Kujira Team Develops New THORChain App Layer After ‘Rujira’ Merge
DeFi project Kujira partnered with three ecosystem partners to build THORChain’s app layer with a new token. The decentralized finance (DeFi) network Kujira, along with several of its key ecosystem projects, has decided to merge into a single entity called the “Rujira Alliance.” This new entity aims to create an application layer for THORChain’s cross-chain […]
Plume’s CEO Unveils Tokenized ‘Mineral Vault’ To Boost RWA Yield
Chris Yin says investor demand for RWAs is going “upstream” from tokenized treasury bills to private alternative assets. Plume Network , a blockchain specializing in real-world assets (RWA), is set to launch a tokenized ‘Mineral Vault’ in response to rising demand for high-yield private assets onchain, CEO Chris Yin told Cointelegraph on September 9. Developed […]
PIN AI Secures $10M To Develop Open-Source Alternative
PIN AI, backed by a16z, creates a privacy-focused, open-source alternative to Apple’s AI that uses blockchain to enable users to monetize their personal data. PIN AI, an artificial intelligence infrastructure firm, has raised $10 million in pre-seed funding and joined the Fall 2024 cohort of the a16z Crypto Startup Accelerator (a16z CSX). In a press […]
API3 Launches Oracle Solutions for Better DeFi Efficiency
A new wave of technologies, introduced by API3, aims to improve the speed, efficiency, and sustainability of decentralized finance. API3 enhances the DeFi infrastructure to guarantee developers’ greater performance and long-term growth. It is releasing its most recent technology, intended to enhance how DeFi protocols obtain real-world data, as per a press release. API3 is […]
Crypto Venture Capital Funding Rises to $633M in August Rebound
Crypto VC funding increased by 15% in July, reflecting rising investor interest in blockchain infrastructure development. In August, crypto venture capital (VC) funding experienced a notable resurgence, even as the broader crypto market dealt with summer liquidity challenges. According to data from DefiLlama , crypto VC funding reached $633 million in August, a rise of […]