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Ethereum Privacy Startup Aztec Raises $17M in Paradigm-Led Series A

Aztec’s first product was the private transfer protocol zk.money, which the company says has had over 20,000 registered users, 50,000 transactions and $35 million in total deposits. In January, the company is set to launch Aztec Connect, a way for users to privately access Ethereum’s decentralized finance (DeFi) ecosystem. Source

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Sportswear Giant Nike Purchases NFT Fashion and Collectibles Startup RTFKT

“This acquisition is another step that accelerates Nike’s digital transformation and allows us to serve athletes and creators at the intersection of sport, creativity, gaming and culture,” Nike President John Donahoe wrote in a blog post. “We’re acquiring a very talented team of creators with an authentic and connected brand.

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Microsoft leads startup Palm NFT Studio’s $27M series B round

Crypto startup Palm NFT Studio announced a Series B raise of $27 million on Thursday led by Microsoft’s venture fund M12. Palm NFT, cofounded by ConsenSys founder and Ethereum cofounder Joseph Lubin, provides strategic and technical services for creators to build NFT marketplaces. Other major backers include Griffin Gaming Partners, RRE, Third

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Polygon Acquires Ethereum Scaling Startup Mir for $400M in MATIC

According to a press release provided to CryptoX, Mir’s system generates recursive zero-knowledge proofs that allow “allow many Ethereum transactions to be verified with a single tiny proof.” This will purportedly make Mir one of the fastest and most efficient layer-2 options. Zero-knowledge proofs are a cryptography technology that allows

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French fintech startup Lydia raises $100 million in Series C funding round

French crypto-friendly fintech startup Lydia has raised $100 million in a Series C funding round, per a report in TechCrunch. The latest capital raise reportedly helped Lydia attain unicorn status with a valuation of over $1 billion. The $100-million fundraise comes nearly a year after its Series B funding round of $86

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A16z Leads $36M Bet on Web 3 Startup From Facebook Crypto Vets

“There’s significant demand for more efficient and safe smart contract developer tooling, and Mysten has the technology and expertise to make major improvements across multiple chains. Allowing developers to focus on perfecting their user experience, without tackling the complexities of lower-level blockchain integrations, is key to enticing more Web 2

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