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Versatus Labs Raises $2.3 Million To Launch Stateless Rollup


Versatus Labs raises $2.3 million in seed round funding, bringing its valuation to $50 million. The funding aims to develop the Verastus LASR, a Stateless Rollup.  Image: Versatus Labs In an announcement this Wednesday, Verastus Labs, a peer-to-peer web service protocol aiming to enhance...

Dtec Token Project Raises $1.3 Million In Seed Round Funding


“DtecA” software, an artificial intelligence driving assistant operating in the automotive industry, and its token Dtec have received an investment of 1.3 million dollars in the first seed financing round. Developed since 2017, DtecA had previously received an award from the Scientific...

Jack Dorsey Leads $6.2 Million Seed Funding for OCEAN Bitcoin Mining Pool


Mummolin launches decentralized bitcoin mining pool Ocean with backing from Jack Dorsey. Image by yuromanovich, Adobe Stock. Mummolin, a Bitcoin startup, has raised $6.2 million in seed funding to support the launch of Ocean, a new decentralized bitcoin mining pool. The funding round was led...

Bitcoin Ordinals Project Taproot Wizards Raises $7.5 Million in Seed Funding


Source: Adobe / Daniel Krasoń The Bitcoin Ordinals project known as Taproot Wizards has successfully secured $7.5 million in seed funding in a round led by venture capital firm Standard Crypto. Additional contributions in the round came from prominent investors including Geometry, Collider...

Another Round of Bitcoin Spot ETF Rejections Likely: BitGo CEO


Source: BitGo/Canva The general belief amongst market experts is that a Bitcoin spot exchange-traded fund (ETF) approval is on the horizon following Grayscale’s significant legal victory against the SEC. However, BitGo’s CEO, Mike Belshe, feels otherwise. Making his opinion known in...

Web3 Social Company Sleek Announces $5 Million Seed Round


Source: Pixabay Hong Kong-based Web3 social company Sleek has revealed a $5 million seed round, with the fundraising valuing the company at $50 million. In a press release published on Friday, the company said that it had secured funds through a Simple Agreement for Future Tokens (SAFT), granting...

Blockchain.com Raises $110 Million in Series E Round Led by Kingsway


Blockchain.com, a cryptocurrency enterprise offering a digital asset exchange, a blockchain explorer, and a non-custodial wallet, has recently secured $110 million in a Series E funding round spearheaded by Kingsway. Despite this successful funding round, Blockchain.com’s post-valuation...

OKX Ventures makes seed round investment in Kakarot


OKX Ventures carries out a seed round funding in Kakarot, which is a Type 2.5 ZkEVM worded in Cairo. This is a Turing complete programming language. Cairo o has been created to collect into Cairo Assembly (CASM), helping to bring about implementation signs. In turn, these signs are utilized...

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