
The $21 million funding effort was led by Pantera Capital, which contributed $18 million, and included funding from Makers Fund, Hashed, Mirana Ventures, and several other investors.
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Degen Chain says it’s working to resolve an issue that has seen its network stop producing blocks for more than two days.
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Matter Labs chief product officer Steve Newcomb emphasized to Cointelegraph that the launch of its L3 prototype will significantly improve the performance of its L2 solution.
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