Kyle Davies News
20.01 / 17:04
Blockchain
Technology
Adoption
defi
Stader Labs announce $12.5 million strategic raise, receives praise from Terra founder Do Kwon
On Thursday, Stader Labs, a crypto firm building decentralized finance, or DeFi, products for proof-of-stake blockchain networks, announced that it raised $12.5 million in a private sale. The funding round was led by Three Arrows Capital with additional participation from Blockchain.com, Accomplice, DACM, GoldenTree Asset Management, Accel, Amber, 4RC, Figment, and anger investors. This puts Staber Labs at a valuation of $450 million.
14.01 / 13:23
Blockchain
defi
Funding
Proof-of-stake
NEAR Protocol raises $150M to promote Web3 adoption
Proof-of-stake blockchain NEAR Protocol has raised $150 million in seed investments to accelerate the adoption of Web3 technologies. The team announced that the fund would be used to develop regional hubs and raise awareness for blockchain and decentralized tech.
15.12 / 00:38
Ethereum
ETH
Binance
Arrow
Three Arrows Capital buys Ethereum worth $56M, despite CEO’s ‘love and abandonment’
Like many cryptocurrencies, Ethereum has been growing in value since last year. But not without a considerable amount of volatility, price corrections, and speculations. At press time, the token was trading around the $3,820 mark, with a 4.5% setback.
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