Dragonfly’s Origin Story Erupts as Alexander Pack Challenges Haseeb Qureshi on X

A public dispute between Dragonfly co-founder Alexander Pack and Managing Partner Haseeb Qureshi has spilled onto X, with a statement from Pack over who deserves credit for building one of crypto venture capital’s most prominent firms. Dragonfly Capital Feud Puts Spotlight on Firm’s 2018 Launch The dispute began after Haseeb Qureshi published an essay on … Read more

Andrena Raises $18 Million to Develop Solana-Based Depin Broadband Protocol Dawn

Andrena, a U.S.-based internet service provider, has announced the completion of an $18 million extended Series A funding round led by Dragonfly Capital, with participation from CMT Digital, Castle Island Ventures, Wintermute Ventures, 6th Man Ventures, and Parafi. The funds will be used to develop Dawn, a Solana-based decentralized broadband distribution network. Andrena Raises $18 … Read more

Uncovering Terra’s Implosion — Terraform Labs’ Big Name Backers and ‘Zero Exposure’ Claims

Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% during the past 24 hours. Amid the market rout, the native Terra blockchain token LUNA has dropped to fresh new lows, slipping to $0.0156 per unit. Terra’s founder Do Kwon revealed a plan on Wednesday, but after … Read more

Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise

The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last August when Dune Analytics raised $8 million. With the Series A and B combined, the firm has been propelled to unicorn status with a post-money … Read more

Defi Portfolio Tracking Startup Debank Raises $25M From Sequoia China, Crypto.com, Circle

The decentralized finance (defi) portfolio tracking startup Debank raised $25 million from investors according to an announcement on Tuesday. Following the equity financing round, Debank says it has an overall valuation of around $200 million. Defi Dashboard Debank Raises $25 Million 2021 was a good year for venture capital (VC) entering the crypto and blockchain … Read more

Crypto Data Firm Dune Analytics Raises $8M — Series A Round Led by Union Square Ventures

The team behind the platform that allows users to track data on the Ethereum blockchain, Dune Analytics, announced the firm has raised $8 million from strategic investors like Union Square Ventures. Dune Analytics detailed the firm plans to leverage the new financing in order to hire more help and monitor other blockchains. Crypto Metrics Provider … Read more

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