New $60M web3 fund from Axelar offers close support from Circle, Polygon & exposure to top investors

The interchain communication protocol, Axelar, has announced a $60M funding program to drive innovation for web3 startups building during the bear market. The post New $60M web3 fund from Axelar offers close support from Circle, Polygon & exposure to top investors appeared first on CryptoSlate.

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SBF shifts blame to Alameda, claims ‘I didn’t knowingly commingle funds’

Speaking live at the New York Times Dealbook event, Sam Bankman-Fried declared that he did not “knowingly commingle funds.” “I was surprised just how big Alameda’s position was… I wasn’t trying to commingle funds.” When asked how he can accept the difference between his prior statement on Twitter that the issue with FTX came down The post SBF shifts blame to Alameda, claims ‘I didn’t knowingly commingle funds’ appeared first on CryptoSlate.

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Asian VC fund Sora Ventures relocates to ‘crypto friendly’ Taiwan

Asian VC firm Sora Ventures has announced it is moving its business to Taipei in Taiwan in favor of “a very crypto-friendly environment.” Sora Ventures was previously based in Hong Kong and other areas of Asia. The post Asian VC fund Sora Ventures relocates to ‘crypto friendly’ Taiwan appeared first on CryptoSlate.

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