Its native RNDR, the payments token that node-runners receive in exchange for their computing power, is already live on Ethereum and the layer-2 Polygon. Superfast layer-1 Solana is next, according to Urbach, who also has his eyes on Metaplex, that ecosystem’s NFT hub. Source link … [Read more...] about Decentralized Rendering Engine Raises $30M in RNDR Token Sale as Metaverse Graphics Go Big
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Fantom DeFi Project Grim Finance Exploited for $30M
“We inform you that our platform was exploited today by an external attacker roughly 6 hours ago. The attackers address has been identified with over 30 million dollars worth of theft here,” the project’s developers tweeted on Sunday morning. “The exploit was found in the vault contract so all of the vaults and deposited funds are currently at risk,” they said in a separate … [Read more...] about Fantom DeFi Project Grim Finance Exploited for $30M
Stocktwits to Boost Crypto Coverage Following $30M Fundraise
In an interview with CoinDesk, Khanna said, “There’s a big opportunity for us to deliver more value to [the crypto community] in the form of better pricing feeds and data, better context and information about the coins and tokens and their products.” Source link … [Read more...] about Stocktwits to Boost Crypto Coverage Following $30M Fundraise
Crypto Investment Firm ParaFi Raises $30M for New Fund
ParaFi Capital, an investment firm focused on blockchain and decentralized finance, has raised nearly $30 million in a new fund, according to a regulatory filing.The ParaFi Private Opportunities - Series I fund opened on Nov. 19 and raised the money from 75 investors. The fund doesn’t have a set financial goal, and ParaFi checked “indefinite” for how long it will continue to … [Read more...] about Crypto Investment Firm ParaFi Raises $30M for New Fund
Avalanche’s first memecoin SDOG ends in a $30M rugpull
SnowdogDAO (SDOG), the first memecoin to launch on Avalanche, lost over 90% of its value yesterday in what many believe was the platform’s largest rug pull.Despite millions of dollars in investments lost, the SnowdogDAO team maintains that the event wasn’t a rug pull, but a “game-theory experiment” gone wrong.Insiders front-run a token designed to avoid front runningSnowdogDAO, … [Read more...] about Avalanche’s first memecoin SDOG ends in a $30M rugpull