📬 Inbox Dump #72

Hello Defiers! Welcome to Inbox Dump where we include the updates and announcements that flood our DMs each week and didn’t make it to The Defiant’s content platforms. Sometimes announcements here didn’t meet the bar to become a news story, sometimes they may have slipped through the cracks, or they came late and we haven’t had a chance to cover.

At The Defiant we cover the most important DeFi-related news and developments but we know many of you are hunting for projects before they are fully developed and before they are newsworthy. Our goal with this installment of the newsletter is to help you find them. Look at this as the starting point to DYOR.

We also include a compilation of DeFi and crypto funding rounds in the past week so you have these in one handy place.

Keep in mind these have been unedited. With that—here we go!

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Inbox Dump!

✉️ Ethereum and Solana disrupt venture capital with Coinbase-backed DAODAO

Blockchains like DeSo enable founders to raise money from millions of Bitcoin, Ethereum, and Solana users with just the click of a button.

✉️ Boba Network Becomes First L2 on Moonbeam

Boba Network, one of the fastest and most resource-efficient second-layer solutions for Ethereum (ETH), expands its offering to a new ecosystem.

✉️ Billions of real-world, asset-backed NFTs are coming to allow the subsequent killer Web3 use case

Vera Labs, the firm behind DeFi protocol for NFT that demonstrated the first non-custodial rental of 1M greenbacks “Bored Ape Yacht Membership”, signed a settlement with Lux Companions to convey billions of {dollars} value of treasured metals and assets on-chain, starting with uranium-backed NFTs.

✉️ Warner Records & Probably Nothing present Web3 imprint 'Probably A Label' with Diddy scheduled for first music drop

Former restaurateur turned web3 creator of Probably Nothing, Jeremy Fall, announces the launch of Probably A Label, a web3 record label in collaboration with Warner Records.

✉️ BAYC NFT Worth $137k Won In Life-Changing MetaWin Web3 Competition London, England

Lucky Web3 user SUPER has won the life-changing NFT prize BAYC #7159, worth an eye-watering $137,000, all thanks to innovative tech company MetaWin.

✉️ GameFi platform Epic League completes successful strategic and private rounds

Oct. 12, 2022 — The blockchain-based gaming platform Epic League has closed successful strategic and private rounds. Also, the premiere title of Epic League, Dark Throne, debuted globally on Sept. 28.

✉️ 01etc and Seoul Design Foundation Open NFT Gallery

The NFT marketplace 01etc, operated by Delio, Korea’s first crypto bank, opens an NFT exhibition in the Seoul Design Plaza (DDP) through collaboration with the Seoul Design Foundation.

✉️ RichQuack briefly became the third-largest meme coin by market cap

RichQuack (QUACK) briefly became the third-largest meme coin by market capitalization overnight, trailing only Dogecoin and Shiba Inu, before profit-taking dropped it back to fifth, below Baby Doge Coin and Dogelon Mars.

✉️ MoonXBT Announces Country Level Cooperation with Cambodia Signing MOU with SERC

MoonXBT, the leading crypto social trading exchange, signed the MOU with the Securities and Exchange Regulator of Cambodia (SERC) on Oct. MoonXBT will work with SERC closely to promote the development of digital assets in Cambodia in regards of raising awareness and human resources.

✉️ The Girles Token Project Successfully Raised Over $1.2 Million in Presale

Belarus, 14th October - Girles Token is a decentralized NFT GameFi token created on the Ethereum platform, which is available for presale right now for every investor.

✉️ Primex Finance Launches Its Beta Version, Letting Users Experience Its Cross-DEX Trading Features

Ukraine, 13th October - Primex Finance, launches the Primex Beta on the Ethereum Goerli testnet. The Beta version allows users to experiment with the protocol’s cross-DEX spot margin trading.

✉️ Staking capabilities with high APY percentages now available on Amulet

As Amulet has now been launched, the crypto community will be delighted to know that the platform has officially added staking capabilities with considerably high APY percentages.

