CertiK Ventures Unveils $45M War Chest: Is Web3 Security the Next Big Bet?

Quick Summary:

On September 19, CertiK Ventures announced a $45 million investment intended to nurture high-potential projects to bring more integration and security to the Web3 ecosystem.

The investment arm of CertiK is looking to expand Web3 adoption and has made a significant, multimillion-dollar investment in fostering new initiatives in the industry called Certik Ventures.

Meanwhile, the hacker has already managed to withdraw more than $9.7 m.-most in stablecoins-and continued converting USDC and USDT into ETH.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Teuta

Category: Crypto

Markets: IndiaCroatiaCuba

Topics: 24/7 Cryptocurrency News Stablecoin News Stablecoin Web3

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-19 @ 20:51:20 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 272 words

Reading Time: 2 minutes read

Sentences: 31 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22607544

View Article Analysis

About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 19 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions