[New Fundraising] Inco Network raised $5M strategic financing led by a16z crypto CSX

Inco Network is an EVM Layer-1, utilizing fully homomorphic encryption (FHE) to enable composable and operable confidential states. Its fhEVM (FHE + EVM) makes it possible to write private smart contracts and perform computations on top of encrypted data without requiring its decryption.

More about Inco Network:
https://www.rootdata.com/Projects/detail/Inco%20Network?k=OTc5Ng%3D%3D

Source:
https://x.com/inconetwork/status/1915436337009967174

[New Fundraising] MagicBlock Raised $7.5 Million Seed Round, Led by Faction

Magicblock is an open-source stack on Solana & SVM that enables anyone to build and play on-chain games.

More about Magicblock:
https://www.rootdata.com/Projects/detail/Magicblock?k=MTA1NjQ%3D

Source:
https://x.com/magicblock/status/1915497345657283061

🚀 RootData Weekly Crypto X Leaderboard is here!

Alpin Yukseloglu has topped our People Leaderboard this week after joining Paradigm as an Investment & Research Partner. Paradigm was the lead investor in his first company, Osmosis, and has shaped much of his journey since.

Alpin brings deep expertise in protocol design, especially around making bold tradeoffs to push performance and usability. At Osmosis, he focused on integrating multiple layers into consensus to better serve users — work he plans to continue at Paradigm.

👑 Top 5 this week:

1. Alpin Yukseloglu - Partner, Investment & Research at Paradigm - 162
2. Jack Mallers - Founder at Strike - 128
3. Tomasz Stanczak - Founder at Nethermind - 97
4. Nenter Chow - Global CEO at Bitmart - 90
5. Xtine Fang - Managing Partner at PSE Trading - 78

Who’s leading the conversation in Web3? Who’s gaining momentum?

👉 Stay tuned for weekly updates.
🔗 https://www.rootdata.com/people

[New Tag]: MCP

MCP, or Model Context Protocol, is an open standard designed to connect AI models and AI assistants with external tools and data sources.

These are MCP concept-related projects collected by RootData: https://www.rootdata.com/Projects?sn=MCP%20&snc=MCP%20&sd=352

Recent important job changes: https://www.rootdata.com/people

Tokens that recently completed TGE: https://www.rootdata.com/Market?type=3

Weekly Hot Projects🔥 (Apr.22 - Apr.28)

📈 Hey #CryptoFam! 🚀 We've just updated our weekly #CryptoTrends ranking list, based on your #RootData searches. 💻

🎯Top 10 winner is Initia, Zora, Hyperlane, Sign Protocol, Loopscale, KiloEx, OKZOO, Twenty One, Cantor Fitzgerald, Dolomite.

Keep up with the hottest buzz in the industry and stay ahead of the trends. Don't miss out - check it out! 👇

https://rootdata.com

[New Fundraising] Unto raised $ 14.4 M in funding round, led by Framework Ventures and Electric Capital.

Unto is a next-generation Layer 1 blockchain with a focus on performance and user experience.

More about Unto:
https://www.rootdata.com/Projects/detail/Unto?k=MTYwMjg%3D

Source:
https://fortune.com/crypto/2025/04/29/unto-labs-fundraising-framework-ventures-electric-capital/

[New Fundraising] Camp Network raised $ 25 M in Series A round, led by 1kx and Blockchain Capital.

Camp Network is a modular L2 leveraging offchain data from Web2 social platforms to enable onchain value creation. Camp Network empowering users and creators in social media, music, entertainment, and more.

More about Camp Network:
https://www.rootdata.com/Projects/detail/Camp%20Network?k=MTIxODQ%3D

Source:
https://fortune.com/crypto/2025/04/29/camp-network-30-million-ai-blockchain-1kx-blockchain-capital/

[New Fundraising] Miden raised $ 25 M in Seed round, led by Andreessen Horowitz, Hack VC and 1kx.

Miden is an Ethereum Layer 2 scaling solution based on zk-STARKs (zero-knowledge scalable transparent proof of knowledge) launched by Polygon, which aims to improve the scalability and security of the Ethereum network.

More about Miden:
https://www.rootdata.com/Projects/detail/Miden?k=MTYzMjc%3D

Source:
https://fortune.com/crypto/2025/04/29/miden-a16z-privacy-blockchain-polygon-labs/

Hot Projects on 𝕏: https://www.rootdata.com/xdata

[New People Archive]

Famous Crypto influencers list

Top100 influencers on Crypto X

Crypto OG

CT 华语圈 Top 100 影响力人物

知名华语地区 KOL 名单

华语区块链 OG

[New Fundraising] ZAR raised $ 7 M in Seed round, led by Dragonfly and VanEck.

