Ethereum layer-2 Boba Network integrates The Graph

The Graph’s hosted service is about to be integrated into the Ethereum layer-2 scaling solution built on optimistic roll-up technology, according to a press release from Boba Network. The Graph is an indexing and query layer for web3, sometimes referred to as the “Google of Web3.” The beta integration means Boba developers can leverage the indexing…

Layer-2 money market ZkLend raises $5 million in seed round

Ethereum Layer-2 scaling solutions are seeing more and more protocols building on them as the technology becomes increasingly mature. A month ago Yearn Finance launched its first layer-2 powered service on optimistic rollup protocol Arbitrum, and three weeks ago StarkWare themselves raised $100 million at a $6 billion valuation. The latest protocol to jump on…

Roll-up developers StarkWare to raise $100M at a $6B valuation

Just three months after the last series C funding round, the Israeli company StarkWare is raising another $100 million at a $6 billion valuation, according to a report by the Israeli tech outlet Calcalist. The last series C round closed in November, brought in $50 million at a $2 billion valuation, thus tripling the company…

Polygon includes $23 billion sports betting company DraftKings as network validator

Valued at $23 billion, DraftKings, a digital sports entertainment and gaming company, today joins the Polygon ecosystem as a validator and node operator, marking this the first time a major publicly-traded firm has taken an active role in blockchain governance. Polygon validators are responsible for verifying the authenticity and validity of transactions on the network…