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DeFi-Focused Layer 1 Berachain Raises $42M Series A at $420.69M Valuation
The round was led by Polychain Capital and included participation from venture capital firms Hack VC, dao5, Tribe Capital, Shima Capital, CitizenX and Robot Ventures.
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(Mika Baumeister/Unsplash)
Developers Block Potential ‘Eight-Figure’ Exploit Involving Cosmos-Based Ethermint
Ethermint enables the use of Ethereum smart contracts within the Cosmo ecosystem and is employed by several chains, including Cronos, Kava and Canto.
(Mika Baumeister/Unsplash)

(Yagi Studio/Getty Images)
DeFi Hub Nibiru Chain Valued at $100M After $8.5M Seed Funding Round
The startup will launch its mainnet and stablecoin this summer.
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Quasar logo (Quasar)
Cosmos-Based DeFi Protocol Quasar to Start Mainnet After Raising More Than $11.5M
Quasar is optimized for managing DeFi investments across multiple blockchains.
Quasar logo (Quasar)

Canto daily active addresses and transactions (Artemis)
Layer 1 Blockchain Canto’s Daily Active Addresses and Transactions Dips 89% in February
In face of the recent drop in network activity, Canto’s total value locked has held steady at $189 million.
Canto daily active addresses and transactions (Artemis)

Mars Hub goes live on Cosmos. (Luca R/Unsplash)
Original Terra Lending Protocol Mars Hub Deploys Mainnet, Issues Airdrop
The protocol will initially be rolled out on Osmosis, Cosmos' largest decentralized exchange.
Mars Hub goes live on Cosmos. (Luca R/Unsplash)

(Rachel Sun/CoinDesk)
Tech’s Money Woes: Beginning of the End for Web2?
Gloomy forecasts, mass layoffs and antitrust lawsuits have bruised "Big Tech" over the past year. But that doesn't automatically portend the end of Web2. For Web3 to emerge, w...
(Rachel Sun/CoinDesk)

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Cosmos DEX Osmosis to Make Cross-Chain Trades More Efficient With Neon Upgrade
The upgrade would also make pricing ticks more efficient and will stave off liquidity attacks utilizing upward price manipulation.
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(Danial Igdery/Unsplash)
Crypto Developers Grew in Numbers Amid Bear Market, VC Firm Electric Capital Says
Developers are focusing on alternative ecosystems to Bitcoin and Ethereum, helping them grow faster, the VC firm said in a report.
(Danial Igdery/Unsplash)

(Pixabay)
Cosmos-Based DeFi Protocol Quasar Raises $5.4M
Venture capital firm Shima Capital led the round at a $70 million valuation.
(Pixabay)