Camila Russo

Gitcoin Drops GTC Token to 25,500 Users; Now Worth More Than $100M

Gitcoin has been funding open source projects for a more decentralized web since 2017 and now it’s decentralizing itself. Yesterday the Ethereum-focused startup announced it will be now governed by a DAO and holders of its new token, GTC. The first step in this gradual decentralization was to issue 100 million GTC tokens, 15 million …

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Crypto Makes First Attempt to Recover After Worst Bloodbath in Over a Year

It’s bad out there — in the past 24 hours Bitcoin plunged as much as 30%, while Ether fell as much as 44%, crypto exchanges were down, price tracking websites collapsed, China crackdown news flashed, crypto Twitter panic ensued. All in all, a classic crypto sell-off. But there are signs the market is starting to …

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DeFi Fixed-Lending Protocol Notional Finance Closes $10M Round Led by Pantera

Notional Finance, a decentralized fixed-rate lending protocol built on Ethereum, closed a $10M Series A funding round led by Pantera with participation from ParaFi, 1confirmation, Spartan Group, Nascent, Nima Capital, and others.  “Notional’s mission is to bring fixed-rate borrowing and lending to Ethereum and take DeFi to a more mainstream audience that is interested in …

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IDEO Startups to Invest in Each Other Via New Founder Collective

IDEO today announced the IDEO Founder Collective, where founders of the design firm’s portfolio companies can invest in each others’ startups.  All 20+ members —including IDEO CoLab Ventures, the firm’s venture arm— are contributing an equal amount of equity or tokens in return for shared ownership in the collective. Besides participation in the group’s companies, …

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Injective Protocol Raises $10M at $1B Valuation From Investors Including Pantera

Injective Protocol, a decentralized derivatives exchange, said it raised a $10M at a $1B valuation from investors including Pantera Capital, BlockTower, Hashed, Cadenza Ventures (formerly BitMex Ventures), among others. Dallas Mavericks owner Mark Cuban also participated, while Cumberland, DRW’s crypto arm, disclosed its investment in the company. “Raising a sum of money so small relative …

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