ChainCatcher news, according to CoinDesk, insurance provider OpenCover has completed a $4 million seed funding round, led by NFX and Jump Crypto, and has also secured an additional $200,000 from Coinbase, and is now live on Base.OpenCover CEO Jeremiah Smith stated that OpenCover has also launched an insurance alternative on Optimism and is currently collaborating with Aave, Uniswap, Curve, Safe, Morpho, Synthetix, Beefy, Angle, 1inch, and Yearn.

ChainCatcher news, according to The Block, Web3 gaming infrastructure startup Xternity has completed a $4.5 million pre-seed funding round, led by NFX, with participation from Jibe Ventures, Flori Ventures, Secret Chord Ventures, and vGames.It is reported that Xternity aims to help Web2 game publishers adopt Web3 technologies, including NFTs, through its "no-code" platform, and supports publishers in creating NFT collectibles, providing them with customized wallets and loyalty clubs. The platform currently supports multiple blockchains, including Polygon, ImmutableX, Solana, Binance, Celo, and Ethereum. (The Block)

ChainCatcher news, DeFi credit startup Carapace has completed a $2.5 million financing round, led by NFX, with participation from Tribe Capital, Ledger Prime, GSR, and others.It is reported that Carapace provides default risk protection for low-collateral or unsecured loans in the crypto market, aiming to connect buyers and sellers to mitigate credit default risks. Carapace will launch on the decentralized credit platform Goldfinch in early 2023. (source link)