Layer-2 and multi-chain DeFi platforms see record inflows as Ethereum fees soar

Layer-2 and multi-chain DeFi platforms see record inflows as Ethereum fees soar

High transaction fees have been a persistent thorn in the side of investors and blockchain projects since at least 2014 when Ethereum Network co-creator Vitalik Buterin stated in reference to Bitcoin, “The ‘Internet of Money’ should not cost $0.05 per transaction. It’s kind of absurd.”  Fast forward to November 2021…

Pakistani blockchain marketplace completes record $30M raise

Pakistani blockchain marketplace completes record $30M raise

Pakistani blockchain-powered business-to-business (B2B) marketplace, Bazaar Technologies, has secured $30 million in the country’s largest Series A round to date. Bazaar announced the closure of its latest raise on Aug. 24, revealing that th Silicon Valley-based Defy Partners and Singapore’s Wavemaker Partners had led the funding round. The round also…

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