Inflection AI raises $1.3B in funding led by Microsoft and NVIDIA
The company has raised $1.525 billion in funding since its inception last year.
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Web3 developer Magic raises $52M in funding led by PayPal Ventures
The company has raised $80 million for wallet development since its inception in 2020.
Insolvency fears led many to turn to other stablecoins, sell USDC at a major discount
Several USD Coin holders have fled to other stablecoins amid fears surrounding its solvency.
Hedera confirms exploit on mainnet led to theft of service tokens
Hedera said the smart contract exploit on Mar. 9 has not impacted the network or its consensus layer.
Digital Asset Provider Raises $65M in Series B Led by Credit Suisse
The company said the funds will be used to expand Taurus' new offices in Europe, the UAE, and later in the Americas and Southeast Asia.
Led by Bitcoin, blockchain industry starts 2023 off strong: Report
With a Bitcoin rally to begin the year, the crypto space is looking up. However, not every sector has reversed its downward trajectory.
'Wall of worry' led to digital wallets, blockchain tech ignored: Cathie Wood
Market uncertainty calls for an opportunity to take advantage of disruptive innovation which has historically "gained share during turbulent times," says ARK Invest CEO.
LastPass data breach led to $53K in Bitcoin stolen, lawsuit alleges
A class action is seeking damages from the password manager following a data breach in August 2022.
Aztec Network secures $100 million in Series B funding led by a16z
With the funds, Aztec Network plans to hire more engineers and build a new encrypted blockchain.
How low liquidity led to Mango Markets losing over $116 million
An attacker took advantage of low liquidity to steal over $116 million from Mango Markets.