News linked to both this project and an event.
According to Fortune, payments infrastructure startup Fun has announced a $72 million Series A funding round, co-led by Multicoin Capital and SignalFire, with participation from Infinity Ventures, Pharsalus Capital, and Justin Mateen, co-founder of Tinder. Fun primarily provides cryptocurrency and fiat deposit/withdrawal infrastructure for platforms such as Polymarket, Lighter, and Aave, processing over $18 billion in annual payments. The company plans to use the new funds to expand its team of approximately 30 people.
following the rsETH incident on April 18, Aave has initiated a rescue plan called DeFi United. Led by Aave founder Stani Kulechov, the initiative calls on the community to donate ETH through a public fundraising campaign.The latest data shows that DeFi United has raised over 100,000 ETH, valued at more than $232 million, with over 85,000 addresses participating.