Key Crypto Events Including Bored Ape Yacht Club NFT Announcement, Ronin Partnership And Others
The cryptocurrency market has witnessed a flurry of activity in the last 12 hours, with several notable developments across various projects. From significant funding rounds and partnerships to new chain launches and ecosystem funds, the crypto space continues to evolve at a rapid pace.
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Centrifuge Raises $15M in Series A Funding
Centrifuge ($CFG), a decentralized finance (DeFi) protocol, has successfully raised $15 million in a Series A funding round led by ParaFi Capital and Greenfield. This funding will help Centrifuge further develop its platform and expand its offerings in the DeFi space.
Aavegotchi Launches $GHST on Base Chain
Aavegotchi ($GHST), a DeFi-enabled crypto collectibles platform, has announced that its native token, $GHST, is now live on the Base chain. The team plans to deploy Gotchichain, a Base-secured Layer 3 solution, by June, further enhancing the platform’s capabilities.
Zignaly Launches ZIGChain with $100M Ecosystem Fund
Zignaly ($ZIG), a social investment platform, has launched its own Layer 1 blockchain called ZIGChain. Along with the chain launch, Zignaly has announced a $100 million ecosystem fund backed by DWF Labs to support the growth and development of projects within the ZIGChain ecosystem.
Ronin Partners with Ragnarok
Ronin ($RON), an Ethereum sidechain built for blockchain gaming, has announced a partnership with Ragnarok, a popular MMORPG. The game is planned to be released in the third quarter of this year, marking a significant milestone for the Ronin ecosystem.
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Show more +Sui Partners with ByteDance’s BytePlus
Sui ($SUI), a high-performance blockchain platform, has announced a partnership with BytePlus, the enterprise technology arm of ByteDance. This collaboration aims to enhance the scalability and adoption of the Sui blockchain, leveraging BytePlus’ expertise in distributed systems and large-scale applications.
Worldcoin Announces World Chain
Worldcoin ($WLD), a project focused on creating a global ID and financial network, has announced the development of World Chain, a Layer 2 solution set to be released this summer. World Chain aims to provide a scalable and accessible infrastructure for the Worldcoin ecosystem.
Merlin Chain Secures New Investments
Merlin Chain ($MERL), a decentralized cross-chain protocol, has announced that it has secured new investments co-led by Spartan Group and Hailstone Labs. These investments will help Merlin Chain further develop its cross-chain capabilities and expand its ecosystem.
Ontology Launches $10M Initiative for DID Solutions
Ontology ($ONT), a blockchain platform focused on decentralized identity (DID) solutions, has launched a $10 million initiative to accelerate the development and adoption of DID technologies. This initiative aims to foster innovation and collaboration within the DID space.
Omni Network Teases Genesis Staking
Omni Network ($OMNI), a decentralized finance platform, has teased that genesis staking will be released soon. This announcement has generated excitement within the Omni community, as staking will allow token holders to earn rewards for supporting the network.
Yuga Labs Divests Some of Its Games
Yuga Labs, the creator of the popular Bored Ape Yacht Club ($APE) NFT collection, has announced that it is divesting some of its games. Faraway, a blockchain gaming company, is acquiring HV-MTL and Legends of the Mara, two games previously owned by Yuga Labs.
The last 12 hours have seen a diverse array of developments in the cryptocurrency market, from significant funding rounds and partnerships to new chain launches and ecosystem initiatives. It is essential for investors and enthusiasts to stay informed about the latest trends and developments to make well-informed decisions in this dynamic and fast-paced industry.
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