The largest round of funding this week was raised by Ithaca, which raised $20 million from Paradigm. Yala raised $8 million in a seed round. Eight projects, including ZAP, received other rounds of funding.
JinseFinanceSwan Bitcoin is suing ex-staff for allegedly stealing proprietary code to start their own mining venture in a scheme called "rain and hellfire." These ex-executives persuaded Tether to sever ties with Swan, increasing competition in the cryptocurrency market. Swan is now seeking legal action to recover stolen assets and confidential information.
CatherineThirty-two blockchain startups raised a total of $202.3 million in funding this week.
JinseFinanceGolden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.
JinseFinanceThis week, 34 blockchain startups raised $109.3 million in funding. The largest round was raised by Nexus, which raised $25 million. Ten projects received seed and pre-seed funding, and 22 projects received other rounds of funding.
JinseFinanceSwan Bitcoin expands into mining, targets public trading, emphasizes financial prudence, and forges strategic partnerships, all while navigating the uncertain waters of market dynamics and regulations.
WeiliangSwan Bitcoin, a financial services firm, ventures into bitcoin mining amid market volatility. With plans for a Series C funding and public listing, Swan aims to diversify services under Swan Institutional. The move aligns with industry shifts, including the upcoming bitcoin halving and challenges faced by mining companies.
SanyaJinseFinanceThe hacker exploited a vulnerability in the IAVL TREE to forge a malicious withdrawal message.
Numen Cyber LabsThe CEO of Swan Bitcoin, Cory Klippsten, criticizes Celsius Network and other centralized crypto lending platforms, warning of possible market contagion.
Cointelegraph