Starknet and zkSync buck trend as crypto ecosystems shed devs by 28%
Monthly active developers across the crypto ecosystem fell 28% year-on-year in October, though some have managed to buck the trend. Go to Source
Electric Capital
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Number of devs increased during crypto winter: Electric Capital report
Ethereum continues to be the dominant blockchain for developer activity, however, a few other chains continued to make ground. Go to Source Powered by WPeMatico
Number of DAOs increases 8X along with spike in votes and proposals
The total number of DAOs has increased dramatically over the past 12 months along with their participation rates, but it may not mean decentralized governance is catching on. Go to Source Powered by WPeMatico
Near Foundation Raises $150 Million to Bolster Web3 Adoption
On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than 7% against the U.S. dollar. Near Foundation Gets a $150 Million Capital Injection The team behind … Read more
Defi Derivatives Exchange Dydx Raises $65 Million – Project Plans to ‘Launch a Mobile Application’
The decentralized exchange (dex) Dydx announced the organization has raised $65 million in a Series C funding round led by Paradigm. The Dydx announcement notes that the additional capital will be leveraged to “significantly improve liquidity” on the dex platform “through the volatility of the cryptocurrency markets.” Defi Exchange Dydx Raises $65 million from Strategic … Read more
