Conic Finance completes $1 million financing at a valuation of $17 million.
2023-07-30 13:30
Odaily News: Conic Finance tweeted that it has raised $1 million in funding at a valuation of $17 million, with investment from Curve founder Michael Egorov.
The funding will be used for Conic's development work, particularly to cover the upcoming audit fees. Previously, Conic suffered two hacking attacks, resulting in losses of $3.26 million and $300,000 respectively.
The funding will be used for Conic's development work, particularly to cover the upcoming audit fees. Previously, Conic suffered two hacking attacks, resulting in losses of $3.26 million and $300,000 respectively.
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