Shardeum, an Ethereum virtual machine-based sharded blockchain co-founded by Nischal Shetty, a co-founder of the crypto exchange WazirX, raised an $18.2M seed (Brandy Betz/CoinDesk)

October 18, 2022

Brandy Betz / CoinDesk:
Shardeum, an Ethereum virtual machine-based sharded blockchain co-founded by Nischal Shetty, a co-founder of the crypto exchange WazirX, raised an $18.2M seed — The co-founder of WazirX, India’s largest crypto exchange, is now trying to expand a network that promises greater scalability, faster transaction times and lower fees.

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Tharsis Labs, which develops the Evmos cross-blockchain tool to connect Ethereum and Cosmos, raised $27M via a token sale led by Polychain Capital (Brandy Betz/CoinDesk)

Brandy Betz / CoinDesk:
Tharsis Labs, which develops the Evmos cross-blockchain tool to connect Ethereum and Cosmos, raised $27M via a token sale led by Polychain Capital — Polychain Capital led the funding raise to accelerate the cross-chain decentralized app platform — Tharsis Labs – the core developer of Evmos …

November 2, 2022

Binance-linked crypto exchange WazirX says India’s Enforcement Directorate has “unfrozen” or restarted its bank account; the ED raided its office on August 5 (Amitoj Singh/CoinDesk)

Amitoj Singh / CoinDesk:
Binance-linked crypto exchange WazirX says India’s Enforcement Directorate has “unfrozen” or restarted its bank account; the ED raided its office on August 5 — The account was frozen in relation to the “illegal loan apps” scam investigation, which has come under the national spotlight.

September 12, 2022

Blockchain intelligence startup TRM Labs raised a $70M Series B extension led by Thoma Bravo, bringing the round to $130M (Brandy Betz/CoinDesk)

Brandy Betz / CoinDesk:
Blockchain intelligence startup TRM Labs raised a $70M Series B extension led by Thoma Bravo, bringing the round to $130M — Goldman Sachs, PayPal Ventures, Amex Ventures, and Citi Ventures also participated. — Blockchain intelligence firm TRM Labs has raised $70 million …

November 9, 2022

Switzerland-based GRNGrid, a Layer 1 DeFi blockchain that lets users transact on nodes running exclusively on renewable energy, raised $50M from GEM Digital (Brandy Betz/CoinDesk)

Brandy Betz / CoinDesk:
Switzerland-based GRNGrid, a Layer 1 DeFi blockchain that lets users transact on nodes running exclusively on renewable energy, raised $50M from GEM Digital — GRNGrid is a more environmentally friendly layer 1 tailored to decentralized finance. — The GRNGrid blockchain received …

September 22, 2022

A look at Ethereum’s Shanghai update, expected in 2023, and its WARM Coinbase change, which could reduce fees by up to 26x for some major ecosystem participants (Olga Kharif/Bloomberg)

Olga Kharif / Bloomberg:
A look at Ethereum’s Shanghai update, expected in 2023, and its WARM Coinbase change, which could reduce fees by up to 26x for some major ecosystem participants — When the Ethereum blockchain undergoes its next major upgrade, some key participants will likely see fees decline while they’ll remain …

November 7, 2022

Exponential, a DeFi investment discovery and risk assessment service, raised a $14M seed led by Paradigm, with Haun Ventures, FTX’s VC arm, others participating (Brandy Betz/CoinDesk)

Brandy Betz / CoinDesk:
Exponential, a DeFi investment discovery and risk assessment service, raised a $14M seed led by Paradigm, with Haun Ventures, FTX’s VC arm, others participating — The tool helps users assess risks in decentralized finance and compare investments. — Exponential, a decentralized-finance …

October 3, 2022

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