Summary
TLDR: This week’s updates in blockchain tech include funding announcements and deals. Chainlink secured $100M in a funding round, while Alchemy raised $80M to enhance blockchain infrastructure. Bitcoin mining firm Compass Mining secured $1.7M, and DeFi protocol dYdX raised $10M. Crypto exchange Kraken is looking to raise funds at a $10B valuation. Additionally, major financial institutions like JPMorgan and DBS Bank are exploring blockchain technology. Overall, the blockchain industry continues to attract significant investments and interest from various sectors.
Key Points
1. Blockchain technology continues to evolve with ongoing upgrades and advancements. The image showcases the latest developments in blockchain tech upgrades, highlighting the industry’s commitment to innovation and improvement.
2. Funding announcements within the blockchain sector have been significant during the period of Feb. 15-21. This indicates a growing interest and confidence in blockchain projects, as investors are willing to contribute capital to support their development.
3. The image also suggests that there have been notable deals taking place in the blockchain industry. These deals could involve partnerships, acquisitions, or collaborations, indicating a dynamic and active market where companies are working together to enhance their offerings and expand their reach.