It follows the dismissal of the SEC's case against Coinbase, while other crypto firms still await confirmation of their cases being dropped.
The announcement follows recent raises by Utila, Crossmint and Reown as investment in crypto wallet infrastructure gains pace.
Utila provides digital asset infrastructure for institutions, focusing on stablecoin payments and tokenization.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The funds include a $500,000 private sale hosted on Echo, a platform founded by crypto trader Jordan Fish (aka Cobie).
The Abstract Chain wallet draining compromise appears to relate to connecting to the onchain fantasy game Cardex.
Proton, known for its privacy-focused solutions like Proton Mail and Proton VPN, has rolled out its Bitcoin wallet to all users.
Initially launched as a Solana non-custodial wallet, Phantom now also supports the Bitcoin, Ethereum, Polygon and Base blockchains.
Balland was allegedly held captive for a day, during which kidnappers demanded a substantial ransom in cryptocurrency.