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- Insider asked crypto execs and experts where the industry will go after critical partners failed.
- Markets are at risk of more volatility and less liquidity in the near term, one cofounder said.
- Others see a bull case for decentralized finance and parking assets in non-custodial wallets.
Crypto is facing a banking problem, with three of the industry's crucial financial partners shuttering in the past week.
Tonstarter Closes $1.5 million Seed Round as Primary Fundraising Platform for The Open Network (TON)
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Tonstarter Closes $1.5 million Seed Round as Primary Fundraising Platform for The Open Network (TON)
Dubai, UAE, March 09, 2023 (GLOBE NEWSWIRE) -- The TON Foundation, a non-profit association of developers and enthusiasts that exists to advance The Open Network (TON), has today announced that Tonstarter, the primary fundraising platform on TON, has closed a seed round of $1.5 million.
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- New USD 5 million growth platform for web3 and blockchain businesses at the DMCC Crypto Centre
- DWF Labs partnership marks the Centre’s latest partnership with a global web3 leader
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- Conflux raised $10 million from DWF Labs.
- DWF Labs bought the Conflux tokens, which will “linearly unlock over a period of time,” Conflux co-founder Fan Long told The Block.
Conflux, a Layer 1 blockchain developer, raised $10 million from DWF Labs.
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WiFi Map, a leading internet connectivity tool with over 150 million users, is launching the $WIFI utility token on March 30, 2023 in partnership with digital asset market maker DWF Labs.
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One of the biggest drivers of innovation in the crypto ecosystem is Venture Capitalist firms. These firms fund the dreams of founders and allow them to create new solutions to drive Web3 forward. These new solutions grow the crypto ecosystem and create even more opportunities.