The competition among the computing networks is warming up, with decentralized players coming into the stage with backing from the crypto ecosystem.Decentralized storage and computing network Aleph.im completed a $10 million funding round led by Stratos Technologies. Zeeprime, NOIA Capital, Theia, Bitfwd Capital, Token Ventures and Seven Capital have contributed to the funding, … [Read more...] about Aleph.im raises $10M to develop censorship-resistant data storage
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Solana-based DeFi protocol Hubble raises $10M, prepares for mainnet launch
The Solana (SOL) network is ready to see the mainnet launch for another decentralized finance (DeFi) protocol, aimed at Web3 development and backed by bigshots from the crypto industry.Hubble Protocol, a project aiming to develop a censorship-resistant crypto-backed stablecoin among other DeFi services, has raised $10 million from Three Arrows / DeFiance Capital, Delphi … [Read more...] about Solana-based DeFi protocol Hubble raises $10M, prepares for mainnet launch
Solana-Based DeFi Project Hubble Protocol Raises $10M
“We are thrilled to back the Hubble team as they build core DeFi primitives for the Solana ecosystem, from a decentralized stablecoin to an innovative borrowing marketplace to under collateralized lending. These are critical components of the Web3 financial stack on one of the most prominent networks in the crypto market,” said Matthew Beck, director of investments at Digital … [Read more...] about Solana-Based DeFi Project Hubble Protocol Raises $10M
Indian Gaming Firm nCore Games Raises $10M for Web 3 Offerings: Report
nCore co-founder Vishal Gondal is however optimistic that Web 3 products can make inroads through additional incentives on offer. "Currently when you’re playing a game, the maximum upside for you was to become part of some community. Now while you’re playing the game, you also have the chance to own the value of the game,” he said to Tech Crunch. Source link … [Read more...] about Indian Gaming Firm nCore Games Raises $10M for Web 3 Offerings: Report
Crypto Infrastructure Firm Pocket Network Raises $10M
Pocket Network usage, as measured by the number of API calls processed by the protocol, has more than doubled on a monthly basis since last July. Weekly relays have increased from tens of thousands at the start of 2021 to over 2 billion in a single week in December, Pocket Network said in the press release. Source link … [Read more...] about Crypto Infrastructure Firm Pocket Network Raises $10M