Significant Funding Reaches $364.47 million, MEXC Listing Hashflow

ejkt

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Aug 29, 2022
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From Oct. 31 to Nov. 6, 2022, 28 projects in the Web3 space have raised a total of $364.47 million, according to MEXC Research. Among them, Metaverse, NFT, and GameFi projects raised $76.77 million. DeFi and Web-3 projects raise $55.7 million. Infrastructure projects raised $232 million in funding.
Last week, there were several events worth noting:
1.The XEN tokens have been listed on MEXC, with a 3-day gain of 341.12%, and are available on the chains XEN(erc20), BXEN(bsc), MXEN(polygon), FMXEN(Fantom), and DCXEN(Dogechain).
2.MEXC launched future Second-level K-line function to support 1-Second interval chart for USDT-M Futures of BTC and ETH.
3.MEXC-listed Hashflow (HFT/USDT) is a decentralized exchange built for interoperability, zero slippage, and MEV-secured trading.

Hot News
  1. The pNetwork cross-chain bridge was hacked, and the pGALA token on BSC was over-issued by 1 billion dollars
BNB chain addresses created over $1 billion worth of pGALA tokens from scratch and profited from the sale on PancakeSwap, causing GALA to drop more than 20% in a short period of time.
The pGALA contract on the BNB Chain needs to be redeployed owing to a misconfiguration of the cross-chain bridge, according to the multi-link protocol pNetwork's tweet. GALA tokens on Ethereum and other assets on the bridge are secure as of right now.

  1. Instagram will enable creators to mint and sell NFTs directly within its app
In order to sell their own NFTs (or digital collectibles) to fans and collectors both on and off Instagram, Instagram developed a means for artists to do so. The first partner selected by Meta for this feature is Polygon.
Creators will now have access to a toolbox that will enable them to produce, market, and sell NFTs. With the intention of bringing it to more nations, Meta is testing this new functionality with a select number of US authors.