Avantis Labs Raises $4M in Seed Funding
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Welcome back to Chain Reaction. We’re gearing up for the highly anticipated Sam Bankman-Fried trial. As for other news, it’s been an interesting and somewhat slower week for the crypto community.
As for other news, it’s been an interesting and somewhat slower week for the crypto community. On Sunday, Hong Kong-based crypto company Mixin lost around $200 million to hackers in a breach. The hack on Mixin is the biggest theft in the crypto world in 2023, according to data maintained by Rekt.
Avantis Labs, a decentralized finance (DeFi) derivatives ecosystem, has raised $4 million in a seed funding round led by Pantera Capital, the company’s