GnosisDAO
Spins
Off
Karpatkey
June
4:
GnosisDAO
voted
to
spin
off
karpatkey
as
a
stand-alone
entity
managed
by
the
KPK
token.
Karpatkey
has
managed
over
$2.6
billion
in
treasuries
since
its
launch,
providing
risk
management
and
on-chain
financial
services.
Karpatkey’s
clients
include
Uniswap,
GnosisDAO,
CoW,
MakerDAO,
Safe,
and
Arbitrum,
among
others,
according
to
a
representative
for
Gnosis.
Mantle
EcoFund
Deploys
$5M
June
4:
Mantle
EcoFund,
with
a
capital
pool
of
$200M,
deployed
$5M
in
its
second
capital
call.
“Seven
Mantle
Ecosystem
SocialFi
and
gaming
projects
have
received
fresh
funding:
MetaCene,
Blade
Games,
Co-Museum,
Fingerlabs,
L3E7,
and
DreamOS,”
said
Mantle.
“The
newly
inducted
projects
within
Mantle
EcoFund
portfolio
underscore
Mantle’s
belief
in
the
transformative
power
of
SocialFi
and
gaming
applications
to
onboard
the
next
billion
users
to
web3.”
Everclear
Launches
Clearing
Layer
for
Web3
June
3:
Connext
has
rebranded
to
Everclear
to
build
a
Clearing
Layer
for
Web3,
solving
liquidity
fragmentation
for
modular
blockchains.
Everclear
secured
$5
million
from
Pantera
Capital
and
launched
its
testnet
to
reduce
liquidity
management
costs
across
chains.
According
to
Everclear,
their
system
“can
reduce
the
cost
and
complexity
of
solving
and
liquidity
management
across
chains
by
as
much
as
90%.”
Nuklai
HelixVM
Early
Testnet
Launches
June
2:
Nuklai,
a
layer-1
blockchain
built
for
artificial
intelligence,
launched
the
first
phase
of
its
HelixVM
Early
Testnet,
introducing
core
functionalities
for
developers
and
users.
The
testnet
allows
transferring
tokens,
minting,
and
other
interactions,
supporting
developers
to
build
on
HelixVM.
Celo
Integrates
Chainlink
CCIP
May
29:
Celo,
the
layer-2
blockchain
for
Ethereum,
has
integrated
Chainlink’s
CCIP
for
cross-chain
interoperability.
This
integration
aims
to
enhance
cross-chain
security
and
reliability,
supporting
various
token
transfer
mechanisms
and
positioning
Celo
for
on-chain
innovation.
SCRYPT
Funding
Round
May
29:
SCRYPT,
a
provider
of
crypto
asset
financial
services,
has
closed
a
$5
million
strategic
funding
round
led
by
Braza
Bank.
This
funding
will
support
SCRYPT’s
expansion
in
LATAM
and
enhance
its
product
offerings.
JOJO
Implements
ZK-Proof
for
Funding
Rates
May
29:
JOJO,
a
perpetuals
exchange
on
Coinbase’s
Base
blockchain,
is
partnering
with
Brevis,
to
implement
ZK-proof
technology
for
funding
rates.
This
aims
to
bring
price
stability
and
better
liquidity
for
traders
by
efficiently
calculating
funding
rates.
“A
precise
funding
rate
is
essential
to
perpetual
futures,
as
it
keeps
contract
prices
aligned
with
spot
prices,”
the
company
said.
“Even
so,
it’s
computationally
intense.
With
Brevis’
ZK
Coprocessor
technology,
the
funding
rate
can
be
calculated
efficiently
and
quickly,
creating
an
accurate
funding
rate
to
benefit
all
traders.”
Helix
2.0
by
Injective
Launches
May
29:
Helix,
a
decentralized
spot
and
derivatives
exchange
on
Injective,
released
Helix
2.0,
featuring
new
trading
tools
and
support
for
new
perpetual
futures
contracts.
“Helix
2.0
broadens
DeFi
trading
capabilities
by
offering
TradFi
market-making
tools
and
opens
new
gateways
to
capitalize
on
RWAs
in
decentralized
markets,”
said
Injective,
who
shared
the
news
with
CoinDesk.
API3
Strategic
Funding
Round
May
28:
API3
has
completed
a
strategic
funding
round
led
by
DWF
Labs,
raising
$4
million.
The
funding
will
enhance
liquidity
and
support
API3’s
growth
strategy,
according
to
the
company.
API3’s
Total
Value
Secured
(TVS)
has
increased
significantly
to
over
$1
billion,
the
team
says,
as
it
has
integrated
with
new
chains
like
Optimism
Superchain
and
Worldcoin.
The
Graph
Demos
AI
Chatbot
May
28:
Semiotic
Labs
released
a
whitepaper
on
AI
services
and
launched
a
demo
of
Agentc,
a
ChatGPT-like
tool
built
on
The
Graph,
the
blockchain
indexing
platform.
The
chatbot
aims
to
facilitate
blockchain
data
access
via
natural
language,
and
a
demo
will
be
available
for
two
weeks.
