Fordefi Raises $10M to Make Crypto Safer with Institutional-Grade Wallet to Retail-Facing Platforms

“Fordefi changes the game for safe institutional access to DeFi and crypto by providing novel tools around MPC, user policies, and transaction simulation,” Curtis Spencer, co-founder and general partner at Electric Capital, said in a statement. “Their new wallet-as-a-service offering extends their industry leading technology to any business wanting their customers to have the best mix of security and user experience to get on-chain.” Source

Polygon and Solana slide, new crypto raises $10m

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. In the last trading day, Polygon (MATIC) and Solana (SOL) have posted losses. Meanwhile, a new crypto project, Bitcoin Minetrix, has raised over $10 million in the ongoing presale. Top coins retrace While leading coins, including SOL and MATIC, retrace, they are relatively firm in the past week. Currently, MATIC is down 5.73%, priced at $0.781. Meanwhile, Solana is down 7.61% this month, priced at $95.09. The recent sell-offs…

Digital Asset Brokerage Nonco Raises $10M Seed Funding Led by Brian Brook’s Valor Capital and Hack VC

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…

Digital Asset Platform Coinchange Raises $10M to Scale API Yield Service

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish, a cryptocurrency exchange, which in turn is owned by Block.one, a firm with interests in a variety of blockchain and digital asset businesses and significant…

Colony Lab to Invest $10M to Support AVAX Crypto Ecosystem, Avalanche Blockchain

“As we channel a $10 million investment into the Avalanche ecosystem, we’re not just growing Colony Lab – we’re fostering the long-term potential of AVAX,” CEO Elie Le Rest said in a message to CoinDesk. “Avalanche understands that real blockchain growth comes from expanding its use cases, and its technology reflects this vision by creating a more inclusive and customizable blockchain landscape. We’re thrilled to align with Avalanche’s vision, and we’re fully dedicated to sharing the rewards of our strategic move with our community.” Source

FBI Arrests Trio Accused of Bilking U.S. Banks Out of $10M, Converting Funds to Crypto

Each of the accused men has been arrested by the Federal Bureau of Investigation and faces four criminal charges in U.S. District Court for the Southern District of New York: bank fraud conspiracy, conspiracy to commit wire fraud affecting a financial institution, money laundering conspiracy and aggravated identity theft. The maximum sentence for all the charges combined could amount to nearly 100 years, the release shows. Source

VersiFi hires ex-Genesis exec and secures $10m to revamp crypto lending

VersiFi appoints former Genesis executive Martin Garcia as co-CEO and secures $10 million in funding to drive crypto lending services.  VersiFi, a New York-based digital asset prime brokerage, has announced the appointment of former Genesis Global executive Martin Garcia as its new co-CEO. This strategic move comes as the company looks to expand its lending and trading services, with Garcia set to lead this initiative. VersiFi also secured $10 million in funding from the Wall Street investment entity Hunting Hill Global Capital. In an interview with Bloomberg, Garcia expressed optimism…

OpenAI Attracts Google Researchers by Offering Massive $10M Package

Despite the market slowdown, OpenAI continues with aggressive hiring by strategically leveraging the growing interest in AI technology. OpenAI is said to be presenting substantial compensation packages, reaching as high as $10 million, to entice top researchers away from Google, as per a report from The Information. This marks OpenAI’s ongoing efforts to recruit talent from Google’s ranks, with a focus on senior researchers in Google’s AI teams. The proposed annual compensation, largely in the form of stock, is reportedly in the range of $5 million to $10 million. OpenAI…

Blur token skyrockets as NFT sales surpass the $10m mark

The Blur (BLUR) token price gained bullish momentum for the first time in over four months as the marketplace saw a notable surge in non-fungible token (NFT) sales. Blur is up by 30% in the past 24 hours and is trading at $0.39 at the time of writing, reaching a four-month high. The asset’s market cap is currently at $414 million, last seen in late July. BLUR’s 24-hour trading volume also skyrocketed by 400%, surpassing the $460 million mark. BLUR price, whale activity, social volume, and open interest – Nov.…