Decentralized Data Platform Space and Time Raises $10M

Space and Time, which started as part of Chainlink Labs’ incubator program, uses Chainlink and other sources to pull data from blockchains, decentralized applications and off-chain systems. It’s database processes the data off-chain, avoiding high transaction or gas fees and slow throughput, and then transmits the data to a validation layer to be verified. The validated data is sent back on-chain to smart contracts, which is where the blockchain application that requested the data can see the results. Source

Startup Incubator Launch House Debuts $10M Fund with Web3 in Focus

House Capital will invest up to $150,000 in each deal with investments happening as the firm comes across new companies rather than at a set pace, said Launch House co-founder Michael Houck. The fund has already deployed capital to 17 startups, and the majority were Launch House veterans. The investments included crypto-accounting software Coinbooks. Source

SSV DAO to Distribute $10M in Grants for Staking Projects Ahead of Ethereum Merge

The SSV (Secret Shared Validator) DAO accrued $10 million in assets through strategic partnerships with Coinbase, DCG (Digital Currency Group is the parent company of CoinDesk), and OKEx. SSV DAO will funnel more than $3 million into open and pre-defined grants for developers building applications, staking pools and other tools needed by the network. In addition, the organization has earmarked $3 million for bug bounties and four million dollars for incentivized programs for early adopters and testers. The grants will be distributed in USDC, ETH and SSV tokens. Source

Michael Saylor’s MicroStrategy Purchased Another $10M of Bitcoin Over Past Two Months

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SuperTeam Raises $10M to Build Blockchain Sports Game

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…