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Lava Network Raises $15 Million in Seed Funding, Introducing Magma


Lava Network has successfully secured $15 million in a seed funding round, introducing the next phase of the mainnet. According to a recent blog post by Lava Network, the seed funding round was co-led by Tribe Capital, Jump Capital, and Hashkey Capital. Alliance DAO, Node Capital, North Island...

Indonesia’s Presidential Election Sees Crypto-Friendly Team in the Running


Indonesia former Defense Minister Prabowo Subianto has declared victory in the presidential election following unofficial vote counts indicating a significant lead, potentially securing a single-round win in his third bid for the presidency.  Subianto, along with his pro-crypto running mate Gibran...

Tether Leads Crypto Mobile App Oobit’s $25 Million Series A Funding


Tether announced today that it led a $25 million Series A funding round for crypto mobile payments app Oobit. Crypto’s biggest stablecoin issuer said the funding will contribute to Oobit’s ongoing development. The mobile app enables users to tap and pay for goods and services with their...

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