Polychain Capital and Variant co-led the round for the decentralized derivatives protocol. Source
DeFi Protocol Perennial Launches with $12M Fundraise
Tag: 12M
Celsius is Owed $12M by Alameda Research, Newest Member of Bankrupt Crypto Club
The bankrupt crypto lender’s new CEO told the judge Celsius Mining has approximately 40,000 mining rigs. Source
What Is EthereumMax? Inside the Crypto Kim Kardashian Lost $1.2M Promoting
If EthereumMax’s Twitter is meant to broadcast to the world, then its Discord server is where the projects’ true believers (or at least its most committed) roam. There, some 2,300 members can talk about EthereumMax’s crypto partnerships, its forays into gaming, its price action – pretty much anything – with fellow investors. Source
Join TRON Grand Hackathon 2022 Season 3 to Win $1.2M Prize Pool – Sponsored Bitcoin News
sponsored Do you see yourself as the next entrepreneur, prominent software developer or just someone looking to break into decentralised industries of the future? An exciting and upcoming Hackathon for the TRON community will allow you to not only win funding for your idea and project, but get noticed by industry big-wigs and also have the opportunity to be introduced to potential high-level partners. Your Chance to Get Recognition and Funding The TRON Grand Hackathon 2022 Season 3, launched by the TRON DAO and BitTorrent Chain (BTTC), is about to…
Web3 Developer Platform Alchemy Is Raising $12M for New Venture Capital Fund
It’s unclear what the funds will be used for, as Alchemy has a history of making investments through its venture capital arm and a separate grants program. Source
Indian Police Arrest Two Suspected of Duping 1,400 in Alleged $12M Crypto Scam
The police arrested Ritesh Dilip Kumar Sikligar, alias Pancha, and Mohan Patil, an agent who lured customers from around the country into the scheme, said an EOW officer investigating the case. The Economic Offences Wing secured custody of Kumar, thought to be the mastermind, and Patil till Aug. 20th for questioning. The two have been in jail since then. Source
CFTC Accuses Ohio Man of Running $12M Bitcoin Ponzi Scheme
In addition to ordering Giri to cease all activities related to the fraud, the CFTC wants him to disgorge or give up any monetary benefits “directly or indirectly” attached to the violation of regulations, including and not limited to salaries, commissions, loans, fees, revenues, and any trading profits. Original
Bain Capital Leads $12M Round for Scalable Blockchain Developer RISC Zero
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Bits Crypto Raises $1.2M to Facilitate Gradual Investments in Crypto
“Everybody knows that crypto is hard. There’s extreme market volatility, and that’s intimidating to first time investors or wannabe investors,” CEO Jameson Rader told CryptoX. “Fortunately, there is dollar-cost averaging, which is a proven financial strategy to minimize exposure and risk to market volatility.” Source 12MBitsCryptoFacilitateGradualInvestmentsRaises CryptoX Portal
Inverse Finance exploited again for $1.2M in flashloan oracle attack
No user funds have been affected by the exploit, but Inverse Finance has incurred a debt and offered the attacker a bounty to return the stolen funds. Just two months after losing $15.6 million in a price oracle manipulation exploit, Inverse Finance has again been hit with a flashloan exploit that saw the attackers make off with $1.26 million in Tether (USDT) and Wrapped Bitcoin (WBTC). Inverse Finance is an Ethereum based decentralized finance (DeFi) protocol and a flashloan is a type of crypto loan that is usually borrowed and…