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Updated: Solana-based wallet hack drains more than $6M in ongoing attack
Updated: A massive exploit has struck the Solana blockchain ecosystem that led to the compromise of more than 7,000 SOL-based wallets by an unknown attacker starting in the late evening on Tuesday. The genesis of the attack appeared to begin within the Solana-based Phantom wallet, but it was discovered that it also affected the Slope ...
AI-powered NFT counterfeit detector MarqVision nabs $20M
MarqVision Inc., the developer of a platform powered by artificial intelligence to detect counterfeit nonfungible tokens and physical goods, today announced that it has raised $20 million in early-stage funding to create an intellectual property management system for brands. DST Global and Atinum Investments were joined by previous investors Softbank Ventures, Bass Investment and Y-Combinator ...
Token bridge Nomad exploited for nearly $200M during ‘chaotic hack’
The cross-blockchain token bridge Nomad was attacked Monday and attackers were able to drain it of almost all of its funds, it was revealed today. The attack stole about $190 million worth of cryptocurrencies from the bridge during the duration of the hack. Nomad acts as a generalized protocol to allow users to send and ...
Music-focused NFT platform OneOf raises $8.4 million
Music-focused nonfungible-token platform OneOf has raised $8.4 million in new funding to support its eco-friendly and sustainable marketplace for artists and brands to connect with fans. The strategic funding round announced today included Amex Ventures, the venture capital arm of American Express, which will be hosting an exclusive pop-up event that will take advantage of ...
Crypto fund Variant raises $450M to invest in DeFi and Web3 projects
The crypto markets are down dampening the industry, but that’s not stopping venture firm Variant, which announced Thursday that it has raised $450 million across two funds targeting Web3 and decentralized finance startups. Variant is an early-stage crypto-focused investment fund founded by Andreessen Horowitz veterans that has backed well-known Web3 and crypto projects including the ...
Center raises $11M to build NFT search index
Nonfungible token tools company Center today announced that it has raised $11 million in a seed round led by Thrive Capital and Founders Fund to build a search product that will index NFTs across multiple blockchains. The company believes that it can increase the utility of NFTs, which are a type of crypto asset, by ...
Retool raises $45M at $3.2B valuation for low-code app development
Low-code enterprise app builder startup Retool Inc. today announced that it has raised $45 million in new funding at a $3.2 billion valuation to continue its journey to “retool” the way that businesses build bespoke internal-facing software. The fundraise is what the company calls a Series C2 and follows the company’s $20 million Series C ...
Trustless Media raises $3.25M for tokenized Web3 TV productions
Trustless Media, a Web3 media company that seeks to use nonfungible tokens for television productions, today announced it has raised $3.25 million in a seed funding round led by crypto billionaire Sam Bankman-Fried’s Alameda Research. Other big names in the Web3 industry also joined in the round including Ava Labs, the company behind the Avalanche ...
Web3 digital identity startup Unstoppable Domains raises $65M at $1B valuation
Unstoppable Domains Inc., a platform for user-controlled digital identity using Web3 technology, announced today it has raised $65 million in new funding led by Pantera Capital at a $1 billion valuation. Other investors that joined in the Series A funding round included Mayfield, Gaingels, Alchemy Ventures, Redbeard Ventures, Spartan Group, among many others. Previous investors ...
Google unveils creativity and productivity makeover for Chromebooks
Google LLC said today that it will be rolling out new features and apps for its Chromebooks over the next few months that will make them even easier to create and work on. Chromebooks are Google’s low-cost alternative to traditional laptops powered by Chrome OS, they are designed to allow most apps and workflows to ...