Polygon stablecoin QiDAO exploited for $13M on Superfluid vested contract
Early information suggested that the stolen funds belonged to some of the early backers of the project and included team vested tokens. Go to Source Powered by WPeMatico
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Polygon Raises $450 Million From Sequoia Capital India, Softbank, Shark Tank’s Kevin O’leary
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
Polygon raises $450M in Sequoia-led funding round
Blockchain venture funds are shifting their focus to Web3 development and are placing greater emphasis on scalability. Go to Source Powered by WPeMatico
Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise
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
Top 3 Cryptos To Look at After January’s Correction
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
Vulcan Forged (PYR) rallies after virtual land sales and the Elysium testnet launch
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
3 reasons why QuickSwap (QUICK) price spiked by 50%
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
First cross-chain governance proposal passes on Aave
“It’s a major step forward in multi-chain governance systems,” said the team at Aave. Go to Source Powered by WPeMatico
Value Locked in Defi Climbs Higher, Polkadot TVL Spikes, Terra’s LUNA Sheds 21%
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
Weekly NFT Sales Drop 13% While Crypto Prices Rebound From Market Rout
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