Sky Mavis, the company behind the hit non-fungible token game Axie Infinity, announced on Wednesday that it raised $150 million to help restore funds stolen in a hack that was discovered last week. Binance, a crypto exchange that also invests in other startups, led the round and was joined by investors including Animoca Brands, Andreessen Horowitz, Dialectic, Paradigm and Accel. The round, as...
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What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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