Ethereum development company Chainbound completes a $4.60 million financing round, led by Cyber Fund.

Odaily Planet Daily News: Ethereum development company Chainbound has completed a $4.60 million financing round, led by Cyber Fund, with participation from Maven 11, Robot Ventures, and Bankless Ventures. The startup is reportedly developing a protocol called Bolt, which will enable sub-second transaction confirmation on Ethereum, significantly speeding up the current average transaction confirmation time of around 7 seconds. (TheBlock)