MATIC Coin and these 6 Altcoins have interesting news, including investments!

Avail Raises $43 Million in Series A Funding Round. Polygon Labs (MATIC Coin) Acquires Toposware. ProShares is preparing to launch two EthereumETF-linked. And more…

News from WLD, MATIC Coin and these 5 altcoins!

Avail Completes $43 Million Series A Financing!

Useful raised $43 million in a Series A funding round ahead of its mainnet launch. The project is a modular blockchain born from Polygon last year. Peter Thiel’s Founders Fund, Dragonfly and Cyber ​​Fund are co-leading the round, Avail said. Other investors included SevenX Ventures, Figment Capital, Nomad Capital, Chapter One, Foresight Ventures, Mirana Ventures, KR1, Alliance and Hashkey Capital. Many investors, including Founders Fund and Dragonfly, have become Avail supporters again. They also increased their investment in the project.

Polygon Labs (MATIC Coin) acquires Toposware

Polygonal laboratories (MATIC Coin) has acquired Toposware, a zero-knowledge focused blockchain research and engineering company. It also worked with the company to develop its Type 1 demonstrator. This acquisition is part of Polygon Labs’ (MATIC Coin) strategy to develop its zero-knowledge arsenal. In particular, it will be useful in the development of AggLayer, which extends interoperability capabilities between ZK-based Ethereum Layer 2s. This marks Polygon’s third major acquisition of ZK in less than three years. Polygon Labs (MATIC Coin) did not disclose specific details or terms of the deal.

Gitcoin will launch its first round of fundraising today

Gitcoin announced today that it will launch the first round of fundraising for the Sei Foundation Creative Fund. The Sei community will award a $250,000 prize pool via the Gitcoin Grants Stack to support projects built in the Sei ecosystem.

ProShares launches two Ethereum-linked ETFs

ETF Issuer ProShares announced the launch of two ETFs linked to Ethereum: ETHT and ETHD. The ProShares Ultra Ether ETF (ETHT) will target a daily ETH return of 2x. The ProShares UltraShort Ether ETF (ETHD) will target -2x the daily return of ETH. These will be the first products of their kind listed in the United States. Both ETFs are expected to list on the New York Stock Exchange on Friday, June 7.

DTX goes live on Taiko’s main network

The decentralized trading and liquidity protocol DTX.trade has officially launched on the Taiko mainnet. It also added a new spot compensation feature Taiko. Therefore, the Taiko network will provide its users with spot trading and decentralized perpetual contracts with a maximum leverage of 50x. DTX also announced that it will launch Launchpad. Users can earn DTX Fuel Points by trading on DTX.

Cookie will launch its native token COOKIE on June 13th!

The COOKIE token, provided by Animoca Brands, will launch on June 13th. COOKIE is the governance and utility token of the Cookie ecosystem, a Web3 user analytics startup. Cookie completed a $2.5 million financing in August 2022 led by Spartan Group, Hartmann Capital and Big Brain Holdings with participation from LD Capital, Jsquare, Block54, Damo Labs, Master Ventures and Gravity Team. As you followed Cryptokoin.comAnimoca Brands announced last week that it had invested in COOKIE tokens.

Worldcoin stops data collection in Spain

The Spanish Data Protection Agency (AEPD) has shut down Worldcoin’s operations in Spain. The agency announced that Tools for Humanity Corporation, which operates Worldcoin, has agreed to stop collecting and processing personal data by the end of 2024, pending ongoing investigations into its data processing practices. The AEPD’s decision follows a trend of broader scrutiny of Worldcoin operations across Europe. Germany’s Bayerisches Landesamt für Datenschutzaufsicht (BayLDA) is also examining The one from Worldcoin activity. This investigation focuses primarily on how the organization handles users’ personal data.

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