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FinTech news in distributed computing category

Anatoly Yakovenko on web3, NFT, and crypto's downturn

It’s a bold move, and one of the reasons why we’re excited to announce that Solana’s co-founder, Anatoly Yakovenko, will join for a fireside conversation on stage on October 18-20 in San Francisco.

Web3 Encode Club raised seed round of $5M led by Galaxy Digital

London, United Kingdom-based startup Encode Club, founded in 2020, trained 15,000 developers last year alone through its programming, CEO and co-founder Anthony Beaumont told journalist in an interview.

LiquiFi raised seed round of $5M led by Dragonfly Capital Partners

LiquiFi, part of Y Combinator’s winter 2022 batch, helps startups automate their token vesting, manage their token cap table, and issue token grants in compliance with regulations.

Video Games startup Axie Infinity raised $150M led by Binance

Vietnamese gaming studio Sky Mavis announced that it has raised $150 million in funding led by crypto exchange Binance to help reimburse users who lost funds during a ~$625 million hack of its play-to-earn game Axie Infinity, which was the largest crypto heist to date.

Ronin network is down ~$625M exploit, the largest DeFi hack

The ether and USDC deposits on Ronin were drained from the bridge contract, but the network is working with stakeholders from Axie Infinity and its parent company Sky Mavis to determine the best move forward so no user funds are permanently lost, it said.

Curve Finance's CEO talks about future of DeFi

Egorov is a DeFi superstar, and he’ll take the virtual stage with three other mighty minds — Andre Cronje, co-founder of Fantom Protocol; Taariq Lewis, founder of Volume; and Ivangbi, builder of narratives at Gearbox and LobsterDAO — for this must-see session.

OpenSea acquires Dharma Labs, CTO Alex Atallah steps down

NFT marketplace OpenSea is putting some of its freshly raised funds to good use, buying up crypto wallet startup Dharma Labs, the company announced today.