Dfyn Network, the multichain, low-fee automated market maker (AMMs) exchange, has become an IDO success story just weeks after launch, boasting over $200 million in total value locked, thousands of users, and partnerships or grants from top crypto projects.The exchange is currently live on the Polygon network and has emerged as the fastest-growing DEX on Polygon. According to … [Read more...] about DeFi project Dfyn buzzes to $200m TVL, secures 3 major partnerships just weeks after launch
Secures
Block.one secures funding for $10B EOS-based crypto exchange platform
Blockchain software firm Block.one has announced plans to launch a cryptocurrency exchange subsidiary.According to a release published on Tuesday, the platform — dubbed “Bullish Global” — will run on the EOS blockchain.As part of the announcement, the EOSIO developer revealed that it had raised capital to the tune of $10 billion for the crypto exchange. This sum includes $300 … [Read more...] about Block.one secures funding for $10B EOS-based crypto exchange platform
ConsenSys-backed poker platform secures $5M investment
Ethereum infrastructure firm ConsenSys and venture capital fund Pantera Capital have led a group of investors in a $5-million funding round for Virtue Poker, according to an announcement on Monday.Other participants in the strategic investment round included blockchain investment outfit DFG and FunFair founder Jez San.Virtue Poker, an Ethereum-based decentralized poker … [Read more...] about ConsenSys-backed poker platform secures $5M investment
Enjin secures $18.9M funding for Polkadot-based NFT blockchain
Crypto exchange platform Crypto.com has reportedly led an $18.9 million private funding round for Enjin’s new NFT blockchain platform.Enjin announced the news on Wednesday with DFG Group, BlockTower and Arrington XRP Capital among other investors in the private sale.Dubbed “Efinity,” the platform is an NFT blockchain built on Polkadot that will reportedly offer greater … [Read more...] about Enjin secures $18.9M funding for Polkadot-based NFT blockchain
Polkadot moves towards sharding as Acala Network secures first Rococo parachain slot
The Polkadot ecosystem continues to progress, with DeFi platform Acala Network becoming the first to win a parachain slot on the Rococo testnet.Acala, the self-described decentralized finance hub for Polkadot, announced it had secured the slot on March 26.Acala has won the first parachain slot auction on @Polkadot testnet Rococo, and now Acala occupies the first public … [Read more...] about Polkadot moves towards sharding as Acala Network secures first Rococo parachain slot