On Thursday, Stader Labs, a crypto firm building decentralized finance, or DeFi, products for proof-of-stake blockchain networks, announced that it raised $12.5 million in a private sale. The funding round was led by Three Arrows Capital with additional participation from Blockchain.com, Accomplice, DACM, GoldenTree Asset Management, Accel, Amber, 4RC, Figment, and anger … [Read more...] about Stader Labs announce $12.5 million strategic raise, receives praise from Terra founder Do Kwon
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BlockFills raises $37 million to support global expansion
BlockFills, a digital asset electronic market making, trading and prime brokerage, has announced the completion of a $37 million Series A funding round.Institutional investors, including Susquehanna Private Equity Investments LLLP, CME Ventures, Simplex Ventures, C6 Ventures, and Nexo Inc., led the round. Since its inception in 2018, the firm has received a total of $44 million … [Read more...] about BlockFills raises $37 million to support global expansion
MiamiCoin has now raised $24.7 million… but who will benefit?
Recently, Cointelegraph spoke to Miami Mayor Francis Suarez following the announcement that Miami residents with a digital wallet can earn a Bitcoin dividend. The company that sets up the infrastructure to get Bitcoin dividends into the hands of citizens is CityCoins, an open-source protocol that provides fundraising mechanisms for cities. Miami and New York City are the two … [Read more...] about MiamiCoin has now raised $24.7 million… but who will benefit?
Tether freezes $150 million in USDT
Tether has added three more Ethereum addresses, holding more $150 million worth of the USDT stablecoin between them, to its blacklist.As a centralized company, Tether is able to blacklist addresses it believes are involved in crime, money laundering — or for any other reason it chooses.This is the first time Tether has blacklisted an address in 2022 but it added 312 addresses … [Read more...] about Tether freezes $150 million in USDT
Animoca Brands’ Lympo NFT platform hacked for $18.7 million
Sports NFT minting platform and Animoca Brands subsidiary Lympo suffered from a hot wallet security breach and lost 165.2 million LMT tokens worth $18.7 million at the time of the hack.A short Medium update from the Lympo team stated that on Jan. 10 hackers managed to gain access to Lympo’s operational hot wallet and “stole a total of approximately 165.2 million LMT from … [Read more...] about Animoca Brands’ Lympo NFT platform hacked for $18.7 million