Orchid Tops $43 Million Raised in Token Sale for Crypto Tor Alternative

The project behind a blockchain protocol designed to enable private internet browsing has raised another $7 million in funding, CoinDesk has learned. According to the company, Orchid Labs has now raised a total of $43 million on an offered $125 million in a pre-sale of a token that will power its still-in-development technology. “Orchid Labs’ mission is […]

Leaked Letter Exposes Infighting Atop Flagship Ethereum Project MakerDAO

The non-profit entity behind ethereum’s hottest decentralized startup is wracked with infighting, a legal letter obtained by CoinDesk reveals. The letter, dated April 1, is from an attorney representing five board members of the Cayman Islands-based MakerDAO Ecosystem Growth Foundation (MEGF) who say they were pressured to resign by CEO Rune Christensen in late March. […]