This week, 15 blockchain startups raised a total of $173.4 million, with the largest round being Chaos Labs' $55 million Series A. Five projects received seed and angel round financing, and 10 projects received other rounds of financing.
JinseFinanceUniswap has successfully passed the SEC's review while strengthening its role as a stabilizing force in the DeFi space.
JinseFinanceCore Scientific concludes a $55 million equity offering, showcasing a positive step towards financial recovery. Despite facing challenges leading to bankruptcy in 2022, the company strategically plans to relist on NASDAQ post-bankruptcy proceedings. Shareholders and noteholders are expected to benefit from the restructuring, with new shares and competitive returns on convertible notes. The successful fundraising enhances Core Scientific's liquidity, setting the stage for executing growth plans.
SanyaRebecca Rettig, chief policy officer at Polygon Labs, shares open letter to EU authorities, in which major amendments to Data Act are proposed
Others
Coinlive Analysts are divided on whether the potential NFT liquidation event is a buy-the-dip opportunity.
CointelegraphAccording to Cointelegraph Research, VCs invested $14.67 billion into blockchain startups Q2. Web3 projects have attracted significant interest.
CointelegraphThe Cronos Accelerator Program is backed by $100 million to help crypto projects in seed-pre-seed stages seeking mentorship, funding and growth.
CointelegraphThe protocol, which is still in development, intends to connect DApps across chains using on-chain nodes.
CointelegraphThe raise comes as total value locked on the Avalanche blockchain remains steady at around $14.6 billion.
Cointelegraph