Launched in June 2021, Injective is a blockchain focused on DeFi and built using Cosmos SDK and Tendermint’s consensus architecture. Injective was the first EVM-compatible Cosmos L1 that allowed cross-chain flow between Ethereum and the Cosmos ecosystem, and the first blockchain to allow completely decentralized orderbook infrastructure. The recent surge came as it announced a $150 million ecosystem fund, together with players such as Jump Crypto and Delphi Labs. The applicants will receive funding in the form of tokens and equity, mentorship, technical assistance, and marketing, among others.
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Talk of the Town
Popular NFT collection Doodles is back with Doodles 2! The new collection features a series of wearables for Doodles holders to customize their very own Doodle NFTs. The Doodles 2 project is set to launch on Flow, a highly composable Layer 1 protocol that would enable users to hold Doodles that are “portable and interoperable”.
Check out what else is buzzing in the crypto scene today:
Tesla’s Bitcoin holdings remain unchanged in 22Q4. (, Link,)
Crypto exchange Mango Markets sues exploiter for $47M in damages. (, Link,),,Amazon is reported to launch its NFT initiative soon. (, Link,)
