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Web3 bug bounty and security services platform Immunefi has closed a $24 million Series A funding round, putting the company on track to scale its in-house capacity amid widespread vulnerabilities in the blockchain industry.The funding round was led by the San Francisco-based venture firm Framework Ventures, with additional participation from
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“The current state of crypto is fragmented, as there has been a proliferation of blockchains and applications, but users on a given blockchain can’t access applications on another,” Kol said. “It’s confusing and complex, and results in a user experience that many, even crypto veterans like our team, find cumbersome
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The overall financial market is discouraging this week. Stocks and cryptos are plummeting as anticipation of the upcoming rate hike grows. The
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“Today, there’s no mass-market, fun, high-quality, high-fidelity game that incorporates Web3 and digital ownership in a meaningful way,” Xterio co-founder and COO Jeremy Horn told CryptoX in an interview. “When you look at our executive team, we’re very proven hitmakers … who have worked on games that have generated billions
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With just over two weeks left until The Merge, ethereum’s value against the U.S. dollar has lost all the gains the crypto asset recorded leading up to the hardened date. In mid-August, ether managed to climb above the $2K zone but since then, the second largest cryptocurrency by market cap
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The AI-generated avatar creation cross-platform for the metaverse, Ready Player Me, has raised $56 million in a Series B funding round led by Andreessen Horowitz (a16z). The startup’s co-founder and CEO Timmu Tõke says the funding will be used to scale the cross-platform metaverse avatar system. Investors Inject Ready Player Me
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Bankrupt crypto lending company Celsius countersued decentralized finance (DeFi) protocol KeyFi and its CEO Jason Stone on Tuesday in the United States Bankruptcy Court claiming Stone misrepresented himself as an expert in DeFi, and that Stone and KeyFi hadlost Celsius coins through incompetence and deceit. The suit came several weeks
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Ready Player Me, an Estonian company that creates avatars in the Metaverse, has raised $56 million in a Series B funding round led by Andreessen Horowitz's crypto and gaming funds. Original Source
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Pinata has more than 240,000 users worldwide, up from 104,000 users in January, according to the company. Notable partnerships include NFT marketplace OpenSea, fantasy sports company DraftKings, NFT storage provider Protocol Labs, Bored Ape Yacht Club developer Yuga Labs and Autograph, the NFT platform co-founded by National Football League star
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