L2 project LYNC completes $1.5 million Pre-Seed round of financing, with Movement Labs and others participating
On August 8th, L2 project LYNC completed a $1.5 million Pre-Seed round of financing, with participation from Movement Labs, Levitate Labs, Smape Capital, Amesten Capital, Aptos, 8186 Capital, LonghashX, Gabby Dizon of YGG, Rushi Manche and Cooper Scanlon of Movement Labs, and LAI Ho Tin of J17 Capital. The raised funds will be used to enable LYNC to have more mobile users on the chain and to provide personal entrepreneurs, developers, and founders with Rollup technology and an end-to-end mobile stack supported by Movement Labs to build encrypted native mobile applications and games.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hedera Token Sees $2B Trading Spike Amid 5% Rally
ChatGPT’s head of product to testify in the DOJ’s antitrust case against Google
Share link:In this post: ChatGPT’s head of product, Nick Turley, has been added as a witness for the United States Department of Justice (DOJ) in its antitrust case against Google. Nick Turley is the latest addition to the witness list that features representatives from Perplexity and Microsoft. Google ramps up preparation for Turley’s testimony by asking for documents related to the hearing from OpenAI through a subpoena.
SEC charges New York blockchain engineer over GME rug pull fraud
Share link:In this post: Eric Zhu settled SEC fraud claims for orchestrating a rug pull scheme involving Game Coin. Zhu allegedly misappropriated $553K by moving unlocked liquidity provider tokens to his control. The case marks one of SEC Chair Gary Gensler’s final enforcement actions.