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Solana has announced an upcoming DeFi hackathon offering $200,000 in seed funding from the Solana Foundation.The hackathon, which is scheduled to take place from Feb. 15 through March 1st, will be hosted in partnership with Sam Bankman-Fried of FTX’s Project Serum. Bankman-Fried will also offer mentorship to hackathon participants alongside
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An offline mobile map for travelers has raised $50 million in a seed-funding round led by Alameda Research.Announced Monday, the funding will go toward the launch of a multi-currency wallet on Maps.me and enable a decentralized finance (DeFi) ecosystem on the offline mobile map platform.Cryptocurrency lender Genesis Capital and institutional
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An upcoming DeFi project positioning itself as the best cross-chain liquidity aggregator, Router Protocol has announced a successful conclusion of its first seed funding round. The project has raised a total of $ 480,000 from a prominent consortium comprising of crypto, fintech and DeFi investors based out of Singapore, India
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Nord Finance further streamlines its initial roadmap by launching its IDO public sale on the leading cross-chain auction protocol PolkaStarter to conduct a fair launch in a decentralized manner without any manipulations.Nord Finance team is overwhelmed to announce that they have successfully closed their seed and private sale funding rounds
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The decentralized protocol says its offerings of fixed-rate lending and interest-rate derivatives will place it in a unique position in Defi Source
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Lisbon-based non-fungible token (NFT) platform Mintbase has closed a $1 million seed funding round.The round, led by Chinese venture capital firm Sino Global and with participation from D1 Ventures, Block Oracle Capital, Arweave and angel investors, is meant to help Mintbase stand out from a growing pack of NFT platforms.“Being
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Axelar, a decentralized protocol designed by the founding members of Algorand to allow cross-blockchain communication, has raised $3.75 million in seed funding.Announced Thursday, the round saw participation from investors including Binance X, the investment arm and accelerator of cryptocurrency exchange Binance, as well as San Fransisco-based venture capital firm DCVC
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Panxora Digital Ventures has launched its hybrid seed funding solution to revive the sluggish capital market for emerging Blockchain token projects. The companies’ hybrid model creates
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An unsurprising statement from a financial regulator is sending some welcome signals that point to a spurt of innovation ahead.The U.S. Office of the Comptroller of the Currency (OCC) issued a statement earlier this week saying that national banks can provide services to stablecoin issuers in the U.S. This is not
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