Emerging managers shouldn’t be in a rush for an initial close even in this market

Fundraising has come in has become increasingly difficult over the past year for funds of all levels, especially emerging managers. In the first quarter of 2023, venture companies led by emerging managers raised $1.62 billion, just 13% of total capital raised in the US, according to PitchBook. Emerging managers and new funds entering the market … Read more

LayerZero and Immunefi Launch the Largest Cryptobug Bounty Program With Up to $15M in Rewards

LayerZero Labs, the team behind cross-chain messaging protocol LayerZero, is teaming up with bug bounty and security services platform Immunefi to launch a $15 million bug bounty for its protocol, LayerZero co-founder and CEO Bryan Pellegrino told Exclusive to Acutely.info. The bug bounty alliance offers a maximum reward of $15 million for each new vulnerability … Read more