Blockaid Lands $40M in Funding Commitments Following Binance’s $6.3B Hack
Photo: TheCoinrise
The security firm's fundraising comes as the crypto industry reassesses defenses after one of the largest exchange breaches on record Blockaid has secured $40 million in funding commitments, according to reports published this week. The announcement comes in the immediate aftermath of a $6.3 billion hack affecting Binance, one of the largest crypto exchanges by trading volume. The timing of the funding news has drawn attention from industry observers. Reports frame the raise as part of a broader response to renewed concerns about crypto security following the breach.
Source: TheCoinrise
