Daily Digest(10th August 2022)

Daily Digest (August 10, 2022)

🔸 RISC Zero raises $12 million to build a blockchain using zero-knowledge proofs.

🔸 NFT media management platform Pinata raises $21.5 million in combined seed and Series A funding.

🔸 Tiger Global joins $12 million funding round for gamer infrastructure startup Lysto.

🔸 CreatorDAO raises $20 million from investors including a16z, Paris Hilton and The Chainsmokers.

🔸 DeFi wallet startup Unstoppable Finance raises €12.5 million.


🔸 BitDAO to fund AfricaDAO with $20 million for web3 adoption in Africa.

🔸 Solana wallet provider Phantom says its systems were uncompromised in $4 million hack.

🔸 Layer 1 blockchain Injective raises $40 million round led by Jump Crypto.

🔸 Heirloom raises $8 million from Ripple and Forte to onboard enterprises into web3.

🔸 RenBridge has been used to launder at least $540 million in crime-related crypto cash since 2020.

References (Example)

[1] https://www.theblock.co/post/162358/risc-zero-raises-12-million-to-build-a-blockchain-using-zero-knowledge-proofs?utm_source=telegram1&utm_medium=social

[2] https://www.theblock.co/post/162466/nft-media-management-platform-pinata-raises-21-5-million-in-combined-seed-and-series-a-funding?utm_source=telegram1&utm_medium=social

[3] https://www.theblock.co/post/162477/lysto-raises-crypto-funding-tiger-global-gamer-infrastructure?utm_source=telegram1&utm_medium=social

[4]https://www.theblock.co/post/162502/creatordao-raises-20-million-from-investors-including-a16z-paris-hilton-and-the-chainsmokers?utm_source=telegram1&utm_medium=social

[5]https://www.theblock.co/post/160936/defi-wallet-startup-unstoppable-finance-raises-e12-5-million?utm_source=telegram1&utm_medium=social

[6] https://www.theblock.co/post/162698/bitdao-to-fund-africadao-with-20-million-for-web3-adoption-in-africa?utm_source=telegram1&utm_medium=social

[7] https://www.theblock.co/post/162673/solana-wallet-provider-phantom-says-its-systems-were-uncompromised-in-4-million-hack?utm_source=telegram1&utm_medium=social

[8] https://www.theblock.co/post/162096/layer-1-blockchain-injective-raises-40-million-round-led-by-jump-crypto?utm_source=telegram1&utm_medium=social

[9] https://www.theblock.co/post/161780/heirloom-raises-8-million-from-ripple-and-forte-to-onboard-enterprises-into-web3?utm_source=telegram1&utm_medium=social

[10] https://www.cnbc.com/2022/08/10/crypto-criminals-laundered-540-million-using-renbridge-elliptic-says.html