Metis, an Ethereum layer 2 solution, has secured $4 million in its latest round of fundraising ahead of its IDO on PAID Network’s launchpad on May 13. Spearheaded by redoubled support from early backers and the addition of contributions from new faces, capital injections for Metis’ pursuit of developing Web3 infrastructure have ramped up. The […]
Kava Labs, a builder of compose-able DeFi apps and services, today announced its next project, Kava Swap, a production-ready cross-chain liquidity hub for all DeFi apps and financial services. The Kava Swap protocol is a cross-chain autonomous market-making (AMM) app built on the Kava platform. It delivers a seamless way to swap between assets of […]
Ethereum scaling startup Metis has announced the completion of a $4M private round. The latest raise means that Metis has banked $5M to date from private investors and still has a public sale of its native token to come on May 13. Blockchain VCs clamored to write checks for Metis, having been impressed by itsRead More
Crypto industry insiders at the Ethereal Summit agreed that Decentralized Autonomous Organizations are "the organizational entity for the Internet age."
Rari Capital (RGT) has revealed via a blog post on May 9, 2021, that it’s making plans to reimburse all its liquidity providers who lost their funds when the protocol was hacked during the past weekend. The decentralized finance (DeFi) protocol lost 2600 ETH (over $10 million) to bad actors on May 8. Rari TokenRead More