Jump Crypto – DIGIT INFO

Wormhole raises $225M at $2.5B valuation

The protocol reached a total value locked of $3.8 billion at its peak.

Blockchain developers launch $50M fund to increase Wormhole adoption

Wormhole is a cross-chain messaging protocol often used to transfer assets from one blockchain to another

Jump Crypto & Oasis.app counter exploits Wormhole hacker for $225M

The counter exploit came after the High Court of England and Wales ordered Oasis.app to work with Jump Crypto to retrieve the stolen funds.

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Gamefi-Focused Oasys Blockchain Launches Mainnet With Support of Sega, Ubisoft, and Bandai Namco

Oasys, a Web3, EVM-compatible, gamefi-focused blockchain project, launched the first phase of its mainnet on October 25th. The company, which has gathered support from AAA gaming companies such as Sega, Ubisoft, and Bandai Namco, will start validating blocks from all nodes in preparation for its definitive activation slated to happen on November 8th. Oasys Launches […]

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VC-Backed Blockchain Project Aptos Reveals Protocol’s ‘Mainnet Has Arrived’

A new layer one blockchain network called Aptos announced the launch of its mainnet on Monday, following a slew of capital injections from a number of venture capital (VC) firms. The blockchain protocol, crafted with a Rust-centric programming language dubbed Move, is backed by VC companies such as Parafi, Andreessen Horowitz (a16z), FTX, and Multicoin […]

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Web3 and Crypto Checking Account Startup Juno Raises $18M, Airdrops Reward Token JCOIN

Juno, the Singapore-based Web3 crypto firm that offers customers checking accounts tied to crypto assets, has raised $18 million in a Series A financing round led by Parafi Capital. The fresh capital follows the startup’s seed round in 2019 when Juno raised $3 million from investors. Juno Raises $18 Million in a Funding Round Led […]

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Sui Developer Mysten Labs Raises $300 Million to Address Web3 Scalability

Mysten Labs, developer of a new blockchain project called Sui, raised $300 million in its latest funding round. The round, which was led by FTX ventures, also had the support of A16z crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, and Coinbase Ventures, among others. The funds will be directed to continue growing Sui’s infrastructure […]

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Class-Action Lawsuit Accuses Terraform Labs of Misleading Investors

Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number of other crypto companies over the collapse of terrausd (UST). The case against Terraform Labs (TFL) was filed by the plaintiff Nick Patterson on behalf of others similarly situated and the law firm Scott+Scott LLP. […]

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Jump Crypto Replaces $320 Million in Ethereum Taken From Wormhole Exploit

On February 2, 2022, the Wormhole Network’s ethereum ↔ solana bridge was exploited for 120,000 WETH (wrapped ethereum) worth $320 million and the following day, the team explained that “all funds have been restored and Wormhole is back up.” The team has also said a “detailed incident report” will be published soon. Wormhole Network Returns, […]

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Jump Crypto replenishes funds from $320M Wormhole hack in largest-ever DeFi ‘bailout’

The venture capital firm dug into its own pockets to restore trust in the Wormhole ecosystem.

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