Tag: Ethereum
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User burned Ethereum tokens worth $5 million
On July 26, user nd4.eth sent 2,500 ETH (~$4.58 million at the time of writing) to a burn address. This was brought to the attention of journalist Colin Wu. source – https://twitter.com/WuBlockchain/status/1688480402443497472 According to onchain data, on July 29, he spent 5,330 DAI stablecoins to buy GMX and GNS tokens. On the same day, nd4.eth…
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EthStorage raised $7 million at a $100 million valuation
EthStorage, a startup focused on scaling Ethereum L2 storage, has raised $7 million in seed investment. At the end of the round, the company was valued at $100 million. The fundraising was led by crypto venture capital fund dao5 with participation from SevenX Ventures, Foresight Ventures, Sky9 Capital, Gate Ventures and Galxe. The investment is…
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Crypto Firm Flashbots became a “unicorn” at the end of a $60 million round
Infrastructure company Flashbots has raised $60 million at a $1 billion valuation. The Series B round included “leading venture capital firms,” L2 projects, business angels, DEX and other application developers. The Flashbots team will use the funds raised to build the SUAVE platform, which offers “faster and more confidential” blockchain transactions. The project specializes in…
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