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Security
Framework Ventures Leads $24M Round for Web3 Security Platform Immunefi
Immunefi focuses on bug bounties for crypto projects.

A16z Leads $51.5M Round for Web3 Fraud Protection Startup Sardine
Sardine customers include FTX and Blockchain.com.

BNB Chain, Blockchain Security Firms Start AvengerDAO to Protect Users
AvengerDAO will be run by the community with the ambition to set an industry standard for safe practices.

Cosmos' ATOM Gains, Bucks Post-Merge Lull on Outlook for New Uses, Better Security
Cosmos is likely to announce the interchain security feature next week, opening doors for the token to capture value from the entire network.

Bitstamp CEO on Regulatory Implications of Ethereum’s Proof-of-Stake Transition
“We feel that the marketplace is quite comfortable with the currency treatment of ETH as not a security,” Bitstamp USA CEO Bobby Zagotta says. He adds that staking shouldn’t affect that equation.

NFT Security Startup Tokenproof Raises $5M to Keep JPEGs Safe From Scammers
“A lot of people talk about the utility of NFTs, but there hasn't been the rails for the infrastructure to be able to unlock that utility in the real world,” Alfonso Olvera, CEO of Tokenproof told CoinDesk.

Grayscale, Disclosing SEC Queries, Says Cryptos XLM, ZEC, ZEN May Be Securities
Digital asset manager Grayscale Investments has been fielding questions from the U.S. Securities and Exchange Commission (SEC) over the firm’s "securities law analysis" of tokens in some of its less-popular crypto trusts. For the first time, Grayscale acknowledged that ZEC, ZEN and XLM “may currently be a security, based on the facts as they exist today.”

Former CFTC Commissioner Dawn Stump Joins Crypto Risk Monitoring Firm Solidus Labs as Adviser
The appointment reflects the broader trend of former top government officials taking roles at crypto firms after departing from their public service roles.
