XDC Network Acquires $50 Million From LDA Capital to Foster Ecosystem
The XDC Network has utilized a portion of its personal token allocations to help secure a $50 million commitment from global alternative investment firm LDA Capital Limited. This will aid in the development and expansion of Layer 2 projects across the XDC Ecosystem and to enhance network adoption and utility. The XDC Network, which was […]
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1inch Network, the decentralized exchange (dex) aggregation project, has announced the company has raised $175 million in a Series B financing round. According to the announcement, the fresh new capital will be leveraged to scale the team, foster additional 1inch token utilities, and build new protocols. 1inch Raises $175 Million From Strategic Investors Over the last year, decentralized finance (defi) has propelled itself into the spotlight as a great number of dex platforms now provide users with the ability to trade and provide liquidity in a decentralized fashion. 1inch Network....
The $200 million fund aims to foster growth and innovation on the Avalanche network. The Avalanche Foundation has unveiled “Blizzard” — a fund offering more than $200 million in incentives to developers who build on the Avalanche (AVAX) network.The fund will provide liquidity to those early-stage projects that innovate decentralized finance (DeFi) applications, nonfungible tokens (NFTs), and other products on Avalanche. Avalanche is a Proof-of-Stake network that launched in September 2020. The network boasts Ethereum Virtual Machine (EVM)-compatibility, allowing developers to port....
“With this funding, Secret Network and its partners aim to scale privacy-first, decentralized applications to global adoption by millions of users,” said Tor Bair, the Founder of the Secret Foundation. Secret Network is offering $400 million in funding to grow its privacy-oriented ecosystem and expand user adoption.Secret Network is a decentralized ecosystem that utilizes trusted execution environments to enable private, secure computation over encrypted data. The ecosystem has four components: Secret Tokens, Secret Bridges, Secret Finance and Secret NFTs.According to a Jan. 19....
The $25 million fund will be used to support Miami-based blockchain startups developing digital payment solutions on the Algorand network. Borderless Capital’s support for Algorand-based development has taken another incremental turn with the venture capital firm launching a new $25 million fund in Miami.In an announcement on Wednesday, the investment firm stated that the $25 million fund will focus on supporting blockchain startups in the city of Miami.Dubbed the Borderless.Miami Fund, the VC firm is joined by stablecoin issuer Circle to foster the growth of digital payment and digital....
The Bitcoin Core Sponsorship Programme has recently been announced, which is dedicated of foster innovation in the world of Bitcoin and digital currencies. There is a lot of research and development waiting to be completed, and keeping in mind how Bitcoin Core powers the majority of the existing Bitcoin infrastructure, it makes sense to ask for help. Bitcoin Core Sponsorship Programme is Important. Even though the ongoing “battle” between Bitcoin Core and Bitcoin Classic is still going up, the Bitcoin Core Sponsorship Programme is not about adding more nodes or mining pools to the network.....