You want another L2? You got another L2. Boba Network adds on to the TVL on layer-2 products after a funding of over $1 billion.
that aims to solve many of Ethereum’s biggest pain points while also expanding its smart contract capabilities. Boba’s developers said the funding will go toward expanding internal capacity and investing in ecosystem projects that leverage the expertise of Web3 industry leaders.
While digital asset prices remain well off their previous highs, Ethereum layer-2 networks are gaining significant traction. The total value locked, or TVL, on such networks recently surpassed $7.2 billion, which is a new all-time high, to L2 Beat. The sector’s TVL was less than $1 billion in September 2021. By comparison, the DeFi sector’s TVL has yet to reclaim its all-time high from November.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Venture capital firms backed by Will Smith, Paris Hilton invest in blockchain network BobaEthereum blockchain scaling platform Boba Network raised $45 million in its series A round, with participation from investors including Will Smith-led Dreamers VC, Paris Hilton and husband Carter Reum's M13 and cryptocurrency exchange Crypto.com, the company said on Tuesday.
Lire la suite »
Venture capital firms backed by Will Smith, Paris Hilton invest in blockchain network BobaEthereum blockchain scaling platform Boba Network raised $45 million in its series A round, with participation from investors including Will Smith-led Dreamers VC, Paris Hilton and husband Carter Reum's M13 and cryptocurrency exchange Crypto.com, the company said on Tuesday.
Lire la suite »
Hivemapper raises $18 million to create decentralized mapping networkDecentralized mapping network company Hivemapper has raised $18 million in a Series A funding round.
Lire la suite »
Bitcoin of America Adds Shiba Inu to Its Crypto ATMsShiba Inu, the second-largest meme cryptocurrency, has been added to the popular ATM network after Dogecoin and Ethereum
Lire la suite »
Is Ethereum really the best blockchain to form a DAO?The Ethereum network is still the leader in DAOs, but that may begin to fade away if users are pushed out by high gas fees and lower specialization to Solana or EOSIO.
Lire la suite »
New 'Tomb Raider' Game In Development with Unreal Engine 5Crystal Dynamics has announced the development of a new 'Tomb Raider' game using Unreal Engine 5.
Lire la suite »