturecapital

🎉 Congrats to our amazing community for helping us reach a new milestone: $52 Million in wallet value connected! Our goal has always been clear: to help users view their total wallet value and provide loan recommendations to access more capital. In the coming months, our protocol will expand to marketplaces, games, and more, continuing our mission of helping users access more liquidity. #Crypto #Liquidity

🚨 Top Blockchain News of the Week: 7th July 2024 🚨 1. Former executives Joshua Porter and Gulsen Kama of #Tether-backed Northern Data allege wrongful termination after raising concerns about accounting #fraud and tax evasion at the company. They have filed a #lawsuit against Northern Data. 2. The #crypto market saw $665M in daily liquidations as #Bitcoin dropped 7.4% to $54,422. The price plunge was partly due to #MtGox moving 47,229 #BTC to another wallet address. 3. Justin Sun announced #gasfree #stablecoin transfers on #Tron by year-end, promising to make transactions more efficient. Details on the technical implementation are yet to be disclosed. 4. #CoinShares reported $441M in digital asset inflows, driven by #Bitcoin's price weakness, activity from Mt. Gox, and a German government sell-off. This indicates a significant buying opportunity in the market. 5. The infamous phishing group #PinkDrainers lost $30,000 in #Ethereum to an address poisoning scam. This incident underscores the growing risks and complexity of #cybercrime. Check here for more information: https://lnkd.in/dYQDnsky

⚡️ The Promising Projects for the Month Our #venture department has analyzed over 300 projects in the past month, and we'd like to share the first part of the selection with the most promising ones: 1️⃣ LevelQ Finance offers cutting-edge quantitative algorithms and ensures a seamless user experience, allowing everyone to leverage #DeFi opportunities. The project is at the pre-beta stage but has closed its first investment round. 2️⃣ Shutdown is an action-packed #Web3 gaming IP set in a dystopian universe where #Al has taken over. Players immerse themselves in fast-paced battles, competing against opponents #worldwide to claim valuable resources and rise through the ranks of the #decentralized society. The project has been backed by Magnus Capital, Bitscale, Morningstar Ventures, and others. 3️⃣ Gatenow is a comprehensive compliance and verification hub for organizations participating in #Web3. Their AI-powered platform streamlines the corporate #KYC process, combining all parts of the customer onboarding experience into a single solution. The project has been backed by A100x Ventures, Blockchain Founders Fund, and others. If you are interested in the listed projects 👉 DM

🚀 Excited to share my latest Pione3rs newsletter: Simplifying Infrastructure for Node Operators and Developers with NodeOps: A Permissionless Node Orchestration Layer"! With NodeOps developers can now iterate faster and enhance productivity, focusing more on innovation and less on operational complexities. 🚀 ⭐ Key Highlights: - AI-powered infrastructure for streamlined Web3 development - Automated node deployment and containerized setups - $5M funding round led by L1 Digital AG with contributions from Finality Capital Partners Capital and Blockchain Founders Fund NodeOps is also leveraging Eigen Labs Eigenlayer AVS to unlock new revenue streams by securing multiple blockchains simultaneously, optimizing infrastructure costs, and boosting profitability. 📈 Kudos to the team Naman, Pratik, and Sagar! Join us in exploring how NodeOps is simplifying the future of blockchain technology and empowering developers globally. #Blockchain #Web3 #DeFi #Node #Web3 #Innovation

✅ NEWLY ADDED SPEAKERS THIS WEEK ✅ Amanda Wick, Founder and CEO of Association for Women in Cryptocurrency Tomisin J., Founder of Tuvana Labs Audrey Nesbitt, Co-Founder and CEO of Bloomly Anton Umnov, Co-Founder and CEO of Helika Wayne Chen, CEO of EukaPay Duncan Acres, Sr. Manager BD of Immutable Aaron Grinhaus, Internation Tax Lawyer at Grinhaus Law Firm Jonathan Keim, Director of Communitcaions at IBN (InvestorBrandNetwork) Nandita Merchant MBA, CISC, CEIC, Crypto Compliance Consultant and Trainer at TCAE Stefan Rust, Founder of Truflation Justyna Osowska, Founder of Women in Blockchain Canada Mansoor Madhavji, Partner at Blockchain Founders Fund Come see these Web3 and AI industry leaders at Canada's Largest Web3 Event! The 6th Annual Blockchain Futurist Conference takes place August 13-14, 2024 in Toronto, Canada 🚀 Get your tickets today, your future will thank you 🔮 🎟 futuristconference.com

