Crypto VC Funding is on the rise

GM GM

$BTC looking good for now. In case of accumulation in the 60-62K area, we’ll take a BTC long.

In last 3 days more than 30+ projects have been funded. Funding for the next cycle is now being set.

<<Recent Funding>>

EYWA completed a $7 million seed funding round led by Curve.
Balcony platform completes a Pre-Seed round of financing, with Avalanche Blizzard Fund participating in the investment.
DWF Labs invested in Dropstab. source
The Volta platform has completed an initial funding round of $4.1 million.

<<Rekt Alerts>>

- Dutch police detained a suspect in ZKasino fraud and confiscated assets worth 11 million euros. flod

- Today someone lost 1115 WBTC (~$71 million) as a result of a phishing attack.

- LayerZero offers "Sybil" addresses the opportunity to self-report themselves within the next 14 days in exchange for 15% of the planned airdrop amount.

<<NEWS>>

- Injective partners with AltLayer. altlayer.io

- The Velodrome team shared plans to begin rolling out the Velodrome Superchain beta over the next few weeks.

- SUI released mobile version of Sui Wallet.

- friend.tech : Version v2 has been launched.

- Ether.fi launched new Staking Frens campaign in collaboration with Gearbox.