"This round of funding is a pivotal step in solidifying DIMO's position as a foundational DePIN network. With over 36,000 cars connected to our network, which represents over $1 billion USD in assets, we've built a valuable utility for developers and will be enhancing their ability to build on the network with new tools over the course of the year," Andrew Chatham, CEO of Digital Infrastructure Inc and co-founder of DIMO, said in an email to The Block. Bitcoin price coinmarketcap Despite the thousands of competitors that have sprung up, Bitcoin—the original cryptocurrency—remains the dominant player in terms of usage and economic value. None have matched its market cap and value so far.
Vitalik Buterin and Foundation researchers are offering solutions to reduce maximum block size to make room for more data blobs in the future. Life Crypto markets Polygon, Shiba Inu, Litecoin, Bitcoin Cash, Cosmos, and Leo are also trading in losses on Wednesday.