funds

Meanwhile, more funds are raised

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Meanwhile, more funds are raised

Meanwhile, a life insurer licensed to operate entirely on bitcoin has announced $37.5 million in new funding from existing investors. Based in Bermuda meanwhilewhose backers include OpenAI CEO Sam Altman, has now raised more than $180 million. Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures and Morgan Creek Digital as well as … Read more

Does THORChain face a criminal charge over stolen Bitgate funds?

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Does THORChain face a criminal charge over stolen Bitgate funds?

After suspected North Korean hackers exploited crypto exchange BitJet for $387.5 million last week, investigators were able to quickly flag and identify recipient addresses. Bitgate CEO Gracie Chen then controversially claimed that the decentralized cross-chain swap platform THORchain “denies service to these addresses.” THORChain replied: “Thorchain is decentralized and permissionless like Bitcoin, Ethereum, and BNB … Read more