Polkadot-based blockchain interoperability protocol t3rn has raised $6.5 million in a round led by Polychain Capital.
Proximity Labs, along with three decentralized exchanges on the Near Protocol blockchain — Orderly Network, Spin, and Tonic — announced a $10 million developer fund.
As investors and the authorities pick through the rubble of the now defunct FTX, one thing we can be sure of is that blow ups of this ilk and those involving so called pioneers earlier in the year, bring down the reputation of the cryptocurrency ecosystem.
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