Funding

Sky Mavis Raises $150M to Compensate for Ronin Hack

Sky Mavis, maker of Axie Infinity, raised $150M primarily from Binance to make investors whole after their Ronin sidechain was hacked for $600M.

SundaeSwap DEX: Our Launch Could Crash the Cardano Network

Weekly Newsletter

🔥 Everything is on Fire

Everything is on fire this week---MATIC is burning tokens making it deflationary, Cardano's first DEX reports it won't work, Russia is all in on FUD, and SecretNetwork is funded.

Secret Network (SCRT)

The Secret’s Out, It Only Cost $400M

Secret Network (SCRT), the privacy-by-default smart contract blockchain, announced this week that it raised $400M from major investors to grow its ecosystem.

Badger DAO Hack Not Covered By Nexus Mutual Policy

Terra (LUNA)

🕺The Billionaire Shuffle

This week, FTX raises money and launched an NFT marketplace, Badger DAO was hacked, we intro Terra (LUNA), and Jack Dorsey made all sorts of changes.

FTX

FTX Expanding NFT Markets, Raising Billions

FTX is raising billions to expand to new markets, and launch their NFT marketplace globally.

China Censors Crypto Media and Restricts Domestic Mining

Ronin (RON)

Crypto This Week: Feuds & Funding

This week in crypto is all about funding and feuds---China v Media and Crypto, Winklevoss twins v Zuckerberg, StarkWare raising $2B, and Ronin Bridge moving $7.5B.

Gemini

Winklevoss Twins vs. Zuckerberg (Part II)

Gemini, ran by the Winklevoss Twins, raised $400M to build a metaverse to compete with Zuckerberg's Meta.

ConsenSys Raises $200M at a $3.2B Valuation

Company Highlight

Crypto this week: from 🌋 BTC to Network ☠️

Crypto this week: from El Salvador's volcano mined BTC cities, to major Helium network outages.

Company Highlight

ConsenSys Raises $200M at a $3.2B Valuation

New York based company ConsenSys, makers of MetaMask, raised $200M this week from investors, and the CEO is considering launching a MetaMask token.