Winklevoss Capital Invests in Octane

This is a San Francisco news story, published by CoinGape, that relates primarily to VC Firm news.

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Gemini founders

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Business

Business & Economics

Gemini-Backed Octane Raises $6.75M - Is AI the Answer to Crypto Hacks?

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72% Informative

In 2024 alone, the amount of cryptocurrency stolen through hacking surged by 21% compared to the previous year , totaling approximately $2.2 billion .

In a bet to combat this, Gemini founders’ VC Firm , Winklevoss Capital , is investing in a San Francisco -based AI Cybersecurity start-up to mitigate the threat.

CoinGape is a burgeoning blockchain and crypto media company.

It was recently awarded as the Best Crypto Media Company 2024 at Global Blockchain Show , Dubai .

It is a team of experts who take great pride in offering unbiased and well researched information to help readers make informed decisions.

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