Venture capitalists have pumped billions into the DePIN sector already, with some dedicating entire funds to DePIN protocols. Although DePIN projects currently have a combined market capitalization of tens of...
Venture capitalists have pumped billions into the DePIN sector already, with some dedicating entire funds to DePIN protocols. Although DePIN projects currently have a combined market capitalization of tens of...
Ethena Labs raised $14 million including from PayPal Ventures, Franklin Templeton, joining earlier investors Dragonfly, Arthur Hayes' Maelstrom and several derivatives exchanges. The company opened public access to its ether-based,...
UPDATE (Feb. 16, 2023, 17:17 UTC) : This story has been revised to reflect that the original statement CoinDesk based its story on has been revised. Confusion surrounded an announcement...
Daniel Kuhn is a features reporter and assistant opinion editor for CoinDesk's Layer 2. He owns BTC and ETH.Haseeb Qureshi is a managing partner of Dragonfly Capital, a well-watched crypto...