Crypto is notorious for scams and hacks—a situation that not only results in billions of dollars lost every year, but an ongoing stain on the industry's reputation. There are signs, however, that the industry is starting to take security more seriously.
This includes an announcement on Monday by Tel-Aviv-based Blockaid that it's raised a $33 million Series A round led by Ribbit Capital and Variant, with contributions from Cyberstarts, Sequoia Capital, and Greylock Partners.
