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Solayer Secures $12 Million to Enhance Solana’s Restaking Capabilities

Solayer has raised $12 million in a funding round led by Polychain Capital to advance its integrated restaking network on the Solana blockchain. The initiative aims to address Solana’s scalability…

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2 Bitcoin L2 Projects Secure Investments to Enhance Bitcoin’s Defi Capabilities

On Tuesday, two Bitcoin-centric layer two (L2) initiatives successfully secured funding from strategic investors. Botanix Labs, a startup focused on developing a decentralized Turing-complete L2 EVM (Ethereum Virtual Machine), garnered…

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Uniswap’s $165 Million Series B Capital Raise One of the Largest by a Crypto Firm in 2022

Uniswap Labs, the firm behind the Uniswap decentralized exchange protocol, announced on Thursday that it raised $165 million in a Series B funding round. According to one report, the capital…

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Africa-Focused Crypto Exchange Yellow Card Raises $40 Million via Series B Round

Africa-focused crypto exchange Yellow Card recently revealed it has closed its $40 million Series B funding round. The exchange’s announcement of its latest capital raise comes just over a year…

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Landfill Gas Mitigation Firm Vespene Energy Secures $4.3M to Bolster Gas-to-Bitcoin Solutions

On August 9, a firm that uses landfill methane to fuel bitcoin miners, Vespene Energy, announced the company has raised $4.3 million in a funding round led by Polychain Capital.…

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Socialite Paris Hilton Backs $20 Million Strategic Investment in NFT Protocol Origyn

The non-fungible token (NFT) project the Origyn Foundation announced on Tuesday the team received a strategic investment of $20 million from a myriad of investors. Hilton hotel heiress Paris Hilton…

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Finance Redefined: Acala wins Polkadot parachain, and Iota set to launch Shimmer, Nov. 12–19

Acala was victorious in Polkadot’s first parachain auction, Iota announced its staking network, and Uniswap liquidity providers lose money — all coming to you in this week’s Finance Redefined.

Continue ReadingFinance Redefined: Acala wins Polkadot parachain, and Iota set to launch Shimmer, Nov. 12–19