Cometh Raises $10M to Boost Blockchain Game Adoption

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Rari Fuze hacker offered $10M bounty by Fei Protocol to return $80M loot

Decentralized finance (DeFi) platform Fei Protocol offered a $10 million bounty to hackers in an attempt to negotiate and retrieve a major chunk of the stolen funds from various Rari Fuse pools worth $79,348,385.61 or nearly $80 million. On April 30, Fei Protocol informed its investors about an exploit across numerous Rari Capital Fuse pools while requesting the hackers to return the stolen funds against a $10 million bounty and a ‘no questions asked’ commitment. We are aware of an exploit on various Rari Fuse pools. We have identified the…

Blockchain-based Distribution Protocol TravelX Raises $10m in Seed Round

TravelX, a company focused on using blockchain technology for distribution in the travel industry, has raised $10 million in a seed round led by Borderless Capital. The new funding raised will be used for a blockchain-based distribution protocol that the company will launch later this year. The protocol price allows airlines of all kinds and travel suppliers to tokenize inventory and create new distribution models and new use cases. Other investors include Algorand, Draper Cygnus, Myelin Capital and Monday Capital. Juan Pablo Lafosse, CEO of TravelX, said he is excited to…