Over the span of three months, Parallel Finance’s valuation has increased about 67% from $150 million to $250 million, CEO Yubo Ruan told Blockworks. The post Parallel Finance Valuation Rises 67% to $250M in Three Months appeared first on Blockworks.

During today’s keynote, Cosmos revealed the launch of a new blockchain for trialling protocols before mainnet launch. The post Cosmos is building a new blockchain called Sagan for experimentation appeared first on The Block.

SubQuery Network, a data indexing protocol for the Polkadot and Kusama ecosystems, has raised $9 million in a new funding round. The post SubQuery, indexing protocol for Polkadot ecosystem, raises $9 million in SAFT sale appeared first on The Block.

Parallel Finance, a Polkadot-based DeFi protocol, has raised $22 million in a Series A funding round. The post Polkadot-based DeFi protocol Parallel Finance raises $22 million in Series A funding appeared first on The Block.

Karura Swap opened for trading with $3.4 million in total value locked.