CertiK today announced the completion of an $80 million Series B2 financing round. This investment is led by Sequoia, with participation from existing investors including Tiger Global, Coatue Management, and GL Ventures (Hillhouse Capital’s VC arm). This not only sets the bar for the largest single round of fundraising in the blockchain security space but now brings CertiK’s … [Read more...] about Crypto whitehat security firm CertiK bags $1 billion valuation after Sequoia raise
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Terra (LUNA) is in full expansion with over $1.9 billion in TVL
Blockchain project Terra and its native token LUNA have quickly moved from the sidelines to the forefront of DeFi. With over $1.9 billion in TVL, it’s the fifth largest blockchain project, trailing closely behind Avalanche.With several major fundamental developments underway, LUNA saw its price increase by over 50% in the past week, with industry insiders believing that this is … [Read more...] about Terra (LUNA) is in full expansion with over $1.9 billion in TVL
Borderless Capital launches half billion dollar fund for Algorand projects
Capital venture firm Borderless Capital has launched a fund worth $500 million to support projects building on the Algorand blockchain. According to a Nov. 30 announcement from the Miami-based company, the Borderless ALGO Fund II will aim to back digital assets powering the “next generation” of decentralized applications (DApps) on Algorand. We are excited to announce the … [Read more...] about Borderless Capital launches half billion dollar fund for Algorand projects
MicroStrategy purchases $414.4 million worth of Bitcoin, with total BTC balance eclipsing $3.5 billion
Michael Saylor, CEO of enterprise data analytics company MicroStrategy, announced Monday via a Twitter post and company filing that the firm purchased an additional 7,002 Bitcoin (BTC), worth approximately $414.4 million, at an average price of $59,187 per coin. MicroStrategy sold 571,001 shares of company stock between Oct. 1 and Nov. 29 at $732.16 apiece, raising a total of … [Read more...] about MicroStrategy purchases $414.4 million worth of Bitcoin, with total BTC balance eclipsing $3.5 billion
El Salvador is building a $1 billion Bitcoin City as pressure on Bukele ramps up
Nayib Bukele, the President of El Salvador, announced that the country will be building a carbon-neutral Bitcoin City. The city will have no property, income, or capital gains taxes, and the massive endeavor will be partly financed by a $1 billion Bitcoin bond issued by Blockstream.And while the move was celebrated in the crypto world, ramping criticism of Bukele’s policies has … [Read more...] about El Salvador is building a $1 billion Bitcoin City as pressure on Bukele ramps up