Sonic, Gaming-Focused Layer-2 Chain on Solana, Raises $12M
The Sonic project's Series A round was led by Bitkraft and joined by investors including Galaxy Interactive and Big Brain Holdings.
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Renzo Capitalizes on Restaking Frenzy to Raise $17M From Galaxy, Brevan Howard
Funds will be used towards expanding the project's restaking services, including adding support for ERC-20 tokens.
ZKsync Airdrop of 'ZK' Token Puts Initial Market Cap Near $800M
The layer-2 blockchain ZKsync, has kicked off its highly anticipated airdrop of its ZK token, with 45% of the tokens already claimed.
DeFi Heavyweight Curve Focused on Becoming ‘Safest’ Lending Platform, Founder Says
Egorov’s $100 million in loans taken from various protocols using Curve’s CRV tokens started to automatically liquidate on Thursday, sending the token down as much as 30% befo...
HLG Down Over 60% as Exploiter Mints 1 Billion New Tokens
The team behind the Holograph (HLG) said they have patched the exploit and is working with centralized exchanges to freeze accounts affiliated with the exploiter
Protocol Village: Aethir, for Sourcing GPUs, Launches Decentralized Cloud on Ethereum
The latest in blockchain tech upgrades, funding announcements and deals. For June 10 - June 12.
The Protocol: How Optimism Filled in Its Missing Tooth
In this week's newsletter, we delve into the Ethereum layer-2 network Optimism's delivery of "fault proofs," a piece of functionality that was glaringly missing even though it...