Forwarded from Glassnode
#Ethereum's Aggregate Security Spend ("Thermocap") just reached $7 billion USD.
Thermocap is the total revenue generated by the network (block rewards paid to miners), and can be used as a measure of the true capital flow into Ethereum.
Live chart | @glassnode
Thermocap is the total revenue generated by the network (block rewards paid to miners), and can be used as a measure of the true capital flow into Ethereum.
Live chart | @glassnode
Uniswap has closed $11M USD private fundraising round. This round was led by Andreessen Horowitz with additional investments from USV, Paradigm, Version One, Variant, Parafi Capital, SV Angel, and A.Capital. According to the blog post this investment round will help to grow the team and to build Uniswap V3.