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Remittances are one of the most compelling use cases for stablecoins, offering fast, non-stop settlements and cheap transactions using blockchains as payment rail. Original Source
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"We are very excited for Cosmic Wire's Web3 infrastructure to be built on the Solana network," said Johnny Lee, general manager of games, entertainment, and media at Solana Foundation, in a press release. "Their metaverse SDK solutions significantly reduce development times of high-fidelity, 3D, browser-based metaverse experiences with e-commerce of
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“We are excited to see Manta expanding into the Ethereum ecosystem, and have doubled down on our investment this Series A round,” said Luke Pearson, Investor at Polychain Capital. “Manta Pacific will leverage the performance capabilities of the modular ecosystem, whilst also allowing increasing access to ZK through Universal Circuits,”
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Other participants in the funding round included Spartan, Amber Group, CMT Digital, Hashkey, GSR, KuCoin Ventures, liquidity provider Paradigm.co, Pirata Capital, Breed VC, and WAGMI Ventures. The round takes Credora up to $16 million in total funding. Original Source
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“The majority of today’s ETH staking protocols – which, even after Shanghai, will require node operators to voluntarily return stakers’ assets upon request – could pose a serious threat to the ETH ecosystem if they were to fail,” Hayes said in a statement to CryptoX, referring to Ethereum's Shanghai upgrade
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The startup offers an automatic economic security system and simulation engine for decentralized finance projects. Source
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Adam Back did not comment on the exact size of the offering and who the top backers are this time. However, he made it clear that the funds will be used to expand the company’s mining capabilities.Blockchain technology firm Blockstream has recorded a significant valuation drop in its latest funding
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The raise could end up being for FTX International and FTX US combined. Original Source
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“TRM has differentiated itself as the premier blockchain intelligence solution to the public and private sector, with a unique breadth of asset coverage, cross-chain analytics and level of product innovation,” said Thoma Bravo Principal Christine Kang in the press release. “In the rapidly evolving regulatory landscape, TRM’s capabilities are ever
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Arco, which offer lending and staking services, intended to raise funds on Oct. 29 in an initial DEX offering (IDO), which is a form of decentralized crowdfunding. DeFi is an umbrella term for lending, trading and other financial activities carried out on a blockchain without traditional middlemen. Source
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