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The blockchain project Polygon announced it has raised $450 million on Monday in a fundraising round led by Sequoia Capital India with participation from more than 40 venture capital firms. Polygon says that the money will allow the team to help scale Ethereum and bolster the mass adoption of Web3 applications. Sequoia Capital India and … Read more
Blockchain venture funds are shifting their focus to Web3 development and are placing greater emphasis on scalability. Go to Source Powered by WPeMatico
The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last August when Dune Analytics raised $8 million. With the Series A and B combined, the firm has been propelled to unicorn status with a post-money … Read more
New year, new dreams, new chances. While Bitcoin struggles at around $40,000 in the middle of January 2022, we are looking for some promising alts, and let us tell you where we see the next ’boom.’ Coins on a TOP exchange are often already so profitable that you wish you knew about them before they … Read more
PYR regained its bullish momentum after the launch of the Elysium testnet and the limited release of digital land plots in the VulcanVerse. Go to Source Powered by WPeMatico
QUICK price gained 50% shortly after a partnership with CelsiusX proves that the platform is serious about bridging the gap between DeFi and CeFi. Go to Source Powered by WPeMatico
“It’s a major step forward in multi-chain governance systems,” said the team at Aave. Go to Source Powered by WPeMatico
On Sunday, January 30, 2022, the top smart contract protocol tokens by market capitalization is $592 billion or 32.66% of the $1.8 trillion crypto economy. Meanwhile, the total-value locked (TVL) in decentralized finance (defi) protocols is $192.42 billion up 5.28% since January 23. Defi TVL Climbs More Than 5%, Ethereum Defi Dominance Still 60%, Cross-Chain … Read more
Last week, non-fungible token (NFT) sales remained unscathed while crypto asset spot markets were dismal. However, a week later, NFT sales have dropped 13% to $800 million in sales over the last seven days. During the past week, NFT sales on the Ethereum blockchain have slipped 11.78% but Ronin blockchain-based NFT sales (Axie Infinity) dropped … Read more
Nansen, a cryptocurrency and blockchain statistics and analytics platform, has issued a report on the growth of decentralized finance (defi) in 2021. The document highlights how defi managed to keep growing, opening the field to new participant chains. Non-fungible tokens (NFTs) also had a notable year, with many new wallets experiencing growth as a result. … Read more
