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Vessel Capital, a venture capital firm, declares that it has $55 million in funds to invest in Web3 infrastructure and applications, particularly in promising…

Vessel Capital, a web3 venture fund, has emerged from stealth with $55 million to invest in infrastructure and applications.

A Banksy piece called "Morons (White)" was intentionally destroyed, then digitized as a non-fungible token, or NFT.

Injective Protocol raises $10 million from Mark Cuban and other investors Decentralized derivatives exchange Injective Protocol has raised $10 million in a new funding round. Several investors, including billionaire entrepreneur Mark Cuban, Pantera Capital, BlockTower, Hashed Ventures, CMS Holdings, and QCP Capital, participated in the round. "This was a private placement token sale," Mirza Uddin of Injective Protocol told The Block. "We sold tokens with a lockup period at a $1 billion+ valuation." The lockup period is one year, said Uddin. Injective Protocol's native token INJ is already liv...

Decentralized derivatives exchange Injective Protocol has raised $10 million in a “party funding round” from new investors. What Happened: According to TechCrunch, billionaire investor Mark Cuban has made a strategic investment in the project, joining other high-profile venture firms like Pantera Capital, BlockTower, Hashed, Cadenza Ventures (formerly BitMex Ventures), CMS, and QCP Capital. "This was a private placement token sale," Mirza Uddin of Injective Protocol told The Block on Tuesday. "We sold tokens with a lockup period at a $1 billion+ valuation." The lockup period for investor...