Mechanism Capital – DIGIT INFO

Decentralized science is like early DeFi in 2019: Crypto VC

DIGIT — Mon, 25 Nov 2024 01:18:12 +0000

Mechanism Capital’s Andrew Kang said DeSci protocols will likely change their existing models before evolving into more market-ready products.

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Ethereum could fall 30% after spot ETH ETFs launch — Crypto VC

DIGIT — Mon, 24 Jun 2024 05:15:57 +0000

Mechanism Capital’s Andrew Kang believes an Ether ETF would provide limited upside for the asset unless Ethereum “develops a compelling pathway to improve its economics.”

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Holograph fell 80% in 9 hours after exploiter mints 1B additional HLG

DIGIT — Fri, 14 Jun 2024 02:47:55 +0000

The 1 billion HLG tokens were worth $14.4 million at the time of the first mint, Etherscan data shows.

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Report Shows Crypto Startups Raised $30.3 Billion in H1 2022, Exceeding Total Raised in 2021

DIGIT — Sun, 07 Aug 2022 05:30:26 +0000

While cryptocurrency markets have seen poor performances during the first two quarters of 2022, a recently published fundraising report authored by Messari researchers notes that $30.3 billion was raised by crypto projects and startups during the first half of 2022. The $30.3 billion raised across 1,199 fundraising rounds surpasses all the funding blockchain startups and […]

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Near Foundation Raises $150 Million to Bolster Web3 Adoption

DIGIT — Fri, 14 Jan 2022 08:00:00 +0000

On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than 7% against the U.S. dollar. Near Foundation Gets a $150 Million Capital Injection The team behind […]

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