Botanix Labs, a Bitcoin development startup based in New York and founded at Harvard, has announced a significant funding of $11.5 million in a press release sent to Bitcoin Magazine. This funding round, led by prominent investors including UTXO Management, Polychain Capital, Placeholder Capital, Valor Equity Partners, ABCDE, Andrew Kang, Dan Held, Dovey Wan, Eric Wall and others, will…
The countdown has commenced for $APP staking in the $INJ Ecosystem IDOs via Moon App, the innovative mobile launchpad hosting prominent projects in the Injective Ecosystem. In a highly anticipated development, Moon App, serving as the Layer0 + Launchpad of Injective, will initiate $APP staking for participation in the $INJ ecosystem Initial DEX Offerings (IDOs)….
In a move to catalyze the growth within the Bitcoin ecosystem, Ego Death Capital announces the launch of a new funding round, Fund II, aiming to raise $100 million. Founded in 2021, the venture capital firm, led by Jeff Booth, Andi Pitt, Nico Lechuga, with advisory support from Preston Pysh, Lyn Alden, and Pablo Fernandez,…
In addition to the increasing developer activity on the Solana network, SOL has shown signs of recovery after a recent period of struggle. The Solana blockchain network has achieved an important milestone with over 2,500 developers actively contributing to its open-source ecosystem on a monthly basis. This growth in developer numbers is a significant achievement…
SweetBunFactory The AI Investment Surge of 2023 2023 is marked by a significant investment surge in AI, offering promising long-term opportunities in areas from chip manufacturing to end-user devices. This trend has notably boosted tech industry stocks. However, this investment boom also poses challenges in identifying long-term winners, as many stocks might already reflect their…
Lisk decided to leverage the Ethereum network after finding out that more 90% of user transaction fees on L1 platforms were Ethereum-based. Lisk (LISK), the open-source blockchain network and platform for decentralized applications (dApp), has announced it has decided to join the Ethereum ecosystem as a layer 2 (L2) platform. According to an official blog post, Lisk is…
ESCC will introduce stablecoin-based gas fees and Ethereum compatibility on EOS. EOS Labs and EOS Network Foundation (ENF), the main stewards of the EOS Network have announced a strategic collaboration with EOS Stable Coin Chain (ESCC), an Ethereum-based stablecoin solutions provider. ESCC is a novel smart contract on the EOS Network using a customized implementation…
The newly launched ORBS guide on StakingRewards provides token holders access to robust analytics for optimizing staking strategies. The customizable dashboards offer at-a-glance visibility into key metrics. StakingRewards, a leading staking information platform, has published a comprehensive guide catering specifically to ORBS token holders interested in staking on the Orbs blockchain network. The newly released…
According to Floki, DWF Labs has helped the ecosystem in many ways, including assisting in listing the token on crypto exchanges to make FLOKI accessible to users from around the world. Crypto market-maker (MM) DWF Labs has acquired an additional $1.25 million worth of FLOKI tokens to support the advancement of the ecosystem. According to…
Animoca will leverage TON Play, a TON-based gaming infrastructure that allows projects to launch directly onto Telegram. Hong Kong-based gaming venture capitalist Animoca Brands has announced its strategic investment in the TON ecosystem. Following the investment, Animoca became the largest validator of The Open Network (TON) blockchain. According to emerging reports, the venture capital firm…
The inclusion of Animoca Brands in this ecosystem solidifies Chiliz’s commitment to being the primary blockchain infrastructure for the sports and entertainment sectors. On November 13, 2023, Chiliz revealed that Animoca Brands has become a validator and key participant on the Chiliz Chain, contributing to the decentralization of the platform’s governance. The Chiliz Chain serves…
The Pegasus Testnet has gone through various stages of rapid development in order to support Saga’s partners and innovators. Based on a report from Chainwire, Saga, a layer-1 protocol for Web 3.0 gaming, has announced the introduction of its Incentivized Testnet, which is known as Pegasus. This marks a major milestone for the project as…
The DMCC said it onboarded the Solana Foundation as one of its ecosystem partners for technical support and to build a robust ecosystem. The Solana Foundation has joined the Dubai Multi Commodities Centre (DMCC) as an ecosystem partner. The DMCC, a free economic zone in the United Arab Emirates (UAE), will receive technical support and…
The BitVM project was designed by Robin Linus with lots of borrowing from Ethereum’s layer two (L2) optimistic rollups that have enabled faster execution of the transactions off-chain. The mainstream adoption of Bitcoin (BTC) and other digital assets has undeniably been facilitated by the decentralized financial (DeFi) ecosystems that use smart contracts. However, the Bitcoin…
At the heart of this transformation lies Axelar’s innovative Satellite Bridge, a technology that simplifies the transfer of assets between different blockchain networks. Orbs, a leading blockchain infrastructure project has announced a strategic partnership with Axelar to introduce its tokens into the Arbitrum ecosystem. This strategic expansion is poised to offer users a more streamlined…
SHIB, BONE, and LEASH tokens have all crashed over the past 24 hours because of a problem that allegedly resulted in lost Shibarium tokens. Tokens in the Shib universe have plunged to different levels following a problem with bridging on the recently-launched Shibarium. Members of the community holding these tokens were left disappointed as many…
A noteworthy aspect of Sequoia Capital’s approach is the strategic shift towards supporting younger startups, diverting attention from larger companies. Sequoia Capital, a venture capital giant based in Silicon Valley, has recently made significant adjustments to its cryptocurrency and ecosystem funds, as detailed in a report by The Wall Street Journal. The strategic moves are…
Bitcoin Startup Lab is gearing up for its Summer 2023 cohort, bringing together industry titans, investors and innovators to fuel growth in the Bitcoin ecosystem. With a focus on collaboration and mentorship, the pre-accelerator program aims to enable founders to create innovative solutions on Bitcoin. The program spans 12 weeks and has doubled the number…