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Amazon Ethereum

Amazon Makes Hosting An Ethereum Node Easier

Amazon Managed Blockchain, an AWS offering, now fully supports Ethereum. This means that companies will be able to spin up a node “in minutes” as the release says. Customers will be able to offload infrastructure issues of “data reliability due to out-of-sync nodes, data storage scaling challenges, and time-sensitive Ethereum software upgrades,” to AWS. This …

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Aavegotchi NFT

Aavegotchi NFT Drop Sells Out in Under One Minute

Aavegotchi, a DeFi game revolving around digital “fren” avatars similar to Tamagotchi, sold out of their first drop of 10,000 NFTs in under one minute. Including additional sales of “wearable” and “consumable” NFTs that players can use on their Aavegotchi, collectors bought $5.5M worth of tokens. The Aavegtochi NFTs came in the form of “Portals,” …

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InsurAce Raises $3M in Round Led by Alameda & HashKey

InsurAce, the Singapore-based insurance protocol, raised $3M in a token-based funding round led by Alameda Research and HashKey Capital. Investors from the project’s $1M seed round, DeFiance Capital, ParaFi Capital, Hashed and Signum Capital, also participated. The round was completed with institutional investors, including, IOSG Ventures, ImToken Ventures, LongHash Ventures, HashGlobal, Tembusu Partners, Factorial Ventures, …

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DeFi Pulse Index Adds Sushi

The DeFi Pulse Index (DPI) has added Sushiswap’s Sushi token to its set of assets.  DPI now includes 12 tokens, with Sushi comprising 8% of the index’s total value. The only three project’s with tokens representing higher allocations are Uniswap, Aave, and Synthetix, with 30, 19, and 13% respectively. The projects launched within a month …

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Enjin Launches Two NFT Scaling Solutions

Enjin, the blockchain software company that co-created the ERC-1155 token standard, will be launching two scaling solutions intended to remove gas fees and provide cross-chain support for NFTs. JumpNet will be a “high-speed bridge network” that allows users to mint, distribute, and trade ERC-1155 NFTs (and ERC-20 tokens) without any gas cost or transaction fees. …

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