⚡️Crypto News Digest: Key Updates You Need to Know
The current report features updates of MicroStrategy, Monad, 0G Labs, Goldman Sachs, MARA Holdibgs, Starknet, IOTA, UniLend, CARV, Bonk Inu, Sharpe AI, and Gunzilla Games.
⚡️ @COTInetwork $COTI joins forces with @AnChainAI to bring Compliant Confidentiality to Web3
COTI has announced a partnership with АnChain.АІ, a provider of critical security and compliance infrastructure for blockchain platforms and applications. Under this collaboration, the projects will jointly research and implement compliant confidentiality, providing tools that will enable businesses and individuals to scan, monitor, and report effectively on transactions made on privacy-focused chains. COTI creates the world's leading digital infrastructure for payments and enterprise tokens.
⚡️ The IOTA Foundation has unveiled a proposal to rebase @Iota's $IOTA Layer 1
IOTA Foundation announces an upcoming community governance vote on a proposed protocol upgrade called IOTA Rebased. The firm proposes implementing an object-based ledger architecture on a DAG, using the Move programming language to enable smart contract functionality directly on the L1 ledger. If approved, the upgrade will bring multiple new features, including full decentralization with 150 validators, 10-15% $IOTA staking APY, 50k+ TPS with <500ms finality, and more.
⚡️ @ClearpoolFin announces the completion of the $CPOOL buyback and burn program
Clearpool has executed the Q3 2024 #CPOOL buyback and burn, successfully purchasing 482,458 tokens. The revenue generated from Clearpool Prime, Credit Vaults, Dynamic Pools, and the USDX Pool were combined and allocated towards the buyback. Some 50% of the tokens were burned, with 50% of the tokens deposited to rewards. Clearpool is a DeFi credit and #RWA lending protocol.
⚡️ Paradigm-backed @Monad_xyz rolls out its testnet as part of a phased release
Ethereum-compatible Layer 1 Monad has begun launching its testnet as part of a phased release. Monad claims to have optimized the way Ethereum works to provide greater throughput. The network's token will be used to pay for transactions to be included within blocks, known as a carriage cost, and for transactions to be executed. Monad has previously raised $244M from @Paradigm, @ElectricCapital, @Placeholdervc, and others.
⚡️ @MicroStrategy announces an additional acquisition of 51,780 $BTC for ~$4.6B
MicroStrategy has purchased 51,780 BTC for ~$4.6B at ~$88,627 per #Bitcoin. Through this acquisition, MicroStrategy brings its BTC Yield of 20.4% QTD and total BTC holdings to 331,220 #BTC acquired for ~$16.5B at ~$49,874 per bitcoin. The latest purchase used $5.7B from MicroStrategy's $21B ATM program, with $15.3B remaining. MicroStrategy is an independent publicly traded analytics and business intelligence company.
⚡️ @BuildOnLumia $LUMIA announces the integration of its liquidity solutions into @0xProject $ZRX
#Lumia teams up with 0x, a developer's one-stop shop to build financial products on crypto rails. Under this collaboration, Lumia's capital-efficient liquidity solutions will be integrated with 0x. 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).
⚡️ @Alluvialfinance has announced the closure of its $4.3M financing, led by @Variantfund
Alluvial, a software development company supporting the staking standard Liquid Collective, raises $4.3M in funding. The round was led by Variant, with participation from Ethereal Ventures, @BHDigitalAssets, @FPrimeCapital, Nascent, and others. The latest investment brings Alluvial's total funding to $22.5M, following its $12M Series A fundraising.
⚡️ @0G_labs will launch the AI Alignment Node Sale with @Swissborg on November 18th, at 13:00 UTC
0G Labs has teamed up with SwissBorg to conduct the AI Alignment Node Sale on its platform. The 0G x SwissBorg Master Node sale will be available in the SwissBorg app from November 18th, 13:00 UTC. Users will have access to different sale vaults, depending on their $BORG holding amount. 0G Labs is the world's first Decentralized AI Operating System (dAIOS).
⚡️ @Bonk_Inu has announced the launch of a 1T $BONK burning campaign
Bonk Inu kicks off BURNmas, the campaign that features BONK burns based on specific engagement criteria. Users will be able to increase burned #BONK amount by publishing Twitter (X) posts using #LetsBONK, and subscribing to IG, Tiktok, & Youtube, among many others activities. The initiative is live and will last until December 24th, 12:01 AM UTC.