Payments giant PayPal and investment management firm Galaxy joined hands to raise $20 million in seed funding for Chaos Labs, a New York-based cloud platform for securing blockchains and protocols. Chaos Labs protects crypto protocols against external exploits and risks with an automated risk management platform. The platform does this by offering agent- and scenario-based simulations, which in turn, helps secure protocols against economic vulnerabilities and market manipulation events. The seed funding is aimed at helping Chaos Labs further automate on-chain risk optimization. 1/ We are thrilled to announce we have secured $20M in seed funding led by @galaxyhq and …

Angel investors and venture capitalists are two types of private investors who provide funding for early-stage and growth-stage companies. However, there are some key differences between them that we will cover in this article. Who are angel investors? High-net-worth individuals who invest in companies at an early stage in exchange for equity in the business are known as angel investors. They frequently invest their own funds and take a more active approach to investment, offering advice and mentoring to the businesses they support. The well-known angel investors in the crypto world include: Roger Ver — He is known as “Bitcoin …

The Solana Foundation, the grants program behind the Solana high-performance blockchain, has inked partnerships with cryptocurrency exchanges OKEx and MXC to launch two strategic investment funds designed to fuel the ecosystem’s expansion. The two funds, which are collectively valued at $40 million, will help Solana bring more of its decentralized applications and protocols to market. Anatoly Yakovenko, president of the Solana Foundation, said the blockchain platform has “grown multitudes in the past few months” both in terms of volume of projects and active developers. He said the Solana team will work alongside its new funders to “support the next wave …