🔔Squads Labs, the team developing the leading multisig wallet Squads on Solana, has raised $10 million in a Series A funding round led by Electric Capital with participation from a number of other investors including RockawayX, Coinbase Ventures, L1D, Placeholder, CEO of Helius - Mert Mumtaz.
🔔Lido partners with Mellow Finance - a platform that allows users to generate profits by depositing funds into restaking "vaults" - and Symbiotic - a restaking protocol with a flexible mechanism to help decentralized networks share nodes and blockchain security service providers.
🔔Optimism has announced Fault Proof integration, taking another step on the path towards the Superchain vision.
🔔OKX has seen significant cash outflows. Defillama shows that OKX saw outflows of $204 million in the past 24 hours and $630 million in the last 7 days, exceeding the total outflows of other exchanges.
🔔Zksync officially announced the project's airdrop campaign, 695,232 qualified wallets will receive 17.5% of the total ZK supply, once and only.
Zero-knowledge crypto company Nexus Labs has raised a $25 million Series A round led by investment funds Lightspeed and Pantera.
🔔On the afternoon of June 11, venture capital fund Binance Labs announced its investment in Zircuit - a Layer 2 solution using Sequencer Level Security to help Zircuit develop and expand its ecosystem.
🔔On the evening of June 11, 2024, Polygon announced the launch of a new funding program with a long-term plan to promote ecosystem development called "Polygon Community Grants Program (Polygon CGP) ".
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