$300M incentive program backs 100% rally in Harmony (ONE) price
ONE price gained more than 100% after announcing plans to launch a $300 million ecosystem development fund.
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Stanford researcher-led Pledge raises $3M for decentralized lending protocol
Researchers from Stanford University and U.C. Berkeley contributed to the development of the crypto-asset lending platform.
Multicoin Capital leads Eden Network’s $17.4M seed raise
Ethereum’s London hard fork went live on Sunday. The transition has important implications for mining pools, which have begun deploying miner extractable value solutions to increase revenues.
SubQuery raises $9M for Polkadot data protocol
Blockchain venture capitalists continue to fund Polkadot projects with growing conviction. SubQuery aims to bring data indexing infrastructure to the network.
Pantera-backed Braintrust launches token on Ethereum mainnet
Since inception, the project has raised a cumulative $31 million from investors, which include some of blockchain’s biggest venture funds.
a16z shines the spotlight on DAOs by leading Syndicate’s Series A
Syndicate’s vision for decentralized autonomous organizations was one of the biggest selling points for Andreessen Horowitz.
3LAU introduces blockchain music platform Royal with $16M raise
The upcoming blockchain-based music investment platform is open to using different blockchain technologies.
Hacked Liquid exchange receives $120M debt funding from FTX
The funding comes soon after Liquid suffered a major hacking incident last Thursday when the exchange’s warm wallets were compromised.
Mark Cuban-backed Alethea AI closes $16M private token sale
Venture funds and other strategic investors have recognized the value proposition of NFT marketplaces. Some of blockchain’s biggest investors are behind the Alethea AI token sale.
Publicly-backed XREX raises $17M to solve dollar liquidity issues through blockchain
Blockchain technology is being posited as a potential solution to U.S. dollar liquidity issues in emerging markets.