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XLD Finance, which offers cross-border decentralized finance (DeFi) tools for emerging markets, raised $13 million in a pre-Series A funding round led by Dragonfly Capital and Infinity Ventures Crypto. The funds will go toward product development and hiring engineers, according to a press release provided to CoinDesk. Original Source
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The funding will fuel ecosystem growth for the aggregator of cross-chain bridges and decentralized exchanges. Source
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Bitcoin miner TeraWulf agreed to an additional $50 million in loans with existing lender Wilmington Trust as it looks to complete the data center infrastructure at its Lake Mariner facility in New York and Nautilus Cryptomine facility in Pennsylvania. Original Source
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South Africa-based H20 Securities has reportedly raised $150 million from the GEM Digital investment firm through the sale of the H20N token.By investing such a tremendous amount, GEM Digital will hold H20N tokens, which will be used to guide funding in water delivery infrastructure in areas that lack sufficient access
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The back-and-forth over how “broker” will be defined, as well as the challenges of implementing a reporting regime, are likely to blame for the potential delay. However, no final decision has been made on whether the reporting requirements will be delayed or, if they are, how long the delay will
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Circle signed a definitive agreement to acquire digital asset infrastructure platform Taiwan-based Cybavo for an undisclosed amount. Source
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“We are proud to back Orderly as they build out top-performing infrastructure and deep liquidity on Near,” said Kyle Davies, co-founder at Three Arrows Capital, in a statement. “Infrastructure being built for traders by traders results in better products that are designed to meet the specific needs and provide the
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InfStones offers an Amazon Web Services-like node management platform and application programming interface (API) for Web 3 developers. The platform provides access to protocol consensus and proof-of-stake staking benefits, plus the ability to run validator nodes, access on-chain data and build multi-chain decentralized applications. InfStones supports nodes on BNB Chain,
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Cryptocurrency markets remain caught in a macro-based downtrend, with Bitcoin (BTC) and Ether (ETH) showing further signs of weakness at the end of April. But, venture capital activity in the crypto and blockchain sectors is the strongest it has ever been, offering further evidence that major investors are looking beyond
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