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Fancred Raises $3M

Fancred, a sports-based networking app, has raised $3 million in funding. The investment was led by existing shareholders, Atlas Ventures and Militello Capital, as well as first time investor Breakaway Innovation Group. The funding, follows an initial seed investment of $1.5 million.

[Image courtesy: Fancred]

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Island raises $175M

Dallas, Texas-based enterprise browser company Island raised $175 million in Series D funding, raising the company's valuation to $3 billion.

Binance founder Changpeng ‘CZ’ Zhao sentenced to 4 months in prison — Gizmodo

Zhao pleaded guilty to money laundering violations as part of Binance’s agreement with the United States Department of Justice, writes Maxwell Zeff in Gizmodo.