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Leading Auction House Christie’s Launches Web3 and Fintech Venture Arm

Leading Auction House Christie’s Launches Web3 and Fintech Venture ArmOn Monday, Christie’s, the leading British auction house founded 256 years ago in 1766, announced the launch of a new venture fund called Christie’s Ventures. According to the announcement, the company’s venture arm plans to focus on “[Web3] innovation, art-related financial products and solutions, and technologies that enable seamless consumption of art.” Christie’s Ventures to […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Layerzero Labs Secures $135 Million to Bolster Cross-Chain Interoperability

Layerzero Labs Secures 5 Million to Bolster Cross-Chain InteroperabilityLayerzero Labs, the firm behind the interoperability protocol Layerzero, has revealed the company has raised $135 million in a Series A+ finance round led by Andreessen Horowitz (a16z), FTX Ventures, and Sequoia Capital. The new financing brings Layerzero Labs’ overall valuation to $1 billion and the funds will be leveraged to develop cross-chain decentralized applications […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse