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Lens Protocol raises $15m to foster decentralized social networking

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Aave’s Lens Protocol, aspiring to decentralize the social media landscape, has successfully secured $15 million in funding to bolster its mission of democratizing internet usage and offering users greater control over their data. Lens Protocol, a web3

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HyperPlay raises $12M in Series A funding round

On June 8, HyperPlay — a Web3-native game launcher — said it closed its Series A funding round after raising $12 million from investors, including co-leaders Griffin Gaming Partners and Bitkraft Ventures. Other investors include MetaMask’s parent company ConsenSys, Ethereal Ventures, Delphi, Game7, Mirana Ventures and Monoceros Ventures.HyperPlay, which was established

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Rapid growth in DeFi-focused Ethereum liquid staking derivatives platforms raises eyebrows

Ether’s (ETH) DeFi activity has declined in the bear market and the sector faces further competition from Ethereum’s annual staking reward of 4%, according to Glassnode analysts. However, a DeFi narrative is building around liquid staking derivative (LSD) tokens that could revive Ethereum’s network activity.The percentage of gas consumed by

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Evertas expands crypto insurance offerings to include mining and raises limits

Evertas, an insurance company focused on digital assets, recently announced an increase in coverage limits and the addition of mining operations to its coverage portfolio.The insurer’s per-policy coverage limits on custodial cryptoassets will increase to $420 million, “nearly tripling the amount of risk transfer previously available to blockchain focused projects," according

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