⚡️Crypto News Digest: Key Updates You Need to Know
The current report features updates of Ethereum, Solv Protocol, Creator Bid, Open Campus, Sharpe AI, Mode Network, Sui RWA, Unmarshal, Orbiter Finance, NULS, Sui, Animecoin, E Money Network, Lympid, and OndoAI.
⚡️ @Orbiter_Finance has introduced $OBT tokenomics and #airdrop eligibility guide
Orbiter Finance announces the launch of #OBT, the native governance and staking token of the protocol. Users can now check their eligibility and allocation on the dedicated portal, while claims and TGE scheduled to January 20th. Some 22% of $OBT total supply will be initially distributed to the eligible users, while 18% more will be unlocked during the 6-month period. Orbiter Finance is a ZK-tech-based interoperability blockchain infrastructure
⚡️ @UnmarshalAI $MARSH has announced its partnership with the @MindAI_io platform
Unmarshal teams up with Mind AI, a trading insights platform powered by social intelligence & #AI agents. By leveraging Unmarshal’s multi-chain data infrastructure and AI-driven tools, Mind AI will enhance its market intelligence. Unmarshal AI is a multi-chain Web 3.0 data network combining AI and decentralized tech to deliver real-time data for dApps, #DeFi, NFTs, and GameFi across major blockchains.
⚡️ @GTE_XYZ has raised $10M via its venture capital & community funding rounds
GTE, a decentralized exchange built on the @Megaeth_labs blockchain, announces the closure of its $10M fundraising. The funding includes a $1.5M pre-seed round, $6.94M seed funding and a $2.5M community-focused round on Echo. Among venture investors are @Maven11Capital, @Wintermute_t, @FlowTraders, @RobotVentures, @BigBrainVC, @GSR_io, @SeliniCapital, @ManifoldTrading, @Karatage_, and others. GTE is currently operational in a private testnet phase and is preparing to launch alongside MegaETH's public testnet and mainnet launches later this year.
⚡️ Coin of the Day by Market Sentiment - @Ripple $XRP
Ripple is a money transfer network designed to serve the needs of the financial services industry. XRP is the native crypto token of the Ripple network.
⚡️ @Pushprotocol $PUSH has teamed up with @Plumenetwork $PLUME
Push Chain announces its partnership with Plume Network to expand #RWAfi. The collaboration will allow users to access cross-chain RWAfi transactions, a simplified onboarding process, and 180+ Plume's ecosystem apps. Moreover, dApps on Plume Network, including staking aggregators and markets will be able to provide its services cross-chain. Push Chain is a network focused on chain abstraction and building web3 applications accessible across different networks.
⚡️ @Nuls $NULS raises $3.4M from @ApeTerminal to foster AI innovation within the ecosystem
NULS has secured $3.4M from Ape Terminal to accelerate the development of AI innovation within the ecosystem. Moreover, Ape Terminal has officially completed its acquisition of NULS. The investment signifies a pivotal strategic shift for NULS, emphasizing advancing #AI applications within its ecosystem. NULS is a blockchain infrastructure platform, that provides cross-chain consensus, multi-chain mechanisms, and smart contract support.
Dev.Activity - the development activity of a project done in its public Github repositories. Development Activity metrics are measured in number of @Github events.
Real World Assets (#RWAs) became one of the most hyped narratives of current market momentum. Let's explore the leading #RWA projects ranged by market capitalization.
⚡️ @Merit_Systems has raised $10M in funding led by @a16zcrypto and @BlockchainCap
Merit Systems, a startup focused on changing the economics of open-source software development, secures $10M in a seed fundraising co-led by a16z crypto and Blockchain Capital. Moreover, the round was joined by numerous angels, including @aeyakovenko, @dwr, @Chadbyers, @PackyM @Vancespencer, @Im_manderson, @Crispheaney, @MatanSF, and others. Merit develops an attribution protocol for open-source projects, a system that tracks contributions and rewards contributors proportionally to the value they create.
⚡️ @Phantom closes its $150M funding co-led by @Sequoia and @Paradigm
Phantom Wallet has announced the closure of its $150M Series C funding round at a $3B valuation. The fundraising was co-led by Sequoia Capital and Paradigm with additional participation from @a16zcrypto and @Variantfund. Moreover, the project has unveiled its plans to double down on strategic partnership with previously acquired @Blowfishxyz, to develop essential wallet infrastructure and robust security features.
⚡️Crypto News Digest: Key Updates You Need to Know
The current report features updates of Aligned, Kernel DAO, Sui RWA, Push Chain, Clearpool, BounceBit, RWA Inc., Coinbase, AITECH, Tether, Plume Network, Lumia, Injective, Saga, and Pyth Network.
⚡️ @1MoneyNetwork has raised $20M in the seed investment round
1Money Network secures $20M in seed funding to build a Layer 1 exclusively designed for stablecoin payments. Among round participants are @FPrimeCapital, @Gxvofficial, @KrakenVentures, @Tribecap, @Hack_vc, @Etherealvc, @MoonPay, @KuCoinVentures, Portage, @CMT_Digital, @BitGo, @A100x_Ventures, @Anagramxyz, @Genventurecap, @Borderless_cap, @ProtagonistXYZ, @GumiCryptos, @BanklessVC, and others. Users can now join the 1Money Network waitlist to access early access and exclusive launch promotions.
⚡️ @MindAI_io has announced the closure of Its $1.2M investment round
Mind AI, a project providing AI-driven tools for insights, portfolio management, and trading, raises $1.2M in funding. Among the investors are @aixCB_Vc, @Castrumistanbul, @Mavencapitalio, @SMOCapital, @DewhalesCapital, @MetazeroCapital, @X21_Digital, @Lunar3capital, @CapitalZephyrus, @AlfaCatalyst_, @Decubate, @Unrealcapitalvc, @GainsAssociates, @CoinvestorV, @KefVentures, @Trycarbonio, @Danxia_Capital, and @ventureUnicorn1. The project will use the funds to transform social signals into profitable trading decisions powered by #AI. Furthermore, the project has teased an upcoming launch of its platform.
⚡️ @BuildOnLumia $ORN has announced an upgrade of its testnet to the Erigon infrastructure
Lumia upgrades its testnet to the cutting-edge Erigon infrastructure to deliver 4x performance boost. The update follows Lumia's recent launch of the Fork ID 12 upgrade. Moreover, the project has launched its ambassador program, welcoming users to apply. Lumia is a next-gen modular Layer 2 network designed to provide deep liquidity, unmatched capital efficiency, and essential infrastructure for the future Real-World Assets (RWAs).
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