Feb. 19: AltLayer, an open and decentralized protocol to launch native and restaked rollups with optimistic and ZK stacks, has raised $14.4 million in a strategic fundraising spherical co-led by Polychain Capital and Hack VC, in response to the workforce: “The corporate eyes international workforce growth amidst the rising variety of strategic partnerships and key tasks in growth, centered round our infrastructure innovation of restaked rollups.”

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Feb. 18: Wormhole Basis, which helps groups constructing merchandise for the cross-chain messaging protocol Wormhole, mentioned in a weblog submit that it is “collaborating with the workforce at Succinct to construct an Ethereum ZK mild shopper as a part of an ongoing effort to additional decentralize message verification inside the Wormhole platform. Wormhole ZK is being leveraged by builders to attenuate belief within the Wormhole platform, enhance cross-chain composability and improve community safety. Learn extra concerning the imaginative and prescient of Wormhole ZK within the lately introduced ZK roadmap.”

Feb. 16: TRON DAO, the decentralized autonomous group (DAO) behind the TRON community, with over 210 million consumer accounts, has unveiled its roadmap for constructing an revolutionary Bitcoin layer-2 resolution, in response to a tweet from Tron founder Justin Solar. “This resolution will revolutionize how we take into consideration blockchain interoperability and utilizing stablecoins inside the Bitcoin ecosystem,” in response to a message from the workforce. “Let’s make #Bitcoin enjoyable once more!” Solar wrote. (TRX)

Feb. 16: Silencio, a decentralized community of smartphones working as noise-pollution sensors, has closed a $1M funding spherical led by Borderless Capital, a number one investor within the DePIN area, in response to the workforce: “Together with Borderless Capital, funding from Moonrock Capital, Grasp Ventures, and others might be used to broaden and improve its community-driven noise air pollution sensor community, enhance knowledge integrity for well-being, and assist strategic initiatives. This funding marks a big milestone for Silencio because it units out to redefine knowledge protection via the mixing of peaq, the layer-1 blockchain for real-world apps.” Silencio chosen peaq’s community final 12 months as its layer-1 blockchain.

Feb. 16: Subsquid, a peer-to-peer community to batch question and combination knowledge, has joined Google’s BigQuery for multi-chain tasks to leverage Subsquid with BigQuery to rapidly analyze their utilization on completely different chains and achieve insights into charges, working prices and traits, in response to the workforce: “Subsquid indexing has supported over $11 billion in decentralized functions and L1/L2 worth, with 30,000 individuals, together with tens of 1000’s of builders, deploying over 40,000 indexers.”

Feb. 15: RW3 Ventures raised $60 million for RW3 Ventures Fund I LP, in response to the workforce: “The fund will goal investments in early-stage blockchain and Web3 corporations, with an emphasis on groups that search to make the most of blockchain know-how to disrupt real-world industries and enterprise fashions with sizable addressable markets. The spherical was led by The Raptor Group and Mubadala Capital, the wholly-owned asset administration subsidiary of Mubadala Funding Firm, a world sovereign investor headquartered in Abu Dhabi. RW3 is led by Pete Najarian and Joe Bruzzesi, two well-known figures within the digital asset area.”

Feb. 15: Blueprint Finance introduced that it is rising from stealth with $7.5 million in funding from crypto-native buyers together with Tribe Capital, Hashed, Portal Ventures, SALT and others – to resolve crypto’s liquidation downside. Based on the workforce: Blueprint’s flagship product is the Concrete Protocol, an appchain purpose-built for on-chain debt and credit score. Concrete powers larger yields, liquidation safety, and superior predictions throughout all of DeFi, beginning with cash markets.”

Feb. 15: QuickNode, a Web3 growth platform, now helps zkSync hyperchains,” enhancing its customized chains providing for shoppers looking for quick and scalable ZK know-how,” in response to the workforce: “Hyperchains, powered by ZK Stack, guarantee sturdy knowledge privateness, ideally suited for enterprise use instances whereas sustaining compliance. They run parallel to zkSync mainnet, enabling seamless asset bridging and liquidity movement. With QuickNode dealing with infrastructure, companies can deal with creating plug-and-play blockchain functions.”

Feb. 15: Lava, an application-specific proof-of-stake blockchain constructed utilizing Cosmos SDK, has raised a $15 million seed spherical, led by Tribe, Leap and Hashkey Capital, in response to the workforce: “Mainnet is launching finish of Q1/early Q2. Lava’s imaginative and prescient is to construct a modular knowledge entry layer for Web3, enabling builders to simply construct apps on any chain or rollup. Lava has been uniquely designed for technical and non-technical customers to contribute to scaling the community and is launching a factors system to reward customers.”

Feb. 15: Injective, a blockchain designed for finance constructed utilizing Cosmos SDK, now helps “an interoperable area identify service (DNS) on mainnet: Solana domain-name bridging with Wormhole (beforehand accessible on testnet). The cross-chain integration additional converges the Web3 and Web2 expertise by letting customers leverage single domains like on Web2 when conducting transactions, and represents a serious achievement in ecosystem collaboration, together with Bonfida and Wormhole. Extra particulars from Injective and Bonfida. Injective’s infrastructure encompasses a distinctive two-way cross-chain interplay facilitated by Wormhole. This leads to a extra environment friendly and streamlined area service expertise when SNS transactions are initiated. Adoption is easy: customers should purchase .sol domains plus use each .sol and .inj domains throughout Injective dApps, additional increasing the cross-chain area expertise.” (INJ)

Feb. 15: Helika, a knowledge analytics and infrastructure supplier for conventional and Web3 gaming with clients like Animoca Manufacturers and Yuga Labs, is asserting the completion of an $8 million Sequence A fundraising from Pantera, Animoca, Diagram and Sfermion. Based on the workforce: “This funding will assist Helika advance its AI-powered suite of services, which at the moment aggregates knowledge throughout a number of chains, social media platforms, and video games and synthesizes that knowledge into actionable insights for gaming studios to leverage in consumer acquisition, retention, and engagement to finally drive income.”