ZAR is a digital dollar wallet enabling users to find nearby merchants to exchange cash for digital currency, safely and conveniently. ZAR debit cards can be used anywhere Visa is accepted.

More about ZAR:
https://www.rootdata.com/Projects/detail/ZAR?k=MTQ1NDE%3D

Source:
https://fortune.com/crypto/2025/04/30/stablecoin-zar-raises-7-million-dragonfly-capital-andreessen-horowitz-vaneck-ventures/

[New Fundraising] Gata raised $ 4 M in Seed round, backing from YZi Labs
, MH Ventures, and others.

Gata (formerly Aggregata) aims to be the leading data provider to advance safe, humane superalignment by creating cutting-edge AI data. Cutting-edge AI requires cutting-edge data: 1. Expand AI capabilities to superhuman levels; 2. Ensure human alignment with superalignment.

More about Gata:
https://www.rootdata.com/Projects/detail/Gata?k=MTE1OTk%3D

Source:
https://x.com/gata_xyz/status/1917534401212174362?s=46&t=uEW2GrKUdmT-3g82clIxKQ

[New Fundraising] Terminal 3 raised $ 8 M in Seed round, led by CMCC Global and Illuminate Financial.

Terminal 3 is a Hong Kong-based Web3 startup building user data infrastructure for a decentralized future. Terminal 3 leverages decentralized storage and zero-knowledge proofs to empower an equitable Web3 where user data is freely composable while remaining fully private and secure.

More about Terminal 3:
https://www.rootdata.com/Projects/detail/Terminal%203?k=ODc5Ng%3D%3D

Source:
https://blog.terminal3.io/terminal-3-raises-us-8mn-seed-round-to-scale-privacy-technology-in-new-age-of-ai/

Weekly Hot Projects🔥 (Apr.30 - May.6)

📈 Hey #CryptoFam! 🚀 We've just updated our weekly #CryptoTrends ranking list, based on your #RootData searches. 💻

🎯Top 10 winner is Movement, B² Network, Kraken, Tether, Haedal, Space and Time, Official Trump, Worldcoin, Ethereum R1, Gata.

Keep up with the hottest buzz in the industry and stay ahead of the trends. Don't miss out - check it out! 👇

https://rootdata.com

[New Fundraising] Sentora Raised $25 Million Financing, Led by New Form Capital

Sentora is a DeFi asset management service platform that integrates IntoTheBlock's institutional-grade DeFi analysis data and Trident's structured liquidity solutions. It will develop a unified interface to solve the fragmentation problem of multi-chain protocol interactions.

More about Sentora:
https://www.rootdata.com/Projects/detail/Sentora?k=MTc0NTQ%3D

Source:
https://www.coindesk.com/business/2025/05/05/intotheblock-and-trident-merge-secure-usd25m-backing-to-build-institutional-defi-gateway

Recent important job changes: https://www.rootdata.com/people

[New M&A] Coinbase to acquire Deribit in $2.9B deal

Deribit is currently the largest cryptocurrency options exchange. Its Bitcoin options trading volume accounts for more than 80% of the total market trading volume, and the Ethereum options trading volume accounts for more than 90% of the total market trading volume. Like most cryptocurrency exchanges, Deribit trades 24x7. Despite the fact that Deribit accounts for the vast majority of Bitcoin options market trading volume, it is an unregulated exchange.


More about Deribit:
https://www.rootdata.com/Projects/detail/Deribit?k=Mzk0Nw%3D%3D


Source: https://blockworks.co/news/coinbase-to-acquire-deribit-in-2-9b-deal

🚀 RootData Weekly Crypto X Leaderboard is here!

Gokhan Er tops this week's People Leaderboard after launching Lantern Capital in partnership with Nethermind. The firm focuses on machine-to-ledger communication in the AGI era, investing in Ethereum and chain-agnostic projects. Gokhan’s vision for AI and crypto’s future is shaping the next wave of innovation.

👑 Top 5 this week:

1. ​Gokhan Er - Co-founder at Lantern Capital - 351
2. Muriel Medard - Co-Founder & CEO at Optimum - 98
3. Nemil Dalal - Senior Director of Product at Coinbase - 81
4. Alex Cutler - Co-Founder at Aerodrome - 74
5. dingaling - Founder at boop - 73

Who’s leading the conversation in Web3? Who’s gaining momentum?

👉 Stay tuned for weekly updates.
🔗 https://www.rootdata.com/people