Through a $5.1 million seed funding round led by Polychain Capital, Superfluid, a DeFi liquidity infrastructure company, aims to streamline the distribution of fungible tokens. This pioneering effort will enable one-to-many token distribution across various DeFi applications, facilitating new streaming use cases in the ecosystem.
The recent $4.9 million funding infusion from prominent cryptocurrency figures, the Winklevoss twins, has propelled Fairshake Super PAC to the forefront of political discourse. This significant development raises questions about the impact of digital currency on the political landscape and the potential implications for electoral outcomes. It prompts a deeper examination of the changing dynamics of campaign finance, the role of technology in shaping political narratives, and the evolving strategies employed by political action committees.
The Solana Foundation is offering a $400,000 bounty for anyone able to “Turn Off Solana,” their high-throughput blockchain technology. This comes in an effort to increase the security and reliability of the open source protocol.
The Human Rights Foundation has donated $500,000 to 15 Bitcoin projects that are looking to develop new technology for financial freedom. The projects range from Wallet providers to Financial infrastructure with the aim to serve as a tool of liberty.
GAM3S.GG, the “one-stop” app for web3 gaming, has announced the successful completion of its $2 million seed round. The funds will be used to expand its user reach, develop its platform, and launch more features.
Crypto traders with large amounts of Shiba Inu (SHIB) logged profits as high as $100M over the past week, according to data from blockchain analysis. The astronomical gains are attributed to the token’s surging price.
Maple Finance, an online crypto lending service, has secured $5M in funding to expand its service into Asia. It has made its mark as the largest crypto loan provider by bringing liquidity to the digital asset marketplace.
Orange Pill, a Bitcoin-focused social media project, has secured $250K in pre-seed funding to power its vision of creating a better social experience for the cryptocurrency community.
The Ethereum Foundation has announced $9M in project and conference funding for the second quarter of 2020. This is the largest sum allocated for development in Ethereum’s history and marks a significant milestone in its long-term mission.
Xverse, a Bitcoin wallet provider, has closed a $5 million Series A funding round, with Jump Crypto being the lead investor. The round was supported by several other investors including Three Arrows Capital and Huobi Eco Fund.