Injective Raises $40m Funding to Expand DeFi Applications
Injective, a popular New York-based blockchain platform built for finance, announced on Wednesday that it has raised $40 million in a funding round led by Jump Crypto, the cryptocurrency arm of the…
Defi Cross-chain Interoperability Protocol Nomad Raises $22.4m from Crypto Leaders
Defi cross-chain interoperability protocol Nomad has secured a $22.4 million seed round from the crypto industry leader. Crypto investment firm Polychain led the round. Crypto.com Capital, Wintermute, Gnosis, Algaé and…
DeFi Protocol Aurigami Raises $12m in Token Rounds
Decentralized finance (DeFi) protocol Aurigami has raised $12 million in token rounds, according to The Block. The founding round was co-led by crypto venture capital firms Dragonfly Capital and Polychain…
DeFi Platform Space and Time Pulls $10m in Series A Funding
Decentralised Finance (DeFi) startup Space and Time has pulled $10 million in a Series A funding round as the firm seeks to develop its one-in-a-kind cryptographic protocol called proof-of-SQL. The…
Zero-gas DeFi Ecosystem XODEX Launches its Testnet
The zero-fee DeFi Ecosystem XODEX has announced the launch of its XODEX testnet, which will allow developers to integrate and transition their code deployed on the XODEX mainnet to the…
DeFi Project HUMAN Protocol Launches Routing Protocol for Data Contribution
DeFi project HUMAN Protocol launched a new blockchain coordination layer called Routing Protocol, which aims to improve the data contribution function on the blockchain. HUMAN Protocoldecentralisedalized and permissionless protocol facilitates…
Bitpanda Launches New Crypto Indices for Long-Term Diversified Portfolios
Bitpanda, a digital investment platform, rolled out at least four crypto indices for investors, providing more options by helping them to diversify their portfolios. The company seeks to simplify investment in…
DeFi Broker Porter Finance Shuts Down Bond Issuance Platform
Porter Finance, an Ethereum-based DeFi credit platform, announced that it has shut down its bond trading platform. The DeFi brokerage firm cited a lack of lending demand from the DeFi…
Babel Finance Reaches Agreement on Modalities for Repayment of its Loans
Following the halt of its withdrawals amidst its inability to pay its creditors as the crypto market meltdown took a bearish turn in the past few days, Babel Finance has…