March 21: Morph, a fully permissionless Ethereum Virtual Machine (EVM) layer 2 for value-driven dApps, announced the close of a $19 million seed round, led by DragonFly Capital with additional participation from Pantera Capital, Foresight Ventures, The Spartan Group, MEXC Ventures, Symbolic Capital, Public Works, MH Ventures, Everyrealm, with an additional $1MM raised in an angel round. According to the press release: “The innovative technology is built within three key pillars – decentralized sequencer, optimistic zkEVM integration and modular design.”
March 21: Elastos, a blockchain project, announced BTC Oracle, “a radical new solution that will enable every EVM-compatible blockchain to be a Bitcoin L2, the most comprehensive solution for cross-chain operability involving Bitcoin and EVM blockchains yet.” According to the team: “The BTC Oracle is part of Elastos’s BTC L2, ‘BeL2,’ the first BTC L2 to enable the direct development and management of Bitcoin-native smart contracts. Elastos’ BTC Oracle acts as a zero-knowledge proof data feed that provides real-time Bitcoin information to EVM smart contracts. A prototype is now available to illustrate how you can stake ELA in return for Bitcoin rewards.”
VeChain Announces ‘Meatless’ App for Sustainable Food Products as Hackathon Winner
March 21: VeChain announced the winners of its most recent hackathon hosted at the University of Cambridge in partnership with EasyA and with participation from BCG. According to the team: “The hackathon encouraged the development of the VeBetterDAO platform, a sustainable ecosystem designed to incentivize enterprise and individual positive impact and resulted in 50+ X-2-Earn projects. VeChain track winner: Meatless, an app that incentivizes buying sustainable food products BCG track winner: EcoNex, an app promoting eco-friendly travel Pitch-a-thon track winner: LogiQ, an app designed to streamline trucks freight-sharing.”
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