Ava Labs raises $350M at $5.25B valuation: Report
The raise comes as total value locked on the Avalanche blockchain remains steady at around $14.6 billion.
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Terra’s Cross-Chain Bridge Now Supports Solana, Avalanche, Fantom, Moonbeam, Osmosis
Terra Bridge, the cross-chain bridge protocol now supports Solana, Fantom, Moonbeam, Osmosis, and Avalanche according to Terraform Labs CEO Do Kwon. “Easiest way to move funds in crypto,” the Terraform…
Uniswap Launches a Venture Arm to Accelerate Web3 Development
Uniswap Labs – the organization behind the popular DeFi exchange – announced the launch of Uniswap Labs Ventures. As such, it intends to “bring millions of people into the emerging…
Crypto Portfolio Manager CoinStats Fetches $3.2M on Fresh Funding Round
Crypto research and portfolio tracker, CoinStats, raised $3.2 million in the latest funding round led by Alex Pack’s Hack VC. Other participants also included a myriad of other funds, including…
Total Value Locked in Defi Takes a Hit Losing $21 Billion in 6 Days
Over the last six days, the total value locked (TVL) in decentralized finance (defi) has dropped 9.21% from a high of $232.88 billion on April 5, to today’s $211.43 billion.…
Solana NFT marketplace integration and DApp metrics shine even after SOL’s 20% drop
SOL price gave up a chunk of its recent gains, but data shows there are strong reasons for investors to remain bullish.
Ethereum vs DeFi 1.0 In the Last Year: Which Was The Better Investment?
The cryptocurrency community oftentimes pins subsets of the industry against each other. Back in 2020, we saw what most remember as DeFi Summer – a period of a few months…
Near Protocol eyes a Terra-like price rally after new $350M funding raise
NEAR's price could extend gains following the launch of a new algorithmic stablecoin USN.
OpenZeppelin Found Potential $15B Rugpull in Convex Finance
OpenZeppelin, a security audit company for Coinbase, identified $15B rugpull vulnerabilities in Convex Finance, whose anonymous developers later resolved the risk. The surprising discovery occurred during a security review of…
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