Lambda265, the blockchain arm of South Korean crypto exchange operator Dunamu, closed a $60 million (KRW 71 billion) Series B, bringing its valuation to $300 million, according to a Wednesday press release.The firm will use the funds to invest in its blockchain-as-a-service (BaaS) products, which are used by 3,300 corporate clients, according to the statement. Its flagship … [Read more...] about S. Korean Lambda265 Nabs $60M Series B at $300M Valuation
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Play-to-Earn Platform Rainmaker Nabs $6.5M Seed Round
Seed investors are taking 4% of all RAIN tokens. That would give Rainmaker Games, which has not yet launched, a market cap of around $162 million. Play-to-earn games such as Axie, which requires an expensive NFT to access, can command multibillion-dollar market caps. Source link … [Read more...] about Play-to-Earn Platform Rainmaker Nabs $6.5M Seed Round
$85 million ‘Meebits’ NFT project exploited; attacker nabs $700,000 collectible
Legendary NFT developers Larva Labs were the victims of an exploit this morning, as an attacker found a way to mint a rare NFT worth over $700,000 from the “Meebits” collection. The attacker, 0xNietzsche, teased the exploit on Twitter this morning, saying he anticipated making “$300,000 per hour” throughout the duration of the attack. He has since deleted the Tweets, saying … [Read more...] about $85 million ‘Meebits’ NFT project exploited; attacker nabs $700,000 collectible