🚨 Top Blockchain News of the Week: 29th June 2024 🚨 1. A #Bitcoin wallet from 2010, inactive for 14 years, transferred 50 BTC to Binance. The wallet belonged to a miner who earned 50 BTC as mining rewards when #BTC was $0.05. This rare movement of #Satoshi-era BTC has caught significant attention. 2. #Coinbase filed lawsuits against the #SEC and #FDIC, claiming unfair targeting and overregulation. The exchange seeks clarity under the Freedom of Information Act, challenging the regulatory pressure it faces amidst a broader #crypto crackdown. 3. #Bitcoin dropped towards $60,000 after the U.S. moved $240M worth of seized #SilkRoad-related BTC to Coinbase Prime. This transfer, from narcotics trafficker Banmeet Singh's case, raised concerns about market impacts from selling these assets. 4. The #IRS released final "broker rule" guidance, delaying decisions on non-custodial platforms like #DEXs. #Crypto lobbyists feared ambiguous language could impact wallet providers and DEXs. The IRS clarified custodial brokers are defined as brokers, with further reviews pending. 5. The #SEC sued #Consensys for offering unregistered securities and not registering as a broker. Consensys, expecting this, claims #MetaMask doesn't need to register as a securities broker and vows to defend its stance in court. Check here for more information: https://lnkd.in/dYQDnsky

Thank You and humbled to hit 2500 Pione3rs newsletter subscribers! 🙏🎉 In Pione3rs, we're exploring extremely innovative projects that are solving real problems utilizing Web3 technologies. If you haven't checked it out yet, be sure to subscribe here: https://lnkd.in/gSqHVcvm #ThankYou #Pione3rs Blockchain Founders Fund #milestone #Subscribe #web3

🚨 Top Blockchain News of the Week: 22nd June 2024 🚨 1. Political #memecoins like Super Trump, Maga, Jeo Boden, and Doland Tremp are expected to experience volatile price movements during and after the #TrumpBiden debate on June 27. 2. The #SEC has dropped its investigation into #Consensys, confirming no charges will be brought against #ETH for being a security. This decision brings relief to #Ethereum developers and participants, marking a major regulatory win for the blockchain ecosystem. 3. #Bitcoin's price dropped by 3.5%, continuing a downward trend over the past two weeks. The decline is attributed to the #German government's sale of $325M worth of Bitcoin, confiscated from a movie piracy website, causing #market volatility. 4. #Bitwise's updated filing for its spot #Ether ETF reveals that #Pantera Capital is considering a $100M investment. This significant potential buy-in reflects growing institutional interest in Ether-based #ETFs. 5. The U.S. Treasury Department's Financial Crimes Enforcement Network flagged increased use of #cryptocurrencies, including #Bitcoin, #Ether, #Monero, and #Tether, by Mexican cartels to buy fentanyl ingredients. Check here for more information: https://lnkd.in/dYQDnsky

🚀 Excited to share my latest newsletter: "AI-Powered Intents: How Aperture Simplifies the DeFi User Interactions"! 🌐🤖 Aperture Finance is revolutionizing DeFi with intent-based infrastructure (IBI), making user interactions seamless with AI-powered intents. By translating natural language inputs into actionable commands, they’re making DeFi accessible for everyone. Kudos to the team behind Aperture Finance Lian Zhu, Peiqian Li, Gao Han, Kavi Saglani! #AIPowered #DeFi #FinancialInnovation Blockchain Founders Fund #BlockchainTechnology