funding

MagicBlock Secures $7.5M to Enhance Solana Blockchain Performance

MagicBlock Secures $7.5M to Enhance Solana Blockchain Performance

MagicBlock, a real-time engine designed for decentralized games and applications on the Solana blockchain, has successfully raised $7.5 million in a seed round. This funding will jumpstart the deployment of cutting-edge technology. As a hybrid of blockchain functionality and traditional server capabilities, it harnesses the best of both worlds. MagicBlock...

Axelar (AXL) Rises Amid Cross-Chain Development and Funding Initiatives

Axelar (AXL) Rises Amid Cross-Chain Development and Funding Initiatives

Axelar is a proof-of-stake decentralized network that provides secure, universal cross-chain communication. At the time of writing, it sits at #140 on CoinMarketCap, with a strong $303,750,770 USD live market cap. The network empowers developers to build decentralized applications (dApps) with seamless cross-chain functionality through its suite of protocols, tools,...