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Latest from Tracy Wang
Token Management Platform Magna Raises $15M Seed Round at $70M Valuation
Investors in the round included Tiger Global, Tusk Venture Partners, Circle Ventures and Shima Capital.

Crypto Giant FTX Eyes Raising Money to Fund Acquisitions: Source
Sam Bankman-Fried’s exchange is raising capital as it considers a retail-focused deal, a person familiar with the matter said.

Controversial Crypto Lawyer Kyle Roche Pulls Out of Nexo, Binance.US, Solana and Dfinity Lawsuits
The new withdrawals come a day after Roche filed to withdraw from class-action lawsuits involving Tether, Bitfinex, TRON and BitMEX.

Crypto Lawyer Kyle Roche Withdraws From Tether, Bitfinex, TRON and BitMEX Lawsuits After CryptoLeaks Scandal
The founding partner of upstart law firm Roche Freedman had been accused of starting frivolous class-action lawsuits to harm competitors of blockchain project Avalanche.

Crypto Startup Salaries: Here’s How Much Devs and Others Get Paid
A new Framework Ventures compensation survey of 18 companies it backed sheds light on crypto salaries and token allocations.

‘Obvious Nonsense’: Prominent Blockchain’s Founder Dismisses Smear Campaign Allegation
Avalanche founder Emin Gün Sirer said the allegations – which drove the AVAX token down about 11% – are “categorically false.”

FTX Could Buy BlockFi for Only $15M – or a Lot More If Crypto Lender Hits Big Goals
FTX’s option to acquire BlockFi includes performance targets around a key SEC approval and more than doubling client assets that boost the purchase price to $240 million, people familiar with the matter told CoinDesk.

Jump Crypto Picked to Revamp Solana to Make Blockchain More Reliable
The crypto trading firm and builder is reupping its commitment after the once-hot blockchain hit potholes.

Cashmere Raises $3M at $30M Valuation to Build Solana Enterprise Wallet
Investors in the seed funding round included Coinbase Ventures, FBG Capital and YCombinator.

Master of Anons: How a Crypto Developer Faked a DeFi Ecosystem
The Macalinao brothers used a web of bogus identities to create the illusion of a dev community, juicing value on the Saber protocol and Solana blockchain. Now they're moving to Aptos.
