“[W]e do not believe Wormhole offers the most secure or decentralized bridging option,” wrote Porter Smith, a partner at a16z Crypto, citing last year’s $326 million hack of the Wormhole platform as a key factor in the firm’s opinion. An a16z representative also told CoinDesk the firm took issue with the process the DAO used to assess different bridge options, suggesting the community re-do the vote after completing a more formal review of the bridge contenters.
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StoryCo Raises $6M to Decentralize Storytelling
StoryCo also revealed its first narrative experience, The Disco Ball, which will be released in 2023. The “immersive and collaborative storytelling experience” will be...