Xverse, a Bitcoin Web3 wallet, recently received a $5 million seed round injection led by Jump Crypto to expedite development of features, notably for DeFi. The Hong Kong-based platform has been recognized for its support of Ordinal, a technique for creating NFTs on the Bitcoin blockchain, making it a captivating platform for crypto-aficionados across the globe.
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Exploring the $201.4 Million Crypto Funding Boom: Who are the Big Winners?
“Despite a decline in crypto fundraising in June 2023, continuous momentum of investments in the space promises a bright future for crypto innovations and growth. The overall trend indicates venture capitalists’ attention towards crypto remains unhindered, with potential for growth appearing optimistic.”
RISC Zero Bags $40 Million for its Bonsai Computing Platform: A Step to Decentralized Security
RISC Zero, known for zero-proof software solutions, raised $40 million in a Series A funding led by Blockchain Capital to boost its innovative Bonsai computing platform. The platform aids developers with incorporating zero-knowledge proofs to enhance application security and complex computations.