Sequoia Sues Crypto Exchange Binance After Investment Deal Collapses
The founder of the Binance exchange is facing a lawsuit in Hong Kong over allegations he breached an exclusivity agreement with a big-name investor.
The $323 million in funding from crypto notables, including Ribbit Capital and Sequoia, brings Robinhood's valuation to $6.7 billion.
Binance CEO Changpeng Zhao is taking Sequoia Capital back to court, claiming the VC firm hurt his reputation.
Band Protocol 2.0 launched Wednesday with its mainnet oracle solution, BandChain, leveraging the Cosmos SDK from Tendermint Labs.
Sequoia India has led a $3 million funding for Band Protocol, a startup that incentivizes reliable content producers with token rewards and staking.
Blockchain startup Nervos Network just raised $28 million from Sequoia China and Polychain, as well as several token funds and traditional VCs.