February 5th: Nibiru ChainNibiru, a developer-centric Layer 1 chain, has raised $12 million in funding from Kraken Ventures, ArkStream, NGC, Master Ventures, Tribe Capital, and Banter Capital to accelerate ecosystem growth, the team said. ing. – Equipped with a development toolkit, easy-to-use API, language SDK, and native oracles, it offers 40,000 TPS, 1.4 seconds block time, and robust security thanks to CosmWasm smart contracts. Together with native oracle and data indexing capabilities, the difficulty of technical choices for DeFi projects is greatly reduced. ”
Radix launches ecosystem fund for developers worth over $1 million
February 5th: radix According to the team, the company has launched a 25 million XRD Ecosystem Fund to accelerate the growth of the builder community. Supports new activities, rewards, and grants for XRD, including developer incentives of up to $1,500 in XRD, milestone rewards, and booster grants for co-marketing and partnership opportunities. They will also be collected in the second group of Radix’s upcoming Scrypto Challenge and Radix Grants program.”
Web registry GoDaddy connects Ethereum Name Service domain names to crypto wallets
February 5th: Ethereum Name Service (ENS), a domain name protocol running on Ethereum, has reached an agreement with GoDaddy to allow users to link their internet domains to ENS addresses for free. “Beyoncé owns Beyonce.xyz, and now you can set up your wallet by simply going to the GoDaddy page and entering your address,” ENS founder Nick Johnson told CoinDesk as an example. told. “Beyonce.xyz is now her wallet identifier.”
Cryptocurrency payments app Oobit raises $25 million in Series A funding round led by Tether
February 5th: Mobile payment app orbit The company announced Monday that it has raised $25 million in a Series A funding round. The round was led by Tether's investment arm, CMCC Global's Titan Fund, 468 Capital, and Solana co-founder Anatoly Yakovenko. Consumers can use their Oobit app to pay for purchases using cryptocurrencies, and sellers can receive fiat currency. Tap-and-pay functionality makes crypto payments more accessible as users can use funds from their Oobit wallet to pay at any point of sale that accepts Visa (V) or MasterCard (MA) will help you.
Kodiak Finance, Verachain-based DEX project raises $2 million
February 2: Kodiak Finance”Berachain’s Community Native DEXannounced the closing of a $2 million seed funding round. According to the team, “This funding will enable us to further accelerate the pace of Kodiak's expansion and continue to deliver great trading products native to Berachain.”
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Staking service Luganodes adds support for Bitcoin L2 stack
February 1: Luganodesprovider Institutional level staking serviceis “bringing its strengths” to Stacks, Bitcoin’s Layer 2 network. According to the team: “This means institutions can easily earn native BTC rewards while supporting the network and enjoying faster, cheaper transactions with full Bitcoin security. Luganodes is a signature of upcoming nakamoto upgrades. According to the blog post, Luganodes is “ranked as one of the top validators for Polygon, Polkadot, Sui, and Tron.”
Pyth introduces “Pyth Entropy” for on-chain random number generation
February 1: Paishas announced future deployments of Pyth Entropy, a blockchain oracle project “aimed at powering on-chain random number generation across various Web3 industries such as prediction markets and GameFi.” According to the team: “This announcement is a significant milestone as Pyth Entropy is poised to launch on the mainnet blockchain for the first time, ushering in a new era of decentralized applications. Additionally, Pyth Announcing the mainnet deployment of the Pyth Price Feed on the Ethereum Layer 2 blockchain, which enables dApps and enterprises to offer instant, gasless transactions to their users. Starting today, the LightLink Ecosystem's smart contract development Users will now be able to power their DeFi applications with permissionless access to over 400 real-time price feeds across major asset classes.”
Cube.Exchange raises $12 million from investors including Sixman and Asymmetry
February 1: cube.exchangeThe soon-to-launch digital asset trading platform has raised $12 million as part of Series A funding, according to the team. “Investors in this round led by Sixman Ventures include Asymmetric, Parafi Digital, Foundation Capital, Susquehanna Private Equity Investments, LLLP, GSR Markets, Everstake Capital, Big Brain Holdings, Third Kind Venture Capital, Arche Fund, and WW Ventures. Proceeds from and prominent angels will be used to expand engineering, customer service, operations, legal and compliance, business development; and licensing.'' According to the company, this funding will expand into inbound The interest comes as a result of the interest and is on top of a $9 million seed round announced in October.
Sanctor Capital raises $10 million for early-stage Web3 fund
February 1: Sanctor Capital The team says it has raised $10 million for its early-stage Web3 investment fund. “We are also announcing a partnership with Press Start to launch a pre-accelerator program called The Multiplayer Fellowship. Together, Sanctor and Press Start aim to fund over 100 teams. Half of Press Start's previous fellowship program graduates have been promoted to or joined top accelerators such as Alliance DAO, a16z Crypto Startup School & SPEEDRUN, Binance Labs, and Y Combinator. ”
Upshot launches Allora, a “self-improving decentralized AI” network
February 1: conclusion The company announced Allora, a new “trustless, self-improving, decentralized AI network,” according to the team. “Allora is designed to deliver smarter, more secure AI to applications through a self-improving network of machine learning models. Upshot is backed by industry investors including Polychain, Framework, Blockchain Capital, and CoinFund. I am.”
Prediction market Zeitgeist launches DLMSR-based AMM
February 1: ZeitgeistAccording to the team, the prediction market dApp has launched a DLMSR (Dynamic Logarithmic Market Scoring Rule)-based Automated Market Maker (AMM) that is “driven by a dynamic liquidity model never before seen in the industry. “This represents a significant advance in the blockchain prediction market.” The DLMSR model represents the first application of its kind in blockchain technology and significantly improves operational dynamics by reducing slippage while enhancing the flexibility of market creation and liquidity provision, thereby inter alia Transform trading efficiency and profitability in large-scale transactions. ”
Launched with WOOFi, Cross-Chain DEX, and Mantle Network
February 1: WoofiThe Saint Vincent and the Grenadines-based cross-chain DEX has launched Mantle Network, an Ethereum Layer 2 scaling solution. According to the team: “This makes WOOFi one of the first protocols to support cross-chain swaps powered by LayerZero from eight top-tier chains, including Arbitrum, Optimism, and Avalanche, to Mantle. Mantle's MAU 370,000 in January 2024. Vice President of Ecosystems Ben York said the expected rise is driven by easier access to mETH, with WOOFi seeing 3.7% of LayerZero transactions. %, which is extremely important for ultra-efficient cross-chain swaps.
