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On Friday, Gitcoin community members passed a governance proposal with almost unanimous support to formalize a relationship with the index provider Index Cooperative, and transfer 100 ether (ETH) worth $164,600 into two liquidity pools meant to “ensure deeper liquidity and reduce swapping fees for moving into gtcETH,” according to a
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The Den co-founders, the duo behind the viral hit ConstitutionDAO, says solving coordination issues is the biggest challenge for on-chain organizations. Original Source
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Payments giant PayPal and investment management firm Galaxy joined hands to raise $20 million in seed funding for Chaos Labs, a New York-based cloud platform for securing blockchains and protocols.With an automated risk management platform, Chaos Labs protects crypto protocols against external exploits and risks. The platform does this by
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Developers of one of the earliest Android-based mobile browsers are working to bring online communication to the next level by introducing it to Web3.Sending Labs, a new startup focused on decentralized communications protocol, has secured $12.5M in seed funding to launch the Web3 communications stack.The new platform takes on the
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press release PRESS RELEASE. NFEX has completed a $3 Million seed round led by ABCDE Capital and included investment from other well-known institutions including Amber Group and Firestone Ventures. NFEX strives to build the best derivative NFT market, creating new opportunities to attract greater liquidity to the NFT marketplace. What is
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The funding round for Monad was led by crypto venture capital firm Dragonfly Capital with the participation of 70 other investors, including Placeholder Capital, Lemniscap, Shima Capital, Finality Capital, as well as angel investors in the digital asset space such as Naval Ravikant, Cobie, and Hasu, the statement said. Original Source
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According to a press release published on Feb. 8, blockchain carbon credit transaction network Carbonplace has secured $45 million in an investment round from its nine founder banks with a combined $9 trillion in assets under management. The banks are BBVA, BNP Paribas, CIBC, Itaú Unibanco, National Australia Bank, NatWest,
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The decentralized finance lending and borrowing platform is launching in February. Source
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Boldstart Ventures and IBI Tech Fund led the round, with additional investments from Nexo, Blockdaemon, Borderless, Alchemy, and CMT Digital, among others. The capital will support the firm’s goals to provide a “proactive security and risk prevention platform” for Web 3 companies, decentralized finance protocols and other players in the
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