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18:09:07:18
Cryptogpt
Crypto Market Maker DWF Labs’ More Than $200M in Deals Blur What ‘Investing’ Means
DWF Labs made headlines with flurry of investments in crypto projects such as CryptoGPT or Synthetix. A closer examination reveals that many of their deals aren’t typical venture capital investments. However, the firm says it’s all a misunderstanding.
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CryptoGPT Reaches $250M Valuation After $10M Raise
Zero-knowledge (ZK) layer 2 blockchain CryptoGPT has cashed in on the recent surge in interest around artificial intelligence (AI) to raise $10 million in funding. The Series A round, which was led by market maker DWF Labs – which has emerged as one of the most active investors during the crypto bear market – gave the AI-focused blockchain a $250 million valuation, according to a statement. "The Hash" panel discusses the outlook for the intersection of crypto and AI.
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