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Initia raises $14 million Series A at $350 million token valuation

Initia has raised $14 million in a Series A round ahead of its mainnet and token launch. The round brings Initia’s fully diluted token valuation to $350 million, co-founder Ezaan Mangalji — who goes by “Zon” — told The Block.

theblock.co • 25/09/2024 - 13:05 PM

Initia raises $14 million Series A at $350 million token valuation

Initia, a blockchain project, raised $14 million to develop a Layer 1 network and interwoven optimistic rollups, totaling $22.5 million in funding to date.

theblock.co • 25/09/2024 - 13:05 PM

Banana Gun promises to refund $3 million stolen from impacted users

Banana Gun will refund 11 users after a $3 million wallet exploit due to a potential vulnerability in its Telegram bot; new security measures implemented.

theblock.co • 25/09/2024 - 09:58 AM

Polymarket bet for 2024 US presidential election winner crosses $1 billion mark

Polymarket's bets for the next U.S. president exceeded $1 billion, with Vice President Kamala Harris and Donald Trump leading. The platform experiences heightened interest ahead of the election.

theblock.co • 24/09/2024 - 18:35 PM

Daylight, ‘onchain for you’ actions recommender, raises $6 million in seed funding

Daylight, a personalized crypto recommendation platform, raised $6 million in seed funding to enhance user engagement and transaction volume through its API integrated with major wallets.

theblock.co • 24/09/2024 - 16:04 PM

Daylight, ‘onchain for you’ actions recommender, raises $6 million in seed funding

Daylight, a crypto platform offering personalized on-chain actions, raised $6 million in seed funding led by USV, bringing total funding to $9 million.

theblock.co • 24/09/2024 - 16:04 PM

The Funding: Crypto VCs on a fundraising spree

Crypto VCs raised over $2.2 billion in 2023, focusing on DePIN funds. These projects aim to leverage blockchain for real-world applications and disrupt traditional industries.

theblock.co • 22/09/2024 - 23:22 PM

The Funding: Crypto VCs on a fundraising spree

Crypto VCs raised over $2.2 billion in 2023, focusing on innovative projects like DePINs, which show resilience in bear markets and address real-world problems.

theblock.co • 22/09/2024 - 23:22 PM

Wintermute to launch predictions market called OutcomeMarket, beginning with TRUMP and HARRIS tokens

Wintermute is launching a prediction market for the U.S. elections, utilizing Chaos Labs' Oracle to facilitate betting on TRUMP and HARRIS tokens across multiple blockchain networks.

theblock.co • 17/09/2024 - 16:22 PM

Wintermute to launch predictions market called OutcomeMarket, beginning with TRUMP and HARRIS tokens

Wintermute is launching a prediction market called OutcomeMarket using Blockchain technology for the upcoming U.S. elections, focusing on TRUMP and HARRIS tokens.

theblock.co • 17/09/2024 - 16:22 PM

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