Ripple abandons Fortress Trust deal after covering $15M loss related to security breach

Ripple has abandoned a deal that could have seen it acquire the financial infrastructure firm Fortress Trust, according to a statement on Sept. 28. Ripple CEO Brad Garlinghouse said in a tweet: “A few weeks ago, we signed a letter of intent to acquire Fortress Trust — we’ve since made the decision not to move forward […] The post Ripple abandons Fortress Trust deal after covering $15M loss related to security breach appeared first on CryptoSlate. дальше »

2023-9-29 00:50

Binance Labs invests $5M in Curve DAO Token following $60M July hack

Binance Labs said on Aug. 10 that it has invested $5 million in Curve DAO Token (CRV) in an attempt to bolster the DeFi platform following an attack. Yi He, Co-Founder of Binance and Head of Binance Labs, said: “Given the recent events that have impacted the protocol, Binance Labs has offered our full support […] The post Binance Labs invests $5M in Curve DAO Token following $60M July hack appeared first on CryptoSlate. дальше »

2023-8-11 05:00

Algorand partners with DWF Labs in $50M deal

Algorand (ALGO) and web3 investment firm DWF Labs have teamed up in a $50 million deal, per Chainwire. The partnership aims to help support and grow the blockchain through liquidity provision and project development funding, particularly those related to DeFi, art and music, gaming, oracles and bridges, and infrastructure. дальше »

2023-6-26 17:23

Solana aims to grow 100x through small business, infrastructure partnerships

Solana co-founder Roj Gokal said in a May 29 interview with TechCrunch that his company aims to grow 10 to 100 times, primarily through small business and infrastructure partnerships. Solana has a small business focus Gokal said in the interview: “[Solana wants partners] that can move, push releases and experiments and measure every week rather […] The post Solana aims to grow 100x through small business, infrastructure partnerships appeared first on CryptoSlate. дальше »

2023-5-30 00:09