Sun, September 20

Pixelverse Secures $5.5M from Prominent VCs for Web3 Gaming Expansion

The emerging entertainment studio and gaming ecosystem, Pixelverse, has concluded a fundraising round headed by tier-1 venture capital funds and well-known founders from the Web3 and gaming sectors. Over 15 million users have joined the Pixelverse gaming ecosystem in less than a month after it launched, and $5.5 million has been raised to support its

June 12, 2024 2 mins read

Ava Protocol Secures $10M Seed Funding to Boost Autonomous Transactions

Formerly known as OAK Network, Ava Protocol has announced that $10 million in seed investment has been completed. This includes a $5.5 million initial round and a subsequent $4.5 million seed+ round. The funds will go toward helping Ava Protocol develop an Eigenlayer AVS that is intent-centric and event-driven, enabling private autonomous transactions on

June 11, 2024 3 mins read

First Decentralized RPCs for Polkadot and Kusama Launched by SubQuery Network

SubQuery Network, a provider of Web3 infrastructure, has announced the release of two new RPCs for the Polkadot ecosystem. They’re the first decentralized RPCs on Substrate-based networks, available for Polkadot and Kusama. Nearly 200 networks use web3 infrastructure from SubQuery. The SubQuery Network is a worldwide network of decentralized indexers and RPC

June 11, 2024 1 min read

Optimism Integrates Fault Proofs, Moves Closer to Complete Decentralization

According to the OP Labs development team, Ethereum layer-2 Optimism has included fault proofs into its smart contracts. As far as the team is concerned, Optimism has progressed to what Vitalik Buterin, co-founder of Ethereum, has dubbed “Stage 1” of decentralization. Base, Metal, Mode, and Zora are the least number

June 11, 2024 2 mins read

Cardano Set for Major Milestone with Node 9.0 Release and Hard Fork

As far as the Cardano ecosystem is concerned, its founder Charles Hoskinson expects a big event to take place around June. According to Hoskinson’s June 9 X announcement, Cardano Node is expected to reach version 9.0 this month, and the Chang fork is coming soon. This signifies that 70% of

June 10, 2024 2 mins read

Hydration Secures $14.4M in DOT Tokens from Polkadot Treasury to Boost DeFi

The leading DeFi project on Polkadot, Hydration, is excited to announce that it has been awarded 2 million DOT tokens from the Polkadot treasury, which is worth $14.4 million. The funds will be used to improve Omnipool, Hydration’s single-sided liquidity provisioning platform, in terms of both liquidity and trading efficiency. The DOT tokens

June 10, 2024 2 mins read

Solana Prepares for Mainnet Upgrade v1.18.15 with Major Enhancements

In order to strengthen the Solana blockchain, validators are being urged to upgrade to a new stable version, and Solana is getting ready for another mainnet upgrade. In the midst of the meme coin craze and the enormous demand for platforms on the Solana-based blockchain, the team is getting ready

June 10, 2024 2 mins read