According to Bloomberg, Berachain recently received $100 million in funding, about 45% higher than previously reported. According to a statement, Brevan Howard Digital's Abu Dhabi and Framework Ventures co-led the Series B funding round, with other participants including Polychain Capital, Hack VC, and Tribe Capital, among others. Investors support Berachain through a simple protocol of "SAFT" or future tokens. Last month, Bloomberg said Berachain had raised more than $69 million at a valuation of at least $1 billion. Since then, the news has been officially confirmed by Berachain. [Bloomberg]

PANews News on February 6, according to CoinDesk, according to the ruling released on Monday, the judge of the Supreme Court of British Columbia, Canada, ruled that the suspension of the crypto mining project by BC Hydro, the power company of British Columbia, is reasonable. In his ruling, Judge Michael Tammen said the moratorium, which was first issued in December 2022, was reasonable, non-discriminatory and within the limits set out in the province's Public Utilities Commission Act. The ban was previously challenged by Conifex Timber, a forestry company with a Crypto AssetsMining footprint. Conifex is planning mining operations with the indigenous tribe Tsay Keh Dene Nation. Judge Tammen wrote that BC Hydro's injunction is based on a cost of service that takes into account Crypto AssetsMining unique, substantial energy needs designed to preserve affordable energy for the wider population. For its part, Conifex stressed that it sees the continuation of the ban as a missed opportunity for the province.

According to a ruling released Monday, a judge in the Supreme Court of British Columbia, Canada, ruled that the suspension of Crypto AssetsMining projects by B.C Hydro's, the province's power utility, was justified. The ban has been challenged by forestry company Conifex Timber, which has ventured into Crypto AssetsMining business. Mining operations with the indigenous tribe Tsay Keh Dene Nation are being planned. In the ruling, Judge Michael Tammen said the injunction, first enacted in December 2022, was reasonable, non-discriminatory and within the scope of the province's Utilities Commission Act. For its part, Conifex stressed that it sees the continued ban as a missed opportunity for the province. （CoinDesk）

Decentralized Finance project Nibiru Chain announced the completion of a strategic round of financing, with Oddiyana Ventures participating, the specific investment amount has not been disclosed. It is reported that Nibiru Chain closed an $8.5 million seed round at a valuation of $100 million last year, co-led by Tribe Capital, Republic Capital, NGC Ventures and Original Capital.

Gamified Bitcoin accelerator 10n8 Little Dragon announced the completion of a $1.5 million funding round for Centauri Digital Asset Group, Mirai DAO, New Tribe Capital, 3M Capital, Ivan on Tech, SeedThrift Ventures, Boxmining, Spicy A number of investors and venture capital firms, including Capital and Satoshi Stacker, participated. 10n8 Little Dragon was created with the goal of accelerating projects in the Asia-Pacific region, driving more users to stake, play and earn in different mining pools and games, and develop Unity-based Metaverse games in the future. （Decrypt）