Investing.com – The company and its blockchain ecosystem have seen a lot of activity this week, with recent funding rounds, recent analytics tools being introduced, and a surge in developer engagement.

Here’s a roundup of the biggest news that made headlines this week.

Hyperbridge raises $2.5 million in funding

Blockchain technology company Hyperbridge has raised $2.5 million in seed funding from Web3 Foundation and Scytale Digital to expand its apply of the Polkadot architecture to create decentralized applications and escalate scalability.

The company also earned a spot on the parachain advertising network Polkadot, raising an additional $2.7 million via peer-to-peer lending, making it the most successful campaign of its kind on the network.

Hyperbridge advances cross-chain interoperability through a hub model, incorporating zero-knowledge technology to ensure secure cross-chain messaging and data storage.

The Tie Launches Analytics Dashboard for Polkadot

The Tie, a provider of market data and digital asset analytics, has launched a Polkadot ecosystem dashboard for institutional clients.

The recent dashboard provides a set of analytics for Polkadot-based assets, allowing users to monitor network performance and explore projects in the ecosystem. The platform helps investors and traders make informed decisions by providing a holistic view of the Polkadot network dynamics.

Dune extends data coverage to all Polkadot parachains

Blockchain analytics platform Dune has expanded its data coverage to include over 50 parachains in the Polkadot ecosystem.

The integration offers real-time visibility into all on-chain activity, allowing users to analyze transactions, decentralized finance (DeFi) activity, game development, and NFTs. Dune’s expanded reach includes major parachains such as Moonbeam, Acala, Phala, and Mythos.

Kampela secures funding for DAO on Polkadot

Cryptocurrency hardware startup Kampela has become the first company to raise full funding through a Decentralized Autonomous Organization (DAO) on the Polkadot network.

The funds will be used for Kampeli’s hardware wallet, which uses NFC technology and does not require wired or battery charging.

EasyA surpasses 1 million downloads, increases engagement on Polkadot

The Web3 EasyA educational app has surpassed one million downloads on iOS and Android, and over 100,000 developers have learned about Polkadot through the platform.

Founded in 2020 by Phil and Dom Kwok, EasyA has quickly become a key resource for recent and experienced developers alike, helping to drive growth in activity on the Polkadot network.