Thursday, April 25, 2024
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Polychain Capital Co-Leads $25M Fundraise for Manta Network Developer

“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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Manta Network developer raises $25M in Series A, launches layer 2 for ZK apps

P0x Labs, the cryptographic development team behind Manta Network, has announced that it raised $25 million in a Series A funding round, with leading contributions from Polychain Capital and Qiming Venture Partners. The funding gives the company a $500 million valuation.Additionally, Manta Network has introduced the testnet of its layer-2

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Latin American Crypto Firm Bitso Joins Stellar Network (XLM) to Boost International USDC Payments

“In recent years, we have seen an increase in cross-border payments globally for both international commerce and remittances. By leveraging blockchain technology and crypto assets, we can significantly improve settlement times and overall costs,” Santiago Alvarado, SVP of Institutional Product at Bitso, said in the statement. Source

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Celo Proposes to Ditch Own Standalone Blockchain for Layer-2 Network on Ethereum

The existential change could simplify liquidity sharing between Celo and Ethereum while boosting security and facilitating a seamless developer experience, according to the post. Celo already runs the Ethereum Virtual Machine, which means it supports smart contracts in a language similar to what Ethereum developers use to write code. Source

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Binance integrates The Bitcoin Lightning Network

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance, a cryptocurrency trading platform, has successfully integrated the Bitcoin Lightning Network. Users can now make bitcoin deposits and withdrawals.  The announcement comes a little under a month after the exchange revealed its intentions to incorporate the Bit Lightning

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Binance completes integration of Bitcoin Lightning Network

Cryptocurrency exchange Binance has announced it has successfully integrated Bitcoin (BTC) on the Lightning Network, enabling the use of the layer-2 scaling solution for Bitcoin withdrawals and deposits.Binance confirmed the news in a July 17 blog post, where they explained that Binance users can now access their BTC deposit address

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