According to DLNews, Solana co-founder Stephen Akridge is suspected of hiding millions of dollars in collateral payments during his bitter divorce from his ex-wife, Elisa Rossi. Rossi filed a lawsuit in California state court seeking the withheld collateral award. The couple's marriage lasted nearly a decade, during which they amassed a wealth largely derived from Akridge's founding role at Solana Labs. According to the lawsuit, Rossi claims that the divorce process was long and contentious. As ...
New York City Mayor Eric Adams expressed satisfaction with his cryptocurrency salary decision as the price of bitcoin rose close to $100,000 this year, according to DLNews. "Remember when I first got paid in bitcoin and you all laughed at me, who's laughing now?" he said at a news conference on Tuesday. When he took office in January 2022, Adams converted about $30,000 of his salary for the first three months into bitcoin and ethereum. According to the latest financial disclosure statement, its ...
On September 10th, according to DLNews, venture capital firms Paradigm and Notation Capital invested in the seed round of friend.tech at an undisclosed valuation. Many cryptocurrency investors bought the project's FRIEND tokens. It is reported that the number of new users friend.tech daily has dropped to single digits, and the daily fees incurred have also dropped from $2 million to less than $100. Previously, the Friend.Tech team gave up control of smart contracts after growth stalled.
According to PitchBook data cited by DLNews, crypto startups have raised $2.70 billion in Q2 and raised 503 rounds. The amount of financing increased by 2.5% compared to the previous quarter, but the number of transactions decreased by 12.5%. PitchBook said it expects the volume and pace of investment to continue to grow throughout the year as investor sentiment picks up.