Tuesday, October 4, 2022
Home > Protocol

a16z leads $40M raise for decentralized knowledge protocol

Decentralized knowledge protocol Golden has closed a $40 million funding round led by venture firm Andreessen Horowitz, or a16z, with additional participation from Protocol Labs, OpenSea Ventures and the founders of Solana, Dropbox, Postmates and Twitch, among others. In addition to leading the Series B funding round, Andreessen Horowitz’s general partner

Read More

A16z Leads $40M Funding for Web3 Data Protocol Golden

“Knowledge is fragmented; to find reliable information, one needs to search across centralized repositories, personal webpages, news sites, blogs, and private databases. The world lacks a standardized interface for discovering, contributing and verifying knowledge,” wrote Golden founder and CEO Jude Gomila in the announcement. “Creating this interface in a scalable

Read More

Circle Launches Cross-Chain Transfer Protocol, USDC Issuer Acquires Payment Orchestration Firm Elements – Bitcoin News

On Thursday, at the Converge22 event in San Francisco, Circle announced the acquisition of the payment orchestration company Elements. Circle explained that the acquisition includes plans to “quickly scale payment offerings.” Circle says the new service will make it easier for merchants to integrate their existing points of contact with

Read More

Circle Expands USDC Stablecoin to Five New Chains, Unveils Cross-Chain Transfer Protocol

As a result of the expansion, USDC will be available on 14 blockchains, having been issued previously on Algorand, Avalanche, Ethereum, Flow, Hedera, Polygon, Solana, Stellar and Tron. Its main rival, the $68 billion USDT, circulates on 13 chains and looks to expand to Polygon, according to Tether's website. Source

Read More

SWIFT Partners With Crypto Data Provider Chainlink on Cross-Chain Protocol in TradFi Play

SWIFT’s Strategy Director Jonathan Ehrenfeld Solé said that one of the reasons working with Chainlink on CCIP has been successful is that there is “undeniable interest” in crypto from institutional investors. Traditional finance (TradFi) players want access to various digital and traditional assets on one network that can connect different

Read More

DeFi lending protocol created by ex-QuadrigaCX co-founder surpassed $50M in TVL

According to DeFi Llama, UwU Lend, a decentralized finance, or DeFi, protocol that acts as a money market on the Ethereum blockchain, has surpassed $50 million in total value locked (TVL). The non-custodial protocol was created by Michael Patryn, known by the pseudonym "Sifu," who was the co-founder of defunct

Read More