Financing Weekly | 32 projects raised $202.3 million
Thirty-two blockchain startups raised a total of $202.3 million in funding this week.
JinseFinanceThirty-two blockchain startups raised a total of $202.3 million in funding this week.
JinseFinanceXRP shows slight bullish trend, rising 0.6% to $0.6212. EGRAG CRYPTO predicts potential 900% surge, citing historical trends and technical analysis. Lawsuit remains a hurdle, but positive resolution could fuel further gains.
EdmundWOOFi on the Arbitrum chain suffered an attack and lost approximately US$9 million. The attack exploited contract vulnerabilities to raise the price of WOO and then redeemed a large amount of WOO at a low price, ultimately resulting in heavy losses. Officials communicated with the attackers and proposed white hats.
JinseFinanceSolana's DEXs withstand a 32% DeFi volume drop, showing only a 4% dip. Despite challenges, Solana's dominance in the market grows, marking significant yearly growth. Analysts warn of a potential price decline, emphasizing the need for cautious market navigation.
SanyaAfter a stellar year on track to earn $4.5 billion, the newly promoted Tether CEO is looking to diversify the company’s investments.
JinseFinanceAntonio Juliano, founder of decentralized finance (DeFi) protocol dYdX, provided insights into the investigation of the $9 million loss in insurance funds, dispelling suspicions of an exit scam that occurred on Nov. 17.
BerniceThe cross-chain bridge was drained of its assets in less than three hours.
CointelegraphAn uptick to two-week highs is on the cards but longer timeframes still trouble Bitcoin analysis.
Cointelegraph