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Daily Summary on December 24, 2024 $VIRTUAL $ZEC $PENGU $HYPE $CRV #BTC #ETH $SOL $DOGE $XRP #dailysummary #DeFi #Crypto
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Usual raises $10M in a Series A funding round #Usual secures $10M in a Series A funding round co-led by Binance Labs and Kraken Ventures, with participation from Galaxy, Ethena, M^0, OKX Ventures, Wintermute, echo, IOSG Ventures, Fasanara Capital, Symbolic Capital, Amber Group, GSR, Psalion VC, Coinbase Ventures and others. Usual is a project focused on issuing secure and decentralized fiat stablecoins, redistributing ownership and governance through the $USUAL token. ๐ x.com/usualmoney/status/1871213387188986315
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Injective unveils integration with Mercado Bitcoin #Injective $INJ has been integrated into the Brazilian exchange #MercadoBitcoin . Through this integration, Mercado Bitcoin enables users to on-ramp into the Injective ecosystem with Brazilian Real. Injective is an open, interoperable #Layer1 blockchain powering #DeFi applications, including decentralized spot and derivatives exchanges, prediction markets, lending protocols and more. ๐ x.com/injective/status/1871197431284871240
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Binance Labs unveils investment in Usual #BinanceLabs invests in #Usual to redefine stablecoins with community-first innovation. Raised funds will help Usual accelerate its mission to redefine stablecoins and drive the adoption of decentralized financial systems. Usual is a project focused on issuing secure and decentralized fiat stablecoins, redistributing ownership and governance through the $USUAL token. ๐ x.com/BinanceLabs/status/1871209616690082120
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Avalon Labs raises $10M in a Series A funding round #AvalonLabs secures $10M in a Series A funding round led by Framework Ventures, with participation from Kenetic Capital, UTXO Management, SNZ Holding, Antalpha Global, Summer Ventures, Comma3 Ventures, GeekCartel, Presto Labs, MARBLEX, Trinito, Taiko and others. Avalon Labs is a decentralized finance platform focused on providing lending solutions across multiple blockchain ecosystems. Its core offering is a decentralized lending protocol, which uses an isolated lending pool mechanism to manage risk more effectively by segmenting collateral into different risk categories. ๐ x.com/avalonfinance_/status/1871201621193158903
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