Edition #59 - 14 APR 2023
Ethereum’s long-awaited Shapella upgrades are now live, allowing those who staked ETH in the blockchain network to withdraw their cryptocurrency for the first time.
gaming developments
Multi-layered NFT entertainment and gaming network Gameta raised $5M in a seed funding round. Binance Labs, Huobi Ventures, Arcane Capital, Ceras Ventures, StartVC, Gate io Labs, W3Coins, Redline Dao, DefinanceX, Rana Capital and Infinity Labs are among investors.
AAA mobile games developer Mayhem Studios with their Underworld Gang Wars raised $20M in a Series A funding round led by Sequoia Capital, with participation from Steadview Capital, Truecaller.
Blockchain-based game CEBG raised $3M in a funding round from Youbi Capital, GSR Ventures, Ant Capital (a&t), Pepper Ventures, I Got Games (IGG), Bing Ventures, Welight, Hashkey Capital, SNZ Holding, Kernel Ventures, KuCoin Ventures, Initiate Capital, BetterverseDAO.
metaverses & AI
Generative AI poised to disrupt finance as BloombergGPT rolls out to the company’s terminals.
OKX launches metaverse training session with football star Rúben Dias.
Shiba Inu's Metaverse Will Partially Open by End of 2023, Developers Say.
defi
Next-gen MPC-based decentralized trading platform UXUY raised $3.2M in a Seed funding round from Bixin Ventures, Waterdrip Capital, KuCoin Ventures, Pionex, LK Venture, Arcane Group, Daoverse Capital, Lapin Digital.
DeFi Protocol Yearn Finance impacted in nearly $11M exploit that occurred via Aave v1.
DeFi could be forced to incorporate and certify, French Central Bank says.
M^ZERO LABS has raised $22.5M in a financing round led by Pantera Capital. The company is developing a decentralized ecosystem to onboard institutional investors and secure transparent on-chain allocation of resources.
funding rounds
Provider of a multi-chain liquidity and data gateway LI.FI raised $17.5M in a Series A funding round led by CoinFund and Superscrypt, with participation from Bloccelerate, L1 Digital, Circle, Factor, Perridon, Theta Capital, Three Point Capital and Abra.
Payments provider based in Singapore Alchemy Pay raised $10M funding from DWF Labs.
Blockchain messaging protocol LayerZero raised $120M in a Series B funding round, raising its valuation to $3B. a16z crypto, Circle Ventures, Sequoia Capital, OpenSea, Samsung Next, Lightspeed, NGC Ventures, Bixin Ventures, Chapter One, GCR, Franklin Templeton and Com2us are among investors.
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