✉️ GIANT Protocol and IoTeX Partner for Global Decentralized IoT Connectivity

GIANT Protocol and IoTeX have joined forces to accelerate the trillion-dollar Web3 machine economy and provide decentralized IoT eSIM connectivity in 155 countries.

✉️ Bizverse (BIVE) - Metaverse project joining "Meta Start up Accelerator and IMDA" - Gets Listed On XT.COM In Main Zone

SINGAPORE, Oct. 12 - XT. COM, the world's first social-infused exchange, announces the listing of the BIVE token in its Main Zone. With the new token listing, users can trade BIVE seamlessly on the trading platform of XT.

✉️ Online Luxury Watch & Jewelry Shop Watches World Lets Customers Pay with Over 100 Different Cryptocurrencies

14th October, Miami — Luxury watch and Jewelry online shop Watches World has made a foray into the blockchain world with the adoption of crypto payment support for BTC, ETH, BNB, SOL, and other top cryptocurrencies.

✉️ XEN Crypto Detonated the Crypto Market, Cryptocurrency Trading Platform MEXC Became Its Main Battlefield

October 10 - According to Ultrasound data, the ETH burned during the minting process reached 2,271 on October 10, accounting for 19.46% of the total burning of the Ethereum network on October 7.

✉️ Scalable Solutions to present at the Forex Expo 2022 in Dubai

Oct. 12, 2022 — Scalable Solutions, a digital assets enabler offering institutional-grade exchange and crypto wallet technology, will be attending the Forex Expo in Dubai on Oct. 19–20, 2022.

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Funding

💰 Crypto Exchange Uniswap Labs Raises $165M in Polychain Capital-Led Round

Uniswap Labs raised $165 million in a Series B funding round led by Polychain Capital. Other returning investors included the crypto arm of venture-capital firm Andreessen Horowitz, Paradigm, SV Angel, and Variant Investments.

💰 Crypto Custodian Copper Raises $196M in Series C Funding Round

The new funding is part of an ongoing Series C investing round in the company. Of the $196 million, $181 million came from new and existing shareholders, with the rest coming from a convertible loan note.

💰 Smart-Contract Platform Soroban Receives $100M to Build on Stellar Network

Native smart-contract platform Soroban has launched on the Stellar network with the support of a $100 million fund, it said Tuesday.

💰 Investing App Stash Raises $52.6M Weeks After Expanding Access to Cryptocurrencies

On Oct. 4, Stash expanded access to eight cryptocurrencies for its more than two million active subscribers in the U.S. through separate crypto accounts.

💰 Blockchain Development Platform Tatum Raises $41.5M From Octopus, Circle, Others

Blockchain development platform Tatum has raised $41.5 million in funding from Octopus Ventures, Circle, Leadblock Fund, and founders of crypto exchange Bitpanda, among others.

💰 nxyz Raises $40M Series A, Led by Paradigm, to Enable Faster Blockchain Indexing

Led by Paradigm, with participation from Coinbase Ventures, Greylock Partners, Sequoia Capital, and angels like Balaji Srinivasan, Jaynti (JD) Kanani, Jing Wang, Packy McCormick, Surojit Chatterjee, Ryan Selkis, and others.

💰 Singapore-Based Crypto Investment Startup Pillow Raises $18M Series A

The funding round was co-led by Accel and Quona Capital with participation from Jump Capital and Elevation Capital.

💰 A16z Crypto Leads $14M Bet In Rye, Justin Kang’s New Web3Commerce Startup

Twitch co-founder Justin Kan is launching a new startup in the web3 world. The company is launching with capital funding of his $14 million venture led by a16z crypto.

💰 Crypto Hardware Maker Fabric Systems Raises $13M in Seed Funding

Participating in the round were Metaplanet - the investment vehicle of Skype co-founder Jaan Tallinn – Blockchain.com and 8090 Partners.

💰 Enterprise Crypto Wallet Startup Pine Street Labs Raises $6M in Polychain-Led Round

Polychain Capital led the round with participation from Blockchain Capital, Coinbase Ventures, Genesis, CoinList, Figment, and BECO Capital.