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NEWS & Weekly Essentials

Edition #36 - 30 SEP 2022


Specifically, the TVL recorded in December 2021 stood at a whopping $303.8 billion, only to drop to $96.3 billion in September 2022 – a loss of 68.3%.

Total value locked in DeFi decreased by 10% in the last 30 days, from $106 billion where it stood a month ago, to the current $96.3 billion. Notably, the dominance of Ethereum (ETH) in the DeFi space continues, as it accounts for $56.3 billion or 58.46% of the entire DeFi TVL.



gaming developments


metaverses & Adoption


defi


funding rounds

  • Strike, a bitcoin payment provider, raises an $80 million Series B, in a round led by Ten31, with participation from Washington University in St. Louis, the University of Wyoming and previous investors.

  • Theorycraft, a game development studio, raises $50 million in a Series B funding round led by Makers Fund, with participation from NEA and a16z;

  • MPCH Labs, a web3 security developer, completed its $40 million Series A led by Liberty City Ventures. Other investors included QCP Capital, Ledger Prime, Animoca Ventures, Human Capital and Oak HC FT.

 



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