DoubleZero completes a $28M funding at a $400M valuation

This round was led by venture capital firms Dragonfly and Multicoin Capital. DoubleZero is a blockchain infrastructure startup focused on improving blockchain performance by building a global network of private fiber optic cables.

DoubleZero Foundation raises $28 million to expand a Global Fiber Network for blockchains

Multicoin and Dragonfly Capital co-led the $28 million token round with participation from Foundation Capital, Reciprocal Ventures, DBA, Borderless Capital, Superscrypt and Frictionless. DoubleZero aims to offer increased bandwidth and reduced latency for high-performance blockchains by leveraging fiber links from independent network contributors.

DoubleZero also announced today the launch of its permissioned testnet, which will make DoubleZero's protocol available to Solana validators and RPCs in the testing phase.

Performance of the recent Binance Launchpool projects

RedStone (RED) trading went live on the Binance following the Launchpool event. Let's have a look and compare the token metrics of the latest projects launched via Binance Launchpool.

Coinbase acquires Iron Fish’s team to boost Base L2 privacy

The Iron Fish team will establish a new privacy division within Base to accelerate the development of privacy-preserving tools that are both secure and compliant. Notably, the Iron Fish blockchain and its native token will continue to operate independently.

1inch suffered a $5 million exploit due to an outdated resolver contract

Blockchain security firm SlowMist reported that an exploit in 1inch’s Fusion v1 resolver contract led to over $5 million in losses. Regular users were mostly unaffected, while affected resolvers faced direct losses.

Top DeFi dApps by the number of users growth in the last 30D

Among top performers are SuperVol, an options trading platform, UntitledBank, a modular lending platform, and Evoq Finance, a P2P lending optimizer.

📊 Top 10 Promising Projects with Market Capitalization Under $600 million

Latest projects that were added to Coinbase listing roadmap

Aethir (ATH) and Syrup (SYRUP) have been recently added to the Coinbase listing roadmap, meaning that their listing on a platform is just a matter of days. Let's have a look at the recent roadmap additions and the details behind them.

BNB Chain Pascal Hardfork is coming to Mainnet on March 20

Pascal is a major BNB Smart Chain upgrade enhancing EVM compatibility. It introduces EIP-7702, enabling gas abstraction, smart contract wallets, batch transactions/better UX, and more flexibility for developers.

The biggest Fundraising Rounds conducted in the last 7 days

Projects that received the most funding are Flowdesk ($52M), a full-service digital asset trading and tech company, Across ($41M), an intents-based interoperability protocol, and DoubleZero ($28M), a decentalized framework for open networks.

Soneium DeFi Ecosystem Overview

Soneium DeFi ecosystem TVL – $76.2 million, with a 130% growth in the last 30 days. Leading the ecosystem are Kyo Finance ($31.9B), Sonex ($13.3M), and Stargate ($9.55M).

Projects that will hold its initial listing next week

Presenting the list of the projects that have already announced their initial listing and plan to enter the crypto market within the next 7 days. The list includes KiloEx, PAWS, Deeplink, Slingshot, ar.іо network, eventflo and Skald AI.

Binance lists StraitsX USD (XUSD) on March 19th

Trading for the XUSD/USDT pair will start at 8:00 AM UTC. To celebrate the listing, Binance is launching a zero-fee promotion for XUSD spot and margin trading. XUSD, issued by StraitsX, is a fully backed USD stablecoin designed for seamless transactions.

The Biggest Fundraising Rounds in the Last 7 Days

The top-funded projects this week include Binance ($2B), a major crypto exchange, Mesh ($82M), a crypto payments firm enabling seamless digital asset transfers, and RedotPay ($40M), a digital asset payment and wallet platform.

Bubblemaps (BMT) launches on Binance HODLer Airdrops

Bubblemaps is a blockchain data visualization tool that simplifies on-chain analysis through unique, interactive bubble visuals. BMT listing is expected to occur on Binance on March 18, 3:00 PM UTC.

Filecoin’s largest DeFi protocol GLIF launches native token with 94 million GLF airdrop

GLIF has introduced its native token with a community airdrop, rewarding users based on protocol activity and points score. A total of 94 million tokens (9.4% of total supply) has been allocated for the airdrop.

GLIF enables FIL holders to earn rewards through liquid leasing via iFIL, which can be traded or used in DeFi protocols while still generating yield.